Bitcoin Services Provider Korbit Closes $3 Million Series A Funding
Korbit, the leading provider of bitcoin exchange, wallet, and merchant payment processing in South Korea has closed a $3 million Series A funding round, the company announced Monday. The funding was led by SoftBank Ventures Korea, in addition to Pantera Capital, and other investors that include Barry Silbert's Bitcoin Opportunity Corp., BAM Ventures, Tim Draper (who recently purchased a large amount of seized Silk Road bitcoins), and more. Speaking about the investors involved with the funding, Korbit CEO Tony Lyu said that, "the leading investors in the Bitcoin space have chosen Korbit....
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Korbit has announced a $3m Series A funding round, led by Softbank Ventures Korea. The round included Pantera Capital and BAM Ventures, as well as investors and funds previously associated with the company: Barry Silbert's Bitcoin Opportunity Corp, Tim Draper, Pietro Dova and Strong Ventures. The first bitcoin to Korean won exchange, Korbit had previously received a seed funding round of $400,000 in January, which brought its funding total at the time to $600,000 in angel investing overall. Although it offers an English-language version of its website, Korbit's services are targeted at the....
Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant Epic Games and Chinese entertainment behemoth Tencent. Hadean aims to keep developing its metaverse-scaling infrastructure and software.
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The company closed its Series A funding round gathering support from....
Moonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that Moonpay provides is key to several hundred wallets and services for onboarding users with fiat currency.
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Moonpay, a startup that specializes in processing payments to purchase cryptocurrencies, has raised $555 million in its first financing round. The....
South Korean bitcoin startup Korbit has announced that it will receive $400,000 in funding from various Silicon Valley investors. If that figure doesn't impress, the names behind it might. The list includes DFC founder Tim Draper, AngelList founder Naval Ravikant, SV Angel founder David Lee and Barry Silbert, founder of SecondMarket and a high-profile bitcoin advocate. Draper said bitcoin's growth in Korea has been remarkable, adding that Korbit is setting a good example for bitcoin companies around the world. He argues Korea could play a leading role in the future of global finance by....
Bitcoin rewards company Lolli closed a $10 million Series A round led by eye-catching social media influencers and celebrities.