Cryptocurrency Q&A
Why did Pillow shut down?
Why did Pillow shut down?
Enrico
Sun Dec 01 2024
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6 answers
886
I used to love shopping on Pillow, but recently I found out that they've shut down. I'm curious about the reasons behind their closure. Could it be financial issues or maybe they were facing stiff competition? I'd really like to know what led to this decision.
6 answers
Sofia
Tue Dec 03 2024
Pillow, a crypto investment startup backed by Accel, has announced its decision to cease operations.
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OpalSolitude
Tue Dec 03 2024
The company informed its users that the shutdown will take effect from July 31.
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DigitalDynasty
Mon Dec 02 2024
Pillow cited regulatory uncertainties as one of the primary reasons behind this decision.
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Valentina
Mon Dec 02 2024
The startup also mentioned the challenging business environment in the crypto space as a contributing factor.
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CryptoVisionary
Mon Dec 02 2024
This move comes just eight months after Pillow successfully raised $18 million in a Series A funding round.
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