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CoinList raises $100 million in Series A at a $1.5 billion valuation

CoinList raises $100 million in Series A at a $1.5 billion valuation

The platform for conducting token sales and the cryptocurrency exchange CoinList announced that it raised $100 million in a Series A funding round. The company’s valuation reached $1.5 billion.

The round was led by Accomplice VC and Agman Partners. It also included participation from Alphemy Capital, CMT Digital, GoldenTree Asset Management, and others.

Founder and CEO of Agman, Scott Silverman, joined CoinList’s board, said platform CEO Graham Jenkins in a comment The Block.

The funds raised will be used to expand the team and scale the business.

In 2018, CoinList closed a funding round of $9.2 million. A year later, it raised $10 million from Polychain Capital and Jack Dorsey.

In July 2020, the platform launched the CoinList Pro cryptocurrency exchange for accredited investors.

As reported, the Worldcoin startup, behind the launch of the eponymous cryptocurrency, raised $25 million at a $1 billion valuation.

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