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Crypto Startup CoinList Gets a Backup From Jack Dorsey

CoinList, a token sales platform has raised $10 million in a new funding round, with backing from Twitter CEO Jack Dorsey.

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The round was led by venture firm Polychain Capital, according to a report from the Wall Street Journal on Wednesday. With the new capital in place, CoinList is planning to launch a cryptocurrency exchange, CoinList Trade, and a cryptocurrency wallet, among other services.

“Crypto needs a trustworthy platform for launching new projects. CoinList leads the industry in that role, and trading is a logical next step,” said Dorsey, who has been a vocal bitcoin advocate.

Dorsey also serves as the CEO of payments company Square Inc., which launched a separate cryptocurrency unit, Square Crypto, earlier this year. Square Crypto wants to design bitcoin for all so that the cryptocurrency eventually becomes a daily-use currency for masses.

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Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin49,452 0.75 % 2.21 % 6.00 %
Ethereum1,657.3 0.03 % 8.36 % 11.97 %
Tether1.000 0.08 % 0.38 % 0.89 %
Cardano1.130 0.74 % 0.52 % 16.07 %
Binance Coin227.38 0.62 % 1.84 % 0.29 %
Polkadot33.77 1.04 % 2.26 % 0.10 %
XRP0.4616 0.60 % 0.05 % 4.17 %
Uniswap30.86 0.45 % 10.30 % 30.66 %
Litecoin183.93 1.10 % 2.88 % 6.15 %
Chainlink28.68 1.30 % 5.46 % 8.65 %