Cryptocurrency
Twitter CEO Jack Dorsey backs $10M round for crypto startup CoinList
As reported by The Block, “Token sales platform CoinList has raised $10 million in a new funding round, with backing from Twitter CEO Jack Dorsey. “The round was led by venture firm Polychain Capital, according to a report from the Wall Street Journal on Wednesday. With the new capital in place, CoinList is planning to launch a […]
As reported by The Block, “Token sales platform CoinList has raised $10 million in a new funding round, with backing from Twitter CEO Jack Dorsey.
“The round was led by venture firm Polychain Capital, according to a report from the Wall Street Journal on Wednesday. With the new capital in place, CoinList is planning to launch a cryptocurrency exchange, CoinList Trade, and a cryptocurrency wallet, among other services.
“’Crypto needs a trustworthy platform for launching new projects. CoinList leads the industry in that role, and trading is a logical next step,’ said Dorsey, who has been a vocal bitcoin advocate.
“Dorsey also serves as the CEO of payments company Square Inc., which launched a separate cryptocurrency unit, Square Crypto, earlier this year. Square Crypto wants to design bitcoin for all so that the cryptocurrency eventually becomes a daily-use currency for masses…”