Blockchain-Native Tech Company Closes $15 Million in Series B
Libra, a provider of middle and back office technology and data services for the crypto asset ecosystem, completed a $15 million Series B round led by its previous lead investor, an alleged multi-billion dollar European family office, with continued participation from Series A investor Liberty City Ventures. This round brings Libra’s total funding to $24.8 million.
A blockchain-native technology company focused on transforming crypto transactional data into operational and audit-ready financial information for institutions, Libra plans to use its new funding to continue building out its core product, the Libra Crypto Office platform, as well as to support the release of new products and services.
On the heels of Libra’s announcement regarding its support for fund administrators, the close of Libra’s Series B round underscores the company’s success in providing critical reporting infrastructure utilized in traditional markets to the crypto world. The capital raise not only strengthens the ability for further product growth but also the ongoing expansion into new customer segments such as miners, lenders, and custodians.