Unchained Capital, a financial services provider based in Texas, has successfully secured $60 million in a Series B funding round. The funding was led by Valor Equity Partners, and other investors such as NYDIG, Ecliptic Capital, Highland Capital Partners, and Trammell Venture Partners also participated in the round. Unchained Capital offers a safer way for Bitcoin holders to store their assets compared to centralized exchanges or single key solutions. Instead, they use a custody model that takes advantage of the native multi-signature capabilities of the Bitcoin network.
With this approach, Unchained Capital currently secures over $2 billion in Bitcoin globally across thousands of keys. The funding will help Unchained Capital expand its client base and product offerings, allowing new Bitcoin investors to adopt a safer collaborative custody model instead of relying on centralized custodians. This move will give the company a competitive edge and position it as a more reliable and secure option in the financial services industry.
