Bizexcrypto raised $4.5 million from liberty city ventures

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Crypto Regulation
DCG and Barry Silbert hit with securities lawsuit 

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

To recap, BizexCrypto 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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Adam Smith

Adam Mary is a crypto enthusiast and a graduate of The University of Nairobi in economics. Adam’s passion brings her back to her elementary school years as a poet. She enjoys discussing blockchain technology and is committed to producing original content. Adam also covers other rapidly developing markets and economic and cryptocurrency studies.