Digital asset exchange Blocktrade concludes $25M investment round

Cointelegraph

Published Aug 09, 2021 06:00PM ET

Updated Aug 10, 2021 07:40PM ET

Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds.

Private investors across 33 countries participated in the $25.8 million, or 22 million euros, Series A round, Blocktrade announced early Tuesday in Europe. The investors were not disclosed.

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