KuCoin, a cryptocurrency exchange, raised over USD 10 million through a strategic investment from Susquehanna International Group, bringing the company’s total funding to USD 180 million.
In addition to the investment, the two companies will be collaborating to help incubate and build networks for crypto startups and projects primarily built on the KCC chain, KuCoin’s community-backed blockchain.
KuCoin also stated that the funds will be used to upgrade its infrastructure, develop its product offering, and support the expansion of the company's global footprint and employee base.
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