- The latest financial injection from the crypto custodian is impressive. With 550 million US dollars, the company has gained another thick capital cushion.
- In addition to existing investors, the donors included, for example Gen.Atlantic and the venture capital company CapitalG, subsidiary of the Google parent company alphabet.
- The last round of funding in the summer of last year propelled Fireblocks to an enterprise value of around $2 billion. Accordingly, the digital asset manager was able to almost quadruple its value within half a year.
- With the latest round of funding, the company has raised over $1 billion in capital since its inception in 2018.
- Fireblocks is a service provider that helps other companies in the industry with custody of digital assets.
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