Unchained Capital, a financial services provider for Bitcoin (BTC) holders, has raised $60 million in a Series B funding round led by Valor Equity Partners, with participation from NYDIG, Trammell Venture Partners, Ecliptic Capital, and Highland Capital Partners. Unchained Capital offers a more secure way to hold fees than storing crypto on centralized exchanges or on a single key solution, using a custody model that leverages the Bitcoin network's native multi-signature capabilities. The $60 million funding will be used to expand Unchained's client base and product offerings. The company currently secures over $2 billion in Bitcoin across thousands of keys globally and hopes to enable new entrants to Bitcoin to leapfrog centralized custodians into their safer collaborative custody model.
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