2 years ago
CryptoSafe Raises $20 Million in Funding, Valued at $95 Million
CryptoSafe, a UK-based blockchain project enhancing capital efficiency in the cryptocurrency market, has secured $20 million in funding
The round, valued at $95 million, saw participation from VentureX Capital, NexTech Ventures, and Blockchain Innovations Fund
CryptoSafe plans to use the funds for growth, innovation, and market expansion, focusing on research and development, market expansion, talent acquisition, enhanced customer experience, and compliance and security measures.
ProblemFinancial Services
"enhancing capital efficiency in the cryptocurrency market"
Solution
"providing a mobile application for real-time market data, portfolio management, and secure trade execution, as well as an analytical platform for advanced charting, algorithmic analysis, risk management tools, and customizable dashboards"