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Meow closes $22m series A funding round led by Tiger Global

Meow, a compliant crypto yield offering for corporate treasuries, has closed a $22 million Series A financing led by Tiger Global, with participation from QED Investors, cryptocurrency exchange FTX, and others.

The funds will be used to support the company’s rapid growth with new hires and enhanced product features.

Meow provides institutional and corporate investors with a compliant-first approach to participating in emerging cryptocurrency investment opportunities. Since launching in early 2022 following seed financing from cryptocurrency industry leaders and investors, including Coinbase Ventures, Gemini Frontier Fund and Lux Capital, Meow’s offering has quickly been embraced by corporate treasury departments. In less than six months, Meow grew corporate assets under management to nearly $100 million due to rapid adoption of the cash-in-cash-out, short-term high-yield investing opportunities by a range of companies.

In addition to hiring across its marketing and sales and engineering teams, Meow has several new product enhancements under development. In the coming months, it will launch a GAAP accounting solution and begin rolling out features of a B2B stablecoin suite, including cross-border payment solutions.
 

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