TechFlow news, on August 19, digital asset trading platform BiFinance announced the completion of a $10 million Series A funding round led by Sunfund Fortuna Global Opportunities, with participation from Eternal Asia Group, SDM Education, and TigerBCDAO. Following this round, BiFinance's valuation has reached $100 million. The new funds will be used to advance the integration of traditional financial assets such as stocks and bonds with the Web3 ecosystem, and to provide enterprises with asset-backed tokens (RWA/STO) and comprehensive Web3 services.
According to the announcement, BiFinance is an institutional-grade digital asset trading platform offering services including cryptocurrency trading, digital derivatives trading, Launchpad, and DeFi asset management. On August 16, Hong Kong-listed company SDM Education Group signed a strategic Series A investment agreement with BiFinance.
