The Series B Round saw participation from several investors. Hodl Hodl will be using the funds to expand the workforce and improving the platform.
On Tuesday, peer-to-peer cryptocurrency exchange Hodl Hodl announced the successful closure of a Series B Funding Round. The Round saw participation from Kingsway Capital, Low Time Preference Fund, XBTO Humla Ventures, and Samson Mow. The funding amount was not disclosed.
“This is the point where we will get stronger, bring more resources to build high-quality products, and put maximum effort to improve the security, usability, and communication matters.”Max Kei, CEO of Hodl Hodl
The funds will be used to “expand the resources.” They plan to hire new employees, especially from the tech domain.
Moreover, the exchange is aiming to improve its platform beginning with a facelift of its UI/UX on its lending and trading platforms, using the years of feedback received from users.
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