Crypto trading firm Ziglu revealed it has now surpassed £6mln in its crowdfunding efforts.
The funding process kicked off in September and quickly hit its initial £1mln target in less than 2 hours, before expanding to see further funding milestones.
Ziglu – a banking, crypto exchange, and forex app – was created by Starling Bank founder Mark Hipperson and was launched in 2020.
“Individual investors are important to our business and the £6 million raised in our latest crowdfund campaign demonstrates their confidence in the services we offer and our plans for expansion,” Hipperson said.
Ziglu provides access to the major cryptos such as Bitcoin, Ethereum and Solano, allowing users to trade crypto with transaction fees of around 1.25%.
The platform is regulated by the Financial Conduct Authority and claims to be one of the world's first cryptocurrency platforms to comply with the Anti Money Laundering and Counter Terrorist Financing standards set by Financial Action Task Force.