Easy Crypto Obtains 140 Billion Funding from GDP Venture and Other Investors
It is a crypto asset marketplace from New Zealand; soon to expand to the Indonesian market
New Zealand based crypto marketplace platform Easy Crypto announced a series A funding round worth of $12 million or 170 billion Rupiah, led by Nuance Connected Capital involving venture firm GDP Venture that belongs to Djarum Group.
Also, a series of other foreign investors participated in this funding, including pension fund managers Pathfinder KiwiSaver, Icehouse Ventures, Even Capital, Hutt Capital, and Seven Peaks Ventures.
In the official statement, Easy Crypto's Co-founder & CEO, Janine Grainger said she was targeting the Indonesian and Southeast Asian markets for their next business expansion. This is in line with the involvement of institutional investors believe in the role of crypto assets in the financial ecosystem.
"This capital is an important milestone for Easy Crypto and the future of blockchain in the world. The rising interest in crypto investing is a support for Easy Crypto's growth on a global scale," Grainger said.
He claimed, this investment is the largest first round funding the company has ever secured in New Zealand. Prior to this, Easy Crypto had never received investment from angel investors or other investors in the seed stage.
Easy Crypto allows users to trade more than 150 crypto assets. The platform was founded by brothers Janine and Alan Grainger in 2018. To date, Easy Crypto has posted sales of over $750 million with a fivefold increase in the number of users over the past year.
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