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Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

Bitcoin News LogoBitcoin News2 mo ago

Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding - Bitcoin News

Quick Summary:

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter.

Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion.

The Singapore outfit was founded in 2019 by billionaire and former Bitmain CEO Jihan Wu.


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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 19:30:57 (2 months ago)

News Timezone: GMT +8:00

Ranking: #160 (out of 1900 stories this day)

News Source URL: news.bitcoin.com

Language: English

Article Length: 285 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 1936640

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About Bitcoin News

Bitcoin News Logo

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 6 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 10 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

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The story "Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding" has 285 words across 23 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding" was covered 2 months ago by Bitcoin News, a news publisher based in Japan.

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Bitcoin News is a fully independent (privately-owned) news outlet established in 2008 that covers mostly crypto news.

The outlet is headquartered in Japan and publishes an average of 6 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #1936640
  • URL: https://beamstart.com/news/report-crypto-financial-services-firm-166940530773

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