The crypto wallet Deblock, created by former executives from Revolut and Ledger, has completed a seed round financing of approximately 16.80 million USD.
Powered by ChatGPTOdaily Planet Daily reported that according to documents submitted this month to the UK Companies House, the crypto wallet Deblock, created by former executives from Revolut and Ledger, has completed an additional £13.30 million (approximately $16.80 million) in seed funding. Another document from October shows that Headline, Hoxton, 20VC, and Chalfen are the main investors in this round of funding. Sifted previously reported that the startup quietly raised €12 million last year.
According to reports, in August 2022, former Revolut cryptocurrency director Jean Meyer, payments director Aaron Beck, and former Ledger engineering director Mario Eguiliuz co-founded Deblock. Later that year, the startup poached Adriana Restrepo, Revolut's Chief Operating Officer for European Banking, to serve as its fourth founder. Deblock's CEO Jean Meyer declined to comment on this round of funding. According to its website, the Deblock application is currently only available in France, where it is regulated as an electronic money institution and a digital asset service provider.