At a higher valuation, Matrixport aims to raise $100 million. Furthermore, Matrixport Technologies Pte, also recognized as Asia’s largest lender, has announced to raise $100 at a valuation of $1 billion in a series C for financial support in August 2021.
As per the report, Matrixport has a collection of $50 million for this round, and to complete the same round Matrixport is in search of more collections.
Ross Gan, head of public relation made a statement “Matrixport routinely engages with key stakeholders, including investors, as part of its normal course of business,”
He even said “We’re excited and look forward to engaging on similar terms with participants in the other half of the funding round. The funding commitments represent the confidence in our ability to capture new opportunities with recent industry developments.”
This started “long before”, stated a spokesperson of Mtrixport, still a challenging task for Matrixport, which has decided to raise $100 million despite the collapse of crypto exchange FTX.
Also read: Matrixport becomes the New Crypto Unicorn With a $1 Billion Valuation
