Cryptocurrency wallet provider ZenGo is raising funds in a Series A extension round.

The Israel-based startup hopes to raise $10 million via convertible notes before targeting a full Series B round later this year, according to a pitch deck obtained by The Block.

The Series A extension is pegged at the same $100 million post-money valuation as ZenGo's Series A round nearly two years ago, according to a separate pitch message seen by The Block. ZenGo bagged $20 million in Series A funding in April 2021 from investors including Insight Partners, Austin Rief Ventures and Samsung Next. It did not disclose a valuation at the time.