Silicon Valley VCs and BNY Mellon announce $170 million investment in Fireblocks for Bitcoin custody
The global crypto market cap is $1.78 trillion with a 24-hour volume of $128.42 billion. The price of Bitcoin is $58,076.97 and the BTC dominance is at 60.9%.
Author: José Oramas
The Bank of New York Mellon, known as BNY Mellon, is one of several investment firms investing in Fireblocks, a startup platform for digital asset custody. Fireblocks will raise $170 million in its Series C venture capital investment, according to Forbes.
BNY Mellon plans to use Fireblocks’ technology for its custodian services, in an attempt to embrace and offer custodial services to its clients.
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