Thursday, September 29, 2022

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Cloudwall Capital: Raised $6.3m in seed funding led by LocalGlobe

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

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