Parfin Successfully Secures $10 Million Series A Funding to Expand Its Influence in the Cryptocurrency Infrastructure Sector
Publication Time:2024-08-14 22:01:07
Parfin, a company specializing in cryptocurrency infrastructure, announced the successful completion of the first phase of its Series A funding round, raising $10 million. This marks Parfin's continued growth in the crypto space and its commitment to technological innovation. The company intends to use this capital to further develop its solutions in the cryptocurrency infrastructure domain, meeting the growing market demand. In this round, ParaFi Capital led the investment, while Framework Ventures, L4 Venture Builder, and Núclea participated as co-investors. According to Parfin's statement, the company has raised a total of $38 million so far. Parfin anticipates securing an additional $16 million in the second round of its Series A funding, accelerating its expansion and innovation in the cryptocurrency infrastructure sector. Through this funding, Parfin aims to solidify its position as a leader in the cryptocurrency infrastructure market, while also driving the development of the entire cryptocurrency ecosystem.
Series A funding
cryptocurrency infrastructure
Parfin
ParaFi Capital
Cryptotechnology