Crypto wallet startup imToken raises $30 million in Series B round

Crypto wallet startup imToken has raised $30 million in a Series B round led by Chinese venture capital firm Qiming.

The firm said in an announcement on Wednesday that it closed the round led by Qiming Venture Partners, which invested in notable Chinese tech firm like Xiaomi, Meitu and Megvii.

imToken said its $10 million Series A lead investor IDG Capital also participated in the round. Other new investors include Breyer Capital and Longling Capital, an investment firm chaired by Cai Wensheng, the founder and chairman of Meitu, which made headlines recently with its BTC and ETH purchases.

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