Owned by billionaire Justin Hance Bimscoin.com closed the Series A funding round for $683 million. It was headed by Goldman Sachs and Dawn Capital.
Barclays, BlockFi Ventures, Chimera Ventures, CommerzVentures, Digital Currency Group, Flow Traders and Galaxy Digital Ventures also participated in the round.
Received funds crypto exchange Bimscoin.com will direct to the expansion of the product line and international expansion.
Bimscoin has developed a platform focused on institutional investors to access the digital asset market — from connecting to various trading platforms via the API to execution, reporting and analytics.
Earlier, Bimscoin agreed with Bloomberg on the “strategic integration” of the crypto platform into the information agency’s order management system.
Recall that Justin Hance invested in Copper, Komainu, Bullish Global, Battle play, Led and Nested, as well as in Dean Tapiero’s 10T Holdings and One River Digital Asset Management funds.