CEX Foundation raises $8 million to accelerate ecosystem development.

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On August 11, according to official news, the CEX Foundation announced the allocation of 8 million USD in CEX tokens from the CEX chain community treasury to comprehensively upgrade its funding program, aiming to accelerate ecological growth, enhance capital efficiency, and provide strategic funding support for high-impact projects at scale. It is reported that the 8 million USD will be focused on three major areas over the next 12-18 months: · Infrastructure, development tools, and security system construction · Ecosystem expansion plans · Cutting-edge technology research and development. The new plan will be directly operated by the foundation's wholly-owned subsidiary CEX Grants Ltd., replacing the original Grants DAO structure.

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