Raven closes new funding round at a $90 million valuation with backing from Coinbase Ventures and CMCC Global

Raven closes new funding round at a $90 million valuation with backing from Coinbase Ventures and CMCC Global

N
News Editor
2026-09-29 13:11:46
Crypto trading firm Raven has raised a new round of funding at a $90 million valuation, according to CNBC. The round included participation from Coinbase Ventures and CMCC Global. Co-founder Petar Kostov said Raven was founded in 2023 and focuses on providing liquidity for cryptocurrency trading. He also said the company has expanded into prediction markets since the second quarter of 2025. The announcement outlines the company’s valuation, the investors involved, its founding timeline, and the scope of its business as it moves beyond core crypto trading liquidity services.

Crypto trading firm Raven has completed a new funding round at a $90 million valuation, according to CNBC. Coinbase Ventures and CMCC Global took part in the round.

Raven co-founder Petar Kostov said the company was founded in 2023 and provides liquidity for cryptocurrency trading. Since the second quarter of 2025, Raven has also expanded into prediction markets.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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