Argo Blockchain will retain a 25% stake in the crypto investor and technology incubator after leading its latest round.

Blockchain technology producer Argo Blockchain invested roughly $10m yesterday to lead a funding round for UK-based blockchain technology and venture capital startup Pluto Digital Assets sized at about $40m.

The round also featured Pires Investments and Riverfort Global Opportunities, and Argo has retained a stake in Pluto Digital sized at approximately 25%, having acquired it by investing an undisclosed amount in February this year.

Pluto Digital Assets was formed to incubate, invest in and support decentralised finance, technology and networks…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.