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Bitcoin Financial Services Firm Unchained Capital Raises $60M

Unchained Capital has completed a $60 million Series B funding round led by Valor Equity Partners and including crypto asset-management giant NYDIG, the company said in a press release Tuesday. The round opened to investors halfway through the QI of this year and had an initial close in April that included more than half of the total raised, a source close to the company told CoinDesk. Particularly, it's a large fundraise given the extent of the crypto bear market that in the first third of 2023 is only beginning to show signs of turning around. Unchained itself wasn't immune to the pressures of crypto winter.


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