Dfns Closes USD 16mln Financing from ADQ to Expand Crypto Wallet Infrastructure » World Business Outlook
Dfns, the leading wallet-as-a-service platform for crypto assets, has successfully closed a USD 16 million Series A, led by Further Ventures, the venture arm of Abu Dhabi’s largest sovereign wealth fund, ADQ. This round also saw participation from historic investors such as White Star Capital, Hashed, Semantic, Techstars, and Bpifrance, alongside new backers including Motive Partners, Wintermute, and Motier Ventures.
Our Institutional Focus Paid Off
Two years ago, Dfns made a strategic up-market move focusing mainly on institutional clients. The company’s vision has remained steadfast: institutional investors hold the key to driving crypto adoption as they have the lion’s share of the global liquidity. To appeal to…
