Brisbane crypto exchange Coinstash raises $4.7 million to ready for future of Australian digital finance
Brisbane-based cryptocurrency exchange Coinstash has raised A$4.7 million in Series A funding, bringing its total capital raised to more than A$8 million, as it accelerates its mission to become the leading digital asset platform for Australian investors.
The round, led by a Brisbane-based family office, will fund Coinstash’s continued platform development, team expansion and user acquisition, with a target of onboarding 100,000 additional Australian investors.
“This raise comes at a time when investor confidence in digital assets is accelerating, as seen in the growing pipeline of crypto companies preparing for public listings globally,” said Coinstash Co-Founder and CEO Ting Wang (pictured right, with fellow Co-Founder Mena Theodorou).
“Locally, we’re seeing that same momentum as Australian investors increasingly seek secure, long-term access to digital assets as part of diversified portfolios. This funding allows us to scale the platform to meet that growing demand, while maintaining our core focus on security, compliance and innovation.”
The capital injection allows Coinstash to strengthen its platform as institutional appetite and market structures around crypto continue to mature. Recent IPO interest in major global exchanges and companies such as Circle underscores the shift from early-stage speculation to full-scale financial infrastructure, a trend now playing out in Australia.
“We’re building not just for the retail investor of today, but for the future of digital finance in Australia. Crypto is maturing as an asset class, and the future will demand local players have the same scale, governance and transparency expected of companies operating in public markets,” Wang added.
Founded in 2017, Coinstash currently serves more than 48,000 users and offers access to Australia’s largest range of digital assets, including Bitcoin, Ethereum and 1,000+ cryptocurrencies. The company has invested heavily in compliance and security (including 1:1 asset reserves) as the Australian crypto sector adapts to a tightening regulatory landscape.
The company’s total capital raised now exceeds A$8 million, including A$3.5 million from earlier rounds. The latest raise reflects growing investor appetite for platforms positioned to serve retail and institutional segments as digital assets continue to enter mainstream portfolios.
