Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targets Global Expansion

Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targets Global Expansion
фото показано с : news.bitcoin.com

2020-11-19 12:15

Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.”

The round was led by Paradigm, with participation from Fireblocks’ existing investors – Galaxy Digital, Digital Currency Group, Cyberstarts, Tenaya Capital, Swisscom, and Cedar Hill Capital, according to a company statement.

“With the new injection of capital, we will be able to continue to grow our in-house R&D, marketing and sales talent to continue pushing the envelope on product innovation, and customer growth in key geographic regions,” said Michael Shaulov, CEO of Fireblocks.

Fireblocks is an enterprise-grade platform that helps institutional investors such as hedge funds, exchanges, and over-the-counter trading desks, to move, store or issue digital assets securely.

Since its launch in June 2019, Fireblocks has secured a total of over $150 billion in digital assets for institutional clients throughout the world. In the third quarter of 2020, Fireblocks reported a 533% spike in customer growth, according to Shaulov. He added that the company is seeing similar growth in the current Q4 quarter.

Fireblocks said it has more than 160 active institutional participants on its network, including some of the biggest liquidity providers, such as B2C2, Galaxy, Amber, and Three Arrows.

The Series B round brings Fireblocks’ total funding to date to $46 million. The firm raised $16 million in Series A in June last year.

What do you think about Fireblocks’ latest funding round? Let us know in the comments section below.

The post Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targets Global Expansion appeared first on Bitcoin News.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

SherLOCK Security (LOCK) на Currencies.ru

$ 0.1387 (+1.71%)
Объем 24H $13
Изменеия 24h: 10.06 %, 7d: -33.06 %
Cегодня L: $0.1387 - H: $0.1387
Капитализация $0 Rank 3458
Цена в час новости $ 0.2069 (-32.96%)

funding global crypto million series firm security

funding global → Результатов: 126


Trends in Artificial Intelligence (AI/AR/VR): Startup Competition and Leading VCs Investors panel by Astra Global

Astra Global, a global business development company, specializing in startup funding, in association with Gold Ventures, present: ARTIFICAIL INTELLIGENCE (AI/AR/VR): WHAT’S NEXT? Description The event consists of the startups battle (30 mins), investors panel (40 mins) followed by individual startups pitching sessions and Q&A (40 mins).

2020-9-24 11:51


Trends in blockchain, fintech, insurance: leading VCs panel and pitching session

Astra Global, a global business development company, specializing in startup funding, in association with Gold Ventures, present: FINTECH, INSURANCE, BLOCKCHAIN: WHAT’S NEXT? Are you a high potential Seed or Series A startup with an ambition to go global raising capital for your project? Then we are looking for you! Join the Astra Global leading VCs panel […]

2020-9-10 17:53


Фото:

Anti-Bitcoin Goldman Sachs is Ironically Preparing to Issue Its Own Fiat Digital Token

Multinational investment bank and financial services company Goldman Sachs has appointed a high blockchain and crypto-oriented Mathew McDermott, to be its new global head of digital assets. McDermott formerly ran the investment Bank’s internal funding operations and is reportedly busy expanding his new London-based Digital assets division with new hires from Asia and Europe. The […]

2020-8-8 16:14


How to Successfully Raise Startup Capital in the U.S. During/After Pandemic

Astra Global, a global business development company specializing in startup funding, and The Startup Station, a U. S. education and consulting company specializing in startup strategy, financial modeling and valuation, present the four-part series on How to Successfully  Raise Capital in the US During Pandemic (for US and European startups.

2020-4-13 15:03


TaxBit raises $5 million to automate cryptocurrency tax compliance

TaxBit, which offers cryptocurrency tax automation software targeted for crypto users, exchanges, and merchants, today announced a seed round funding of $5 million. Participating investors include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC, who previously led TaxBit’s pre-seed round, and more.

2020-1-6 19:33


Not-for-profit GoodDollar secures funding for 2020 as UBI project celebrates first birthday

GoodDollar, the non-profit organization aiming to reduce global wealth inequality through blockchain technology and universal basic income [UBI] principles, celebrates its first birthday this NovemberThe post Not-for-profit GoodDollar secures funding for 2020 as UBI project celebrates first birthday appeared first on AMBCrypto.

2019-11-28 12:30


Blockchain payment and wallet company Radpay completes $1.2M seed funding

Radpay, an Arizona-based decentralized global payment processing company, announced today the completion of a $1. 2 million series seed round reflecting a 20% oversubscription. The round included participation from established Silicon Valley investors, Phoenix-based investment firms Resiliency Ventures and BlackLaunch, as well as investors from Nebraska and Arizona.

2019-11-18 17:28


Фото:

Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining

A long-time Bitcoin bull with around $2.3 billion in net worth, Peter Thiel, is a good ally to have on your side if you plan on challenging China’s dominance in the global BTC mining industry. On that count, San Francisco-based Layer1 has scored a big win by raking in millions in funding from Thiel — […] The post Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining appeared first on BeInCrypto.

2019-10-22 07:43


Buy Coins with USD on BitMart “Quick Exchange”, Get Up to 50% Cash Reward!

BitMart, a premiere global digital asset trading platform, recently launched its fiat channel – Quick Exchange. Users will now be able to buy coins with No funding fees along with their US bank accounts just in minutes!  “Quick Exchange” is a service for registers to link their bank accounts to transfer USD directly from banks […] The post Buy Coins with USD on BitMart “Quick Exchange”, Get Up to 50% Cash Reward! appeared first on CCN.com

2019-10-3 21:21


Blockchain Platform Solana Acquires $20M In A Funding Round Spearheaded By Multicoin Capital

Blockchain platform Solana has raised $20 million in a Series A round led by Multicoin Capital. Cointelegraph reports that the round also saw participation from Distributed Global, Blocktower Capital, Foundation Capital, Blockchange VC, Slow Ventures, NEO Global Capital, Reciprocal Capital, Passport Capital, Rockaway Ventures, Kevin Rose, and Lyndon Rive. According to Solana it is the […]

2019-7-31 23:43


Solana ready to launch first “web-scale” blockchain as it closes $20 million funding

Solana ready to launch first “web-scale” blockchain as it closes $20 million funding » CryptoNinjas Solana, a web-scale blockchain, announced today it has raised $20 million in a Series A round led by Multicoin Capital, with participation from Distributed Global, Blocktower Capital, Foundation Capital, Blockchange VC, Slow Ventures, NEO Global Capital, Passport Capital, and Rockaway Ventures.

2019-7-30 20:02