VALR exchange nets record African funding round with £36m Series B

Africa

VALR, a South African crypto exchange operating out of Johannesburg, has raised £36 million in a Series B round led by Pantera Capital.

The investment marks the largest ever African cryptocurrency funding round, leaving VALR with a £180 million valuation.

Other investors included Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global, GSR, Third Prime, and more.

The investment world has been taking increased interest in Africa as an...

Yellow Card secures largest ever funding for an African crypto exchange

Africa

Yellow Card has emerged as Africa’s fastest growing cryptocurrency exchange after securing £12 million in Series A funding.

The largest ever by an African crypto exchange, the round was led by Valar Ventures, Third Prime, and Castle Island Ventures with participation from Blockchain.com Ventures, Coinbase Ventures, Polychain Capital, and more.

Yellow Card will use this funding from some of the biggest venture funds in blockchain to scale its operations across Africa...