Austria-based cryptocurrency exchange Bitpanda raised $263 million of funding, further increasing the firm's already sky-high valuation.
What Happened: According to a Tuesday announcement, Bitpanda raised $263 million in its Series C investment round led by PayPal (NASDAQ:PYPL) founder Peter Thiel's Valar Ventures, putting the exchange's valuation at $4.1 billion.
Just back in March, the exchange also raised $170 million, reaching unicorn status with a valuation of $1.2 billion in the company's seventh year.
The crypto exchange....More>>>