in completes $300M Series C led by DST Global Partners, VY Capital and Lightspeed » CryptoNinjas completes $300M Series C led by DST Global Partners, VY Capital and Lightspeed

The team of, a crypto wallet & exchange company, today reported that the company has raised its Series C, securing $300 million in funding at a $5.2B post-money valuation.

The funding was led by partners of DST Global, Lightspeed Venture Partners, and VY Capital, with participation from other existing and leading investors from around the world.

“Since 2011, the team has been heads down, relentlessly focused on building a company at the intersection of cryptocurrency, institutions, and (most importantly) people around the world. We continue to be honored by the trust our consumer and institutional clients put in us each day. Over 31M verified users in over 200 countries use our products, and we’ve seen a 3x increase in active users over the past 12 months alone. With one of the most significant balance sheets in the industry, we plan to aggressively expand the products we offer our customers, grow our global team, and pursue M&A opportunities to bring exciting new products and ideas into the company.”
– The Team

This round follows a $120M strategic growth round that announced a month ago.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

What do you think?

Ethereum Price

TA: Ethereum Retreats From $1,850, Why ETH Remains Attractive Near $1,750

Polkadot Price Analysis

DOT recovery becomes an uphill battle while overhead pressure mounts