Press Releases
 
Coinsuper Closed Pre-Series B Equity Financing

HONG KONG, 9 January 2019 -- (ACN Newswire) -- Coinsuper Fintech ("Coinsuper" or "Company"), the Hong Kong based cryptocurrency exchange, announces the completion of its Pre-Series B equity financing. This latest round was led by London based investor, Unbound and joined by Silicon Valley based investor, Fin Venture Capital. Existing investors, Sky9 Capital and West World, also participated. Together with the previous equity series A financing in June 2018, Coinsuper is backed by top tier investors and global strategic partners, which allows the Company to propel its vision to connect traditional financial markets with the evolving crypto landscape.

"The triumphant fundraising is a proof of investors' interest and confidence in our vision to provide an institutional grade platform and ecosystem to our customers," said Karen Chen, Co-founder and Chairman of Coinsuper. "We believe it's a good time to build a strong foundation, and we're delighted to have new investors and receive further endorsement from existing shareholders which will enable us to grow and demonstrate the full potential of the company, and to move into the next regulatory era."

The funding will enable the virtual asset trading platform to extend its ecosystem to serve Professional Investors covering fiat to crypto and crypto to crypto trading, clearing, settlement, custodial, and block trade services.

Shravin Mittal, founder of Unbound, said: "We are excited to partner with Coinsuper as a long-term investor. We believe the cryptocurrency ecosystem has enormous potential and are excited about the long-term vision of the company."

Ron Cao, Founder and Partner, added: "We believe in Coinsuper's top-tier team and their vision of bringing blockchain to the world using world-class operations, compliance and security standards. Sky9 is excited to be part of their on-going journey."

Logan Allin, the General Partner at Fin VC also remarked: "We are delighted to join this round and work with outstanding entrepreneurs building enterprise blockchain technology to address to the growing needs in digital asset management. We believe the company is well positioned to be one of the top global platforms in the space and are excited for the journey ahead."

About Coinsuper
Hong Kong-based Coinsuper launched its trading platform in Feb 2018. It is the top virtual asset trading platform opeartor led by former top-notched financial industry veterans and digital asset evangelists. The established background has well proven to provide industry know-how to combine the traditional financial market with the crypto landscape. Coinsuper leverages their network to bring financial institutions, professional investors and alliance partners to accelerate the path towards the crypto market. We are also well trusted by our strategic partners and investors including Pantera, ChinaEquity, Ausvic, 8 Decimal, New Focus Auto, Cash Financials, Sky9, Guosheng International, Chunda and Juntong, among others.

"Coinsuper Club" was formed together with 16 leading virtual asset and blockchain institutions. The members of Coinsuper Club will leverage their profound backgrounds in the capital market in concerted efforts with Coinsuper to craft a closed loop of shared interest and multilateral benefits for all investors, project issuers and CEN investors with focuses on compliant development, listing resources, investment and financing, among other key pillars.

About Unbound
Unbound, a global investment firm headquartered in London, provides long-term capital to disruptive technology companies. Its portfolio includes Databricks, mPharma & Omni:us amongst others. Unbound was founded by Shravin Bharti Mittal, who is also a Director of Bharti Global Ltd (Bharti family office). Bharti Global has investments in telecommunications, technology, energy and hospitality.

About Fin Venture Capital
Fin VC is a globally focused venture capital firm, headquartered in Silicon Valley, focused on investing in and supporting early stage FinTech companies. Since its inception, Fin VC has backed many companies with strong global growth including SoFi, Figure, Tradeshift, Onfido, DRIAV, and Aiera.

About Sky9 Capital
Sky9 Capital is a leading venture capital firm focused on investing in early-stage opportunities in internet, enterprise and deep-tech sectors in China. The firm invests with a systematic, analytical and conviction-based approach backing China's most promising next-generation entrepreneurs. The partners of Sky9 Capital have historically led or participated in the early-stage investments in many of China's leading technology companies, including eBroker, FaceU/Toutiao, FangDD, Innolight, ManBang Group, Meituan/Dianping, PinDuoDuo, PPDai, QingCloud, Rong360, Tujia, ZhaoYou, and more.

For media enquiries, please contact:
For Coinsuper
Ms. Yolanda Zhong
Tel: +852 3796 3802
e-mail:

# # #


Submitted by ACN Newswire, ACN Newswire on Wednesday, 9 January 2019 at 8:21 AM
Category: Enterprise Technology
 
Related News

Online Loans in Indonesia Present an MSME Business Capital Solution
Monday, 18 Mar 2019

High Powerful Cryptocurrency Miners Released
Saturday, 16 Mar 2019

Hire A Cleaner for House Cleaning With i'llTip App In Minutes
Friday, 15 Mar 2019

It's Official: You Can Now Enjoy EOS DApps on Infinito App Square
Friday, 15 Mar 2019

OnMiners Mining Rigs Offering Market's Fastest ROI
Thursday, 14 Mar 2019

Related Events

Applied Data Analytics Upstream 2019
Monday, 18 Mar 2019

Palo Alto Networks: Cybersecurity Forum 2019 (Singapore)
Wednesday, 20 Mar 2019

Palo Alto Networks: UTD NGFW, 22 March 2019, Bangalore
Friday, 22 Mar 2019

Asia’s Air Quality Show – Suntec, Singapore, 27-28 March 2019
Wednesday, 27 Mar 2019

Asia’s Weather Show – Suntec, Singapore, 27-28 March 2019
Wednesday, 27 Mar 2019

Latest News

Bleeding Disorder Treatment Market Trends Shows a Rapid Growth by 2025
Tuesday, 19 Mar 2019

The Advantages of Getting a Virtual Phone Number for the Organization
Tuesday, 19 Mar 2019

Fibromyalgia Treatment Market Will Generate New Growth Opportunities By 2027
Tuesday, 19 Mar 2019

Cell Free Protein Expression Market Size, Status and Forecast to 2026
Monday, 18 Mar 2019

Heart Attack Diagnostics Market to Observe Significant Growth during 2016-2024
Monday, 18 Mar 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Tuesday, 19 March 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • COMEX - IT Telecom And Technology Show 2019
  • Principles of Pain Management and Palliative Care 2019
  • The 29th International Pediatric Association (IPA) Congress 2019
  • 21st Annual Superbugs & Superdrugs Conference
  • 2nd Adaptive Clinical Trials Symposium

  • Latest Jobs
    Sorry, there are currently no entries posted here.