Singapore-based crypto exchange KuCoin has raised $20 million in Series A funding backed by IDG Capital, Matrix Partners and Neo Global Capital.

KuCoin announced the funding Wednesday, saying that the three firms had not only invested, but formed partnerships with the exchange in order to bring cryptocurrency to the “masses.”

With the funding in place, KuCoin said it now plans to revamp its service, launching “Platform 2.0” probably in Q1 2019. Planned to be “more than a single exchange,” the new offering, it says, will be a “dynamic, secure and malleable” trading platform that will allow KuCoin to scale and add new features.

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