Crypto Payments Specialist Baanx Raises $20M Funding Round
Submitted by Anonymous (not verified) on Tue, 03/05/2024 - 12:00The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.
The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.
The funding will go towards further developing the protocol and adding new hires.
The funding will go towards further developing the protocol and adding new hires.
The company said that its initial target for the funding round was $35 million.
The company said that its initial target for the funding round was $35 million.
Participants in the raise include Wintermute and Amber, in addition to other notable liquidity providers.
Participants in the raise include Wintermute and Amber, in addition to other notable liquidity providers.
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures
The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.
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