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Trustology Raises $8 Milllion In Venture Funding

by businessinsider.com posted 1month ago 15 views
Venture firm Two Sigma and blockchain company ConSensys have invested $8 million into digital-asset custody provider Trustology. The startup tackles one of the key challenges in cryptocurrencies: safely holding digital assets in a way that protects them from thieves but also allows the rightful owner to get quick and easy access. The funds will be used to develop new products, move into additional asset classes, and expand internationally. A company looking to solve one of the biggest pain-points in crypto just raised $8 million from two heavyweights.

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