BiFinance has completed a $10 million Series A financing round, partnering with listed companies to accelerate innovation in Web3 finance
At the space co-hosted with Media Chain Catcher, BiFinance CEO Bob shared the company's future development strategy and the use of funds from the Series A financing:Recently, BiFinance announced the successful completion of a $10 million Series A financing round. This round was led by Sunfund Fortuna Global Opportunities (a fund under Donghao Asia), with participation from several well-known Hong Kong-listed companies, including Dingyi Group (HK:0508), SDM Education (HK:8363), and TigerVCDAO.
BiFinance will collaborate deeply with these strategic partners in areas such as blockchain technology, real-world assets (RWA), digital identity, and digital assets, promoting the transformation of traditional financial assets into digital assets and accelerating the construction of the Web3 ecosystem.
At a space co-hosted with Media Chain Catcher, BiFinance CEO Bob shared the company's future development strategy and the use of funds from the Series A financing:
Technological Innovation and Asset Digitization
BiFinance will use this funding to accelerate the digitization of traditional financial assets, including stocks, bonds, and funds. Through asset-backed tokens (RWA/STO) services, the company will provide innovative asset management and trading solutions for enterprises, achieving a deep integration of traditional finance with the Web3 ecosystem.
Expanding Comprehensive Web3 Services
The financing will support BiFinance in expanding platform functionalities, including trading, staking, and payment services, enhancing user experience and establishing a more comprehensive and efficient digital financial ecosystem.
Internationalization Strategy
The funds will assist BiFinance in expanding into international markets, accelerating global business layout through collaboration with strategic partners like SDM Education Group, providing localized services, and enhancing global market influence.
Promoting Technological Innovation
BiFinance plans to increase investment in blockchain technology research and development, enhancing the platform's security and functionality, and further promoting the close connection between cryptocurrency and traditional financial markets.
This financing space also brought together industry experts, KOLs, and a wide range of users through well-known media platforms like Chain Catcher, to discuss the future development of the cryptocurrency market and BiFinance's strategic direction. BiFinance stated that it will continue to be committed to driving transformation in the web3 financial industry, creating more opportunities and value for global users.
About BiFinance
BiFinance is a leading digital asset trading platform dedicated to promoting the deep integration of traditional financial markets with the Web3 ecosystem through innovative blockchain technology and cryptocurrency solutions. The company offers comprehensive digital financial services, including asset management, trading, staking, and payment, providing high-quality investment opportunities and financing services for global users.
