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$1.5 billion, $50 Million, 100 million, capital raises, Buyers, Jihan Wu, Jihan Wu Matrixport, Market Cap, Matrixport, Matrixport capital increase, Ross Gan, Collection C, Valuations
Crypto agency Matrixport Applied sciences is reportedly in search of $100 million in funding, in line with folks aware of the matter. Sources detailed that the corporate already secured commitments from buyers for roughly $50 million, which might give Matrixport a post-valuation of $1.5 billion.
The digital asset agency and crypto lender Matrixport is focusing on $100 million from strategic buyers, in line with a narrative first reported by Bloomberg. The Singapore outfit was based in 2019 by billionaire and former Bitmain CEO Jihan Wu. The monetary companies firm’s operations embrace crypto earn packages, lending merchandise, and Ethereum 2.0 staking companies.
Bloomberg’s sources say Matrixport has already gathered “commitments from lead buyers for $50 million.” The report notes that Tiger International and Dragonfly are a few of Matrixport’s dedicated backers. With a $50 million capital increase, Matrixport’s total valuation might bounce to $1.5 billion.
Matrixport confirmed the corporate was partaking with buyers and shared Bloomberg’s report on Twitter. “We’re excited and sit up for partaking with members, on related phrases, within the different half of the funding spherical,” Matrixport tweeted. “Recognize the belief and confidence our buyers proceed to have in Workforce Matrixport.”
The corporate raised $100 million in August 2021 in a Collection C fundraising spherical and it turned a unicorn firm valued at $1 billion on the time. The spherical was led by DST International, C Ventures, and K3 Ventures. So far as the brand new funding is worried, Matrixport’s public relations lead Ross Gan mentioned “Matrixport routinely engages with key stakeholders as a part of its regular course of enterprise.”
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