Digital payment ecosystem MobileCoin raises $66M

Cointelegraph

Published Aug 18, 2021 11:49AM ET

Updated Aug 18, 2021 01:20PM ET

MobileCoin, a crypto-focused digital payment ecosystem, announced Wednesday that it has concluded a $66 million funding round as part of a wider effort to bring more of its products and services to market.

The Series B had participation from several leading venture funds from within the blockchain and cryptocurrency industry, including Alameda Research, BlockTower Capital and Coinbase (NASDAQ:COIN) Ventures. Berggruen Holdings, General Catalyst, Vy Capital and TIME Ventures also participated. Several entrepreneurs and investors also contributed to the funding round.

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