ICYMI: Prime Trust raises $107 million to add new crypto products
The new funds will be used to expand into new product offerings, including wealth products.
Investors included FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund, Gaingels, GateCap Ventures and Seven Peaks Ventures, according toPrime Trust serves nearly 700 fintech and digital asset clients, including some crypto largest startups like Dapper Labs and Binance US.
“This strategic investment will provide critical operational expertise to further scale Prime Trust into new offerings,” said Prime Trust CEO Tom Pageler, “including wealth products, as well as web3 and DeFi products.”
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