Crypto asset financial services provider Scrypt raises $5M in strategic funding to expand operations and development efforts
Swiss-based crypto asset financial services provider, Scrypt, has secured $5 million in strategic funding from Braza Bank, Funfair Ventures, Cabrit Capital, and Atlantic Labs. The funds will be used to expand operations and development efforts. Scrypt, which was founded in 2020 by Norman Wooding and Sylvan Martin, offers a range of institutional-grade crypto services, including trading, custody, and staking for institutions and Web3 companies. The company has over 200 institutional clients and recently received regulatory approval from the Swiss Financial Market Supervisory Authority to launch asset management solutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Caroline Ellison Faces Sentencing Today in FTX Fraud Case
In court, Ellison’s lawyers stressed her remorse and acceptance of responsibility, noting the emotional toll from Bankman-Fried’s behavior.
SEC Sues Green United for Alleged Crypto Mining Fraud
The SEC also claims that the devices sold were actually Bitcoin mining rigs, but none of the investors ever received Bitcoin either.
BTC price support at $62K must hold if Bitcoin bears step in — Traders
Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation