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Usha Yadav
Jun 11, 2022
by Usha Yadav

True Global Ventures Invests in Coinhouse's $42.5 Million Funding Round

True Global Ventures

Table of contents

  1. Coinhouse Assisted More Than 20 French and Foreign Companies
Coinhouse, a digital asset service company based in France, raised 40 million euros ($42.5 million) in a round led by True Global Ventures 4 Plus Fund. ODDO BHF bank, Tioga Capital, XAnge Siparex Innovation, Raise Ventures, CF Partners, ConsenSys, and Expon Capital investment funds, as well as other French industry leaders, were also present. The funds will help Coinhouse expand its service offerings to consumers and businesses throughout Europe.

 

Coinhouse has quadrupled its staff in less than two years and is promoting itself as a support platform that allows people and businesses to participate in more than 50 crypto assets and savings management products. Coinhouse's co-founder and CEO, Nicolas Louvet, said:

"The future of financial services, payments and web3 will go through the development of cryptos and therefore inevitably through that of players such as Coinhouse who make them accessible and usable by everyone."

Coinhouse Assisted More Than 20 French and Foreign Companies

Coinhouse has assisted more than 20 French and foreign enterprises in obtaining and holding metaverse land, converting crypto payments into euros in the sale of digital objects or NFTs, as a digital asset service provider registered in France and Luxembourg. The organization, founded in 2015, offers retail and corporate crypto-asset investment services. It now provides over 20 large French and worldwide firms with a mechanism to safely keep land in the metaverse and convert crypto payments into euros when selling digital assets.

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True Global Ventures Invests in Coinhouse's $42.5 Million Funding Round
Usha Yadav
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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