Digital finance company, Cointel, raises $7.4 million to address trust concerns in the digital financial sector
In a bid to revolutionise the crypto industry and address the ongoing trust gap, Cointel has successfully raised $7.4 million in a funding round. The round was led by Avalanche, with participation from Sugafam Inc.
Cointel, an AI-powered subscription platform, aims to serve as a catalyst for the next wave of global digital finance adoption. By unifying real-time insights, gamified learning, and verified intelligence, the platform seeks to reduce the trust gap and promote a user-centric approach in the crypto industry.
The fresh capital will support Cointel's entry into North America in Q4 2025. Despite the lack of new information about its early traction in Japan and Turkey, it's clear that Cointel is building a globally scalable ecosystem at the convergence of artificial intelligence, crypto, and education.
It's worth noting that the crypto industry has been plagued by scams, with over $30 billion lost since 2021. Cointel's focus on building a secure, compliance-first environment could potentially help mitigate these issues and boost global crypto adoption, which currently remains under 7%, with fewer than 3% of people worldwide holding Bitcoin.
In a strategic move, Cointel has also entered into a collaboration with KuCoin, one of the world's leading cryptocurrency exchanges. This partnership will further bolster Cointel's position in the industry and help it navigate the complex landscape of digital finance.
As Cointel moves forward, it remains committed to its mission of fostering a secure, user-friendly, and educational environment in the crypto space, contributing to the global adoption of digital finance.
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