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Deblock, a cryptocurrency wallet created by former Revolut and Ledger executives, has completed approximately $16.8 million in seed funding

2024-11-21 10:07

According to Sifted, according to documents submitted by the UK Companies Registry this month, the cryptocurrency wallet Deblock, created by former Revolut and Ledger executives, has completed an additional seed round funding of £ 13.3 million (approximately $16.8 million). Another October document shows that Headline, Hoxton, 20VC, and Chalfen were the main investors in this round of financing. Sifted previously reported that the startup quietly raised 12 million euros last year. It is reported that in August 2022, former Revolut cryptocurrency director Jean Meyer, payment director Aaron Beck, and former Ledger engineering director Mario Eguiliuz co founded Deblock. Later that same year, the startup poached Adriana Restrepo, Chief Operating Officer of Revolut's European Banking business, to become its fourth founder. Deblock CEO Jean Meyer declined to comment on this round of financing. According to its website, the Deblock application is currently only available in France, where it is regulated by electronic currency institutions and digital asset service providers.

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