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Crypto wallet BRD raises $15M for Asian expansion

Mobile cryptocurrency wallet BRD is announcing that it has raised $15 million in Series B funding from SBI Crypto Investment, a subsidiary of Japanese financial services company SBI Holdings.

“SBI Group’s investment in BRD allows us to firmly cement ourselves in the Asian market,” said BRD co-founder and CEO Adam Traidman in a statement. “It shows incredible support for the foundation that we have built in North America and reinforces our proven ability to scale the success we have achieved in the past 4 years. The new investment will ensure our long-term global growth, and we are incredibly excited about collaborating with SBI as a strategic investor and business partner to make that happen.”

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cryptocurrency, bitcoin