Backers included Polychain Capital, Digital Currency Group, FBG Capital, Libertus Capital, Blockchain Capital, CoinFund and Electric Capital.The $9.2m total includes the funds previously raised from venture capital firm Accomplice and Protocol Labs, a research, development and deployment lab for network protocols.
The company intends to use the funds to grow its compliance, operations, engineering, product, and sales teams, support existing product offerings, and launch new product lines over the coming months.
Launched in 2017 by CEO Andy Bromberg, CoinList provides digital asset companies with services to manage their token sales and investors with a platform to discover projects. CoinList’s infrastructure handles some components of a token sale, such as ComplyAPI services to allow companies to conduct Anti-Money Laundering-Know Your Customer (AML-KYC) checks on potential investors, as well as to verify the accreditation status of investors pursuant to US securities laws.
The platform has processed more than $400 million since mid-2017, has thousands of accredited investors on the platform, and supported one of the largest ICOs of 2017 (Filecoin, which raised $205 million).
FinSMEs
05/04/2018