Coinrule, a UK-based meta trading platform, has raised more than £410,000 through its recently launched equity crowdfunding campaign on Seedrs. The funding round originally sought to raise £250,000 from nearly 440 Seedrs investors. Founded in 2018, Coinrule allows its users to set up rules-based cryptocurrency trading across multiple crypto exchanges. The company revealed:
“Coinrule lets you automate your investments across multiple platforms to protect your funds and catch the next great market opportunity – algorithmic trading without having to learn a single line of code.”
Coinrule further described itself as a smarter system for trading because it adds automation across more than 10 investment platforms and claims its educational and gamified, neatly packaged, and ready to deliver its mission for financial inclusion by giving people the tools to compete in a new world of trading.
“Coinrule is also expanding into traditional assets, opening up the market from the billions of crypto to the trillions of multiple asset classes, in a market that is expected to be over $16.7 billion in size by 2025.”
Funds from the Seedrs campaign will be used to continue the development of the Coinrule platform and team. The company is now offering 9.35% in equity at a £4 million pre-money valuation through the funding round, which will close at the end of November.
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