Singapore-based crypto unicorn Matrixport has already received investor commitments for $50 million at a valuation of $1.5 billion in a new funding round.
According to the company, the new round is part of Matrixport’s usual funding agenda. “Matrixport routinely engages with key stakeholders as part of its normal course of business, including investors keen to participate and enable our vision as a digital assets financial services provider,” the firm’s public relations head Ross Gan said.
The fundraise was led by major global venture capital firms, including DST Global, C Ventures and K3 Ventures. Other contributors in the round included major industry investors like Tiger Global, Qiming Venture Partners, CE Innovation Capital, A&T Capital, alongside existing investors like Polychain, Dragonfly Capital, Lightspeed, IDG Capital and others.
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