Matrixport hopes to raise $100 million at a greater value. Matrixport Technologies Pte, widely regarded as Asia's preeminent financial services provider, has declared its intention to solicit $100 million at a value of $1 billion in a series C funding round beginning in August 2021.
According to the article, Matrixport has raised $50 million for this round, and it is still looking for further funding to bring the total for this round to $100 million.
According to Matrixport's director of public relations, Ross Gan, the company regularly communicates with important constituencies, including investors.
Even more encouraging, he said that they anticipate having an equally positive experience with the other half of the investment round's participants. The financial commitments show how confident investors are in the company's potential to take advantage of emerging market trends.
Matrixport has opted to fund $100 million despite the demise of crypto exchange FTX, and a company spokeswoman said that this has been going on for quite some time.
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