Welsh Startup Coincover Raises $9.2M To Deliver Military Grade Security For Your Crypto Assets
07/08/21, 8:34 AM
Location
cardiff
Money raised
$9.2 million
Ever since the mysterious Satoshi Nakamoto introduced Bitcoin and blockchain whitepaper, cryptocurrency took the world by storm. However, an estimated 20 percent of bitcoin, and no one knows how much other altcoins, were lost to theft, human errors, and infrastructure failures. Cardiff-based crypto security startup Coincover aims to tackle such issues. The Welsh firm is building the world’s safety standard for cryptocurrency and has now raised £6.67 million ($9.2 million) in a Series A funding round.