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Published 1 year ago

Jihan Wu's Crypto Lender Matrixport Looks to Raise $100M at $1.5B Valuation

Summary by Ground News
Matrixport, the cryptocurrency firm founded by Bitmain co-founder Wu Jihan, is in the process of raising $100 million. Lead investors have already committed $50 million for Matrixport's new funding round at a $1.5 billion valuation. The deal has yet to be finalized as Matrixport is still looking for investors for the other half of the round.

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