What is Coincover?
Founded in 2018 and headquartered in Cardiff, United Kingdom, Coincover has established itself as a cornerstone of trust in the cryptocurrency industry. By partnering with the world's leading digital asset solution providers, the company delivers comprehensive security and assurance services. Its platform is engineered to protect a diverse clientele, ranging from individual investors and professional traders to large-scale fund managers and corporate entities. Through its innovative approach to asset protection, Coincover addresses the fundamental challenges of custody and security, effectively bridging the gap between traditional financial safety standards and the decentralized nature of blockchain technology.
How much funding has Coincover raised?
Coincover has raised a total of $39.2M across 2 funding rounds:
Series A
$9.2M
Other Financing Round
$30M
Series A (2021): $9.2M with participation from CMT Digital, Avon Ventures, Susquehanna Growth Equity, Volt Capital, Element Ventures, DRW Venture Capital, FinTech Collective, Development Bank of Wales, Valor Equity Partners, and Insurtech Gateway
Other Financing Round (2023): $30M led by Avon Ventures, Foundation Capital, and Volt Capital
Key Investors in Coincover
Foundation Capital
Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.
Volt Capital
Volt Capital is a venture capital firm operating in the private equity space, focusing on high-growth technology ventures with a specialized interest in the evolving blockchain and digital asset landscape.
CMT Digital
CMT Digital is a global venture capital firm specializing in early-stage investments that promote the adoption of blockchain technology, leveraging deep expertise in regulated markets and Web3 infrastructure.
What's next for Coincover?
Following this major strategic investment, Coincover is well-positioned to accelerate its product development and expand its global footprint. The company's roadmap likely involves deepening its integration with institutional-grade custody solutions and enhancing its proprietary security protocols to counter evolving cyber threats. As the regulatory landscape for digital assets matures, Coincover's focus on providing verifiable assurance will be instrumental in driving mainstream adoption. By leveraging its strong investor backing, the firm is poised to scale its operations, ensuring that the infrastructure supporting the global digital economy remains resilient, secure, and scalable for the next generation of financial participants.
See full Coincover company page
