imToken raises $30 million in B funding round
The team that created the decentralised imToken wallet managed to raise $30 million in the financial round of Serie B.
He headed Round B to Chinese venture giant Qiming Venture Partners. They have previously invested in companies such as Xiaomi, Megvii and Meitu. In addition to Qiming, the decentralised wallet team was supported by investor firm A-IDG Capital and other large companies such as Breyer Capital, HashKey, Signum Capital, Longling Capital, and Chinese conglomerate Fosun International.
Using the new influx of funds, the company intends to hire even more DeFi developers to create the next large-scale updated imToken - version 3.0. It promises consumers to provide even more safe and convenient services of decentralised financing.
In addition, they intend to launch their own division imToken Labs, where they will explore possible ways of applying new products of the company and test them before integrating into the cryptocurrency wallet imToken