KuCoin is a global cryptocurrency exchange launched in September 2017 with operational headquarters in Seychelles. It serves about 20 million users across 207 countries and regions and supports over 700 tokens and 1,200 trading pairs. In H1 2022 the platform reported over $2 trillion in trading volume, a 180% increase compared to the same period in 2021. KuCoin offers spot, margin, P2P fiat, futures, staking, and lending products and is known as the "home of altcoins." The company plans to use new capital to upgrade platform infrastructure, enrich its product lineup, and support global expansion and hiring, and it reported roughly 300 job openings. KuCoin and SIG will also collaborate on incubating and supporting crypto startups and expanding the KCS and KCC ecosystem. KuCoin operates a global cryptocurrency exchange and is one of the largest platforms by daily spot trading volume. The exchange has amassed over 18 million users in 200 countries and regions and is known for listing small- to mid-cap tokens, branding itself as the “People’s Exchange.” Management is expanding beyond centralized trading into decentralized products, including an NFT marketplace (Windvane), KCC-based protocols, wallets, GameFi, DeFi platforms and DAOs. KuCoin launched an investment arm, KuCoin Ventures, late last year; the firm says the venture arm’s assets under management have grown to a couple hundred million U.S. dollars. The company also offers P2P fiat-to-crypto services and is developing futures, margin trading, lending, staking and passive yield products. KuCoin said it is investing in security, risk management and efforts to support global regulatory requirements as it broadens its web3 ecosystem. KuCoin operates a global cryptocurrency trading platform that has attracted more than five million registered users in over 100 countries. Led by CEO Michael Gan, the company is finalizing Platform 2.0, expected to go live in Q1 2019. Platform 2.0 is intended to be a dynamic, secure trading platform with features such as stop orders, upgraded APIs and a dust collector to enable scaling and additional functionality. KuCoin said it will use new funding to expand operations, accelerate development efforts and grow its business reach globally. Its stated geographic expansion targets include Vietnam, Turkey, Italy, Russia and Spanish-speaking countries.

Total raised

$180M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2022