Cryptocurrency exchange Coinlist announced that it has raised $100 million in its latest investment round, reaching a valuation of $1.5 billion.
Popular cryptocurrency trading platform Coinlist has managed to raise $100 million in its Series A investment round, reaching a valuation of $1.5 billion.
Founded in San Francisco in 2017, CoinList’s investment tour was jointly managed by companies such as Accomplice VC and Agman Partners, Alphemy Capital, Taavet+Sten, Continue Capital, CMT Digital, DFG Capital Management, Fenbushi Capital, GoldenTree Asset Management, and Metaplanet. As part of the investment round, Agman founder and CEO Scott Silverman has also joined CoinList’s board of directors as part of the deal.
Making statements after the end of the Series A investment round, CoinList CEO Graham Jenkin stated that the company currently has 75 active employees and they want to double the number of employees in the next 1 year. CoinList currently has more than 5 million users, including users on CoinList Pro, the platform that provides custody and staking services.