CoolBitX, a blockchain security startup based in Taiwan, announced today it has raised $16.75 million in Series B funding, led by returning investor SBI Holdings, a Japanese financial group.

Korean cryptocurrency exchange Bitsonic, Monex Group, another Japanese financial group, and Taiwan’s National Development Fund also participated.

All virtual asset service providers in FATF member countries need to comply by June.

“In addition, Sygna ensures that VASPs can quickly comply with new regulations with minimal disruptions to their day-to-day operations,” he added.

As such, we are delighted to participate in our second tranche of investment in CoolBitX. | To read full story, visit https://startuparound.com/read/1582642809.268612/Blockchain-security-startup-CoolBitX-raises-$16.75-million-Series-B-round-–-TechCrunch?ref=audio_experience