The Abu Dhabi sovereign wealth fund ADQ-supported venture capital firm Further Ventures led a $16 million investment in the Paris-based cryptocurrency wallet technology company Dfns. This investment also included market maker Wintermute, Motive Partners, Bpifrance, and the family office Motier Ventures, which is owned by the Galeries Lafayette group.

Further Ventures, the venture capital firm backed by Abu Dhabi’s sovereign wealth fund ADQ, led a $16 million investment in Paris-based crypto wallet technology firm Dfns, as digital-asset dealmaking heats up.Other investors in the round include market maker Wintermute, Motive Partners, Bpifrance and Motier Ventures, the family office of the owners of the Galeries Lafayette Group, Dfns said in a statement on Tuesday.

Abu Dhabi-backed venture capital firm invests in crypto technology startup Dfns.