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Welsh Startup Coincover Raises $9.2M To Deliver Military Grade Security For Your Crypto Assets

Welsh Startup Coincover Raises $9.2M To Deliver Military Grade Security For Your Crypto Assets

07/08/21, 8:34 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/GB.svgcardiff
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.

Company Info

Company
Coincover
Location
cardiff, wales, united kingdom
Additional Info
Coincover: The Safety Standard for Crypto. Insurance backed cryptocurrency protection platform.