PolySign, a financial technology company providing blockchain-enabled digital asset infrastructure for institutional investors, has raised $53 million in a Series C funding round with participation from Cowen Digital, Brevan Howard, GSR and more.
As well as the new funding, PolySign has also secured a $25 million credit facility with Boathouse Capital.
Standard Custody & Trust Company, a next-generation NYDFS regulated custodian and subsidiary of PolySign, offers a security program that combines proprietary blockchain technology, end-to-end encryption, and distributed trust protocols to protect private keys. The platform’s integrated escrow solution enables investors to buy and sell digital assets directly from custody, reducing the risk of external transfers and inefficient transactions between multiple accounts and different providers. Standard Custody facilitates 24/7 investor market access with improved security and capital efficiency.
