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     785  0 Kommentare IDG Capital, Matrix Partners, and Neo Global Capital Invest $20 Million USD into KuCoin to Bring Cryptocurrency to the Masses - Seite 3



    KuCoin's Blockchain Training Center is already operational. In the coming months, KuCoin will expand into different countries in which the company either presently has or will soon establish new offices.

    For additional information, please visit www.kucoin.com

    About KuCoin - The People's Exchange

    The KuCoin Exchange opened for cryptocurrency trading in September 2017 and has enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions in a secure and efficient way. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November, 2018 'The People's Exchange' officially partnered with IDG.

    About the Investors

    IDG Capital is a leading investment firm focused on developing extraordinary companies through expertise in private equity, venture capital and mergers & acquisitions. By starting the first investment in China in 1993, IDG Capital became the first global investment firm to enter China. As of today, IDG Capital has expanded into 15 cities around the world and has invested in more than 750 companies and made over 170 successful exits across the globe through IPOs and M&A. It is notable for its portfolio of top cryptocurrency companies including Coinbase and Circle. In June 2012 when it was founded, IDG Capital invested in Coinbase. Today, Coinbase trades more than $150 billion in assets across 20 countries. A few years later in April 2015, IDG Capital made its first investment in the blockchain world through a joint venture with Goldman Sachs, where they invested a combined total of $50 million in Circle Internet Financial, which later acquired Poloniex, the largest crypto exchange in the US.

    Matrix Partners is the investment arm for specifically investing in promising tech startups within the Chinese market. The firm is known for outstanding returns to investors. Matrix Partners focuses on the mobile Internet marketplace, SAAS, FinTech, digital healthcare, new consumer and digital media, and social networks. As the top venture capital institution in China, Matrix Partners has more than 480 portfolio companies in China, the United States and many other places. Ten of these companies have a valuation of more than $5 billion USD, and 30 companies are valued at more than 1 billion USD.

    Neo Global Capital is the strategic investment vehicle of the NEO Foundation and one of the largest institutional owners of cryptocurrencies. The company targets the most inspiring projects in the blockchain industry. They aggressively pursue various digital assets and the leading partners have been involved in investing in ICO's for Ethereum, Factom, Antshares (NEO), nOS, Tomocoin, 0Chain, and more.

    MEDIA CONTACT
    Jon-Michael Basile (jbasile@aboutsage.com)
    703.533.4959

    Seite 3 von 3



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    IDG Capital, Matrix Partners, and Neo Global Capital Invest $20 Million USD into KuCoin to Bring Cryptocurrency to the Masses - Seite 3 SINGAPORE, Nov. 14, 2018 /PRNewswire/ - IDG Capital, Matrix Partners and Neo Global Capital, industry leaders in technology and venture capital investments, jointly announced today a partnership with Singapore-based international cryptocurrency …