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TechFlow, Feb. 18 — According to Bloomberg, cryptocurrency security firm Blockaid announced it has raised $50 million in a Series B funding round led by Ribbit Capital, with participation from GV (formerly Google Ventures), Variant, and Cyberstarts.
Amid rising digital asset markets and increasing cybercrime risks, Blockaid plans to use the funds to more than double its team this year to meet growing demand for fraud prevention services.
According to Bloomberg, cryptocurrency security firm Blockaid announced on February 18 that it has raised $50 million in a Series B funding round led by Ribbit Capital, with participation from GV (formerly Google Ventures), Variant, and Cyberstarts. Against the backdrop of a rising digital asset market and increasing cybercrime risks, Blockaid plans to use the funds to more than double its team size this year to meet growing demand for fraud prevention services.
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