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Startup Solidus Labs, which specializes in monitoring market manipulations in the crypto industry, has closed its $45 million Series B funding round. If you haven’t read our news
Startup Solidus Labs, which specializes in monitoring market manipulations in the crypto industry, has closed its $45 million Series B funding round.
If you haven’t read our news yet, yesterday we announced our $45 million Series B funding round. CEO @AsafMeir and @giancarloMKTS shared the news privately @Forbes Crypto’ @ninabambysheva: https://t.co/pAYGYZXQwc pic.twitter.com/NlEWydQAOi
— Solidus Laboratories (@Solidus_Labs) May 13, 2022
The tour was led by Liberty City Ventures and was attended by the ex-president of Evolution Equity Partners, Declaration Partners. OSS Brian Brooks and former president CFTC Christopher Giancarlo.
The funds raised will be used to increase the number of financial partners and new research and development. Since the start of 2021, the start-up team has quadrupled.
Former Goldman Sachs bankers founded Solidus Labs in 2018. They believe that the lack of appropriate controls and risk mitigation tools are the main barriers to mass adoption of cryptocurrencies.
Recall that in November 2021, Solidus Labs attracted $15 million of strategic investment.
In May of that year, startup FTX closed its $20 million Series A funding round backed by NYDIG and others.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
