Bitcoin financial services provider unchainedcap has raised $60 million in a new funding round led by Valor Equity Partners with NYDIG among the participants. BrandyBetz reports
Unchained Capital has completed a $60 million Series B funding round led by Valor Equity Partners and including crypto asset-management giant NYDIG, the company said in a press release Tuesday.
It's a notably large fundraise given the extent of the crypto bear market that in the first third of 2023 is only beginning to show signs of turning around. Unchained itself wasn’t immune to the pressures of crypto winter, havingAustin, Texas-based Unchained offers a collaborative custody solution that shares control of a user’s bitcoin between a private key the user holds and private keys held by Unchained and other financial services providers.
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