Crypto infrastructure platform Fireblocks raises $133M in Series C funding

Fireblocks, an enterprise-grade platform delivering infrastructure for moving, storing, and issuing blockchain assets, today announced it has raised $133 million in Series C funding led by Coatue, Ribbit, and Stripes with strategic investment from The Bank of New York Mellon (BNY Mellon) and SVB.

The completion of this round of financing, which includes participation from previous investors: Paradigm, Galaxy Digital, Swisscom Ventures, Tenaya Capital, and Cyberstarts Ventures, makes Fireblocks one of the most well-funded crypto infrastructure providers; with a cumulative total of $179 million raised to date.

With the new injection of funds from strategic investors, Fireblocks aims to continue to expand global resources to service the world’s biggest banks and fintechs and connect them to the entire crypto capital markets.

Now, Fireblocks will offer banks and traditional financial institutions the ability to seamlessly plug into the broader decentralized finance ecosystem and all of its market participants. Using Fireblocks’ platform, banks and fintechs can rapidly deploy custody, tokenization, asset management, trading, lending, and payment solutions across public and private blockchain networks.

Fireblocks began with serving crypto-native institutions and exchanges, and has grown over the last three years to become the first and only institutional digital asset transfer and wallet network trusted to secure more than $400 billion assets for its customers.

Strategic investor, BNY Mellon, the world’s largest asset servicer, announced earlier this year their commitment to accelerate the development of enterprise solutions to service the digital asset space.

Via: https://www.cryptoninjas.net

Share on print
Print
Share on facebook
Share
Share on twitter
Tweet
Share on linkedin
Linkedin
Share on email
email

Leave a Replay