8BTC News deciphers series A funding

Mar 8, 2018 • Callum Cyrus

The cryptocurrency news platform and blockchain protocol developer has received $15.8m from investors including Bitmain and QF Capital.

China-based cryptocurrency industry media portal 8BTC News has attracted RMB100m ($15.8m) in a series A round featuring bitcoin hardware manufacturer Bitmain.

The round included electronic trading firm QF Capital, investment firm Puhua Capital and venture capital firm Funcity Capital. 8BTC had not previously disclosed any equity funding.

8BTC News operates what it markets as an established, unbiased cryptocurrency news portal that gives its China-based users details of international developments in currencies such as Bitcoin while also reporting on the domestic…

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