According to Odaily Planet Daily, digital asset trading platform BiFinance announced the completion of a US$10 million Series A financing round, led by Sunfund Fortuna Global Opportunities, with participation from Eternal Asia Group, SDM Education and TigerBCDAO.

It is reported that BiFinance's valuation in this round of financing reached US$100 million. The new funds will be used to further connect traditional financial assets such as stocks and bonds with the Web3 ecosystem and provide asset-backed tokens (RWA/STO) for enterprises.