Express

Crypto Asset Management Firm Crypto Finance AG Raises Over $14M To Expand Into Asia

Roland James

Summary: In a Series B financing round Crypto Finance AG, a Switzerland-based crypto asset management, trading and custody firm, was able to raise CHF 14 million ($14,485,632). According to a report from The Block, Crypto Finance AG will use the newly raised funds to expand its products and services into Asia. The Series B financing round ...

In a Series B financing round Crypto Finance AG, a Switzerland-based crypto asset management, trading and custody firm, was able to raise CHF 14 million ($14,485,632).

According to a report from The Block, Crypto Finance AG will use the newly raised funds to expand its products and services into Asia.

The Series B financing round was led by Swiss investor Rainer-Marc Frey and Asia-based Lingfeng Capital, with contributions also coming from QBN Capital and other existing and new investors.

By Roland James

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 12 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 19 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 22 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 25 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 29 days ago
  • You need to login to comment.