Coin98 Garnered $11.25M in Strategic Funding Round
The #1 non-custodial, multi-chain wallet and DeFi gateway, Coin98 Wallet share in public that the platform raises $11.25 million dollars in strategic funding round.
The company is honored and grateful to gain the support of renowned backers, including Hashed, and Spartan Group.
“The growth of DeFi in Asia has generally lagged behind the U.S. and major European markets in recent months. But, DeFi is beginning to see sizable adoption in Asia, with the public starting to open up towards DeFi in South Korea and Japan. Coin98 is at the forefront of mainstream DeFi adoption in Southeast Asia, and we believe the Coin98 team can lead the next wave of adoption, particularly in Asia.”— Joseph Young, Investment Analyst at Hashed.
Coin98 incredible investors include ParaFi Capital, IOSG Ventures, GBV Capital, Nascent, SNZ, Asymm Ventures, NGC Ventures, Vessel Capital, BTC12 Capital, Evernew Capital, AU21 Capital, Solidity Ventures, Paribus Ventures, Origin Capital, Moonwhale Ventures, K300 Ventures, Magnus Capital, Kyros Ventures, Spark Digital Capital, Black Mamba Ventures, HC Ventures, STC Capital, BTA Ventures, Basics Capital, Serum Stakers, Consensus Lab, Raptor Capital, Shima Capital, Gate Labs, Everse Capital, and others.
They also get tremendous support from CoinGecko, Avalanche, Kyber Network, TomoChain, Near Protocol, Chromia, Injective Protocol, Impossible Finance, Frontier, BlockTempo, Cryptomind, Origin Protocol, DAO Maker, Muhabbit, and others.
“Spartan Group is excited to be one of the major investors in Coin98. With over 300K users and multi-chain support, Coin98 is becoming one of the leading DeFi platforms in Asia.”—Kelvin Koh, Partner at Spartan Group.
Coin98 is building an ecosystem of protocols and applications on multiple blockchains to fulfill untapped demand in the DeFi space, making DeFi accessible to everyone anywhere in the world.
ABOUT Coin98 Wallet
Coin98 Wallet is the #1 non-custodial, multi-chain wallet and DeFi gateway, designed to seamlessly connect users to the crypto world in a safe and secure manner.
RESOURCES
Coin98 Blog
