finoa

According to CoinDesk, cryptocurrency custody institution Finoa has integrated Centrifuge's Anemoy tokenized treasury bond fund into its custody wallet system.It is reported that Finoa is a cryptocurrency custody company licensed by the German regulatory authority BaFin. Anemoy was established and regulated in the British Virgin Islands, focusing on large DeFi investors, DAO treasuries, and stablecoin protocols.

Cryptocurrency custody and staking service provider Finoa has completed a $15 million financing round, led jointly by Maven 11 Capital and Balderton Capital, with participation from Blue Bay Ventures, Signature Ventures, Coparion, and Venture Stars.Christopher May, co-founder and co-CEO of Finoa, stated that this equity financing round began in June last year and concluded in December.Finoa initially aimed to raise $5 to $6 million in this round from existing investors, but considering the interest from external investors in the company's recent return to profitability, it ultimately raised more funds.This strategic financing round comes nearly three years after Finoa raised $22 million in Series A funding in April 2021. Given the challenging market conditions last year, Finoa did not pursue a large Series B financing but opted for a smaller strategic financing to achieve growth. A source familiar with the matter indicated that the valuation for this round of financing remains unchanged at $100 million, consistent with Finoa's Series A valuation in 2021.

The cryptocurrency custodian Finoa has received three license approvals from the Federal Financial Supervisory Authority (BaFin) in Germany, including custody license approval, broker-dealer license approval, and proprietary trading license approval.In addition, Finoa has completed a strategic venture capital investment led by new investor Middlegame Ventures, with existing investors including Balderton Capital, Coparion, Venture Stars, and Signature Ventures. Finoa has not disclosed the specific amount of financing.According to reports, Finoa completed a $22 million Series A financing in 2021, led by Balderton Capital. (CoinDesk)

According to ChainCatcher, the digital asset custody and financial services platform has completed a $22 million Series A financing round. This round was led by Balderton Capital, with participation from existing investors Coparion, Venture Stars, and Signature Ventures, as well as undisclosed investors.It is reported that the platform has preliminarily obtained a cryptocurrency custody license, supervised by the Federal Financial Supervisory Authority of Germany (BaFin). (Source link)