CDS Startups 3Commas Raises $37m in Series B Funding
Startups

3Commas Raises $37m in Series B Funding

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Crypto Trading Bot Platform 3Commas Raises $37m in Series B Funding
Crypto Trading Bot Platform 3Commas Raises $37m in Series B Funding

3Commas, a crypto trading bot application that maybe many of us know and use, has recently raised $ 37 million in Series B financing. The investment round was led by Target Global, Alameda Research and Jump Capital, while Dmitry Tokarev, the founder and CEO of Copper, participated in the round with an individual share. The investment gathered at the end of the round will be used to develop bot technology and develop the ecosystem. In addition, the investment will be used for the development of DeCommas, which aims to develop a trading bot in the DeFi market developed by 3Commas. Mike Lobanov, founder and partner of 3Commas, said:

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”The leadership and talent 3Commas has put them in a very strong position to be the dominant platform put in place to onboard crypto trading and portfolio management capabilities to the next 100 million users through their automated by creating the tools that work both in the moment of the ecosystem [centralized finance] and [decentralized finance], 3Commas crypto family of products provides unparalleled access to the vast majority of prosperity for users.”

3Commas

About 3Commas

The team, who initially said that platform was a trading bot established with them and their close circles to make a profit on crypto markets, later realized the potential of the bot they established and decided to develop it. The platform currently has more than 23 exchanges with over 100,000 users. The team, which claims that the bot they have developed will always be user-oriented, has 3 basic principles. These are: Provide a simple and intuitive interface for traders, develop sophisticated tools to simplify trading and maintain a reliable, reliable and transparent business.

References

www.coindesk.com

www.blockchain.news

Written by
oguz

The author is a political science and public administration student at Kocaeli University. He is also studying Management Information Systems at Anadolu University. He met Blockchain technology and Cryptocurrencies for the first time in 2019. Interested in cryptocurrencies for over 2 years. In addition he provides E-commerce and social media marketing services.

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