Fast-growing cryptocurrency exchange BiKi.com has recently attracted yet another slew of investments, this time from influential blockchain investment institutions Genesis Capital and FBG Capital.
Crypto fund Genesis Capital’s purported mission of discovering and supporting early-stage projects with the most potential is particularly apt in the case of BiKi.com. In under a year, the infant exchange has managed to accumulate more than 1.2 million registered users and more than 100K daily active users, not to mention its impressive climb to top 15 rankings on the rungs of the global crypto exchange ladder.
Genesis’ current investment portfolio includes esteemed projects the likes of Tron, Quarkchain, Egretia, and Arcblock, to name a few. In total, Genesis has invested 2 million in BiKi.com, the first million on 27th May followed by another million on 29th May.
Previously backed by Silicon Valley VC Sequoia, digital asset management firm FBG Capital, whose past investment projects have increased 10 to 100 times, has also set its sights on BiKi. FBG has long gained industry respect for discovering and investing in projects such as 0x, Zilliqa, OmiseGO, IOST and Aelf, years before they became successful.
FBG’s strategic investment in BiKi will see multi-level co-operation between the two parties which includes FBG providing professional and market resources that will aid BiKi in increasing its market share and implementing trading platform improvements. The enthusiasm of FBG CEO Zhou Shouji, who has been featured on the cover of Forbes, has certainly improved branding for the young exchange, with his friendly recommendations of BiKi skyrocketing the value of its token by 300% in one week.
Ethan Ng, CEO of BiKi.com SEA, said:
“We are extremely honored that FBG has such great faith in Biki.