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Locked Money, a trustless digital asset management solution, had raised over $1.1 million in seed and private rounds from within its community


trustless digital asset management solution

October 03, 2024


Blockchain startup Locked.Money has successfully raised over $1.1 million in seed and private funding rounds from its community to support its trustless digital asset management solution. By using advanced trustless vaults, Locked.Money offers a blend of custodial and noncustodial benefits, allowing users to maintain full control over their assets while accessing robust legal frameworks, significant tax advantages, and top-tier asset protection.

Project

Latest Raise

Latest Raise Date

Stage

Category

Locked Money

$1.1M

October 03, 2023

Seed, Private Round

DeFi

CEO Gediminas Butkus highlighted the potential of DeFi for crypto investors to grow and manage their wealth, despite the challenges posed by regulatory and tax requirements. He emphasized that raising over $1 million organically in just a few weeks demonstrates strong community support for Locked.Money's innovative solution, and expressed excitement about bringing their product to crypto investors globally.


About Locked Money

Locked.Money is a platform that helps secure digital assets using advanced trustless vaults. It combines the benefits of both custodial and noncustodial solutions, giving users full control over their assets while providing strong legal frameworks, tax advantages, and top-notch asset protection. This makes it easier for crypto investors to manage and safeguard their digital wealth.


 

 


A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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