Binance Labs-backed crypto payment platform developer MobileCoin has now accumulated nearly $125m of total funding and is valued at $1bn.
MobileCoin, a US-based cryptocurrency payment system developer backed by cryptocurrency exchange Binance, has raised $75m at a $1bn valuation, The Information has reported.
The round included venture capital firms General Catalyst and Future Ventures, according to two people familiar with the matter.
Founded in 2017, Mobilecoin has developed a cryptocurrency-based payment system that facilitates secure, instant payment transaction on mobile devices.
Encrypted messaging app Signal recently introduced a payment feature to its platform that uses MobileCoin, and Signal founder Moxie…
