TradingView completes new funding round with $3B valuation
TradingView completes new funding round with $3B valuation
Fiscal charting provider TradingView secured $298 one thousand thousand in a new funding round led by Tiger Global.
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TradingView, the price charting platform used as a reference for price movements of cryptocurrencies and other assets, has secured $298 million in a funding round to attain a $iii-billion valuation.
Led by TradingView's new investor, Tiger Global, the funding follows a strong growth of the platform'south user base, more often than not retail investors, during the pandemic. According to the declaration, TradingView experienced a 400% increase in new accounts and a 237% increase in visitors in the last eighteen months.
TradingView CEO and co-founder Denis Globa highlighted Tiger Global'southward expertise in fintech, adding that the partnership would contribute to informed fiscal trading.
Established in 2022, the platform enables over 30 one thousand thousand monthly users in 180 countries to access cost charts of avails such every bit cryptocurrencies, stocks and futures.
"We built this company with the conventionalities that people everywhere want the same thing: to be in command of their own economic futures," Globa said, adding, "Nosotros piece of work towards this by creating an environs where all traders and investors tin can look showtime, so leap."
Related: Elliptic raises $60M to accelerate crypto analytics service
The visitor said that TradingView aims to bolster its broker relationships with partnerships and integrations with major brokerage firms in a bid to enable visitors to trade straight from the platform.
Tiger Global'southward Alex Melt said that TradingView's global standing amid retail investors positions the company "to be the default social network and financial assay platform used past all traders and investors."
A known investor in crypto, Tiger Global recently led some other mega-funding round. Together with Coatue Management, the venture capital has invested $400 one thousand thousand into the crypto payments startup MoonPay.
Source: https://cointelegraph.com/news/tradingview-completes-new-funding-round-with-3b-valuation
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