KuCoin Announced Strategic Investment in KaraStar
- KuCoin, the world’s leading crypto exchange, announced that it made a strategic investment in KaraStar, one of the top Play2Earn games based on BSC chain.
Headquartered in Singapore, KaraStar is committed to building an entertaining world for gamers, who can not only earn money but also can find peace and love. KaraStar has reached 1.4 million registered users during the beta testing period. So far, it has acquired about 300,000 monthly active users with the highest number of daily active users reaching 500,000.
According to KaraStar, most of its current users are from Southeast Asia, North America, South America, Africa, South Korea, etc. Through this strategic funding, KaraStar will accelerate its global expansion, and bring more GameFi functions to its users. Specifically, the KaraStar NFT auction Round 2 will be hosted on Dec. 9th, at 2 PM (UTC).
Previously, KaraStar has closed $10 million USD in Series A funding from IDG Capital, an early investor of Coinbase, Liquid and KuCoin.
Launched in September 2017, KuCoin is a global cryptocurrency exchange for over 500 digital assets. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world. In 2018, KuCoin secured $20 million in Round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the top 5 crypto exchanges. Also, Forbes named KuCoin as one of the Best Crypto Exchanges for 2021.
To find out more, visit https://www.kucoin.com.