Crypto exchange Cryptoberryx raised $13 million

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Crypto Regulation
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Cryptocurrency exchange CryptoBerryx raised $13 million in a Series B funding round. Pantera Capital, Lightspeed India Partners, Intudo Ventures and Northstar Group participated in the round.

The company will use the funds raised to continue growth in Indonesia, develop DeFi services, NFT and expand its workforce to 200 people over the next two years.

CryptoBerryx is one of the top 3 local exchanges, competing with Indodax and Tokocrypto. The number of its users exceeds 4 million.

Earlier CryptoBerryx raised $6 million in a Series A funding round.

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Simon Calder

Simon is outgoing young lad who likes adventures and discovering new things. Despite his boring life, He loves writing about cryptocurrencies and exploring what blockchain technology can do for the coming digital world where all adventures will be virtual.