Markus Maier and Philipp Banhardt, founders of crypto compliance firm Violet (Mauve parent company), explain that Mauve will stand out for offering users the best aspects of decentralized finance—among them secure self-custody and modular design—along with all the stringent compliance checks of traditional banks and brokerages. Other investors in the funding round include BlueYard Capital, Balderton, Ethereal Ventures, and FinTech Collective.