Digital asset ecosystem developer Curv extends its Series A round

Digital asset security officer Curv has extended its Series A round, with contributions coming from Franklin Templeton and Illuminate Financial Management.

The FinTech previously secured $23m in its initial Series A funding back in July from investors including CommerzVentures, Coinbase, Digital Currency Group, Team8 and Digital Garage.

It is not clear how much extra capital the company has raised.

Curv is building traditional and crypto-native demand for digital assets via a multi-party computation security technology. It claims to drive adoption of traditional institutional and crypto native demand for digital assets via its technology that enables users to safely transfer, store and manage assets.

The platform enables the safe transfer, storage and management of digital assets on a blockchain or distributed ledger technology platform.

Franklin Templeton chief risk and transformation officer Joe Boerio said, “Curv’s cloud-based service and tech stack eliminates the concept of private keys through multi-party computation (MPC), allowing for blockchain transaction signing in a secure, distributed way to protect against cyber breaches and insider collusion.

“We are excited to participate in Curv’s journey as it sets a new standard for digital asset security and scales its business across major financial institutions across the globe.”

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