New York based investment bank Cowen led the $53 million Series B funding round in PolySign, the Bay Area based digital asset infrastructure startup. Cowen invested $25 million and was joined in the funding round by London based crypto wallet provider and exchange Blockchain.com.
Cowen also announced that it will provide custody services for cryptocurrencies and other digital assets in partnership with Standard Custody & Trust, a unit of digital asset infrastructure firm PolySign.
Founded in 2018 by David Schwartz and Arthur Britto, who previously co-founded Ripple Labs, PolySign develops state-of-the-art, secure, scalable infrastructure for financial institutions to fully leverage their digital assets.
