NEW: Vienna-based crypto exchange Bitpanda has acquired custody firm TrustologyIO. Tanzeel_Akhtar reports
after closing a Series B funding round at $170 million last March, followed by a $263 million Series C in August 2021 at a $4.1 billion valuation; Trustology is the firm’s first acquisition.Bitpanda Custody will take custody of Bitpanda’s assets across its retail, institutional and whitelabelling businesses, Biptpanda said in a press release.
“Bitpanda Custody is part of our strategy to offer a fully comprehensive set of services to our client base and we can now combine an FCA-registered, institutional-grade custody solution with a leading trade execution venue,” Joshua Barraclough, the CEO of Bitpanda Pro, said in a press release.of digital assets made available to its roughly 3 million users.
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