On June 11, CloudTech, a blockchain financial infrastructure startup, completed a $14 million Series A funding round, of which $11 million was raised in the form of bitcoin and stablecoin USDT. The funds will be used to launch institutional-grade custody solutions for digital assets and expand the broader crypto-native financial ecosystem. The round of financing came from multiple undisclosed investors.
Founded in 2021, CloudTech has a team of 40 people and is headquartered in Melbourne. Its digital financial services include over the counter, stablecoin solutions, and CobWebPay (which converts cryptocurrencies into Australian dollars for everyday shopping).
Blockchain Fintech Firm CloudTech Completes $14 million Series A Funding
2025-06-11 05:52:40
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