Deblock Raises $35 Million to Drive European Crypto Banking Expansion

Deblock, a pioneering cryptocurrency banking platform, has secured a significant $35 million Series A funding round, marking one of the largest investments in a crypto banking startup this year. This injection of capital positions Deblock to make waves in the rapidly growing digital asset space as it targets key European markets. The funding is led by Speedinvest, with participation from Shapers and Kraken Ventures, highlighting the increasing mainstream acceptance of crypto-based financial services.