PolySign, an Oakland, CA, San Francisco, CA & New York, NY-based financial technology company providing blockchain-enabled digital asset infrastructure for institutional investors, raised $53M in Series C funding.
The round was led by Cowen Digital, Brevan Howard, and GSR. Beyond the funding, PolySign also secured a $25M credit facility with Boathouse Capital.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Jack McDonald, PolySign is a financial technology company providing institutional investors with blockchain-enabled infrastructure in support of digital assets across the capital markets and payments sectors. The company’s family of products includes MGStover and Standard Custody and Trust Co. MG Stover is a full-service fund administration firm built by former auditors and fund operators to deliver solutions to the alternative investment industry. PolySign’s New York-regulated custodian, Standard Custody & Trust Company, is a next-generation Qualified Custodian offering novel, patented technology for securing secret keys.
FinSMEs
28/06/2022