Crypto custody firm Curv raises $23M in funding

posted 4 months ago
Curv, a startup that provides crypto custody services to institutions, recently brought in $23 million during a funding round, drawing investment from industry players such as Digital Currency Group, Coinbase Ventures and CommerzVentures.

The company, which offers a unique multi-party computation (MPC) security solution that eliminates the need for keys, also announced the existence of tX, a group of cryptographers and other technologists who will leverage Curv’s keyless solutions to create deployment models that can be used by both traditional and crypto-focused financial institutions. Curv indicated it plans to use the funds raised to pursue multiple objectives, including hiring staff, fueling expansion and supporting the development of new products.
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