Dubai’s Coinmarketpedia, a decentralised crypto and blockchain educational platform, has raised $2 million from undisclosed private investors in a pre-seed funding round.
The funds will be used to expand the start-up’s “global footprint and achieve key internal goals”, it said.
The company did not disclose which markets it planned to enter or the timeline for expansion.
The funds will also be used to enhance the features of the platform, hire industry experts and make investments towards future partnerships.
Founded in 2019, Coinmarketpedia began operations in the UAE in February this year on an invitation-only basis. It was launched to the public in April.
“The funds will not only further enable growth but it will allow us to expand on marketing and PR activities across multiple channels, and build partnerships with schools, institutes and universities,” said Shameer Thaha, chief futurist of Coinmarketpedia.
The platform will “unify all expert efforts in sharing their crypto…