Company | Wintermute |
Fund Raised | $20 Million |
Investor | Pantera Capital, Lightspeed Venture Partners |
Co-Founder/CEO | Evgeny Gaevoy |
Website | https://uk.linkedin.com/company/wintermute-trading |
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.