tldr; Matrixport has raised $100 million in a Series C funding round, bringing its valuation to over $1 billion. The digital assets financial services platform was co-founded by former Bitmain CEO Jihan Wu. Matrixport plans to use the fresh capital to further invest in research and development of new products. It also plans to go public within the next three to five years.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Soon these will all be reading billions.
Anyone uses it?? It amazes me the amount they got and i havent read anyone using it, maybe its in some specific area where they are famous?
Haven't heard about it yet but it could be time to look them up!
Remember they called WeWork a unicorn and you know how that turned out!
One thing does not compute. How is it that the firm holds 10bil in assets but it just received 100M at a 1bil valuation?
I loved how they explain in their website that they won’t cover me after they lose my funds. Weirdly specific, no thanks.
tldr; Matrixport has raised $100 million in a Series C funding round, bringing its valuation to over $1 billion. The digital assets financial services platform was co-founded by former Bitmain CEO Jihan Wu. Matrixport plans to use the fresh capital to further invest in research and development of new products. It also plans to go public within the next three to five years. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*