As concerns grow over inflation and increasing interest rates, the cryptocurrency market has been looked at as a natural hedge to preserve capital. This popularity has led to more and more institutions looking to build exposure to blockchain and cryptocurrency. BCB Group, a provider of crypto banking services, makes cryptocurrency more accessible for cryptocurrency exchanges, market makers, funds and corporate traders, and cryptocurrency-specific projects. The company provides a host of services including exchange services, treasury management, custodial, wealth management, interest accounts, and foreign exchange. London TechWatch caught up with CEO and Cofounder Oliver von Landsberg-Sadie to learn more about the inspiration behind the company, the state of the cryptomarkets, the company’s future plans, latest funding round from investors that include North Island Ventures, Blockchain.com Ventures, Pantera Capital, L1 Digital, and Pack Capital. This is best described as a seed follow-on or pre-Series A raise.
Raising capital is never easy but it’s even harder for blockchain companies. These companies are commonly thought to be involved in cryptocurrency, which really isn’t the case for most blockchain startups. Learn more about how Billon Group’s technology is powering central banks and how it was able to successfully raise capital.