August 19, 2024
BiFinance, a digital asset trading platform, announced that it has secured $10 million in Series A funding, led by Sunfund Fortuna Global Opportunities, with contributions from Eternal Asia Group, SDM Education, and TigerBCDAO. This round values BiFinance at $100 million.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
BiFinance | $10M | August 19, 2024 | Series A | Sunfund Fortuna Global Opportunities | Trading |
The funds will be used to bridge traditional financial assets like stocks and bonds with the Web3 ecosystem, offering asset-backed tokens (RWA/STO) for businesses. BiFinance is a cryptocurrency exchange that aims to provide users with a more straightforward and secure trading experience.
About BiFinance
BiFinance is an institutional-grade cryptocurrency trading platform that facilitates the buying and selling of various cryptocurrencies, including Bitcoin and Ethereum. The platform aims to provide a secure and user-friendly trading experience for its users. Recently, BiFinance completed a $10 million Series A funding round, which will be used to integrate traditional financial assets like stocks and bonds with the Web3 ecosystem, offering asset-backed tokens (RWA/STO) for enterprises. This funding round was led by Sunfund Fortuna Global Opportunities, with participation from Eternal Asia Group, SDM Education, and TigerBCDAO. BiFinance's valuation has now reached $100 million, reflecting its growing influence and potential in the digital asset trading space.
Website: https://www.bifinance.com/
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About Investor
This funding was led by Sunfund Fortuna Global Opportunities, with contributions from Eternal Asia Group, SDM Education, and TigerBCDAO.
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