Asian Bitcoin Exchange Raises $16 Million in Ongoing Series A
A bitcoin exchange startup based in Singapore has raised $16m as part of an ongoing Series A round led by a Japanese investment fund. Quoine announced earlier this week that it had raised the funds from investment fund JAFCO, which has confirmed its participation in the round, as well as a group of undisclosed angel investors. The startup is now in the process of moving its headquarters to Japan. Quoine's Series A round isn’t complete, however, as it said it is looking to close another $4m, for a total of $20m, in the coming months. The exchange said it plans to use the funds to build out....
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Kucoin, a Seychelles-based cryptocurrency exchange, has announced it has raised $150 million in a pre-Series B funding round. The negotiation, which was led by Jump Crypto with the participation of other investors including Circle Ventures, IDG Capital, and Matrix Partners, has conferred the exchange a valuation of $10 billion. The exchange will use these funds to keep expanding in the Web3 sector.
Kucoin to Expand in the Web3 Arena
Crypto exchange Kucoin has announced it has raised $150 million as a part of its pre-Series B funding round. The company, which had raised $20....
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