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Matthias Knab, Opalesque for New Managers: Curv, a provider of digital asset security, today announced that global investment firm Franklin Templeton and fintech VC Illuminate Financial Management joined existing investors as part of its Series A funding. In July 2020, Curv's Series A round included a cohort of investors spanning CommerzVentures, Coinbase, Digital Currency Group, Team8 and Digital Garage.
Curv is driving traditional institutional and crypto native demand for digital assets through its multi-party computation (MPC) security technology, a critical requirement to safely transfer, store and manage any digital asset on any blockchain or DLT. Their solution is used by dozens of institutions across the globe, including Franklin Templeton, which plans to leverage Curv's infrastructure to expand into the burgeoning digital asset market.
The digital asset security industry is at a crossroads. Institutions can choose to use legacy solutions, which stifle their ability to adopt all digital assets, introduce increased cost pressures and merely limit security threats or they can adopt Curv's keyless approach to remove all single points of failure while simultaneously delivering instant availability and total autonomy over digital assets.
"Curv's cloud-based service and tech stack eliminates the concept of private keys through multi-party computation (MPC), allowing f...................... To view our full article Click here
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