Fiat-to-Crypto Gateway BTC Direct Raises Almost $13M in Series A Funding

CrossTower launched last month, and just raised $6 million in seed funding. (Shutterstock)

Netherlands-based fiat-to-crypto gateway BTC Direct has raised a little under $13 million in a series A funding round led by undisclosed investors. 

  • Announced on Monday, BTC Direct said this was the first significant injection of funds into the platform, which so far has largely been funded by its founders. Started in 2013, the firm also runs a crypto-trading app, Blox, in addition to its fiat-crypto ramp.
  • According to its emailed statement, BTC Direct will use the fresh funds to expand its workforce, develop new products and broaden its marketing efforts. 

Related Stories

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Cryptocurrencies Videos


    CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Its mandate is to inform, educate and connect the global community as the authoritative daily news provider dedicated to chronicling the space. Founded in May 2013, CoinDesk reaches millions interested in blockchain technology thru its website, social media, newsletters, podcasts and video. CoinDesk created the original reference rate known as the Bitcoin Price Index which is widely sourced in the media including The Wall Street Journal, Financial Times, CNBC and many others on a daily basis.

    Learn More