Matrixport is seeking $100 million at a valuation of $1.5 billion.

Matrixport is seeking $100 million at a valuation of $1.5 billion.

Altcoin news, News

Matrixport has the goal of raising $100 million and is now operating at a greater value. In addition, Matrixport Technologies Pte, which is also known as Asia’s biggest lender, recently made an announcement that it plans to raise one hundred dollars in a series C funding round at a value of one billion dollars in August of 2021.

As per the report, Matrixport has a collection of $50 million for this round, and to complete the same round Matrixport is in search of more collections. 

The head of public relations at Matrixport, Ross Gan, issued a statement in which he said that the company “routinely talks with important stakeholders, including investors,” as part of the “regular course of business.”

Even more, he went so far as to say, “We’re thrilled and look forward to participating on similar terms with participants in the second half of the investment round.” The financing pledges reflect the trust that investors have in our capacity to capitalize on new possibilities created by recent advancements in the sector.

A representative for Matrixport indicated that this began “far ago,” which is still a hard challenge for Matrixport, which has opted to fund $100 million despite the failure of the cryptocurrency exchange FTX.

Compiled by Coinbold