In Brief:
- CoinList has raised $100M in Series A funding and is now valued at $1.5 billion.
- The Funding round is co-led by early CoinList backer Accomplice, alongside Agman.
- The company focused on fast-growing regions in Asia, Europe and the Middle East
A trading app for new digital assets, CoinList has raised $100M in Series A funding round, bringing valuation to $1.5 billion.
According to the announcement, the round was co-led by early CoinList backer Accomplice, alongside Agman. Various investors who participated in the funding round include Alphemy Capital, CMT Digital, Fenbushi Capital, Metaplanent, Rising Tide Fund, and many more.
The funds utilized “to scale company services and operations, better support our global community of early adopters, launch new products like CoinList Karma and CoinList Governance that boost protocol participation, and continue to find the best new project in crypto and help them to succeed.”
DFG Capital Management, Continue Capital, Golden Tree Asset Management, Fenbushi Capital, Hashkey Capital, Perpetual Value Partners, Hack VC also joined a $100M funding round.
The CoinList CEO, Graham Jenkin said “In this round, we highly focused on deepening relationships with our existing community rather than signing new venture capital. The company focused on fast-growing regions in Asia, Europe, and the Middle East.”
The monthly trading volume of the company has increased to $1 billion in 2021 and has received over $130M in staking awards. For its lending services, the company said it has facilitated over $370M in loans this year.
