Recently, BiFinance announced the successful completion of a $10 million Series A financing. This round of financing was led by Sunfund Fortuna Global Opportunities (a fund of Donghao Asia)、 TigerVCDAO etc.
BiFinance will carry out in-depth cooperation with these strategic partners in the fields of blockchain technology, real-world assets (RWA), digital identity and digital assets, promote the transformation of traditional financial assets into digital assets, and accelerate the construction of the Web3 ecosystem.
In the space co-hosted with MediaChain Catcher, Bob, CEO of BiFinance, shared the company's future development strategic plan and the purpose of Series A financing:
Technological innovation and asset digitalizationBiFinance
will use the funds to accelerate the digitization of traditional financial assets, including stocks, bonds, funds, etc. Through the asset-backed token (RWA/STO) service, the company will provide enterprises with innovative asset management and trading solutions, realizing the deep integration of traditional finance and the Web3 ecosystem.
Expanding the financing of Web3 services
in the whole ecosystem will support BiFinance to expand the platform functions to include services such as trading, staking, and payment, improve the user experience, and build a more comprehensive and efficient digital financial ecosystem.
The internationalization strategic
fund will help BiFinance expand the international market, accelerate its global business layout, provide localized services, and enhance its global market influence through cooperation with strategic partners such as SDM Education Group.
To promote technological innovation
, BiFinance plans to increase investment in the research and development of blockchain technology, enhance the security and functionality of the platform, and further promote the close connection between cryptocurrencies and traditional financial markets.
The financing space was also jointly held by well-known media platforms such as Chain Catcher, bringing together industry experts, KOLs and users to discuss the future development of the cryptocurrency market and the strategic direction of BiFinance, BiFinance said that it will continue to be committed to promoting the transformation of the web3 financial industry and creating more opportunities and value for global users.
About BiFinance
BiFinance is a leading digital asset trading platform dedicated to driving the deep integration of traditional financial markets with Web3 ecosystems through innovative blockchain technology and cryptocurrency solutions. The company provides comprehensive digital financial services, including asset management, trading, staking and payment, and provides high-quality investment opportunities and financing services for global users.
BiFinance Team
Sep 4, 2024
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