KuCoin crypto exchange valuation reaches $10 billion

11.05.2022 09:16
by Nina Petrov
1 min read

KuCoin crypto exchange valuation reaches $10 billion

The estimated value of the KuCoin cryptocurrency exchange rose to $10 billion after a $150 million investment round. As part of the investment round, the exchange attracted investments from Jump Crypto, Circle Ventures, IDG Capital, and Matrix Partners.

Crypto exchange KuCoin plans to spend funds to improve the performance of the trading system, support global regulation efforts. KuCoin also plans to improve security and risk management systems.

Author

  • Nina Petrov is a theoretical mathematician, passionate about new trends in the global economy and blockchain technology. She is a devoted content creator and editor, crypto-enthusiast and stock market analyst.

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