South African exchange raises $50M in Africa’s largest funding round By Cointelegraph

Mar 1, 2022



South African crypto alternate VALR has raised $50 million in a Collection B fairness funding spherical, marking the largest-ever funding for an African crypto alternate.

With this newest spherical of funding, VALR’s valuation has elevated to $240 million, a 10X in progress because it raised its $3.4 million in a Collection A spherical in July 2020. This spherical was led by VC Pantera Capital, Alameda Analysis, Coinbase (NASDAQ:) Ventures, and a number of other others.