In Japan, it became clear that “Blockfolio”, a portfolio management application of the famous cryptocurrency, completed the procurement of 11.5 million USD (Japanese yen about 1.2 billion yen) in the latest fund raising round.
Pantera Capital , the cryptocurrency VC, will invest in leads in this Series 11 A procurement round of 11.5 million USD, among which the investments include Danhua Capital , DCM Ventures , Abstract Ventures , Nirvana Capital , famous VCs such as Path Finder In addition to Huobi and Bitmex which are exchanges are included.
Blockfolio was founded in 2014 under the backing of the anonymous cryptocurrency DASH.
Since then, it has also been featured in the App Store and Google’s Play Store, and the number of users has grown to over 4.5 million people.
In addition to supporting more than 6000 cryptocurrency issues, the application cooperates with APIs provided by more than 240 cryptocurrency exchanges, so that accurate price data etc. are updated in real time.
In addition to this announcement, the company also revealed that he met with Panthera Capital’s director Paul Veradittakit.
Ed Moncada, CEO of Blockfolio, says, “Blockfolio’s simple price tracking application would not have succeeded in raising such funding,” the company’s applications were superior to the competition I was confident that it was something.
Article Source: Blockfolio App Raises $ 11.5 Million in Pantera Capital-Led Funding Round
Author: Shota 【Coin Desk News】 – Source Post: https://crypto-times.jp/blockfolio_fundraising/
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