KuCoin Raises Series A Round of Funding

KuCoin Raises Series A Round of Funding
PUBLISHED 2018-11-14
This post is also available in: 简体中文 (Chinese (Simplified))

Dear KuCoin Users

At KuCoin, we have always believed that one day everything will function with blockchain technology, and we are continuing to strive for this realization.

Today, we are thrilled to announce that we have closed our Series A Round of Funding, raising $20 million (USD) from IDG Capital, Matrix Partners and Neo Global Capital to bring cryptocurrency to the masses.

We will use this financing to:
• Bring KuCoin Platform 2.0 to life
• Increase customer support staff to offer concierge-level service to all traders
• Expand globally by concentrating on targeted markets
• Accelerate research to find the best of the best in blockchain projects
• Educate and train blockchain talents

We would like to thank our new partners as well as our users who have helped us grow. We will continue to spare no effort in exploring the best hidden gems in the crypto world while growing exponentially on a global scale and, more importantly, solidifying our position as “The People’s Exchange”.

For additional information, please visit: https://news.kucoin.com/en/idg-capital-matrix-partners-and-neo-global-capital-invest-20-million-usd-into-kucoin-to-bring-cryptocurrency-to-the-masses/

The KuCoin Team

Author: Thomas Connolly

Tom possesses a rich and diverse background that includes deep investing experience, senior corporate executive positions, and roles as a Regional Managing Partner and Global Industry Leader within Ernst & Young. He has advised executives on some of the largest acquisitions and dispositions in the Media and Entertainment industry, including clients such as Comcast, Citibank, Sony, Dalian Wanda and Publicis. Tom is a Certified Public Accountant with a Masters Degree from Columbia University. His skills are further accompanied by a personal passion for the study of economic trends and evolving market dynamics.

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