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Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...

STIX Raises $27 Million in Funding: Revolutionizing Digital Asset Trading

STIX, the leading OTC Secondaries platform, has recently completed a successful fundraising round, securing $27 million in funding. The round was led by Psalion VC, with participation from notable investors such as Big Brain Holdings, Eterna Capital, Fisher8 Capital, Humla Ventures, 0xkb, and TLF Ventures, among others. This significant investment will further propel STIX towards its goal of becoming the most trusted avenue for buyers and sellers of illiquid digital assets through its online marketplace, which is set to launch in the fourth quarter of 2023.

Experienced Team of Experts

One of the key strengths of STIX lies in its management team, which comprises highly experienced professionals with deep knowledge across Web3, capital markets, private equity, and secondaries. Additionally, the team has a proven track record in providing customized liquidity solutions, including GP-led secondaries, continuation vehicles, and stapled commitments. This expertise positions STIX as a reliable and knowledgeable partner for both buyers and sellers in the digital asset market.

Partnerships with Leading Digital Asset Unicorns

Since its inception, STIX has been actively involved with some of the leading digital asset unicorns in the industry. Partnerships with companies such as Eigenlayer, Celestia, zkSync, Sui, Mysten Labs, Scroll, Fuel, LayerZero, and Animoca have allowed STIX to establish a strong presence and build valuable relationships within the digital asset space. These partnerships further solidify STIX's reputation as a trusted platform for conducting transactions in the private market.

Addressing Challenges in the Crypto Secondary Market

Despite the rapid growth of capital raised by secondaries funds, the market for buying and selling private positions in the crypto space still faces challenges. These challenges include a lack of liquidity, high counterparty risk, and inefficient pricing. STIX aims to address these issues by establishing a trusted, private, and compliant OTC platform. The platform will enable data-driven price discovery and enhance liquidity in secondary markets. STIX will provide sellers with easy access to liquidity in a private manner while offering buyers unparalleled access to market-leading projects through an efficient and user-friendly interface.

Proprietary Risk Management and Portfolio Analytics Tools

In addition to its marketplace, the STIX platform plans to release a full suite of proprietary risk management and portfolio analytics tools. These tools will empower users to make informed investment decisions and effectively manage their digital asset portfolios. By providing comprehensive solutions beyond the basic transactional capabilities, STIX aims to differentiate itself and provide added value to its users.

The Future of STIX

With the recent successful fundraising round, STIX is well-positioned to achieve its mission of becoming the most trusted liquidity avenue for buyers and sellers of illiquid digital assets. The platform's experienced team, partnerships with leading digital asset unicorns, and focus on addressing the challenges in the secondary market set STIX apart from its competitors. As the launch of its online marketplace approaches, the industry eagerly awaits the unveiling of STIX's innovative platform and the potential it holds for transforming the way digital assets are bought and sold.

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