Australian cryptocurrency exchange Coinstash completes approximately $3.08 million Series A funding round

According to official sources, Australian cryptocurrency exchange Coinstash has announced the completion of a AUD 4.7 million Series A funding round (approximately USD 3.08 million), raising a total capital of over AUD 8 million. This round of financing is led by a family wealth management office in Brisbane and will provide funding for Coinstash's ongoing platform development, team expansion, and user acquisition, with the goal of attracting 100000 Australian investors. It is reported that Coinstash was founded in 2017 and currently serves over 50000 users, providing trading services for Bitcoin, Ethereum, and over 1000 cryptocurrencies.