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Curv Raises $23M Series A Round; Launches tX to Accelerate Institutional Adoption of Digital Assets

Jul 01, 2020•about 5 years ago

Amount Raised

$23 Million

Round Type

series a

New York

Description

Today Curv, the world's most trusted digital asset security infrastructure, announced it raised $23M in Series A funding with investment from CommerzVentures, Coinbase Ventures, Digital Currency Group, Team8 and Digital Garage Lab Fund. The company also officially made public tX -- an elite group of cryptographers and engineers who use Curv's keyless technology to develop flexible deployment models for both crypto-native and traditional financial institutions. The funds will be used to continue Curv's strong international growth, for new solutions inside tX, product innovations, and hiring of top talent.

Company Information

Company

Curv

Location

New York, New York, United States

About

Curv is the world's most trusted digital asset security infrastructure that is delivered as a fully scalable, enterprise-grade and compliant cloud service. Curv's multi-party computation (MPC) technology simultaneously provides institutions the protection, instant availability, and total autonomy over digital assets required to thrive in the digital economy. The company is the only cloud-based, MPC wallet provider for institutional digital assets and the first of its kind to achieve SOC2 Type II Certification. Curv also provides additional peace of mind by insuring up to $50M of digital assets backed by Munich Re, the only Internet-connected crime insurance policy to date and one of the largest policies in the market. Curv is swiftly being adopted by leading exchanges, custodians, OTC desks, brokers, traditional financial institutions and digital asset managers. Founded in 2018, Curv is headquartered in New York with R&D offices in Tel-Aviv, Israel. For more information, visit https://www.curv.co.  

Funding Insights

Based on industry data
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