In Brief:
- Various participants include in rounds like Alameda Research, Berggruen, Coinbase Venture much more.
- Today MobileCoin is available on FTX, Bitfinex, BigOne and HotBit exchange.
MobileCoin (MOB) is a privacy-focused and mobile-first cryptocurrency project, has raised $66M in Series B Funding Round.
According to the news release, the Round included various participants like Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, General Catalyst, others.
Mobilecoin intends to use Series B Funding to future develop Mobilecoin’s products, including MOBot. MOBot is the first cryptocurrency chatbot payment system. The company’s Merchant services build-up, and rollout of its initial Stablecoin, whose value is constant with the U.S dollar.
The additional participants in the round include Suzy Ryoo, Troy Carter & J. Erving, Rodney “Darkchild” Jerkins, Brent Faiyaz, 10x capital, etc.
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MobileCoin is a cryptocurrency project that strives to give users fast and private crypto transactions. The cryptocurrency is also available to buy/sell on non-U.S trading platforms like BigOne, HotBit, Bitfinex.
MobileCoin is a mission-founded company, focused on democratizing privacy for all. It also aims to build the future of digital payment in an accessible and feasible way. The company uses a network consensus model (Federated Byzantine Agreement) that requires near-zero energy to run.