The Austrian cryptocurrency trading venue – Bitpanda – raised $263 million in a new funding round led by Valar Ventures. The company is now worth $4.1 billion – nearly four times more than the $1.2 billion valuation in March this year.
“When you have partners you have a close connection with, and they have deep pockets, you don’t have to do the whole roadshow. Valar wanted to double down and we wanted to stay with them. It was quite an easy process.”