News

EU-based digital assets platform Finoa inks $22M Series A funding led by Balderton Capital

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Institutions need to keep their crypto assets somewhere. And they aren’t going to keep it on some random, or consumer-grade crypto operation. This requires more sophisticated technology. Furthermore, being in the EU is going to be a key barrier to entry for many US or Asia-based operations.

Thus it is that Berlin-based digital asset custody and financial services platform
Finoa, has closed a $22 million Series A funding round, to do just that.

The round was led by Balderton Capital, alongside existing investors Coparion, Venture Stars and Signature Ventures, as well as an undisclosed investor.

https://techcrunch.com/2021/04/28/eu-based-digital-assets-platform-finoa-inks-22m-series-a-funding-led-by-balderton-capital/