The digital asset trading platform BiFinance has completed a $10 million Series A funding round.

ChainCatcher news, the digital asset trading platform BiFinance announced on platform X that it has completed a $10 million Series A financing round, led by Sunfund Fortuna Global Opportunities, with participation from Eternal Asia Group, SDM Education, and TigerBCDAO.

BiFinance's valuation in this round of financing reached $100 million, and the new funds will be used to further connect traditional financial assets such as stocks and bonds with the Web3 ecosystem and provide asset-backed tokens (RWA/STO) for enterprises.

According to the Web3 asset data platform RootData, BiFinance is a cryptocurrency exchange that offers users a simpler and safer trading service system.