geniussuccessfully completed its $600 million investment round on October 23. While CMCC Global led this investment round Arca, Flow Traders, AVA Labs, ABSOLUTE And Psalion VC Important investors such as Another name that attracted attention among investors was well-known angel investors such as Coinbase’s former chief technology officer Balaji Srinivasan.
What is Genius, What Does It Offer?
Genius offers its users any blockchain It stands out as a platform that allows you to purchase any token on its network. Moreover, during these transactions, you do not have to deal with complex details such as address management or high gas fees.
Platform, Moonpay It aims to offer an easy and fast cryptocurrency entry point with payment tools such as. In this way, a smoother transaction experience is promised for both beginners and experienced users.
The vision of the platform, cryptocurrency Simplifying access to the world and helping everyone manage their cryptocurrencies more conveniently. The team behind Genius stated that they will continue to offer user-friendly features to make this process even easier.
Contribution of Shuttle Labs and Genius Terminal
Another project that contributed to the future of Genius was Shuttle Labs. this team BinanceHe raised $6 million to develop Genius Terminal, which supports ‘s growth on Blockchain.
CMCC Global, Arca, BAlaji Srinivasan and Flow Traders’ support to Shuttle Labs in this process is also noteworthy. The development of Genius Terminal is important as it will accelerate the growth of the platform by making significant contributions to the Genius ecosystem.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
