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Cryptocurrency Startup Becomes Japan's 2nd Billion-Dollar Tech Unicorn

Apr 4, 2019😃Bullish

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.

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