Crypto Exchange Edge Crowdfunds on BnkToTheFuture Led by Bitmex and Fenbushi Capital

General News

Summary

Edge, a “non-custodial cryptocurrency exchange and wallet platform” is raising capital from a group of industry participants as well as smaller investors. According to a release, Edge has launched a “pre-series A” round seeking $2 million hosted on BnkToTheFuture. According to the offering page, as of today, Edge has raised £328,000 from 19 investors for a convertible note. Paul Puey, CEO of Edge, said that since January Edge has added a unique blockchain, five new exchanges for added liquidity, as well as launched various fiat integrations and after this funding round our top priority is to continue to integrate fiat-to-crypto exchanges in every possible jurisdiction. BnkToTheFuture claims to have a community of over 87,000 “Professional Qualified Investors” from all over the world who have invested over $775 million in funding rounds listed on its investment platform including equity in Circle, Blockchain.com, Kraken, BitStamp, BitFinex, ShapeShift, BitPay and over 100 others.

Classifications

industries
Fintech & Banking
applications
Procurement & Purchasing

AskAI Classifications

Labels
Cryptocurrency Exchange Financial Technology Trading Software

Linked Companies

BitMEX
$1M to $5M