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A16z-Backed Crypto Firm Eco Raises $60 Million in Funding Round

  • Activant Capital, L Catterton lead latest fundraising series
  • All-in-one digital wallet firm attracted $26 million in March

Eco, a crypto-wallet company backed by a16z, raised $60 million in its latest funding round after taking in $26 million through an offering in March.

The fundraising was led by Activant Capital and L Catterton, with many of Eco’s existing investors participating, including a16z Crypto, according to a statement. New investors include Lightspeed Venture Partners, LionTree Partners and Valor Equity Partners.