This crypto surveillance startup ‘We’re bomb sniffing dogs’ just raised Series A funding
Solidus Labs, a company that says its surveillance and risk-monitoring software can detect manipulation across cryptocurrency trading platforms, is today announcing $20 million in Series A funding led by Evolution Equity Partners, with participation from Hanaco Ventures, Avon Ventures, 645 Ventures, the cryptocurrencies derivative exchange FTX, and also a sprinkling of government officials, including former CFTC commissioner Chris Giancarlo and former SEC commissioner Troy Paredes.
It’s pretty great timing, given the various signals coming from the U.S. government just last week that it’s intent on improving its crypto monitoring efforts such as the U.S. Treasury’s call for stricter cryptocurrency compliance with the IRS.
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