Coinchange, with the backing of G1.VC, Spirit Blockchain, Good News Ventures, K2.CA, Atoia Ventures, and Mintfox, raised a substantial $10 million in funding. The platform's Earn API serves as a gateway for business users to seamlessly engage in trading activities and access digital asset yields, supporting popular cryptocurrencies like bitcoin, ethereum, and major stablecoins. The funding injection is earmarked for amplifying operational capabilities, expanding service offerings, and attracting new clients, reinforcing Coinchange's commitment to providing a secure and user-friendly platform for generating passive income from crypto holdings.
In line with its expansion strategy, Coinchange CEO Maxim Galash emphasized the company's dedication to continual improvement and client acquisition. The goal is to position Earn API as a catalyst, empowering fintechs and exchanges globally to facilitate yield-earning accounts for millions of users. Beyond its DeFi yield services, Coinchange stands out by also managing compliant brokerage services in both the U.S. and Europe, showcasing a comprehensive approach to decentralized finance and traditional brokerage needs.
