# DerpDEX Project Overview - April Edition

By [laibwen.eth](https://paragraph.com/@laibwen) · 2024-05-31

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GM derps! 😊 ! April has been an exceptional month for our Derpfam, with several exciting news:

1.  ABO Strategic Investment
    
2.  Hong Kong Web 3 Festival
    
3.  CoinWeb Partnership
    
    **ABO Strategic Investment😙**
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ABO $5mil Strategic Investment

DerpDEX and ABO Digital have entered into a significant agreement, valued at $5 million, to forge a strategic investment and liquidity partnership. This milestone marks an exciting opportunity for both parties to explore synergies within the meme-token sector during this bullish market phase.

Within the framework of this strategic investment, ABO Digital will provide investment capital, liquidity support, and opportunities for meme-token incubation. This collaboration aims to bolster DerpDEX's presence across various Layer 2 blockchains including ZkSync, Base, opBNB, and others yet to emerge. The goal is to facilitate DerpDEX's growth and expansion, along with its native token $DERP.

ABO Digital, as an investment firm, specializes in offering alternative financing solutions to cryptocurrency projects globally. As part of the Alpha Blue Ocean group, which has committed over $2 billion in financing to publicly listed companies worldwide since its establishment in 2017, ABO Digital brings institutional-grade expertise and flexible financing options to blockchain developers across the globe.

**The investment news was also featured by the major crypto medias across the world!**

[**Decentralized Trading Protocol DerpDEX Secures $5 Million Strategic Investment From ABO Digital**](https://www.binance.com/en/square/post/2024-04-05-decentralized-trading-protocol-derpdex-secures-5-million-strategic-investment-from-abo-digital-6357929162649)

[https://www.binance.com/en/square/post/2024-04-05-decentralized-trading-protocol-derpdex-secures-5-million-strategic-investment-from-abo-digital-6357929162649](https://www.binance.com/en/square/post/2024-04-05-decentralized-trading-protocol-derpdex-secures-5-million-strategic-investment-from-abo-digital-6357929162649)

[https://www.binance.com/en/square/post/2024-04-05-decentralized-trading-protocol-derpdex-secures-5-million-strategic-investment-from-abo-digital-6357929162649](https://www.binance.com/en/square/post/2024-04-05-decentralized-trading-protocol-derpdex-secures-5-million-strategic-investment-from-abo-digital-6357929162649)

[**去中心化交易所DerpDEX完成500万美元战略融资**](https://www.panewslab.com/zh/sqarticledetails/kzl2e4qu.html)

[https://www.panewslab.com/zh/sqarticledetails/kzl2e4qu.html](https://www.panewslab.com/zh/sqarticledetails/kzl2e4qu.html)

[https://www.panewslab.com/zh/sqarticledetails/kzl2e4qu.html](https://www.panewslab.com/zh/sqarticledetails/kzl2e4qu.html)

[**foresightnews.pro**](https://foresightnews.pro/news/detail/42253)

[https://foresightnews.pro/news/detail/42253](https://foresightnews.pro/news/detail/42253)

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*Originally published on [laibwen.eth](https://paragraph.com/@laibwen/derpdex-project-overview-april-edition-2)*