Chinese VC Funds Invest In Blockchain Information Platform CoinNess

Blockchain information platform CoinNess has secured undisclosed investment in its Series A funding round led by ShunWei Capital, QF Capital, and FreesFund. While the amount raised has not been disclosed, the firm said the funding round is calculated “in millions of dollars.”

Based in Hong Kong, CoinNess is dedicated to an instant inclusive coverage of everything happening in the crypto and blockchain world. It delivers trade information around the clock, 24/7 intelligent market monitor, and real-time price index.

CoinNess said that the latest funding will help the company expand its operations, including its CNNS token that currently supports its user base worldwide. The company’s ultimate objective is to revolutionize the exchange of value across a global space, making it easier and more accessible. It plans to build a global ecosphere of all blockchain participants including projects, exchanges, investor and so on.

“The new inflow of funding proves nothing but two,” said Peter Tan, CEO of CoinNes. “One, blockchain is no sharp break from traditional industries, where long-term investors champion promising start-ups. Secondly, CoinNess has adequately proven itself within the past year and will continue its triumph saga in the next five to ten years to be an industry-leading company in the blockchain/crypto sphere.”

Source: Read Full Article