Market watcher Solidus Labs completed a $ 15 million strategy round led by Liberty City Ventures on Friday. GSR and Exor Seeds were also co-financed. It is on the heels of the $ 20 million Serie A, which ended in May. Solidus investors also include former CFTC Chairman Christopher Giancarlo and former Securities and Exchange Commission Commissioner Troy Paredes.
In July, the company appointed former CFPB director Katie Kroeninger as its vice president of regulatory affairs. Assaf Meir, CEO of Solidus, said:
“This strategic round will enable us to serve more clients faster and address many new challenges within Defi and NFT risks, requiring a unique combination of cryptocurrency knowledge and experience in both traditional trading dynamics and manipulative models.”
According to Liberty City Ventures partner Emil Woods, “Solidus has prudently developed the necessary market surveillance and risk monitoring tools that traditional financial firms and regulators require as they expand their participation in the cryptocurrency markets.”
Solidus announced its first $ 3 million increase in 2019. In June, Giancarlo warned that he believed the United States was at risk of becoming an isolated country without a central bank digital currency.