Category: Bitso

Latam Based Exchange Bitso Gets Unicorn Status After $250 Million Funding Round

Bitso, one of the biggest cryptocurrency exchanges in Latam, has reached unicorn status after a funding round that managed to raise $250 million with the participation of some big names in the cryptocurrency world. The company announced it would use these resources to expand its operations and keep growing in its core markets, including remittances. […]

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Tiger Global and Coatue back Bitso in $250 million Series C

Crypto exchange Bitso has wrapped up a $250 million Series C fundraising round, joining the roster of newly minted crypto unicorns. Investment legends Tiger Global and Coatue Management co-led the round, which finished just a few months after Bitso announced its Series B. Bitso joins a fast-growing list of new crypto unicorns—including Paxos, BlockFi, and […]

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Crypto exchange Bitso opens door to futures and options products with derivatives platform acquisition

Bitso has acquired Quedex, a Europe-based derivatives trading platform, the crypto services company announced Thursday. With the Quedex deal, one of the Latin American region’s most prominent crypto firms has moved to add significant technological heft to its toolkit as well as the ability to offer new kinds of products, according to CEO Daniel Vogel. […]

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Crypto exchange Bitso raises $62 million as it eyes expansion in Brazil

Crypto exchange Bitso raises $62 million as it eyes expansion in Brazil

One of the most prominent crypto players in Latin American has raised $62 million to help fuel its expansion in the region.  In a press release shared with The Block, Mexico-based Bitso said that it closed a $62 million Series B round, led by QED Investors and Kaszek Ventures. The round also included participation from […]

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Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange

Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange

The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets.The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create and deploy debt securities, funds, and equities as ‘smart […]

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An analysis of cryptocurrency exchange growth in niche markets

An analysis of cryptocurrency exchange growth in niche markets

Quick Take High entry barrier and high growth markets in Latin America, Africa and Asia could be the next big contributors to global cryptocurrency exchange growth. Many of the featured exchanges act as a first ever touching point with modern financial applications for a large part of currently still unbanked populations. This research piece is […]

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Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations

Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations

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