Crypto processing company BCB Group has raised investments of $60 million
The investment round has become one of the largest in the industry, the company said
26.01.2022 - 09:05
202
1 min
0
What’s new? BCB Group, a UK-based crypto processing company, has announced the successful completion of its Series A funding round. The total amount of funds raised was $60 million.
BCB Group is delighted to announce today that it has closed a Series A funding round co-led by @FoundationCap. This is the largest Series A funding round for a company in the blockchain industry in the UK. Find out more: https://t.co/0rE9Wr2ORJ pic.twitter.com/UzDl8JKuas— BCB Group (@BCBcrypto) January 25, 2022
“We are delighted to announce that we have closed a Series A funding round, led by Foundation Capital. This is one of the largest rounds in the UK blockchain industry.”
Who participated? In addition to Foundation Capital, investments in BCB Group were made by Pantera, Nexo, Rockaway Blockchain Fund, L1 Digital, Blockchain.com Ventures, BACKED VC, Circle, PayU, North Island Ventures, and others.
What will the funds be used for? BCB Group’s representatives have announced plans to expand the company’s activities to other regions and countries. The main goal is to connect the global cryptocurrency industry to banking. In addition, the company will consider buying stakes from “critical infrastructure partners.”
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 762
BTC
+0.67%
-
Ethereum
$3 469.88
ETH
+4.79%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.57
XRP
+8.96%
-
Dogecoin
$0.460418
DOGE
+14.97%
-
Cardano
$1.13
ADA
+24.18%
-
Stellar XLM
$0.475898
XLM
+59.7%
-
Polkadot
$8.38
DOT
+34.97%
-
Bitcoin Cash
$532.76
BCH
+10.59%
-
Litecoin
$103.21
LTC
+14.38%