We’re pleased to share the news that Coinfirm, the global leader in RegTech for digital currencies and the blockchain-based financial ecosystem, has closed its Series A funding round of USD $8 million. The company also welcomed Dr. Mircea Mihaescu as its new Chief Executive Officer. The Series A is co-led by SIX Fintech Ventures, the corporate venture arm of SIX, and FiveT Fintech, followed by MiddleGame Ventures. Mission Gate and CoinShares also participated in this round.
The investment will enable Coinfirm to continue its rapid growth trajectory and strengthen its market-leading position in the EU as well as enabling the company to expand its offering to the Asian and US markets. The funding will especially strengthen the firm’s enterprise and financial institution offering, to complement its strong offering for crypto market participants.
Alexander Christen, CEO of FiveT Fintech will join MiddleGame Ventures’ Pascal Bouvier, and Dr. Mircea Mihaescu on Coinfirm’s Board of Directors.
Read more about the investment here.