Popular Charting Platform TradingView Raises $298 Million

Popular Charting Platform TradingView Raises $298 Million
  • The website has more than 30 million subscribers.
  • TradingView reported a 400 percent growth in new accounts.

Cryptocurrency Traders and investors will be pleased to know that Tiger Global has invested $298 million in TradingView, a popular charting platform for traders and investors, be it for bitcoin or any other altcoin.

According to a press release shared with Finance Magnates, the company, now valued at $3 billion in total revenue. There are more than 180 TradingView clients that have paid for the service. In recent months, the renowned charting website has seen significant growth.

The website, which has more than 30 million subscribers, allows users to keep track of the performance of a wide range of assets while also serving as a social network for those interested in trading.

Enhanced Broker Relationships

TradingView reported a 400 percent growth in new accounts and a 237 percent increase in platform visits during the period under consideration. Enhanced broker relationships, planned for the company’s future growth in the following years.

The platform is becoming more popular among traders and investors. It is a worldwide investing platform that receives more than 30 million visits each month.

Furthermore, TradingView recently highlighted the importance of Tiger Global’s expertise in terms of the company’s expansion. Tiger Global Management is a global investment firm that focuses on long-term growth.

Financial technology firms Trade Republic and Revolut have raised significant amounts of money due to the growing interest in stock investing. Likewise, the infrastructure firms that support them, such as DriveWealth, which raised $450 million in August, have seen significant growth. TradingView, a financially successful trading platform, intends to expand its operations across the globe.

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A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.