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

Trump says Iran peace deal to be signed Sunday, contradicting Tehran

Published

4 hours ago

June 14, 2026

Crypto analyst Michaël van de Poppe said a peace deal, which would reopen the Strait of Hormuz, would likely send liquidity back to risk-on assets such as cryptocurrencies.

Coin Market

Amazon warning triggered US crackdown on Anthropic AI models: Reports

Published

6 hours ago

June 14, 2026

Calls from Amazon CEO Andy Jassy and other tech firms prompted the Trump administration to suspend foreign access to Anthropic’s Fable 5 and Mythos 5 AI models on Friday.

Coin Market

Anthropic’s Mythos AI finds no more ‘serious’ bugs in Zcash: Wilcox

Published

19 hours ago

June 13, 2026

Zcash founder Zooko Wilcox said Anthropic’s Mythos AI model found no further “serious bugs” in the privacy protocol following the patching of a previously discovered forgery bug.