Securrency, a blockchain-focused infrastructure firm, has raised $30 million in its Series B funding round. According to a press release, the company raised funds from WisdomTree Investments, U.S. Bancorp, Abu Dhabi Catalyst Partners Limited (ADCP), State Street, and many others. The company says that with the investment, it plans to continue its expansion further in 2021.
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Securrency CEO, Dan Doney, notes that the blockchain technology will be a "vital part of the interconnected and interoperable future of global finance." However, he says a viable system must connect the full panoply of financial services and systems.
"In the coming year, we will continue to work closely with our strategic partners and to, simultaneously, deliver compliant decentralized finance (DeFi) and other powerful products into the market in keeping with our mission to optimize financial logistics," Doney emphasizes.
As iHodl previously reported, asset manager WisdomTree filed an application with the US Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund (ETF).
It is expected that WisdomTree Bitcoin Trust's share price will be calculated according to the CME CF Bitcoin Index, which includes the price of bitcoin (EXANTE: Bitcoin) on major spot trading platforms.
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