# FWX: Financial services, Thailand

> FWX: FWX is a decentralized finance platform based in Bangkok, Thailand, specializing in EVM-based chains. Based in Thailand. Founded 2021.

Source: https://millionrounds.com/startup/fwx (Millionrounds; every figure on the page links to its filing or article)

Thailand · [Financial services startup](https://millionrounds.com/companies)

# FWX

FWX is a decentralized finance platform based in Bangkok, Thailand, specializing in EVM-based chains.

Email

Funding reported Last round: Series A

Financial services Thailand

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Company summary

- **Founded:** 2021 5 years old
- **Team:** 20 11 to 50 people
- **Funding reported:** 5M as listed, currency not stated
- **Last round:** Series A Apr 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for FWX has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About FWX

FWX is a decentralized finance platform based in Bangkok, Thailand, specializing in EVM-based chains.

It operates as a decentralized derivatives exchange and a provider of lending and borrowing services. FWX offers a permissionless onchain leverage trading platform for tokens across various networks, including Avalanche, Base, BNB Chain, and Monad. The platform features a decentralized derivative exchange for leveraged trading and lending/borrowing pools that allow users to manage major crypto tokens. FWX also provides an AMM-based leveraged swap platform, enabling users to list tokens early by supplying liquidity. Additionally, the FWX Wallet serves as a gateway for DeFi trading, and the company offers testnet and developer documentation to support protocol development and user onboarding. FWX caters to DeFi traders looking for permissionless leveraged trading, users interested in lending or borrowing crypto assets, and token projects or liquidity providers aiming to list tokens at early stages. The company has partnered with Chainalysis to enhance security and trust within its platform.

## What company datasets say FWX raised

Funding, as reported

Reported in all **5M** in the source's currency

Rounds **5**

Last round **Series A**

Last round date **Apr 2023**

Investors listed **10**

## On a portfolio page

Investors who name them

- [Varys Capital](https://millionrounds.com/fund/varys-capital)

Each firm lists FWX on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

information technology & services financial services b2c fintech services finance technology

Built with from their website

Amazon SES Google Workspace CloudFlare Amazon Simple Email Service Google Meet CloudFlare CDN Cloudflare DNS Amazon AWS Google Search Console Gmail

- **Sector:** Financial services
- **Industry code:** NAICS 522320, 523210, SIC 6211
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/fwx)

## Financial services in Thailand

Startups like it

- [**Omise** Bangkok · founded 2013 *Raised*](https://millionrounds.com/company/omise)
- [**Jitta** Bangkok · founded 2013 *Raised*](https://millionrounds.com/company/jitta)
- [**Bitkub** Bangkok · founded 2018 *Raised*](https://millionrounds.com/company/bitkub)
- [**SYNQA** founded 2015](https://millionrounds.com/startup/synqa)
- [**masii.com** founded 2015](https://millionrounds.com/startup/masii-com)
- [**ABACUS digital** Bangkok · founded 2017](https://millionrounds.com/startup/abacus-digital)
- [**OMG Network** Bangkok · founded 2017](https://millionrounds.com/startup/omg-network-2)
- [**Finnomena** founded 2015](https://millionrounds.com/startup/finnomena-2)

## Is this your company?

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