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Jihan Wu's Crypto Lender Matrixport Looks to Raise $100M at $1.5B Valuation

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Crypto lending firm Matrixport, led by Jihan Wu, is looking to raise $100 million at a $1.5 billion valuation.

The Singapore-based firm already has commitments for $50 million from lead investors at the sky-high valuation, but is still looking for investors for the other half of the round, Bloomberg reported on Friday citing anonymous sources. The lending firm seemed to confirm the news by tweeting out the article.

(By Eliza Gkritsi)

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