Sat, Jul 02, 2022
Aliens TLDR
It “offers over 700 digital assets, and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 18 million users in 207 countries and regions.” In 2022, the company “raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion.” Lyu, who has been CEO of KuCoin since March 2020, took to Twitter earlier today to fight rumors being spread by certain people on Crypto Twitter about his company being in financial trouble.
Here is an example of one of these FUD-spreading tweets: This is how the KuCoin CEO started his Twitter thread: He went on to say: “Some recent facts about #KuCoin and you can make your own judgment: – We finished $150 M fundraising at $10 B valuation in May – We are one of the few platforms that are still hiring – We are more active in the bear market, launching new features like OCO order, fiat pair...“ “Being transparent is always one of our key principles.
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