BNY Mellon joins $133M funding round for Bitcoin custody firm Fireblocks

posted 6 months ago
Bank of New York Mellon has invested in Fireblocks, a startup that specializes in cryptocurrency safekeeping. The bank's investment is part of a $133 million funding round.

The bank is preparing to offer cryptocurrency custody services—storing and handling funds on behalf of customers—for the first time later this year. It's the world's largest custodian, looking after $41 trillion in client assets.
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