'Atato raises $6 Million Series A to build MPC Institutional Grade Custody for any Blockchain / Token' by atato_tech mpc institutionalgradecustody
Atato, a licensed digital asset custodian offering MPC custodial solutions, raised $6 Million to build crypto custodial solutions for any blockchain and cryptocurrency token. The round includes investors such as AlphaLab Capital, FEBE Ventures, Tom Trowbridge, NGC Metaverse Ventures, January Capital, SOSV and other venture funds and angels, endorsing Atato’s custodial product for crypto infrastructure.
“The fact that we’ve inspired investor confidence in the current market conditions is a clear endorsement of Atato’s long-term roadmap and vision,” said. “Atato’s MPC institutional grade custodial product provides institutions and entities with an extremely cost-efficient solution with enterprise-grade security and regulatory compliance that supports digital assets as well as interact with Web3.0 and DeFi.
“We're impressed by Atato's user friendly onboarding and UI which also gives power users API access - a unique feature in the market” said, “Bring Your Own Chain will also be transformative for institutional customers eager to engage with, and support new chains and projects.” As the first custodian worldwide to offer services like Bring Your Own Chain / Bring Your Own Token capabilities, Atato’s strategic investors are already involved in developmental trials by inviting their clients to integrate their projects with Atato. This is also bolstered by Atato’s attractive fee model, which is a flat fee based on the number of wallets, instead of the usual AUM and transactional percentage fees.