Express
Crypto Exchange BTSE Completes $22 Million In Series A Funding At A $400M Valuation
Summary: BTSE, the cryptocurrency exchange and digital asset technology group announced on Thursday that it has completed its Series A funding with a valuation of $400 million. This round was ended on January 31 with a total of $22 million raised, attracting a series of supporters including family offices. The main investor is a family office ...
BTSE, the cryptocurrency exchange and digital asset technology group announced on Thursday that it has completed its Series A funding with a valuation of $400 million.
This round was ended on January 31 with a total of $22 million raised, attracting a series of supporters including family offices. The main investor is a family office in Hong Kong.
BTSE was established in 2018, and its ultimate goal is to become an institution that connects the existing traditional financial system with the future currency.
Jonathan Leong, co-founder and CEO of BTSE, said: "Investment is of course critical as we transform into a comprehensive digital bank encompassing both fiat and cryptocurrencies, and to have achieved a $400 million valuation on the basis of recent funding attests to this vision and to the broad health of the digital currency ecosystem."
By Mary Liu
Tags: BTSE,Cryptocurrency,Cryptocurrency Exchange,Fund
Link: Crypto Exchange BTSE Completes $22 Million In Series A Funding At A $400M Valuation [Copy]
