British billionaire Alan Howard has invested in two cryptocurrency services – Copper.co and Kikitrade. The Financial Times writes about this.
According to unofficial information, the British billionaire invested $ 12.5 million in the Copper.co crypto depository as part of the next investment round. Howard invested $ 4 million in the Asian cryptocurrency trading service Kikitrade.
“We are very grateful to Alan for his support. His early interest in this area sets him apart from other traditional players, ”said Dmitry Tokarev, CEO of Copper.co.
This isn’t Howard’s first investment in Copper.co. For example, he participated in the May round of funding, during which the startup raised $ 50 million. Prior to that, the famous British billionaire led a round of funding for another crypto depository, Komainu. The project team then raised $ 25 million. Then, in addition to Howard, Novogratz’s company Galaxy Digital, the NOIA Capital fund and the Nomura Research Institute also invested in the company.
As Bloomberg reported, Howard invested in the cryptocurrency market back in 2017, but the investment has not been disclosed.
In addition, the British billionaire supported the One River Digital Asset Management Fund. Last year, the fund invested up to $ 600 million in cryptocurrencies. At the same time, the head of the fund noted that the fund intends to accumulate up to $ 1 billion in bitcoin and ether at the beginning of 2021.
In February 2021, Howard also participated in the investment round of the Bitcoin payment service Bottlepay, which raised $ 15.5 million.
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