Easy Crypto Raises $11.7M, Sets Record for New Zealand

2021-10-7 22:30

Easy Crypto believes that the success of the funding round “demonstrates increasing confidence in the role of cryptocurrency in the financial ecosystem.” 

New Zealand’s Easy Crypto has set a new record for a Series A funding round in the country.  When all was said and done, the company raised NDC $17 million ($11.7M USD). Nearly double what was expected. The most funded round by a New Zealand firm was the first time that outside investments were used by Easy Crypto. Up until now, the company, founded by siblings Janine and Alan Grainger, was funded internally. “Easy Crypto has not received angel or seed capital,” it claims in the press announcement. 

The round was led by Nuance Connected Capital and saw contributions from Pathfinder, Icehouse Ventures, Even Capital, GDP Venture, Hutt Capital, and Seven Peaks Ventures. 

Speaking on the investment by his company, Founding Partner of Nuance Capital Adrien Gheur stated that it was his belief that global crypto users will grow 80% annually over the next three years. “There is increasing global evidence of the adoption of crypto-assets & blockchain as a mainstream form of trade, payments, and exchange.”

Funds will help refine tech and increase team size

The company will be putting their newly raised funds to use with the goal to “bring blockchain technology and financial freedom to the masses much faster.” According to Easy Crypto, the funding will help to expand outwards at the same time it re-invests in the currency team. “We will also be hiring and curating talent to ensure help is always given to customers who ask.” 

The announcement adds that Easy Crypto will work towards “strengthening our roots in compliance with the regulations in any jurisdiction where we operate.” A goal that has been on the minds of many other crypto exchanges worldwide as regulations tighten.  

The crypto exchange plans to use a portion of the funds they help educate the public on how to buy, sell and trade cryptocurrencies along with other topics. “We believe that knowledge is the key to forming a deep appreciation of blockchain technology and the crypto space with all its intricacies,” the release says.  

CEO of Easy Crypto Janine Grainger added that “The caliber of institutional investors and high level of interest demonstrates increasing confidence in the role of cryptocurrency in the financial ecosystem.”

What do you think about this subject? Write to us and tell us!

The post Easy Crypto Raises $11.7M, Sets Record for New Zealand appeared first on BeInCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

EasyFi (EASY) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.02712
Капитализация $0 Rank 99999
Цена в час новости $ 5.8251 (-100%)

easy crypto new zealand record raises sets

Источник: beincrypto.com

easy crypto → Результатов: 126


Фото:

Создатель Litecoin сравнил популярность NFT с манией ICO в 2017 году

Создатель криптовалюты Litecoin Чарли Ли отметил схожесть растущей популярности рынка невзаимозаменяемых токенов (NFT) с бумом ICO 2017 года и увлечением альткоинами 2013 года. I see a lot of parallels between 2021's NFTs with 2017's ICOs and 2013's altcoins: - easy to create new ones with no barriers - simple to understand & explain - brings tons of new people into crypto - high prices & pumps create hype/FOMO - few will hold & have value, most won't — Charlie Lee [LTC⚡] (@SatoshiLite) March 2, 2021 В качестве аргументов Ли провел пять параллелей.

2021-3-4 11:08


VanEck Files for Digital Asset ETF; Giving Investors Exposure to Crypto Companies

The global investment management firm VanEck has officially filed an application to form a ‘Digital Asset ETF' through the US' Securities and Exchange Commission (SEC). The application indicates that VanEck is looking to provide its institutional investors with easy means of investing in shares of companies that derive some or most of their value from […] The post VanEck Files for Digital Asset ETF; Giving Investors Exposure to Crypto Companies first appeared on BitcoinExchangeGuide.

2021-1-22 19:34


LEAD Wallet Launches Its Super Simple Application; Even Your Grandma Would Be Able to Use It

PRESS RELEASE. Lead Wallet, a new crypto wallet application, has officially been launched on Google Play Store, and it will also launch its iOS and web version soon. This crypto wallet application is different from other existing wallet apps because it aims to be a super simple crypto app that most people would find easy […] The post LEAD Wallet Launches Its Super Simple Application; Even Your Grandma Would Be Able to Use It appeared first on Bitcoin News.

2020-12-17 20:00


Circle Secures Major Partnership With Visa to Provide Seamless USDC Payments at 60M Merchants

Payment processor VISA is improving its presence in the crypto space. The firm has partnered with Circle Internet Financial to facilitate USDC payments for select VISA users. Easy Payments for Individuals and Businesses VISA's partnership with USDC will initially start with selected users, the firm’s Head of Crypto Cuy Sheffield explained on Twitter.

2020-12-3 23:16


How Does North Korea Launder Stolen Crypto?

Every country has got some dirty laundry, and North Korea exceedingly so. The country’s security services have engineered several crypto hacks over the last few years. But how does the autocratic state with few allies turn digital assets into fungible cash? Hacking is the Easy Part In recent years, North Korea has intensified its crypto […] The post How Does North Korea Launder Stolen Crypto? appeared first on BeInCrypto.

2020-9-12 23:00


Фото:

NOWPayments Review – An Easy to Integrate Crypto Payment Gateway

NOWPayments is a custody-free cryptocurrency payment processor that simplifies the process of accepting and making crypto payments from all across the world. In this Altcoin Explorer, we deep dive into NOWPayments, a cryptocurrency payment gateway that allows merchants to seamlessly accept and make payments in cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and fiat-pegged stablecoins.

2020-8-20 18:14


VF Invest – 1st To Market Crypto Investing App For Easy Diversification In Sectors like DeFi, Gaming, & More

Crypto media outlet Visionary Financial plans to launch a first to market non-custodial, and decentralized  investment platform that will finally let investors diversify in one place. The protocol, “VF Invest” plans to revolutionize user experience, giving users the ability to diversify in individual cryptocurrencies and sector portfolios in seconds, while having complete control over their […] The post VF Invest – 1st To Market Crypto Investing App For Easy Diversification In Sectors like DeFi, Gaming, & More appeared first on NullTX.

2020-7-18 00:10


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Binance Global Expansion Continues with Move Down Under

In an address to the Binance community, Changpeng Zhao (CZ) has announced that the world’s biggest exchange will launch in New Zealand. The post Binance Global Expansion Continues with Move Down Under appeared first on BeInCrypto.