Bitfinex investor raising $21 million for Binance-style exchange cryptocurrency

Lead Bitfinex investor Dong Zhao has raised $21 million for his crypto firm RenrenBit, a crypto on/off-ramp for yuans. Renrenbit sold 21 million RRB in Tether ($USDT) in four hours. The firm also just finished a three million Series A led by Dragonfly Capital and Zhao's OTC desk Dfund.

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