Blofin: Raises US$12M in Series A2 Funding

Blofin Raises US$12M in Series A2 Funding

  • Blofin, a Cayman Island-based crypto financial services company, raised US$12m in Series A2 financing
  • The round was led by KuCoin Eco Fund, followed by Matrix Partners, Lingfeng Capital and Fenbushi Capital
  • In March of this year, the company finished a US$10m A+ round of financing led by SIG and Matrix Partners
  • The company intends to use the funds to onboard talent to develop new products and apply for more licenses globally
  • At present, company’s current global assets under management (AUM) has reached US$150 million
  • The company obtained the US federal MSB license (the last four digits are 0143) signed by FinCEN two weeks ago
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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