KuCoin

About

KuCoin is a global cryptocurrency exchange offering digital assets and providing crypto services to its users.

Mahé,Beau Vallon,Seychelles
https://www.kucoin.com/?utm_source=crunchbase

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $150M
Industries: Bitcoin,Blockchain,Cryptocurrency,Financial Exchanges,Financial Services
Founded date: Jan 1, 2017
Operating Status: Active
Legal Name: Mek Global Limited
Also Known As: People's Exchange

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users across 207 countries and regions around the world.

Known as "People’s Exchange", KuCoin operates in Seychelles, providing users with 24/7 multi-language customer services. Meanwhile, KuCoin has established about 19 local communities in North America, Europe, SEA and other regions, providing users with highly localized services.

As the home of crypto gems, KuCoin has supported over 420 projects with 790+ trading pairs. A number of projects like ICP, BOSON, AERGO, RNDR, and DAO had a primary listing on KuCoin.

In November 2018, KuCoin announced $20 million (USD) round A funding from IDG Capital and Matrix Partners. In 2021, Forbes Advisor named KuCoin as one of the Best Crypto Exchanges.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$180M

KuCoin has raised a total of $180M in funding over 2 rounds. Their latest funding was raised on Jul 21, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 21, 2022	Series Unknown	$10M	1	Susquehanna International Group (SIG)	—	Detail
May 10, 2022	Series B	$150M	4	Jump Crypto	—	Detail
Nov 15, 2018	Series A	$20M	4	IDG Capital Matrix Partners NGC Ventures	—	Detail

Funds Raised

Announced Date	Fund Name		Money Raised
Nov 17, 2021	KuCoin Metaverse Fund		$100M

Investments

Number of Investments

Number of Lead Investments

15

6

KuCoin has made 15 investments. Their most recent investment was on Nov 1, 2022, when Obscuro Labs raised $3.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 1, 2022 Obscuro Labs	Seed	$3.50M	Blockchain	Yes
Jul 6, 2022 Oasys	Seed	$20M	Blockchain	—
Apr 18, 2022 Aura Network	Seed	$5M	Blockchain	—
Mar 16, 2022 MojitoSwap	Series Unknown	—	Cryptocurrency	Yes
Mar 1, 2022 Blofin	Series B	$50M	Cryptocurrency	Yes

Investors

Number of Lead Investors

Number of Investors

5

7

KuCoin is funded by 7 investors. Susquehanna International Group (SIG) and Jump Crypto are the most recent investors.

Investor Name	Lead Investor	Funding Round
Susquehanna International Group (SIG)	Yes	Series Unknown
Jump Crypto	Yes	Series B
NGC Ventures	Yes	Series A
Circle	—	Series B
IDG Capital	—	Series B
Matrix Partners	—	Series B
Karnika Yashwant	—	Series A