BitCoke Completed $20 Million Financing with A Consortium Led by Huobi Exchange

BitCoke Blog
May 12, 2022

We are pleased to announce that BitCoke has signed strategic investment agreements with a number of crypto investors in early 2022 and successfully raised $20 million.

This financing is the private round prior to BitCoke Token (COKE) public IEO. Huobi Exchange led the investment constortim. Notable investors included RedLine DAO, Krypital, LD Capital, AKG, VRM, Mint, WeBlock, 7 Clock, HTR, NFTGO, LTP, Scorpio, Eureka, Hotbit, JL Capital, Pento and dozens of other institutions, communities and KOLs.

The funds raised are mainly used for exchange product design and development, especially exploring Cex and Dex exchange feature integration in terms of liquidity mechanism, trading functions and account link.

In addition, all investors are committed to supporting the BitCoke marketing efforts and assisting in the expansion and adoption of COKE token.