deblock

According to Techfundingnews, French crypto banking fintech company Deblock has completed a €30 million Series A funding round to support its expansion in Europe, with Germany set to be its next core market. The round was led by Speedinvest, with participation from CommerzVentures and Latitude, as well as existing investors 20VC, Headline, Chalfen Ventures, and Kraken Ventures.Since its launch in France in April 2024, Deblock has gained over 300,000 users. The company offers Europe’s first fully integrated banking solution: a regulated e-money institution euro account combined with a 100% self-custodied crypto wallet, allowing users to manage both fiat and digital assets on a single platform. Users can trade over 100 cryptocurrencies without restrictions and can use cryptocurrencies for everyday payments.Deblock was founded by former Revolut and Ledger executives Aaron Beck, Adriana Restrepo, Jean Meyer, and Mario Eguiluz, operating as an e-money institution under the supervision of European regulators.

French crypto banking fintech company Deblock has completed a €30 million Series A funding round to support its expansion in Europe, with Germany set to be its next core market.This round was led by Speedinvest, with participation from CommerzVentures and Latitude, as well as existing investors 20VC, Headline, Chalfen Ventures, and Kraken Ventures. Since its launch in France in April 2024, Deblock has gained over 300,000 users. The company offers Europe’s first full-chain banking solution: a regulated e-money institution euro account combined with a 100% self-custody crypto wallet, allowing users to manage fiat and digital assets on a single platform. Users can trade over 100 cryptocurrencies without restrictions and make everyday payments using cryptocurrencies. Deblock was founded by former Revolut and Ledger executives Aaron Beck, Adriana Restrepo, Jean Meyer, and Mario Eguiluz, and operates as an e-money institution under the supervision of European regulators.

ChainCatcher message, according to the ranking surge data from the Web3 asset data platform RootData, as of November 22, 17:00, Deblock has risen by 942 ranks, placing it first; Anzen has risen by 814 ranks, ranking second; Naoris Protocol has risen by 813 ranks, coming in third.Additionally, the Web3 asset data platform RootData shows that Deblock is an integrated non-custodial wallet savings account, allowing users to deposit, withdraw, spend, and exchange euros or cryptocurrencies.It is reported that RootData has launched the first "Web3 Hot Project Ranking." This popularity ranking helps users capture the real pulse of attention through 4.3 million real user behavior data, improving the accuracy of user investment decisions. The ranking is calculated in real-time based on weighted factors such as search frequency by platform users, project click rates, user votes, and the popularity and influence on the X platform.

ChainCatcher message, according to the popularity index ranking data from the Web3 asset data platform RootData, as of November 22 at 10:05, the top five projects in the Web3 popular projects Top 100 are: Morpho, Side Protocol, DeAgentAI, MemeFi, OpenLayer.Additionally, Deblock has seen the largest ranking increase, rising 908 places overall.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention and improve the accuracy of investment decisions through 4.3 million real user behavior data. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on the X platform.

ChainCatcher news, according to Sifted, based on documents submitted to the UK Companies House this month, the crypto wallet Deblock, created by former executives from Revolut and Ledger, has completed an additional £13.3 million (approximately $16.8 million) in seed funding. Another document from October shows that Headline, Hoxton, 20VC, and Chalfen are the main investors in this round of financing. Sifted previously reported that this startup quietly raised €12 million last year.It is reported that in August 2022, former Revolut cryptocurrency head Jean Meyer, payment head Aaron Beck, and former Ledger engineering head Mario Eguiliuz co-founded Deblock. Later that year, the startup poached Revolut's Chief Operating Officer for European Banking, Adriana Restrepo, to serve as its fourth founder.Deblock CEO Jean Meyer declined to comment on this round of funding. According to its website, the Deblock application is currently only available in France, where it is regulated as an electronic money institution and a digital asset service provider.According to RootData, Deblock is an integrated current account with a non-custodial wallet, allowing users to deposit, withdraw, spend, and exchange euros or cryptocurrencies.

ChainCatcher news, according to Bloomberg, Digital Currency Group (DCG) will shut down its institutional trading platform TradeBlock on May 31, which provides trading execution, pricing, and block brokerage services for institutional investors.A DCG spokesperson stated, "Due to macroeconomic conditions and the prolonged crypto winter, along with the challenging regulatory environment for digital assets in the U.S., we have decided to close the institutional trading platform business."It is reported that TradeBlock is led by Breanne Madigan, who previously worked at Goldman Sachs for 15 years and also served as Vice President of Global Institutional Markets at Ripple. (Source link)

According to Chain Catcher news, citing sources from The Block, Adriana Restrepo, the Chief Operating Officer of Revolut's European banking business, has left to join a crypto startup called Deblock, founded by Jean Meyer.It is reported that Deblock is a non-custodial crypto fiat banking service company focused on providing cash-out services for individuals holding cryptocurrencies, and it recently completed a seed funding round from venture capital firms such as Hoxton Ventures and Headline. (source link)