KuCoin, a global cryptocurrency exchange, announced on the 26th that it has received $10 million (KRW 13.1 billion) from Susquehanna International Group, a global financial company.

An official from Kukoin said, “Kucoin has received $10 million from Susquehana Group International, one of the world’s largest quantitative trading companies, and plans to invest in upgrading platform infrastructure, strengthening product lines, and expanding Kukoin’s global expansion and employment.”


In addition to investing $10 million, the two sides agreed to join the blockchain startup incubation business, establishing a KCS (KuCoin Token) & KCC (KuCoin Community Chain) ecosystem, and supporting promising crypto startups through investment and consulting.

Susuke Hana Group International (SIG) is a company that specializes in trading stocks, energy, products, and indexes and exclusive investments, and has established a Bitcoin transaction desk since 2016. It supports gifts linked to Bitcoin prices and other cryptocurrencies such as Bitcoin, Ethereum, and Bitcoin Cash to purchase and sell. It handles millions of transactions around the world every day.

Founded in 2017, Cucoin is one of the top five global cryptocurrency exchanges known as the home of Altcoin. Cucoin is a user-oriented platform that focuses on inclusion and the range of community activities and supports more than 700 cryptocurrencies. Currently, it provides spot transactions and margin transactions to users in 207 countries and regions. Last year, Forbes selected Cucoin as one of the top cryptocurrency exchanges. In addition, Ascent selected Cucoin as the best cryptocurrency app for enthusiasts this year.