OrangeX's Trust-First Model Attracts $20M to Power Global Growth

OrangeX, a global cryptocurrency exchange, has successfully closed a $20 million Series B funding round, marking a major step in its strategy to expand its global footprint in the crypto industry. The round was led by Kryptos, with continued support from SCI Ventures and other key investors. This follows the exchange’s $10 million Series A round in September 2023, which was also led by Kryptos and supported by NGC Capital, Phase Capital, and SCI Ventures. The new capital will be used to enhance core infrastructure and accelerate global market expansion [1].

The Series B round, which closed in the first half of 2025, reflects strong investor confidence in OrangeX's strategic direction and long-term vision. Thomas W., CEO of OrangeX, emphasized that the funding accelerates the company’s mission to lead in compliance, innovation, and high-performance trading infrastructure. “Kryptos’ renewed and increased investment, along with the continued support of our partners, reaffirms our commitment to building a trusted and compliant global trading platform,” Thomas said [1].

As of August 2025, OrangeX reported over $66 million in core cryptocurrency holdings and over $200 million in total platform liquidity. The exchange also achieved a monthly traffic volume of 6 million visits, according to SimilarWeb data. On the derivatives contract rankings, the platform has climbed to the 35th position globally in derivatives trading volume, signaling its growing influence in the derivatives market [1].

OrangeX has also made significant strides in compliance and institutional credibility. The exchange has implemented a publicly verifiable Proof of Reserves (PoR) system, ensuring that all user assets are fully backed at all times. It holds a VASP license in the Czech Republic and is in the process of reapplying under updated regulatory standards. Additionally, OrangeX is registered as a Money Services Business (MSB) with the U.S. Financial Crimes Enforcement Network (FinCEN) and holds a digital asset trading license in Saint Vincent and the Grenadines [1].

The company enforces strict Know Your Customer (KYC) and Anti-Money Laundering (AML) standards, working with compliance partners such as LexisNexis Risk Solutions, SlowMist, and CipherOwl. OrangeX has also integrated Travel Rule APIs to align with global regulatory frameworks, including the Markets in Crypto-Assets (MiCA) regulation in the European Union and the Financial Action Task Force (FATF) guidelines [1].

These advancements underscore OrangeX's commitment to delivering a secure, compliant, and high-performance trading experience. The platform offers services such as derivatives trading, spot trading, one-click copy trading, and a fiat gateway for crypto purchases. With the Series B funding, OrangeX is positioned to further solidify its presence in key markets and continue its mission to foster innovation and trust within the cryptocurrency ecosystem [1].

Source:

[1] Global Crypto Exchange Orangex Secured 20 Million In Second Investment Round (https://menafn.com/1109987377/Global-Crypto-Exchange-Orangex-Secured-20-Million-In-Second-Investment-Round)