TechFlow news, according to E-Daily, Cross Angle, the operator of cryptocurrency asset disclosure platform Xangle, is currently raising a Series B round worth 17 billion KRW (approximately $13.7 million). The round includes participation from major Korean financial institutions KB Investment, Shinhan Capital, and Naver Financial. A total of six companies are involved in this investment, which recently received approval from Korea's Investment Review Committee through acquisitions of common shares and convertible preferred shares (CPS).
In 2020, Cross Angle previously raised 4 billion KRW (about $3.22 million) at a valuation of 33 billion KRW (around $26.6 million).
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