El Dorado Crypto Wallet Raises $3 Million from Coinbase Ventures, Multicoin Capital
CryptoNewsTerminal Staff29 May, 2024
El Dorado Crypto Wallet Raises $3 Million from Coinbase Ventures, Multicoin Capital
El Dorado, a leading Colombian cryptocurrency wallet provider, has secured $3 million in a seed funding round led by Coinbase Ventures and Multicoin Capital. The funding will be used to expand El Dorado's user infrastructure and enhance its security features. El Dorado's mission is to make cryptocurrency accessible and secure for everyone in Latin America and beyond. El Dorado's user-friendly platform and robust security features have made it a popular choice for cryptocurrency users in the region. The company has also partnered with several major exchanges and custodians, making it easy for users to buy, sell, and store their cryptocurrency. With the new funding, El Dorado is well-positioned to continue its growth and become the leading cryptocurrency wallet provider in Latin America.
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