{"id":43078,"date":"2021-05-24T18:02:25","date_gmt":"2021-05-24T15:02:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43078"},"modified":"2025-08-31T02:01:34","modified_gmt":"2025-08-30T23:01:34","slug":"solidus-labs-raises-20-million-from-ftx-nydig-and-other-investors","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/solidus-labs-raises-20-million-from-ftx-nydig-and-other-investors\/","title":{"rendered":"Solidus Labs raises $20 million from FTX, NYDIG and other investors"},"content":{"rendered":"<p>The startup Solidus Labs, which specializes in monitoring market manipulation in the crypto industry, closed a Series A round worth $20 million, according to <a href=\\\"https:\/\/www.coindesk.com\/solidus-labs-raises-20m-from-vcs-ex-regulators-to-fight-crypto-market-manipulation\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener nofollow\\\">CoinDesk<\/a>.<\/p>\n<p>The round was led by venture firm Evolution Partners with participation from FTX, NYDIG, Fidelity Investments, Hanaco Ventures, and former CFTC Chairman Christopher Giancarlo.<\/p>\n<p>The funds will be used to open an office in East Asia and expand the team to 60-70 people by the end of 2021.<\/p>\n<p>Former Goldman Sachs bankers founded Solidus Labs in 2018. They believe that the lack of proper controls and risk-reduction tools is the main barrier to broad crypto adoption.<\/p>\n<p>In April, the blockchain startup Securrency <a href=\"https:\/\/forklog.com\/en\/news\/blockchain-startup-securrency-raises-30-million-from-leading-wall-street-players\">attracted $30 mln<\/a> from leading Wall Street players.<\/p>\n<p>Earlier, privacy-focused project Aleo <a href=\"https:\/\/forklog.com\/en\/news\/privacy-focused-aleo-project-raises-28-million-from-a16z-galaxy-digital-and-polychain-capital\">closed a funding round<\/a> for $28 million.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 crypto news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The startup Solidus Labs, which specializes in monitoring market manipulation in the crypto industry, closed a Series A round worth $20 million.<\/p>\n","protected":false},"author":1,"featured_media":43079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1223,1133],"class_list":["post-43078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-startups","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=43078"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43078\/revisions"}],"predecessor-version":[{"id":43080,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43078\/revisions\/43080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/43079"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=43078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=43078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=43078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}