Chance checking organization Solidus Labs completes $15M strategic round

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Marketplace surveillance business Solidus Labs done a $15 million strategic round led by Liberty City Ventures on Friday. GSR and Exor Seeds also participated in the funding. This follows the company’s $20 million Sequence A that concluded in Might. Solidus’ buyers also incorporate previous CFTC Chair Christopher Giancarlo and previous SEC commissioner Troy Paredes. 

The firm employed previous CFPB Director Kathy Kraninger as it’s VP of Regulatory affairs in July. Solidus CEO Asaf Meir said:

“This strategic spherical will allow us to provide extra clients quicker and handle lots of new use-instances in the DeFi and NFT danger frontiers, which have to have Solidus’ exceptional mixture of crypto know-how and experience in regular investing dynamics and manipulation typologies.”

According to Liberty Town Ventures Spouse Emil Woods, “Solidus was prescient in establishing the needed instruments for industry surveillance and hazard monitoring that standard financial firms and regulators need as they raise their participation in crypto asset markets.”

Solidus introduced its original $3 million raise in 2019. Giancarlo warned in June that he believes the U.S. dangers getting a backwater country without a central bank electronic forex.

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