ZKEX operates a decentralized exchange for spot trading and perpetual cryptocurrency contracts.
Founded in 2022 by Balal Khan, ZKEX is based in Tortola, British Virgin Islands. Its exchange uses zero-knowledge proofs to support trading across blockchain networks while users retain control of their assets. In August 2024, it raised USD 2.5 million in seed funding co-led by Fenbushi Capital, KXVC, and RockTree Capital, with NGC Ventures, L2 Iterative Ventures, Crypto.com Capital, IDG Blockchain, Whale Ground, MOONHILL CAPITAL, Blocklabs Capital Management, Hyperithm, and Optic Capital participating.
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