Crypto Wealth Platform Vauld Raises $25M, Thiel-Backed VC Firm Leads Raise
Cryptocurrency wealth platform
Vauld has completed a $25 million Series A round led by Valar Ventures, a VC firm cofounded by Peter Thiel. Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner and Cadenza Capital also participated. The funding will be used to hire at least 100 people and expand its retail crypto banking and investing platform.
Working with Binance and BitGo, Vauld offers a secure and accessible platform available in more than 160 countries.
“We’ve seen great momentum with Vauld and we attribute it to both our technology as well as our customer support—that’s our strongest suit and it’s proven because when customers start using Vauld, they don’t leave,” said Darshan Bathija, Vauld co-founder and CEO. “This capital will help propel Vauld to the next level. We built a platform that is truly user-first and we are humbled that Valar Ventures shares in our vision.”