Securrency Pulls in $17.75M During Successful Series A
Securrency has just announced the successful completion of their Series A – marking a continuance of a recent trend among blockchain oriented companies.
This capital generation event will see the funds raised put to good use, as Securrency indicates that it is earmarked for, not only developing strategic partnerships, but the fine tuning of their suite of services, as well.
In total, Securrency raised $17.75M from 6 leading participants. Those participants which believe in what Securrency is trying to achieve are as follows:
- WisdomTree Investments
- Abu Dhabi Investment Office
- RRE Ventures
- Strawberry Creek Ventures
- Pantera Capital
- Monex Group
Upon announcing the completion of this event, various representatives from each, Securrency and the six aforementioned companies, took the time to comment. The following is what Securrency CEO, Dan Doney, had to say.
“Securrency recognized early on that global liquidity for digital securities will result from validated identity and multi-jurisdictional compliance, and that a convenient framework for universal interoperability would unlock the power of blockchain technology in the financial markets…We have been building over the past several years a unique framework that is not restricted to one blockchain or platform in order to allow for the remarkable innovations across this space to come together in a way that encourages the major institutions, market makers, and other market players to swiftly and confidently transition into this new technological paradigm.”
He then continued by commenting on the company which spearheaded the raise – WisdomTree.
“WisdomTree has a well-deserved reputation as an innovator within financial services, and we are thrilled to have them as our lead investor…WisdomTree has truly exciting applications for our technology. Our partnership with WisdomTree will allow us to demonstrate unique features of our technology, specifically our Compliance Aware Token framework and multi-ledger capabilities.”
Speaking with Patrick
Roughly one year ago, we had the pleasure of completing an exclusive interview with Securrency CSO, Patrick Campos. Make sure to check out this discussion to learn more about what it is that Securrency does, and to illustrate how far they’ve come in the time since.
Interview Series – Patrick Campos, CSO of Securrency
Based in United States, Securrency is a young company working towards facilitating the future of finance and value transfer. The team behind the project states that their mission is to ‘enhance capital formation and stimulate global liquidity by deploying state-of-the-art technology that is convenient, efficient, and interoperable.’
CEO, Dan Doney, currently oversees company operations.
In Other News
As we stated upon beginning this article, the completion of Securrency’s Series A is simply the latest in a trend of similar events. The following are a few examples of other blockchain oriented companies which have announced similar achievements in the past few months.
Upvest Secures €7 Million in Successful Series A
The Future is Bright for Bison Trails as Series A Nets $25.5M