Abu Dhabi Further Ventures Leads Series A Round in French-Developed Crypto Wallet

BTCC / BTCC Square / Global Cryptocurrency /

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2025-01-15 19:52:12

Abu Dhabi Further Ventures has led a Series A funding round for DFNS, a French-developed crypto wallet startup. The investment will be used to accelerate the development of DFNS's wallet creation solution, which is based on MPC (Multi-Party Computation) technology. The funding round also saw participation from White Star Capital, Hashed, Semantic, Techstars, and Bpifrance. DFNS, which was launched in 2020 and has offices in Paris and New York, has already raised €13 million ($12 million) in 2022. The company claims over 130 customers, including major financial institutions like Fidelity, Zodia Custody (Standard Chartered’s crypto subsidiary), and Stripe, which recently acquired Bridge.

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