The round is said to be in the region of “millions of dollars,” per the company release.
CoinNess offers trade information and real-time price index with insight on anything related to crypto/block chain. The platform also helps connect crypto investors to exchanges and asset management institutions.
“We never intend to construct a whole industry chain on our own, but rather we value the role as a connector, a user-centric connector,” said Peter TAN, CEO, CoinNess.
Established in August 2017, CoinNess started off as a Chinese version platform named bishijie.com providing crypto/blockchain news. By March 2018, the company launched a Korean language platform, followed by an English language version three months later.
The company currently claims a user base of over three million from 150 countries, predominantly from South Korea. In 2019, the company intends to tap a broader market, mainly the English-speaking customers.
Prior to raising the latest investment, CoinNess raised an undisclosed investment from Huobi, ZhenFund, Freesfund and ShunWei.