BTC Direct Raises $13 Million in Series A Funding; Bringing New Life to the Crypto Broker

2020-10-21 00:11

BTC Direct, a Netherland-based fiat-to-crypto gateway platform, has raised around $13 Million in a Series A funding round. The funding round has brought in a new lease of life for the startup, which has been funded and run by its founders. The lead investors of the Series A remain undisclosed.

Toon Schraven, head of marketing and communications at BTC Direct, revealed that the Series A funding round was backed by a European investment group and several other private investors. The platform revealed that it would utilize the new funds to expand its workforce and expand its services and develop new products. The firm would also utilize a portion of the fund for broadening its marketing efforts.

The fiat-to-crypto gateway was launched in 2013 as a crypto brokerage service, which later started to offer fiat-to-crypto on-ramp to crypto exchange wallets service providers. Apart from the brokerage and gateway services, BTC Direct also runs a crypto trading app known as BLOX and a private trading desk and hardware wallet service.

Mike Hutting, the CEO of BTC Direct, commented on Series A to find raise and said that the funding round would surely boost their morals and services. They are planning to utilize these funds to make their platform more user-friendly and develop new products. He said,

“Continuous focus is being spent on product development and broadening our marketing efforts.”

The post BTC Direct Raises Million in Series A Funding; Bringing New Life to the Crypto Broker first appeared on BitcoinExchangeGuide.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69663.89 (+0.02%)
Объем 24H $14.159b
Изменеия 24h: 0.68 %, 7d: 2.06 %
Cегодня L: $69466.47 - H: $69733.94
Капитализация $1373.092b Rank 1
Цена в час новости $ 12212.5 (470.43%)

funding million life direct round new btc

Источник: bitcoinexchangeguide.com

funding million → Результатов: 126


Credly Digital Credentials Blockchain Company Gets Over $11 Million in Funding, $18 Million in All

Series A Funding Round for Credly Brings in $11.1 Million Startups often get involved with funding rounds in an effort to bring in capital for the costs associated with developing their exchange. A recent Series A funding round, which was led by Zoma Capital and Strada Education Network, brought in $11.1 million for a new […]

2019-4-29 15:49


Фото:

Axoni Closes $32 Million Funding Round Led By Goldman Sachs

New York-based provider of enterprise blockchain technology Axoni has completed a $32 million Series B funding round, bringing total funding up to date to upwards of $55 million. Axoni Boosted By Lucrative Partnerships Axoni, a New York-based company specializing in the delivery of distributed ledger infrastructure to many of the world’s leading financial institutions, announced the successful completion of a $32 million funding round today.

2018-8-15 00:00


Фото:

Блокчейн-стартап Axoni привлек $32 млн от Goldman Sachs и JP Morgan

Нью-йоркский блокчейн-стартап Axoni закрыл очередной этап финансирования на сумму $32 млн. Список инвесторов возглавили Goldman Sachs и Nyca Partners. Axoni Announces $32 Million Series B Funding Led By Goldman Sachs and Nyca Partners https://t.

2018-8-14 18:53


Goldman Sachs и JPMorgan инвестировали $32 млн в блокчейн-стартап Axoni

Ориентированный на корпоративный сектор блокчейн-стартап Axoni привлек $32 млн в ходе раунда финансирования серии B, возглавляемого Goldman Sachs и Nyca Partners. Axoni Announces $32 Million Series B Funding Led By Goldman Sachs and Nyca Partners https://t.

2018-8-14 18:22


Фото:

This Silicon Valley Supports Blockchain Organization and Wants to Develop into the Wikipedia of Goods

DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. DIRT is looking to create a protocol for crowdsourcing information using the Ethereum blockchain to organize the world’s data and make it freely accessible to everyone. If the data is incorrect, anyone

2018-7-21 22:45


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

StarkWare Proposes to Deploy Aave on its ZK-Rollup L2 StarkNet

A new proposal has been submitted to Aave’s governance forum that calls for deploying the DeFi lending protocol to StarkNet, StarkWare’s permissionless and decentralized ZK-Rollup. Yael Doweck, product manager at StarkWare, submitted the proposal to onboard the protocol on behalf of StarkNet creator, much like MakerDAO has on its L2.

Brazil’s Stock Exchange Planning to Offer Crypto Services Next Year

B3, Brazil’s stock exchange, is the latest institution planning to join the cryptocurrency scene next year. The San Pablo-based exchange is exploring digital asset custody and crypto-as-a-service (CaaS) segments, reported InfoMoney, citing a presentation from B3 President Gilson Finkelsztain made last week.