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Announced

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A group of investors led a $66m series B funding round in MobileCoin.

Synopsis

A group of investors, including Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, General Catalyst, TIME Ventures, and Vy Capital, led a $66m series B funding round in MobileCoin, a cryptocurrency. The round will be used to further develop MobileCoin's products, including MOBot, the first cryptocurrency chatbot payment system, the company's Merchant Services buildout, and the rollout of its initial stablecoin, whose value will stay constant with the US dollar.

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