Luxembourg-based Blocktrade lands €22 million in a crowdfunding round

Blocktrade, a digital asset exchange, has closed one of the largest crowdfunding investments in Luxembourg to date. The company has raised over €22 million from private investors in 33 countries, including over 6000 investors across Europe.

Founded in 2018, Blocktrade is a digital asset exchange with the vision of building an ecosystem around digital assets. The team states that digital asset trading is an exponentially growing market, and Blocktrade is a bridgehead between slow, regulated tokenization services and fast-paced trading communities.

CEO Bernhard Blaha states: “Blocktrade is more than a classic crypto exchange: we are building a complete ecosystem around digital assets, which provides our users with much more than just access to trading tools”. Blaha and his team have grown along with the crypto space and were able to lay the foundation for a modern company with innovative products.”

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Source: Luxembourg-based Blocktrade lands €22 million in a crowdfunding round | EU-Startups