WOWX labs Closes US$10 Million Founder-Led Growth Financing as WOWX.market Enters Scale Phase

Oct 21, 2026

NEW YORK - Oct. 21, 2026 - PRLog -- WOWX labs today announced the closing of a US$10 million founder-led equity financing as WOWX.market, its decentralized derivatives trading infrastructure, enters its next stage of expansion.

The financing was completed at a US$100 million pre-money reference valuation, following more than three years of technology development supported by operating cash flow and retained earnings generated from WOWX's historical centralized exchange operations.

Over this period, WOWX used internally generated capital to support research, engineering, payroll, infrastructure development and the transition from WOWX.io to WOWX.market. The current development phase has not relied on new institutional VC financing.
With the core product and infrastructure now deployed, the new capital marks WOWX's transition from a self-funded build phase to a capitalized scale phase.
The US$10 million in fresh equity capital committed by the founding team will be allocated primarily toward protocol engineering, security infrastructure, STP execution architecture, global liquidity connectivity, AI and data systems, and the continued development of WOWX.market.

The US$100 million pre-money reference valuation reflects the strategic value of WOWX's deployed technology, historical operating capability, proprietary market intelligence, execution infrastructure and future expansion potential.

Unlike a fundraising-led development model, WOWX's approach has been to deploy capital before seeking additional financing—building the infrastructure, validating the product and then committing new capital for scale.

The transaction provides WOWX with additional resources to expand its decentralized market infrastructure while maintaining a founder-led, technically focused and capital-disciplined operating model.

Media Contact

Official Website: www.wowx.market
Documentation: https://wowx.gitbook.io/wowx/EjbV8Sa4jxVyL9dZxacV
X: https://x.com/wowxmarket
Media Contact: [email protected]


Source: WOWX

Read Full Story - WOWX labs Closes US$10 Million Founder-Led Growth Financing as WOWX.market Enters Scale Phase | More news from this source

Press release distribution by PRLog

More News

Delos Santos sets new junior world records in Ningbo

Oct 31, 2026

Delos Santos sets new junior world records in Ningbo

MANILA, Philippines — Albert Ian Delos Santos finished out of the podium in the 2026 IWF World Weightlifting Championships, but delivered a promising performance by shattering two junior world records in the men’s 70-kilogram (kg) division in Ningbo, China. The 20-year-old Asian Junior champion came off a bronze finish in the 2026 Asian Games in Aichi-Nagoya, Japan, and was not over in setting new records as he eclipsed his previous world junior record He lifted a total of 331kg, built on 144kg in the snatch and 187kg in the clean and jerk. to surpass his previous total lift of 324kg that he made in the Asian Games. He also eclipsed his own record in the clean and jerk of 183kg. To put the 331 kg total into perspective, it is almost equivalent to the weight of a standard grand piano, an average commercial soda vending machine, or about 11 golden retrievers. First Filipina Olympic gold medalist Hidilyn Diaz formerly lauded Delos Santos and knew that he was meant to reach greater heights “Ian is one of our future Olympian gold medalist in the Philippines, as you can see he’s a junior world record holder, then he won here at 20 years old, competing in Asian Games, and it’s his first time,” Diaz told the media during Delos Santos bronze finish in Asiad.   “He is one of a kind, and I can’t describe how brave he is,” she added. North Korea took the top two spots, with Pak Pyol winning gold with a world-record total of 355 kilograms, while Ri Won Ju took silver with 343 kg, and China’s He Baozhen rounded out the podium with bronze, lifting 339 kg. Although he fell short of a medal, Delos Santos delivered one of the competition’s standout performances, improving his own junior records against some of the world’s top lifters. Delos Santos is expected to move up to the 75-kilogram category for the IWF qualifying competition in Qatar in December as he continues his international campaign.

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.