SG’s crypto startup Matrixport hits unicorn status after raising $100m

SG’s crypto startup Matrixport hits unicorn status after raising $100m

Photographer: Chris Ratcliffe/Bloomberg

Matrixport, the Singapore-headquartered crypto-finance venture founded by Bitmain Technologies Ltd’s billionaire chief Wu Jihan, becomes the latest startup to join the unicorn club after raising $100 million in a funding round that valued the company at over $1 billion.

In a statement, the startup said its Series C funding round was led by partners of DST Global, C Ventures, and K3 Ventures. It was also participated by Qiming Ventures Partners and existing backers, including IDG Capital and Dragonfly Capital.

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