Announcement of KuCoin Series A Round of Funding

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Dear KuCoin Users,

Today, we are thrilled to announce that we have closed our Series A Round of Funding, raising $20 million (USD) from IDG Capital, Matrix Partners and Neo Global Capital.

We are extremely excited and appreciative for the opportunity to be partnered with such highly respected investors. It is not only an endorsement of our achievements so far, but also a chance for KuCoin to achieve further success in the future.

As I have stated many times in the past, I have always believed that one day everything will function with blockchain technology, and we are continuing to strive for this realization. Based on our newly-formed partnership, we are aiming to take further steps to make KuCoin the best exchange available. This will be done by bringing the KuCoin Platform 2.0 online, expanding to more markets, offering concierge-level customer services, and improving our capacity for researching and nurturing blockchain talents. By doing this, we can continue to spare no effort in exploring the best hidden gems in the crypto world while growing exponentially on a global scale and, more importantly, solidifying our position as “The People’s Exchange”.

This has been a memorable year for KuCoin. We have faced emerging challenges but have continuously succeeded in facing and overcoming them as we have evolved. Once again I would like to thank our new partners as well as our users who have helped us continue to grow. It is contributions like these that have helped to make KuCoin “The People’s Exchange.”

Sincerely,

Michael Gan

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