Hoptrail Raises on Echo.xyz!

We are proud to be the first UK company to raise on echo.xyz 🙌 The deal was finalised at a $5.85 million valuation and attracted over 40 high net-worth crypto investors.

"This deal is a landmark in several ways", said Henry Burrows, Hoptrail's CEO. "Not only was it Echo's first UK deal, it was also their first secondary market transaction. And we're really excited to leverage new ways of fund raising to secure Hoptrail's future". Henry added:

"We'd been looking for ways to simplify our cap table for a while, and some of the traditional routes were timely and costly. Echo was such an obvious solution. As a crypto-focused business it was also great to be able to raise in USDC, as we're using crypto more and more as part of our business. More than that, the deal closed in days and removed a lot of the back and forth we might have with other fund raising options. If you've been sleeping on the crypto fund raising sector, then you need to check out https://echo.xyz/."

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What is Echo?
Echo facilitates investment in early-stage cryptocurrency projects and startups, allowing notable angels and crypto investors to join private funding rounds in the sector's best new ideas and companies. It was set up in 2024 by former Monzo executive "Cobie", a British cryptocurrency investor, trader and one of the most popular influencers in the space. Hoptrail's deal was led by Path.eth.