Fireblocks Completes $133 Million Series C Financing, BNY Mellon Participates
This article comes fromThe Block, by Michael McSweeney
Odaily Translator |
Odaily Translator |
It is reported that Fireblocks obtained the$30 million in Series B financing$30 million in Series B financing
, Paradigm led the round, and other investors included Galaxy Digital, Digital Currency Group, Swisscom, Cyberstarts, Tenaya Capital, and Cedar Hill Capital. Fireblocks said Thursday it has raised a total of $179 million to date. Previous investors Paradigm, Galaxy Digital and Swisscom Ventures also participated in the C round of financing.
Michael Shaulov, CEO of Fireblocks, said, “We are honored to have the favor of top VCs in fintech and the most important strategic partners supporting our mission to reshape the financial ecosystem into digital assets. Their financial support guarantees our Long-term stability, technological superiority and serving an exponentially growing customer base."CoinDeskFireblocks, which offers a suite of digital asset services, including custody and transfer, is one of a growing number of companies in the industry seeking to cater to an institutional client base. BNY Mellon will hold, transfer bitcoin and issue other cryptocurrencies on behalf of its asset management clients, the Wall Street Journal previously reported.
Last month, it was reported that BNY Mellon was partnering with Fireblocks for cryptocurrency custody.
secondary title
Related Reading:
