Coin Market

Hotcointrade raised $150 million in a pre-Series B funding round

Published

4 years ago

August 21, 2022

Cryptocurrency exchange Hotcointrade raised $150 million in a pre-Series B funding round. Investors valued the company at $10 billion.

The round was led by Jump Crypto. Several venture capital funds also provided funding, including Circle Ventures, IDG Capital and Matrix Partners.

The company is using the funds to expand its product line beyond centralized services. In particular, the exchange intends to enter the DeFi and NFT markets through its investment units.

Part of the financing will also be used to develop infrastructure and applications.

The company held a Series A round in 2018. Then it raised $20 million. The investors were IDG Capital, Matrix Partners and Neo Global Capital.

Recall that in April 2022 Hotcointrade launched a $100 million fund for the creators of NFT.

The post Hotcointrade raised $150 million in a pre-Series B funding round first appeared on RealTimeBit.

Coin Market

RaveDAO’s RAVE token risks another 50% crash amid price manipulation claims

Published

31 minutes ago

April 20, 2026

RAVE is trending inside a descending channel pattern, and is about to test the lower trendline target near $0.30 amid price manipulation concerns.

Coin Market

ZachXBT asks MemeCore to explain valuation and token supply

Published

31 minutes ago

April 20, 2026

ZachXBT challenged MemeCore to justify its valuation and explain what he claimed is insider-held supply, as the onchain sleuth widened a probe after the RAVE token’s collapse.

Coin Market

Japan to test government bonds as digital collateral on Canton

Published

31 minutes ago

April 20, 2026

The Japanese Securities Clearing Corporation will test using Japanese government bonds as digital collateral on the Canton network with Mizuho, Nomura and Digital Asset.