South African crypto exchange VALR raises a $50M Series B at a $240M valuation, up 10x from July 2020, led by Pantera Capital (Nelson Wang/CoinDesk)

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Nelson Wang / CoinDesk:

South African crypto alternate VALR raises a $50M Collection B at a $240M valuation, up 10x from July 2020, led by Pantera Capital  —  Alameda Analysis and Coinbase Ventures had been additionally traders within the spherical, which valued the corporate at $240 million.  —  VALR, a cryptocurrency alternate based mostly in South Africa …