Indonesia is an immediate priority and the growth potential of this market has been supported by GDP Venture, a leading venture capital firm based in Indonesia.

The caliber of institutional investors demonstrates confidence in the role of crypto and attests to Easy Crypto’s global growth potential.

– Janine Grainger – CEO and co-founder of Easy Crypto

NEW ZEALAND, Oct 6, 2021 /EINPresswire.com/ – ● Ethical and sovereign-backed pension funds in New Zealand gave strong vote of confidence to cryptocurrency infrastructure as Easy Crypto closes a historic funding cycle of $ 12 million (240 Bitcoin).

● The caliber of institutional investors demonstrates growing confidence in the role of cryptocurrency in the financial ecosystem and endorses Easy Crypto’s global growth potential.

● Funding is led by state-backed Nuance Connected Capital, and investors include an ethical pension fund, Pathfinder and GDP Venture, based in Indonesia.

● Easy Crypto already has a presence in South Africa, Australia, the Philippines, New Zealand and Brazil with plans for rapid expansion into new markets including South East Asia.

New Zealand-based Easy Crypto announced today that it has closed a $ 12 million (240 Bitcoin) funding round, led by state-backed Nuance Connected Capital.

The funding will further accelerate Easy Crypto’s global expansion into new customer markets.

This Series A is considered the largest first round of funding from a New Zealand company, without any angel or pre-seed capital raised by Easy Crypto. The tour was fifty percent oversubscribed. Additional investments, in excess of US $ 7 million (142 bitcoins), have already been indicated by major blockchain fund managers for a subsequent Series A +.

Easy Crypto CEO Janine Grainger said the success of Series A is a key milestone for Easy Crypto and the future of the cryptocurrency industry.
“The caliber of institutional investors demonstrates growing confidence in the role of cryptocurrency in the financial ecosystem. The level of interest is an endorsement of Easy Crypto’s global growth potential, ”she said.

Series A was led by Nuance Connected Capital, a sovereign wealth fund, with investments from leading provider of ethical retirement, Pathfinder and GDP Venture, based in Indonesia. Other investors include Hutt Capital and Seven Peaks Ventures, based in the United States, and Icehouse Ventures and Even Capital, based in New Zealand.

Easy Crypto is a retail platform for customers to buy, sell and trade over 150 cryptocurrencies. Founded three years ago by siblings Janine and Alan Grainger, the company has grown rapidly, recording more than $ 750 million (1,500 Bitcoin) in sales, the number of users of the platform s ‘being multiplied nearly five times in the past 12 months.

Adrien Gheur, founding partner of Nuance Capital said; “There is growing global evidence of the adoption of cryptoassets and blockchain as a mainstream form of commerce, payment and exchange. The number of global crypto users is expected to increase by 80% per year over the next three years ”.

“Easy Crypto is a New Zealand-based company that helps remove barriers to financial products for people around the world. This aligns with our strategy of investing in cutting edge technology that provides smart and scalable solutions to global problems, ”he said.

Easy Crypto is already present in South Africa, Australia, Philippines, New Zealand and Brazil and plans to continue its rapid expansion in South East Asia,

Indonesia is an immediate priority and the growth potential of this market has been supported by GDP Venture, a leading venture capital firm based in Indonesia.

On Lee, the technical director of GDP Venture said, “Millions of Indonesians now own cryptocurrency. Easy Crypto simplifies the process of buying and selling cryptocurrency. We are excited to partner with Nuance and Easy Crypto to help open up the Indonesian market to them. “

John Berry, CEO of Pathfinder KiwiSaver, New Zealand’s leading ethical retirement provider, says: “We are confident in the commercial potential of crypto infrastructure as a strategic addition to the Pathfinder portfolio. Easy Crypto has quickly established itself as an industry leader and we are delighted to play an important role in this next step ”.

“Janine illustrates what we look for in founders. She is responsible for the rapid expansion of the business and plays a leading role in the advancement and regulation of the cryptocurrency industry, ”he said.

Janine Grainger concludes: “This is just the beginning. We are excited about the next step of explosive growth in new markets

Kate walsh
SenateSHJ
+64 21 858 619
write us here


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