TechFlow news, October 28 — According to Bloomberg, Dmitry Tokarev, founder of cryptocurrency custody provider Copper Technologies Ltd., is launching a new company called Bron Labs, aiming to address the growing security risks associated with self-custody of digital assets.
Bron Labs is a self-custody platform designed to provide consumers and professionals with enhanced security protections previously available only to large enterprises. Tokarev said that earlier this year, Bron Labs raised about $15 million from around 140 friends, family members, and other individual investors, including institutional backers such as LocalGlobe, Fasanara Digital, and GSR.
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