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May 10, 2022 | Exchange

Seychelles-based KuCoin has raised $150 million in a pre-Series B round at a valuation of $10 billion, says CEO Johnny Lyu. The financing round was led by Jump Crypto with additional participation by Circle Ventures, IDG Capital, and Matrix Partners. After a $20 million Series A in November 2018, the company was valued at $100 million.

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