3 years ago

Coincover Secures $30 Million to Bolster Crypto Security

  • Coincover, a UK-based digital asset protection technology company, has raised $30 million in funding led by Foundation Capital

  • The company plans to use the funds for recruitment, product updates, and partnerships to protect the crypto ecosystem

  • Coincover already works with over 300 businesses, including exchanges, wallets, hedge funds, family offices, and banks.

      • ProblemTechnology

      "Cryptocurrency businesses are vulnerable to malicious activity and loss of funds. Existing security solutions are not robust enough to protect against these threats."

      Solution

      "Coincover provides military-grade encryption technology that safeguards digital assets. This technology prevents, compensates, and protects against crypto threats, helping businesses build trust and protect their clients."

      Covered on