KuCoin is a cryptocurrency exchange.
In September 2017In September 2017 KuCoin completed their initial coin offering (ICO) with approximately $27.5 million worth of Bitcoin (5500 Bitcoin at the time of ICO). The company planned to use the ICO money to hire developers and expand their support team from 50 to 100.
On November 15, 2018On November 15, 2018 KuCoin completed their series A funding round with $20 million in funding from NEO Global Capital (NGC), Matrix Partners, and IDG Capital. The series A funding will be used to develop and launch the KuCoin 2.0 platform. KuCoin made the following public statement after announcing their series A funding: