What does Blockrise do?
Blockrise is a regulated crypto asset management startup that offers secure bitcoin services for private individuals, corporate clients, and institutional investors, focusing on robust security and regulatory compliance.
How much did they raise?
The company secured €2M in Seed funding. Although the backers were not disclosed, the round highlights a commitment to boosting its overall service infrastructure.
What are their plans for the money?
Blockrise plans to use the funds to accelerate its product development, scale the team, and broaden its business reach. This initiative is expected to strengthen its position as it adapts to the forthcoming European Markets in Crypto-Assets Regulation.
What have they achieved so far?
The company is actively preparing for the implementation of new crypto regulations and is in the process of obtaining a forthcoming licence, which will further enhance its service capability and compliance.