• Securrency has raised $30 million in a Series B round from State Street, U.S. Bank, WisdomTree Investments, Abu Dhabi Catalyst Partners Limited (ADCP) and others
  • With the Series B, Securrency now has $64.5 million in total funding

Securrency, a blockchain-based financial and regulatory technology firm, has raised $30 million in a Series B round from State Street, U.S. Bank, WisdomTree Investments, Abu Dhabi Catalyst Partners Limited (ADCP) and others. 

Monday’s announcement follows Securrency’s $17.75 million Series A raise in early 2020, which was led by WisdomTree. 

“We believe the Securrency team is uniquely suited to lead in blockchain-based fintech and regtech going forward,” said Jonathan Steinberg, WisdomTree Founder and CEO in a statement. “Our ongoing financial commitment reaffirms the strength of our support.”

Securrency focuses on bringing crypto compliance tools to banks and financial institutions. The Washington, D.C-based firm plans to expand into decentralized finance and other areas with the new capital. 

“Blockchain technology will be a vital part of the interconnected and interoperable future of global finance, but a truly viable system must connect the full panoply of financial services and systems to digital assets infrastructure,” said Dan Doney, Securrency co-founder and CEO in a statement.

The company also applied for licenses to expand offerings to international finance center Abu Dhabi Global Market (ADGM). With the Series B, Securrency now has $64.5 million in total funding, according to data from Crunchbase.

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    Casey Wagner is a New York-based business journalist covering regulation, legislation, digital asset investment firms, market structure, central banks and governments, and CBDCs. Prior to joining Blockworks, she reported on markets at Bloomberg News. She graduated from the University of Virginia with a degree in Media Studies. Contact Casey via email at [email protected]