Cryptocurrency Startup Becomes Japan's 2nd Billion-Dollar Tech Unicorn
IDG Capital and Bitmain Technologies are not the only high-profile investors to pump funds into Liquid.
Liquid.com, a Japan-based cryptocurrency platform, announced the successful closure of its Series C fundraising round, which saw the company achieve a total valuation of over US$1 billion - making it one of only two tech unicorns in the country's startup industry.
Liquid's Series C investment round was spearheaded by IDG Capital and Bitmain Technologies, one of the world's largest (and most controversial) makers and users of cryptocurrency mining rigs.
Series C funds will be used for the purposes of global expansion and product development.