Abu Dhabi-Backed VC Firm Invests in Crypto Tech Startup Dfns [Yahoo! Finance]
INTESA SANPAOLO S/ADR (ISNPY)
NASDAQ:AMEX Investor Relations:
group.intesasanpaolo.com/scriptisir0/si09/investor_relations/eng_wp_investor_relations.jsp
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Source: Yahoo! Finance
Most Read from Bloomberg These Homes Withstood the LA Fires. Architects Explain Why A Blueprint for Better Bike Lanes What Robotaxis Brought San Francisco Other investors in the round include market maker Wintermute, Motive Partners, Bpifrance and Motier Ventures, the family office of the owners of the Galeries Lafayette Group, Dfns said in a statement on Tuesday. The startup, whose technology allows large companies to build and embed crypto wallets in their operations and applications, will use the proceeds to expand business with financial-services clients like banks and trading platforms, Chief Executive Officer Clarisse Hagège said in an interview. Dfns is looking to capitalize on rising appetite for digital assets among large financial companies as Donald Trump, touting a crypto-friendly agenda, prepares to take over the White House. Among recent signs that banks are warming to cryptoassets, Italy's Intesa SanPaolo SpA this week made its first spot Bitcoin purchase.
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