KuCoin to launch DeFi products in 2022 with fresh $150M raise

Cointelegraph

Published May 10, 2022 10:27AM ET

Updated May 11, 2022 12:20PM ET

The global cryptocurrency exchange KuCoin aims to go beyond centralized trading services and focus on Web3 with new funding backed by firms like Circle Ventures.

The KuCoin cryptocurrency exchange officially announced on May 10 a $150 million pre-Series B funding round, bringing the company’s valuation to $10 billion.

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