Crypto listing platform CoinList has concluded a $100 million Series A fundraiser to fuel its global business expansion, bringing its total valuation to a whopping $1.5 billion.
The cash injection will help CoinList scale its business operations, support its community of early adopters and launch new product offerings, the company announced Tuesday. The fundraiser was co-led by venture funds Accomplice and Agman, with additional participation from Fenbushi Capital, DFG, CMT Digital, FBG Capital and others.
CoinList has seen its user base grow by 42 times over the past year, highlighting the massive adoption of cryptocurrency adoption worldwide. The platform is designed to help investors gain access to new token projects before they’re listed
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