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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
Bitcoin35,810 0.70 % 4.17 % 3.06 %
Ethereum2,395.7 0.91 % 0.82 % 11.09 %
Tether1.000 0.20 % 0.40 % 0.37 %
Binance Coin344.47 1.00 % 1.50 % 12.19 %
Cardano1.480 0.33 % 1.17 % 13.52 %
Dogecoin0.3145 0.33 % 2.21 % 16.74 %
XRP0.8369 0.45 % 1.87 % 13.78 %
USD Coin0.9997 0.34 % 0.14 % 0.07 %
Polkadot20.92 0.94 % 1.04 % 16.64 %
Uniswap21.54 0.82 % 2.46 % 18.72 %

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