Japan-based cryptocurrency exchange platform BitFlyer has raised ¥3bn ($27m) in a series C round backed by SBI Investment, the corporate venturing arm of financial services firm SBI Group, according to Nikkei.
Venture Labo Investment and undisclosed addtional investors also took part in the round, which increased BitFlyer’s funding to $34.9m to date.
Founded in 2014, BitFlyer operates a marketplace for cryptocurrencies Bitcoin and Ether. The company has also created a payment processing service that enables e-commerce companies to accept Bitcoin.
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