Coinmetro, a digital currency exchange, raised 7 million euros ($7 million) in a funding round valued at 180 million euros, the company announced Monday. Coinmetro intends to use the funds to expand its operations in the United States, the United Kingdom, and Europe. It is also creating a line of passive income products to assist customers in dealing with high inflation and interest rates. According to the firm, the interim funding round is a precursor to a Series A round planned for the first quarter of 2023. Three angel investors and over 100 existing shareholders contributed to the funds.
