Turkish Version of 「Robinhood」 Midas Completes $80M Funding Round at Nearly $1B Valuation This Week
BlockBeats News, August 22nd, according to Bloomberg, Turkey's first zero-commission trading platform Midas has reached a valuation of nearly $1 billion after its latest funding round. The company announced earlier this week that it has raised $80 million, setting a new record for fintech funding in Turkey. This funding round was led by QED Investors, with additional investors including the International Finance Corporation (IFC), and existing investor Spark Capital also participated.
With this funding, Midas' total amount raised has now reached $140 million. Midas is the owner of Istanbul brokerage firm Midas Menkul Degerler AS and is considered the Turkish version of the "Robinhood" trading platform.
You may also like
Gainers
Latest Crypto News
Arthur Hayes: Maybe Monad Could Be the First to Fully Unlock Tokens and Challenge Ethereum and Solana
Kazakhstan's National Bank Plans to Allocate Up to $300 Million to Invest in Cryptocurrency
24-Hour Spot Funding Flow: ETH Net Outflow of $139 Million, ZEC Net Outflow of $11.58 Million
Santiment: "Buy the Dip" Strategy Fading as Ethereum Nears $3,200 Strong Resistance Zone
A trader had their $6.5M USD MON long position liquidated, resulting in a $1.9M USD loss.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]