Ciyuancang

Consumer ProductsSeries AGuangzhou, Chinacycang.com

Latest round

Series A

Last raised

Jun 2016

Total raised

$7.8M

Investors

4

About Ciyuancang

Founded in 2015 in Guangzhou, China, Ciyuancang operates as an e-commerce platform focused on digital asset management.Ciyuancang offers a leading self-custody multi-chain wallet platform, imToken, which supports the management of a wide range of digital assets across over 100 blockchain networks, including Bitcoin and Ethereum. The platform allows users to securely store, manage, and transact with digital currencies, featuring on-chain transactions, asset exchanges, and NFT leveraging for enhanced experiences.Ciyuancang generates revenue through transaction fees on asset exchanges within its wallet ecosystem. Users engage in activities including staking, which can yield rewards, thus enhancing retention.As part of its growth strategy, Ciyuancang plans to launch new products and expand its market presence. Specific geographic markets targeted for expansion have not been disclosed, but the company looks to leverage its existing base while enhancing its product offerings.

Who invested in Ciyuancang

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 22, 2016

    Amount

    $5M

    Investors

    Locked

  2. Series A

    Dec 8, 2015

    Amount

    $2.8M

    Investors

    Locked

Questions about Ciyuancang

Who invested in Ciyuancang?

Ciyuancang has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ciyuancang raised?

Ciyuancang has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Ciyuancang last raise money?

Ciyuancang's most recent round on record is a Series A, in Jun 2016.

What does Ciyuancang do?

Founded in 2015 in Guangzhou, China, Ciyuancang operates as an e-commerce platform focused on digital asset management.

Where is Ciyuancang headquartered?

Ciyuancang is headquartered in Guangzhou, China.

Which VCs invest in companies like Ciyuancang?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at Ciyuancang's stage. Their profiles are linked below.

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