Seed CX Cryptocurrency Exchange Secures $15M in Funding Led by Bain Capital By Cryptovest

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Seed CX Cryptocurrency Exchange Secures $15M in Funding Led by Bain Capital

Published Sep 13, 2018 09:02AM ET Updated Sep 13, 2018 10:20AM ET

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Seed CX Cryptocurrency Exchange Secures $15M in Funding Led by Bain Capital

Chicago-based institutional digital asset exchange Seed CX announced on Wednesday it has secured $15 million in a Series B fundraise led by US-based global alternative investment firm Bain Capital Ventures, which has subsequently acquired a stake in the blockchain platform.

The investment is meant to support the expansion of Seed CX’s trading infrastructure, to enlarge its institutional trading network and more than double the number of its employees to around 40, chiefly in operations, market surveillance and technology.

According to the company’s statement, Seed CX has raised a total of over $25 million so far from, among others, crypto investors OKCoin USA and...

This article appeared first on Cryptovest

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Seed CX Cryptocurrency Exchange Secures $15M in Funding Led by Bain Capital

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