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Charting Platform TradingView Attains $3B Valuation With $298M Investment Round
Revenue has more than tripled and new accounts jumped fivefold in the past 18 months.
Updated May 11, 2023, 7:07 p.m. Published Oct 14, 2021, 11:33 a.m.
TradingView, a charting platform and social network, secured a $298 million investment round led by Tiger Global, valuing the company at $3 billion.
- The company recorded a 400% increase in accounts created and a 237% increase in revenue in the past 18 months, according to an emailed announcement Thursday.
- The platform aims to provide retail investors with information and insight related to trading and investing in different assets including crypto and says it has paying customers in 180 countries.
- Tiger Global has been at the center of several large funding rounds into crypto-adjacent firms in recent months, most recently leading a $130 million round into London-based TrueLayer, giving the open banking startup a valuation of $1 billion.
Read more: Crypto Trading Startup FalconX Achieves Unicorn Status With Latest Raise
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VanEck's new Avalanche ETF filing to include staking rewards for AVAX investors
The fund will use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with rewards accruing to the fund and reflected in its net asset value.
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- VanEck has updated its filing for an Avalanche ETF, VAVX, to include staking rewards, aiming to generate income for investors by staking up to 70% of its AVAX holdings.
- The fund will use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with rewards accruing to the fund and reflected in its net asset value.
- If approved, the fund will trade on Nasdaq under the ticker VAVX, tracking AVAX's price via a custom index, and will be custodied with regulated providers, including Anchorage Digital and Coinbase Custody.
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