Nov. 9，Cryptocurrency exchange Bitmart is in talks to raise about $20 million at a pre-investment valuation of $300 million, people familiar with the matter said. Alexander Capital Ventures, known for backing Airbnb and Spotify, is approaching Bitmart to lead its Series B funding, the sources said. Bitmart has raised about $10 million in early funding, according to Crunchbase data. The exchange had $65 million in revenue in the first half of 2021, the sources said. The exchange offers spot trading, leveraged futures trading, lending and pledging services for retail and institutional investors.
