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Categories Raises $ 300 Million With A Valuation Of $ 5.2 Billion cryptocurrency exchange raised $ 300 million in a Series C funding round, which resulted in a valuation of $ 5.2 billion.

The round was led by investment firms DST Global, Lightspeed Venture Partners and VY Capital. The funds raised are planned to be spent on the creation of new products.

“I am incredibly proud of the team and am optimistic about the future of, our products and our brand,” said CEO Peter Smith.

According to him, products are used by over 31 million users in over 200 countries. Over the past 12 months, their number has tripled.

As a reminder, in February raised $ 120 million from Moore Strategic Ventures, Google Ventures, Lightspeed Venture Partners and others.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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