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El Dorado raised $3M in a seed round led by Coinbase Ventures and Multicoin Capital to grow its user base and improve security features.

El Dorado raised $3M in a seed round led by Coinbase Ventures and Multicoin Capital to grow its user base and improve security features.

05/28/24, 4:38 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CO.svgbogotá
Money raised
$3 million
Industry
payments
blockchain
fintech
financial services
e commerce
Round Type
seed
Investors
Multicoin Capital, Coinbase Ventures
Colombian cryptocurrency wallet El Dorado raised $3M in a seed round led by Coinbase Ventures and Multicoin Capital. The funding will be used to invest in growing its user base and improving security features to meet regulations to enter new markets.

Company Info

Company
El Dorado
Location
bogotá, bogotá, colombia
Additional Info
El Dorado operates a peer-to-peer cryptocurrency wallet that allows users to make cross-border payments and earn additional income through stablecoin exchanges. Founded in 2020, El Dorado operates in Colombia, Venezuela, Argentina, Peru, Brazil, and Panama facilitating the exchange of stablecoins.
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