Bitmain cofounder-backed crypto trading platform Matrixport has announced a new funding round aiming to raise as much as $140 million at a post-investment valuation of $300 million.
Singapore-based Matrixport revealed its fundraising plans to investors in recent weeks, according to people familiar with the issue, BNN Bloomberg reported on March 4. In 2019, Matrixport’s revenue reportedly accounted for $7 million to $8 million, with the company expecting to double its earnings this year.
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