202125 May

Indonesian crypto exchange Pintu bags funding from Pantera Capital and Coinbase

Summary

Jakarta-based Pintu reportedly received USD 6 million in an extended Series A funding round led by Dan Morehead’s Pantera Capital. The company didn’t deny the news when contacted by DailySocial and said it would share further information later. It also runs an education program called Pintu Academy, where users can access learning materials about cryptocurrency, with a mission to support and attract new crypto investors. In a previous interview with DailySocial, Pintu founder Jeth Soetoyo said that people are becoming more enthusiastic about crypto investments. Other than more volatile cryptocurrencies like bitcoin, stablecoins offer certain stability and are backed by a reserve asset.

Source: Kr-asia

Funding

$6M
Amount
May 25 2021
Date
-
Investor
Pt Pintu
Company

Classifications

Companies