Category: $150 million

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Coinbase Launches $150 Million Corporate Bond Buyback Program- Crypto Bull Market Back?

August 9, 2023

United States’ largest digital asset exchange Coinbase has announced plans to buy back a portion of its corporate $1 billion debt. The repurchase plan will see the company buy up to $150 million of its bond which is expected to mature 2031 following positive earnings in the second quarter of the year amid regulatory pressure…
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Cryptocurrency Exchange Kucoin Raises $150 Million in Pre-Series B Funding Round, Reaches $10 Billion Valuation

May 11, 2022

Kucoin, a Seychelles-based cryptocurrency exchange, has announced it has raised $150 million in a pre-Series B funding round. The negotiation, which was led by Jump Crypto with the participation of other investors including Circle Ventures, IDG Capital, and Matrix Partners, has conferred the exchange a valuation of $10 billion. The exchange will use these funds…
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