Company Profile
| Parent Company | Peken Global Limited (Seychelles), Flashdot Limited (Cayman Islands), Phoenixfin Private Limited (Singapore) |
|---|---|
| Ownership | Private (major shareholders not publicly disclosed) |
| Headquarters | Seychelles (registered); operating entity re-domiciled to Turks and Caicos Islands (Sep 2025) |
| Founded | 2017 |
| Founders | Chun Gan (Michael Gan), Ke Tang (Eric Tang), Johnny Lyu (some sources add Top Lan, Eric Don) |
| CEO / Leadership | BC Wong (CEO, appointed Dec 2025); founders stepped down post-US settlement (Jan 2025) |
| Employees | ~1,000-2,000 |
Funding and Valuation
| Funding | $180M total: Seed $20M (2018, IDG, Matrix); Series B $150M at $10B valuation (2022, Jump Crypto); Strategic $10M (2022, SIG) |
|---|---|
| Revenue / Valuation | $147M revenue (ZoomInfo); $10B valuation (2022) |
Licensing and Regulation
Seychelles FSA (DAE) MiCAR (Austria, Nov 2025, susp... US (SEC) India FIU VASP Malta (MGA) Cayman CIMA DNFI
MiCAR (Austria, Nov 2025, suspended Feb 2026) / Thailand SEC / Malta MFSA VFA (historical)
Native Token
KuCoin Token (KCS); utility for fee discounts, profit sharing, buyback & burn
Regulatory History
US DOJ/CFTC charges (Mar 2024) unlicensed MSB/futures
pled guilty, $297M fine, US exit 2yrs (Jan 2025)
NY AG $22M settlement (2023)
Canada FINTRAC C$19.6M fine (Sep 2025)
Austria FMA ban new EU customers (Feb 2026)
Security Track Record
- Major hack Sep 2020 (~$150M-$280M stolen, most recovered)
| Proof of Reserves | Active; e.g., BTC 108%, ETH 102%, USDT 107% (snapshot Jan 31 2026); audited Feb 6 2026 by 3rd party; Merkle tree verification |
|---|
Sister Brands
KuCoin EU (Austria), KuCoin Thailandno major sister brands
Key Events
Founded Sep 2017 (China)
ICO $27.5M
HQ to Seychelles
$20M seed (2018)
$150M Series B $10B val (2022)
40M users (2026)
BC Wong CEO (Dec 2025)
partnerships (Adam Scott, Tadej Pogačar, Tomorrowland)