Bitrealm raised $4.5 million from liberty city ventures

Crypto Regulation
DCG and Barry Silbert hit with securities lawsuit 

Bitrealm closed a $4.5 million Series B funding round.

The round was led by Liberty City Ventures with participation from Evolution Equity Partners, Declaration Partners, former OSS CEO Brian Brooks and former CFTC Chairman Christopher Giancarlo.

The funds raised will be used to increase the number of financial partners and new research and development.

The founders of Bitrealm believe that the lack of proper controls and risk mitigation tools are major barriers to mass adoption of cryptocurrencies.

To recap, Bitrealm raised $15 million in strategic investment in November.

In May of that year, the startup closed a $20 million Series A funding round backed by FTX, NYDIG and others.

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Megan Sheets

Megan is an adventurous person who likes to explore topics in-depth and learn new things each day. His passion lies in gaining knowledge to help transform the world through his writing skills. He also believes in blockchain technology and its potential to usher in a cashless society. Currently, he is pursuing a Computer Science Bachelor’s degree driven by his fascination with emerging technologies. He has writing experience of about three years in different fields and two in blockchain technology.