Claymont, DE – According to filings with the U.S. Securities and Exchange Commission, BetDex Labs is raising $20,999,953.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Varun Sudhakar played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About BetDex Labs
BetDEX are on a mission to create the premier decentralized sports betting protocol. Historically, the sports betting industry has charged high prices for weak products with minimal innovation. Sportsbooks make every effort to hold on to player funds exposing users to significant counterparty risk. By building on the Solana blockchain, BetDEX can deliver high speeds and low transaction costs while eliminating counterparty risk. In addition, BetDEX is a permissionless protocol allowing anyone to build their own applications on top.

To learn more about BetDex Labs, visit http://www.betdex.com/

Contact:
Varun Sudhakar, Chief Executive Officer
937-810-0179
varun@betdex.com
https://www.linkedin.com/in/varun-sudhakar-6b328021/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved