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

BTC price due ‘new highs:’ Five things to know in Bitcoin this week

Published

54 minutes ago

April 20, 2026

Bitcoin saw a green weekly close despite renewed US-Iran war momentum, and a trader forecast that BTC price action would beat last week’s local highs.

Coin Market

BIS warns dollar stablecoins could strain banks and policy

Published

2 hours ago

April 20, 2026

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