TradingView, the price charting platform used as a reference for price movements in cryptocurrencies and other assets, raised $ 298 million in a financing round to reach a valuation of $ 3 billion.
Led by new TradingView investor Tiger Global, this funding follows the strong growth in the platform’s user base, mostly retail investors, during the pandemic. According to the announcement, TradingView has seen new accounts grow by 400% and visitors by 237% over the past 18 months.
Denis Globa, CEO and Co-Founder of TradingView, highlighted Tiger Global’s expertise in the fintech sector, adding that the partnership will contribute to smart financial trading.
The platform, founded in 2011, gives more than 30 million users in 180 countries monthly access to price charts of assets such as cryptocurrencies, stocks and futures.
“We built this company with the conviction that people everywhere want the same thing: control over their own economic future,” says Globa. “We want to do this by creating an environment where all traders and investors can see first and then jump forward.”
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The company says TradingView aims to strengthen its brokerage relationship through partnerships and integrations with major brokerage firms so that visitors can trade directly from the platform.
Tiger Global’s Alex Cook says TradingView’s global position with retail investors makes it “the standard social networking and financial analytics platform used by all traders and investors.”
As a well-known investor in the crypto space, Tiger Global recently launched another massive funding round. Together with Coatue Capital, the venture fund invested $ 400 million in the crypto payment startup MoonPay.