Crypto Lender Seeks $1.5 Billion Funding Value Despite FTX Chaos

Nov 25,2022
KingData News: Matrixport Technologies Pte, one of Asia’s biggest crypto lenders, is targeting $100 million in funding at a higher valuation, even as the fall of FTX reverberates across the digital asset market. The Singapore outfit has commitments from lead investors for $50 million at a valuation of $1.5 billion in the round, up from $1 billion a year earlier, according to people familiar with the matter. The deal has yet to be finalized and the company is still seeking investors for the other half of the round.
KingData platform is exposed to a lot of quality contents every day. This indicator aims to gather and extract the most valuable data from these contents, and broadcast them here. (Do your own research. It's not a financial advice.)
204,527Follow
486,801

Recommend

More