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§ Private Profile · Taipei, T'ai-pei, Taiwan
Cryptocurrency exchange with zero-fee spot and margin trading for crypto traders, also offering ICO underwriting services.
COBINHOOD is a Taiwan-based cryptocurrency exchange and initial coin offering underwriting platform that provides zero-fee spot and margin trading services to digital asset investors. The organization funded its early operations through a public token sale that successfully raised 45,254.9 ETH, equivalent to approximately $13.2 million at the time of the transaction. Operating with a proprietary utility asset called the COB token, the platform was designed to maximize market liquidity for high-volume traders while simultaneously offering specialized crypto-financial products and underwriting services for emerging blockchain projects. The company gained mainstream visibility by utilizing actor Jamie Foxx as a promotional brand ambassador, though it later faced severe operational controversies and leadership disputes following the token sale of its associated DEXON network. COBINHOOD was officially founded in 2017 by Tai-yuan Chen and Wei-Ning Huang.
COBINHOOD has raised $5.0M across 1 funding round.
COBINHOOD has raised $5.0M in total across 1 funding round.
COBINHOOD has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in September 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 11, 2017 | $5M Seed | — | Banyan Capital, Infinity Venture Partners | Announced |
COBINHOOD has raised $5.0M in total across 1 funding round.
COBINHOOD's investors include Banyan Capital, Infinity Venture Partners.