Risk monitoring firm Solidus Labs completes $15M strategic round

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Market surveillance agency Solidus Labs completed a $15 million strategic spherical led by Liberty Metropolis Ventures on Friday. GSR and Exor Seeds additionally participated within the financing. This follows the corporate’s $20 million Collection A that concluded in Might. Solidus’ traders additionally embody former CFTC Chair Christopher Giancarlo and former SEC commissioner Troy Paredes. 

The corporate hired former CFPB Director Kathy Kraninger because it’s VP of Regulatory affairs in July. Solidus CEO Asaf Meir stated:

“This strategic spherical will enable us to serve extra shoppers sooner and tackle many new use-cases within the DeFi and NFT danger frontiers, which require Solidus’ distinctive mixture of crypto know-how and experience in conventional buying and selling dynamics and manipulation typologies.”

In response to Liberty Metropolis Ventures Companion Emil Woods, “Solidus was prescient in creating the required instruments for market surveillance and danger monitoring that conventional monetary corporations and regulators require as they improve their participation in crypto asset markets.”

Solidus announced its preliminary $3 million elevate in 2019. Giancarlo warned in June that he believes the U.S. dangers turning into a backwater nation with no central financial institution digital foreign money.