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Institutional Crypto Brokerage Nonco Secures $10M Of Aggregate New Capital In Seed Round, Led By Valor Capital Group And Hack Vc

Dec 11, 2023about 2 years ago

Amount Raised

$10 Million

Round Type

seed

MiamiFinancial Services

Investors

Libra Capital VenturesBastion TradingTheta CapitalLvna CapitalCmccBullishMorgan Creek DigitalHack VcValor Capital Group

Description

Nonco, an institutional digital asset brokerage firm, announced the close of its seed round today, in which it received a total of $10m of aggregate new capital. The seed round was a combination of equity and convertible notes, the round was led by Valor Capital Group and Hack VC. Other participants in the round include Morgan Creek Digital, Bullish, CMCC, Lvna Capital, Theta Capital, Bastion Trading, Libra Capital Ventures, and other high profile investors. The capital will be used by Nonco to continue its growth and serve the Americas growing institutional demand.

Company Information

Company

Nonco

Location

Miami, Florida, United States

About

A nonconformist and unconventional digital asset brokerage firm that aims to set a new industry standard by placing technology and service at the forefront of everything we do.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech