Cryptocurrencies

BNY-Backed Crypto Platform Fireblocks Seals Unicorn Status

  • Fireblocks series D round values the company at $2 billion
  • Sequoia Capital, Coatue, SCB 10X, Stripes among investors
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Fireblocks has raised $310 million in a series D round that values the digital-asset platform at $2 billion, sealing its status as a unicorn.

The latest funding round is co-led by Sequoia Capital, Stripes Group, Spark Capital and Coatue Management, as well as DRW Venture Capital and SCB 10X, the venture arm of Thailand’s Siam Commercial Bank Pcl. Bank of New York Mellon Corp. and SVB Capital are among Fireblocks’ existing backers.