Cryptocurrency recovery project STATION70 recently announced the completion of a $5 million seed round of financing. The round was led by Matt Walsh and Castle Island Ventures, with participation from Notation Capital, Semantic Ventures, SCB 10X, and CoinShares. At the same time, STATION70 launched its first product, BUNKER, a disaster recovery platform for cryptocurrency assets aimed at simplifying private key backup and recovery. In the coming weeks, STATION70 will be testing BUNKER with clients to provide a universally available version. STATION70 is an institutional-grade recovery infrastructure for self-custody of cryptocurrency assets, with partners including Fireblocks.

Odaily Planet Daily News - Cryptocurrency recovery project Station70 recently announced the completion of a $5 million seed round of financing. The round was led by Matt Walsh and Castle Island Ventures, with participation from Notation Capital, Semantic Ventures, SCB 10X, and CoinShares, among others.

At the same time, Station70 announced the launch of its first product, Bunker. This is a disaster recovery platform for cryptocurrency assets, aimed at simplifying key backup and recovery (KBR) processes.

In the coming weeks, Station70 will be testing Bunker with multiple clients to provide a universally available version. Station70 is described as an institutional-grade recovery infrastructure for self-custody of cryptocurrency assets, with partners including Fireblocks.

STATION70 has completed a $5 million seed round of financing and launched the cryptocurrency asset recovery platform BUNKER.