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KuCoin announces $150M raise to expand NFT and Web3 offerings

www.cryptopolitan.com

Leading cryptocurrency exchange KuCoin has closed its pre-Series B funding round, securing about $150 million to expand its offerings to include Web3 and non-fungible token (NFT) services. The latest investment raises the company's market valuation to $10 billion, per the announcement on Tuesday.

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Timeline of Kucoin-token


KuCoin Raises $150 Million at $10 Billion Valuation to Pioneer Exploration in Web 3.0 - Crypto Reporter

VICTORIA, Seychelles--(BUSINESS WIRE)--KuCoin, a global leading crypto exchange, announced a $150 million pre-Series B funding round, bringing its valuation to $10 billion. The round, led by Jump Crypto, saw the participation of multiple investment fun...


Crypto Exchange KuCoin Raises $150 Mln To Offer Wallets, NFT Trade - Coingape

Crypto exchange KuCoin on Tuesday said it has raised $150 million in funds in a pre-Series B financing round with investors including Jump Crypto, Circle Ventures, IDG Capital, and Matrix Partners. The latest funding brings the company's valuation to $10 billion.


Crypto exchange KuCoin reaches decacorn status in latest funding round - The Block

The latest round follows its series A in November 2018, when it raised $20 million at a $100 million valuation.  The post Crypto exchange KuCoin reaches decacorn status in latest funding round appeared first on The Block.


KuCoin Raises $150 Million At $10 Billion Valuation To Grow Presence In Web3 - Forbes

Crypto exchange KuCoin announced on Tuesday that it had raised $150 million in a funding round led by Jump Crypto, the investment arm of U.S. proprietary trading firm Jump Trading.


Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures - Bitcoin

PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain. Klein Finance is an efficient decentralized trading platform for digital assets built on KCC (Kucoin Community Chain),


X Rush will Launch its IGO on KuCoin, Listing 9,500 X Racer NFTs - Crypto news

X Rush, a casual play-to-earn (P2E) game allowing gamers to race and shoot in multiple metaverses, will have its Initial Game Offering (IGO) on KuCoin in about a week. The IGO follows a successful seed funding round led by Kucoin…


Brazil Moves Up The Adoption Curve According To KuCoin's Into The Cryptoverse Report - Bitcoinist

A report issued by the global KuCoin cryptocurrency exchange reveals that Brazilian users are adopting an increasingly positive attitude towards cryptocurrency investments. The Into The Cryptoverse report sheds light on vital metrics reflecting local sentiments on cryptocurrency adoption.


Over the Reality, a leading metaverse platform announces token listing on Kucoin and IBCO-enabled burning - NewsBTC

From 2021 till now, the metaverse concept has increasingly gained popularity and evidently has no plans of slowing down. Indeed, this popularity can be attributed to different metaverse platforms making giant strides and driving adoption.


OVR, Over the Reality native token, is now listed on KuCoin - Bitcoinist

OVER is one metaverse platform genuinely redefining the metaverse experience. This platform uses advanced augmented reality technology to create a synergy between the virtual reality space and the real world.


KuCoin Report Says 34 Million Brazilians Imvest in Crypto - Crypto Daily

A global cryptocurrency exchange, KuCoin, has released the ‘Into the Cryptoverse Report' dedicated to an analysis on the adoption of cryptocurrencies and decentralized technologies across the Brazilian market. A key takeaway from the report is that cryptocurrency adoption shall be fueled by the underbanked population, largely represented by young, rural, or low-income individuals.

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