Swan Bitcoin Raises $6 Million Aims to List on Nasdaq by 2024

  • Swan Bitcoin raised $6 million in Series A financing on a $90 million pre-money valuation.
  • The round was co-led by Mimesis Capital and Ten31, and Lightning Ventures and Plan B Ventures also participated.
  • Swan aims to be publicly traded on the Nasdaq by 2024.

Bitcoin buying app Swan has raised $6 million in a Series A funding round co-led by Mimesis Capital and Ten31 on a $90 million pre-money valuation, the company said in a statement on Monday. Swan, which to date has raised $8.5 million in total, also added investment strategist Lyn Alden to its board of directors.

“Our commitment to Bitcoin gives us a huge advantage in the marketplace,” said Cory Klippsten, Swan’s CEO. “Our investors see the Swan difference: our depth of knowledge about Bitcoin and the premium service we offer to all customers. The future of Bitcoin is bright and Swan is extremely well positioned for continued growth.”