The digital asset technology provider boosted its valuation to over $2bn in a round co-led by Siam Commercial Bank’s SCB 10X vehicle.

Financial services firm Siam Commercial Bank’s corporate venturing unit, SCB 10X, co-led a $310m series D round yesterday for Fireblocks, the US-headquartered developer of an asset transfer network.

The round was co-led with DRW Venture Capital, the venture capital arm of principal trading firm DRW, as well as Sequoia Capital, Stripes, Spark Capital and Coatue Management. It valued the company at $2.2bn according to TechCrunch.

Fireblocks has built a cloud software platform which allows organisations to safely transfer digital assets…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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