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Crypto Security Company Fireblocks Raised $30M Through Series B Funding, Total Funding Reached $46M

Mary Liu

Summary: Crypto security company Fireblocks announced that it has raised $30 million in Series B financing. This round is led by venture capital firm Paradigm. Other investors include Galaxy Digital, Digital Currency Group, Swisscom, Cyberstarts, Tenaya Capital, and Cedar Hill Capital. As part of the investment, Paradigm co-founder Fred Ehrsam joined the Fireblocks board of directors. ...

Crypto security company Fireblocks announced that it has raised $30 million in Series B financing. This round is led by venture capital firm Paradigm. Other investors include Galaxy Digital, Digital Currency Group, Swisscom, Cyberstarts, Tenaya Capital, and Cedar Hill Capital. As part of the investment, Paradigm co-founder Fred Ehrsam joined the Fireblocks board of directors. Fireblocks' total financing has reached $46 million.

Fireblocks helps institutional clients (such as exchanges, over-the-counter trading, and hedge funds) to safely exchange assets, the new funds will be used to expand team and infrastructure, the company also plans to explore innovations in digital payments, banking, and transactions in other related areas.

By Mary Liu

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