News > KuCoin raises $10 mn; to now focus on blockchain startup incubation

KuCoin raises $10 mn; to now focus on blockchain startup incubation

KuCoin, a global cryptocurrency exchange, announced on Thursday that it has secured a strategic investment from Susquehanna International Group, better known as the SIG, one of the largest quantitative trading firms in the world.

KuCoin and SIG announced in a statement that they would jointly support promising crypto startups through incubation, investment, and consultation, especially the projects built on the KCC chain, KuCoin’s native blockchain network.