• FOUNDING YEAR: 2014
    LOCATION:
    Japan
    REGION:
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Provide Bitcoin exchange platform, Bitcoin wallet and Bitcoin trading platfom
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Oryptos, Quoinex, Liquid, Qash
EXISTING PARTNERSHIPS:
Partnership with Albacore Co. Ltd. to provide services locally.
PRIMARY PROBLEM SOLVED:
The company keeps customers’ bitcoins offline, so that even if hackers break into Quoine’s system, they cannot steal the currency. Also, the firm runs a check of all accounts at least once a day to monitor for any suspicious record that might be the result of manipulation.
COMMENT
According to the company, its matching engine is capable of processing close to one million transactions per second.

PEOPLE

FOUNDERS:
Mario Gomez Lozada, Mike Kayamori
INVESTORS:
According to the company, its investors include hedge funds principals, major payment aggregators and top FX traders in Japan, along with executives of financial institutions.

TRACTION

VALUATION / MARKET CAP:
$15 MM in 2014

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$22 Millions
DATE OF LAST FUNDING:
Apr 2019
TOTAL FUNDING COMMENT:
According to third-party news sources, the company has raised total funding value of more than $20 Mn.
SEED & PRIOR FUNDING:
$2 Millions
SEED CLOSED ON:
Dec 2014
FUNDING SERIES:
SERIES A
$20 Millions Closed: Jun 2016
SERIES C
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COMMENTS
SERIES C : The company has raised undisclosed amount in Apr 19.
LISTED:
NO

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