Deals
Binance’s First Strategic Chinese Investment is a CoinDesk Rival
- Mars Finance reached a $200 million post-money valuation
- Investors also include Bitmain co-founder’s new crypto firm
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Crypto-exchange behemoth Binance Holdings Ltd. has made its first strategic Chinese investment, joining a funding round that valued crypto-data website Mars Finance at about $200 million.
Investors in the round also included Ceyuan Ventures and Matrixport, the financial services startup created by Bitmain Technologies Ltd. co-founder Wu Jihan, Mars Finance said in a statement.