Crypto firm Liquid closes funding round, is valued at "over $1B"

posted 7 months ago
Crypto trading platform, which is owned by Japanese cryptocurrency exchange Quoine, has been backed by Bitmain and IDG Capital in a funding round, making its valuation “over $1 billion” which makes it “one of only two tech unicorns in Japan’s startup space.”

The funds will be put toward global expansion and product development, and to support a move into the security token market. CEO Mike Kayamori said “Our vision is to make financial services accessible to all, which means bringing more people into the digital asset space so that anyone can be a part of it.” Bitmain co-founder Jihan Wu said: “Japan is one of the leading nations in putting crypto industry under proper regulations, and Liquid Group has proven itself to be the exemplary player within such compliant rules.”
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