|Fund Raised||$20 Million|
|Investor||Pantera Capital, Lightspeed Venture Partners|
|Valuation||£6.5b on EBITDA of £561.2m|
Wintermute 20M Series Venture PartnersallisonCoinDesk
Wintermute, London-based crypto exchange platform bags $20 million in series B to make digital space more accessible. The round was led by Pantera Capital, Lightspeed Venture Partners. They joined the board of directors with ex-investors.
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CEO Evgeny told JaneMBA we are going to invest the amount in the Asian market and soon open a headquarter in Singapore. Our next move is derivative business, in which one can easily quote a counteroffer to the seller. Soon the RFQ feature will add to the dashboard of the app.
Moreover, after the losses we still hold a strong position in the market, CTO and CFO added.