TradingView completes new funding spherical with $3B valuation

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TradingView, the value charting platform used as a reference for value actions of cryptocurrencies and different belongings, has secured $298 million in funding spherical to realize a $3 billion valuation.

Led by TradingView’s new investor Tiger International, the funding follows a powerful progress of the platform’s consumer base, largely retail traders, in the course of the pandemic. In line 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 value 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 answerable for their very own financial futures,” Globa stated. “We work in the direction of this by creating an atmosphere the place all merchants and traders can look first, then leap.”

Associated: Elliptic raises $60M to advance crypto analytics service

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 Prepare dinner stated 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 recognized 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.