Institutional Crypto Brokerage Nonco Secures $10M Of Aggregate New Capital In Seed Round, Led By Valor Capital Group And Hack Vc
Dec 11, 2023•about 2 years ago
Amount Raised
$10 Million
Round Type
seed
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.
Funding Insights
Based on industry dataVC-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