Crypto financial services company Blofin completes $50 million Series B financing, led by KuCoin

Time：2022-03-01 Source： 1200 views Mining Copy share

On March 2, Blofin, an encrypted financial services company, completed a $50 million Series B financing, led by KuCoin, with participation from SIG and Matrix Partners.

With the new funding round, Blofin will recruit additional transactional, technical, product, operations, marketing and compliance talent. Currently, Blofin's global assets under management (AUM) have reached $300 million.

In 2021, Blofin’s transaction volume reached over $100 billion. The company will focus on improving trading infrastructure, creating new financing products and services, developing and launching its mobile application, expanding in multiple countries, and acquiring additional licenses globally.

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