Cloudwall Capital: Raised $6.3m in seed funding led by LocalGlobe
- Cloudwall Capital is a risk platform technology provider for digital assets based in NYC and Singapore
- Raised $6.3m in seed funding led by LocalGlobe and Illuminate Financial to help it build the tool to bridge
- They were joined by a syndicate of investors including IA Capital Partners, Eberg Capital, and NEMO Ventures
- Building a new product, Serenity, which will provide institutional investors with the risk management insights
- Despite volatility and the collapse of stablecoins such as UST, institutional engagement with crypto
- As blockchain technology encroaches further into economy, including tokenization of more traditional assets
