PolySign raises USD53m

PolySign, Inc., a fintech providing blockchain-enabled digital asset infrastructure for institutional investors, has closed its USD53m Series C funding round with participation from Cowen Digital, Brevan Howard, and GSR, inter alia. Beyond the funding, PolySign also secured a USD25m credit facility with Boathouse Capital.

PolySign is the owner of Standard Custody & Trust Company, a NYDFS regulated provider of custody, trading and settlement for digital assets. Earlier this year, PolySign agreed to acquire MG Stover, a fund services provider to the alternative investment industry.

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