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The Cryptocurrency Exchange House CryptoMarket managed to obtain a capital injection of $ 600 thousand at the end of its first round of financing. The contribution comes from two major US investment funds: ConsenSys Ventures, which invested $ 450,000 to acquire 10% of the start-up capital, and Magma Partners, with a contribution of $ 150,000, which makes it gives 3, 3% of the shares.
ConsenSys Ventures is the investment risk wing of ConsenSys, a company created by Joseph Lubin, co-founder of Ethereum. According to Kavita Gupta, director and founding partner of ConsenSys, the company seeks to "invest in companies that represent the spirit of decentralization and at the same time boost the ecosystem of the world." "Ethereum", such as CryptoMarket, which is his first investment in Latin America.
Magma Partners, meanwhile, is a private equity fund of the United States and Latin America that invests in Fintech start-ups. According to its website, they support the best entrepreneurs in these regions.
CriptoNoticias contacted Jorge Daniel Dupré, commercial director of CryptoMarket, who commented that this investment will help to strengthen the start-up's development team and promote the commercialization of its products and services in every market where they start to operate.
In this sense, he pointed out that the strongest project that materializes with this capital injection is its buying tool, CryptoCompra. This service allows customers to pay anywhere in the world with cryptocurrencies, and businesses receive the converted amount in pesos, reales or euros, in seconds and with a rate that goes from 0.68% to 0 , 05% per transaction. [19659006]! function (f, b, e, v, n, t, s) {if (f.fbq) returns; n = f.fbq = function () {n.callMethod?
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