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Momo Ong, co-founder of Codex, said the platform is designed to address enterprise adoption challenges such as UX friction, workflow incompatibility, trust and regulatory compliance
Dragonfly co-founder Haseeb Qureshi said Codex was built from the ground up as a stablecoin ecosystem for enterprise, offering trust, connectivity and regulatory clarity
Codex is optimized for stablecoin usage with predictably low transaction fees and established relationships with exchanges and brokers to support fiat conversions
Haonan Li, co-founder of Codex, said the team is working on enabling transaction privacy while maintaining overall blockchain transparency

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Codex raised $15.8M in seed funding, led by Dragonfly Capital

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