Liquid

cryptocurrency

FOUNDING YEAR: 2013
LOCATION: Japan
Last Update: 09/07/2020

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About

Liquid (formerly known as Quoine) is a Bitcoin exchange platform facilitating Bitcoin trading with multi-currency deposits such as JPY, USD, EUR, SGD, HKD, IDR, PHP, AUD. It also offers services such as wallet, vault and a Bitcoin payments platform for on-line and off-line merchants. The company was initially headquartered in Singapore but has moved to Tokyo, Japan in 2016.

Focus

PRODUCTS & SERVICES

Provide Bitcoin exchange platform, Bitcoin wallet and Bitcoin trading platfom

REVENUE MODEL

Quoine's fee structure charges 0.5% per trade for market 'takers' who buy and sell at the current market price, and no fees for any traders who sets their own preferred price.

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.

Traction

VALUATION / MARKET CAP:

$15 M in 2014

Momentum

FUNDED

YES

TOTAL FUNDING

$22 M

DATE OF LAST FUNDING

Aug 2017

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 M

SEED CLOSED ON

Dec 2014

FUNDING SERIES

SERIES A  · $20 M  · Jun 2016

LISTED

NO

BASICS

FOUNDING YEAR:

2013

LOCATION:

Japan

Views:

150 VISITORS | 264 VIEWS
LATEST FUNDING ROUND

$22 M

About

Liquid (formerly known as Quoine) is a Bitcoin exchange platform facilitating Bitcoin trading with multi-currency deposits such as JPY, USD, EUR, SGD, HKD, IDR, PHP, AUD. It also offers services such as wallet, vault and a Bitcoin payments platform for on-line and off-line merchants. The company was initially headquartered in Singapore but has moved to Tokyo, Japan in 2016.

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