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Peter Thiel-backed crypto broker Bitpanda triples valuation in five months to $4.1 billion
Bitpanda, a European cryptocurrency trading platform, has raised $263 million in a fresh round of funding valuing the company at $4.1 billion. That’s more than three times the $1.2 billion Bitpanda was worth in its last private financing round five months ago. The latest cash injection brings the company’s total raised to nearly $500 million. The investment was led by Valar Ventures, the venture capital firm co-founded by U.S. tech billionaire Peter Thiel. It’s the third time Valar has backed Bitpanda since its first major funding round, announced in September. “I don’t like to do fundraising,” Eric ... (full story)
