Cardiff-based digital asset protection technology venture Coincover has secured a $30m (£25m) equity investment boost to support its expansion plans.
In one of the biggest ever investment rounds into a Welsh start-up, the latest injection of growth capital into Coincover has been led by Silicon Valley-based investor Foundation Capital. The fresh capital will accelerate recruitment, product updates, and partnerships to safeguard the crypto ecosystem. Each year around $3bn of crypto is hacked and stolen.
Coincover provides businesses, infrastructure providers, and consumers products that protect them from both hackers and human error.
