Coinzh Partners with IDG Capital

With crypto space maturing rapidly, venture capital funds are seeking out cryptocurrency startups and small businesses that show the potential for sustainable long-term growth, and are in need of external financing.

Exchanges have always been one of the most lucrative areas within the crypto industry to receive venture capital. Coinzh, a London-based cryptocurrency exchange, is no exception. It was founded in March 2020 and offers all classes of investors around the world the opportunity to gain a diversified exposure to cryptocurrency markets by trading over 100 digital assets it hosts.

The exchange has entered a strategic partnership with IDG Capital, a leading investment firm that specializes in private equity and venture capital. With the help of IDG’s team of highly skilled experts and the financial backing provided by the firm, Coinzh hopes to gain competitive advantages and differentiation by delivering a suite of enterprise-level products built around its trading platform.

Founded in 1992, IDG Capital made a name for itself by being the first to bring foreign venture capital into China. It is focused on providing funds to businesses in the information technology, media and telecommunications sectors.

In the past, the investment firm helped such companies as Chinese search engine Baidu, Singapore-based crypto exchange KuCoin, and electronics manufacturer Xiaomi.