The Seychelles-based KuCoin transaction platform is now valued at $10 billion. By way of comparison, this value is equivalent to almost all the foreign exchange reserves accumulated at the end of 2021, of the CEMAC and the WAEMU. This is the second high-impact fundraiser, announced in less than 10 days by an entity operating on cryptocurrencies from Africa.

KuCoin, a cryptoasset trading platform based in Seychelles, in the Indian Ocean, said it has raised $150 million, as part of a funding round aimed at its next stage of growth and expansion. According to a statement from the company, the deal now values the company at more than $10 billion. After Mara and its $ 23 million mobilized to strengthen its cryptocurrency transaction offerings in Africa, it is now KuCoin, a platform based in Seychelles, which announces that it has received $ 150 million from its investors.