TradingView, the value charting platform used as a reference for worth actions of cryptocurrencies and different belongings, has secured $298 million in funding spherical to achieve a $3 billion valuation.
Led by TradingView’s new investor Tiger International, the funding follows a robust progress of the platform’s person base, largely retail traders, throughout the pandemic. In keeping with the announcement, TradingView skilled a 400% improve in new accounts and a 237% improve in guests within the final 18 months.
TradingView CEO and co-founder Denis Globa highlighted Tiger International’s experience in fintech, including that the partnership would contribute to knowledgeable monetary buying and selling.
Established in 2011, the platform allows over 30 million month-to-month customers in 180 international locations to entry worth charts of belongings like cryptocurrencies, shares and futures.
“We constructed this firm with the assumption that folks all over the place need the identical factor: to be in charge of their very own financial futures,” Globa mentioned. “We work in direction of this by creating an surroundings the place all merchants and traders can look first, then leap.”
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The corporate says that TradingView goals to bolster its dealer relationships with partnerships and integrations with main brokerage companies in a bid to allow guests to commerce immediately from the platform.
Tiger International’s Alex Cook dinner mentioned that TradingView’s world standing amongst retail traders positions the corporate “to be the default social community and monetary evaluation platform utilized by all merchants and traders.”
A identified investor in crypto, Tiger International not too long ago led one other mega-funding spherical. Along with Coatue Capital, the enterprise capital has invested $400 million into the crypto funds startup MoonPay.