Dublin, Ireland – Unchained, a leading financial services provider for Bitcoin (BTC) holders, has just announced a successful $60 million Series B funding round. The round was led by Valor Equity Partners, a Chicago-based venture capital firm that has previously invested in companies such as SpaceX and Tesla. Other notable participants in the funding round include NYDIG, Trammell Venture Partners, Ecliptic Capital and Highland Capital Partners.
Unchained is a platform that provides financial services to individuals and businesses that hold Bitcoin. The platform offers a range of services, including lending, trading and custody. Unchained’s services are designed to help Bitcoin holders access liquidity and manage their digital assets more effectively. With the recent funding round, Unchained plans to expand its services and reach a broader audience of Bitcoin holders.
In recent years, Bitcoin has become an increasingly popular investment option for individuals and businesses. As the value of Bitcoin has risen, so too has the demand for financial services that cater to Bitcoin holders. Unchained is one of the leading providers of these services, offering a range of solutions that are designed to meet the needs of Bitcoin investors.
The $60 million funding round is a significant milestone for Unchained, and it highlights the growing interest in Bitcoin and digital assets. The funding will allow Unchained to expand its services and reach more customers, which is critical as the demand for Bitcoin-related financial services continues to grow.
Valor Equity Partners, the lead investor in the funding round, is a well-respected venture capital firm that has a track record of investing in innovative companies. The firm’s investment in Unchained is a testament to the platform’s potential and the growing importance of Bitcoin in the financial world.
Overall, the $60 million Series B funding round is a significant development for Unchained and the wider Bitcoin community. The funding will allow Unchained to expand its services and reach more customers, which is critical as the demand for Bitcoin-related financial services continues to grow. With the support of its investors, Unchained is well-positioned to continue its growth and become a leading provider of financial services for Bitcoin holders.