BCB Group, a crypto financial services company based in London, is raising funds via convertible notes.

The notes will convert to BCB Group's future Series B equity round with a pre-money valuation capped at $200 million, two sources with direct knowledge of the matter told The Block.

BCB Group founder and CEO Oliver von Landsberg-Sadie confirmed that the company is raising funds but declined to comment on the structure of the round and valuation. He said BCB is raising more than $20 million and plans to close the round by early March.

Get the latest news here: Cointime channel — https://t.me/cointime_en