Industry News
Valor Capital Group Leads USD26m Round for Brazilian Crypto Platform Hashdex
12 May 2021
Valor Capital Group led a USD26m round for Hashdex, a Brazilian crypto investment and management platform, with participation from SoftBank, Igah Ventures, Globo Ventures, Canary and Coinbase Ventures.
(Bloomberg) – A Brazilian money management firm focused on cryptocurrencies said it raised about $26 million of new funding from investors including SoftBank Group Corp. and Coinbase Global Inc.
Hashdex Gestora de Recursos Ltda said a bulk of the funds came from venture capital firm Valor Capital Group, with SoftBank and Coinbase Ventures, an arm of the U.S.’s biggest cryptocurrency exchange, also participating. Others included Brazil’s Igah Ventures, Globo Ventures and Canary.
Read more at Bloomberg.
