The cryptocurrency security firm Anchorage has raised $40m in series B financing. The investment was led by Blockchain Capital, with support from Visa and Nathan McCauley. The company's blockchain-based platform works by requiring withdrawals to be approved by a client’s other employees, with human and AI biometric reviews then performed to validate transactions before they are carried out.
The cryptocurrency security firm Anchorage has raised $40m in series B financing. The investment was led by Blockchain Capital, with support from Visa and Andreessen Horowitz. The company's blockchain-based platform works by requiring withdrawals to be approved by a client’s other employees, with human and AI biometric reviews then performed to validate transactions before they are carried out.