Meow, a NYC-based compliant crypto yield offering for corporate treasuries, closed on $22m in Series A financing.
The round was led by Tiger Global, with participation from QED Investors, cryptocurrency exchange FTX, and others.
The company intends to use the funds to accelerate growth with new hires and enhanced product features.
Led by Brandon Arvanaghi, Co-Founder and CEO, Meow provides institutional and corporate investors with a compliant-first approach to participating in emerging cryptocurrency investment opportunities. In less than six months, the company grew corporate assets under management to nearly $100 million due to rapid adoption of the cash-in-cash-out, short-term high-yield investing opportunities by a range of companies.
In the coming months, it will launch a GAAP accounting solution and begin rolling out features of a B2B stablecoin suite, including cross-border payment solutions.
FinSMEs
18/07/2022