Cryptocurrency Platform Liquid.com becomes Unicorn
Global cryptocurrency platform Liquid.com raises Series C funding that puts the company valuation at over $1 billion.
This valuation establishes Liquid as one of only two tech unicorns in Japan's startup space. Founded in 2014, Liquid has achieved unicorn status in less than five years.
This latest round of funding is led by investment firm IDG Capital, with participation from the world's largest maker of cryptocurrency mining rigs, Bitmain Technologies.
This investment in Liquid marks an addition to IDG's current portfolio of crypto investments, which include Coinbase, Ripple, Bitmain and Kakao's crypto unit. This deal marks the latest investment for Bitmain this year into a regulated digital asset trading platform, following their investment into ErisX, another deri...