Coincover, a Cardiff-based digital asset protection provider, has raised $30m
In Brief:
Founded in 2018, Coincover is the first and only service to guarantee digital funds will not be lost or stolen
Coincover already works with more than 300 businesses, from exchanges and wallets to hedge funds, family offices, and banks
The new funding, Coincover claims, will go towards recruitment, product updates and building partnerships
What does this mean?
Coincover co-founder David Janczewski said, “In the wake of a challenging year for the crypto market, Coincover is in high demand, as businesses and consumers scramble to safeguard their digital assets. Through this new funding, we can supercharge our service for all existing and future customers – building a better and more mature digital asset ecosystem in the process.”