Crypto Custodian Raises $133 Million in Series C Funding Including BNY Mellon

BNY Mellon and Silicon Valley bank have injected capital amounting to $133 million in Fireblocks’ Series C funding. Fireblocks aims to expand operations and transform the financial world through the new funding.
Targets Transformation Of Digital World With New Funding
Digital asset custodian, Fireblocks has raised $133 million in a Series C funding. The round was led by tech-focused investment manager, Coatue, Ribbit Capital, and Stripes. According to Fireblocks’ blog post, BNY Mellon and Silicon Valley Bank are the high-profile institutional investors behind the mega-investment.
As it is with Series C funding in the corporate world, Fireblocks targets massive expansion to broaden its reach. In its scaling process, the company intends to seal and maintain strategic partnerships with premier financial institutions “to support their transformation and service the market horizontally.” The company had announced the completion of its Series B funding in November 2020. It raised $30

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Źródło: https://cryptopotato.com/crypto-custodian-raises-133-million-in-series-c-funding-including-bny-mellon/

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