On February 10, 2017, Monero raised $15.8 million in a Series A round led by Andreessen Horowitz.
Monero was also valued at $30 million.
Monero is a cryptocurrency that is untraceable, anonymous, and decentralized.
The digital currency uses a proof-of-work algorithm called a ‘double spend’ to keep track of the transactions that it has in its cryptocurrency wallet.
It uses this to mint new coins.
The most notable feature of Monero is that it is decentralized.
Moneros users can store their coins in an address that can only be known by the blockchain.
This allows Monero to avoid the need for centralized financial institutions, which would be costly, and to have a relatively low cost of entry.
The cryptocurrency has become a hot topic for investors and regulators, as some people have raised concerns that it could facilitate money laundering.
Moneris has raised nearly $4.7 million from investors, but its future has yet to be determined.
Moneris is also not the first cryptocurrency to be traded on the secondary market.
Ethereum, which is the second-largest cryptocurrency, has also been traded on this platform.
There are currently two main exchanges for Monero, Monerodex and MoneroExchange.