CoinList, one of the most recognizable exchanges and ICO platforms in the crypto money industry, has officially reached unicorn status with its latest investment.
Known especially for the cryptocurrencies it launched and its sales, CoinList raised $100 million in funding and increased its total valuation up to $1.5 billion.
In the statement made by CoinList, it was emphasized that with this funding, the business will be expanded and the employee resource will be increased. The company received this funding from Accomplice and Angman, as well as companies like Fenbushi Capital, DFG, CMT Digital, and FBG Capital.
Record Interest from Turkey
CoinList’s user base has increased 42 times compared to last year. The leader of this increase was definitely Turkey.
According to the information conveyed, there was an 81-fold increase in Turkey-based user accounts compared to last year. This is followed by Russia with a 44-fold increase, followed by Japan with a 36-fold increase, and the UK with a 24-fold increase.
📣 We’re thrilled to announce our $100M Series A at a $1.5B valuation to fuel global expansion and advancement of crypto.
The round was led by @Accomplices and Agman, with strong participation from our community of regional partners and active users.https://t.co/sPafvmRuKX
— CoinList (@CoinList) October 26, 2021
It is known that the CoinList cryptocurrency exchange has left its mark on the industry with each sale it has made recently. CoinList, which has also carried out pre-sales of cryptocurrencies such as Solana (SOL) and Flow (FLOW), has in fact signed some of the most successful projects in the industry.
CEO of CoinList Graham Jenkin In his statement on the subject, he stated that unlike other financial platforms, they do not want to establish a bank or brokerage system, but only aim to help those who want to take the crypto money industry forward.