Digital asset custody firm CloudTech has secured a significant $14 million Series A funding round, propelling its development of robust digital asset custody solutions. This investment, primarily fueled by Bitcoin and USDT contributions, reflects growing institutional interest in secure, regulated cryptocurrency services. 💰
The funding will support the launch of an institutional-grade financial ecosystem, utilizing blockchain technology to provide secure storage for crypto assets. 🔐
CloudTech, founded in 2021 and headquartered in Melbourne, Australia, has already garnered $14 million in Series A capital. This funding is expected to solidify its position as a leader in the digital asset space.