NEWS

TradingView completes new funding round with $3B valuation


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 $3-billion valuation.

Led by TradingView’s new investor, Tiger Global, the funding follows a strong growth of the platform’s user base, mostly retail investors, during the pandemic. According to the announcement, TradingView experienced a 400% increase in new accounts and a 237% increase in visitors in the last 18 months.

TradingView CEO and co-founder Denis Globa highlighted Tiger Global’s expertise in fintech, adding that the partnership would contribute to informed financial trading.

Established in 2011, the platform enables over 30 million monthly users in 180 countries to access price charts of assets such as cryptocurrencies, stocks and futures.

“We built this company with the belief that people everywhere want the same thing: to be in control of their own economic futures,” Globa said, adding, “We work towards this by creating an environment where all traders and investors can look first, then leap.”

Read More  Crypto sees second week of outflows; ether posts record outflows - CoinShares

Related: Elliptic raises $60M to advance crypto analytics service

The company said that TradingView

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button