Tag: KuCoin

Crypto exchange KuCoin has announced its investment from trading firm Susquehanna International Group (SIG) of around $10 million, with plans to collaborate in blockchain startup incubation and KCS & KCC ecosystem building.  According to a press release by KuCoin, it will use the funds to upgrade platform infrastructure and enrich the product lineup, preparing for…

Crypto exchange KuCoin released its ‘Into The Cryptoverse’ report exploring the penetration and adoption of digital currencies in Saudi Arabia. Among others, the survey revealed that about 14% of adult Saudis become crypto investors, while another 17% are likely to invest in crypto over the next six months. Conducted by KuCoin as of May 2022,…

KuCoin, a global crypto exchange, announced a $150 million pre-Series B funding round, bringing its valuation to $10 billion. Led by Jump Crypto, the round saw the participation of multiple investment funds, including Circle Ventures, IDG Capital, and Matrix Partners. The exchange wants to use funds to further expand its Web3 ecosystem. According to Johnny…