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CheckSig Secures €3.5 Million Funding at €33.5 Million Valuation

The European crypto-as-a-service provider, holding a MiCAR (EU crypto regulation) license, expands its offerings in custody, trading, and tax solutions for individuals and institutions.

Summary

CheckSig, a European crypto-as-a-service platform, has raised €3.5 million at a €33.5 million valuation, bringing its total financing to €6.2 million. The company holds a MiCAR (Markets in Crypto-Assets Regulation) license and provides custody, trading, and tax services to both individuals and institutional clients.

Terms & Concepts
  • MiCAR (Markets in Crypto-Assets Regulation): An EU regulatory framework governing issuance and services related to crypto-assets, aiming to provide legal clarity and investor protection.
  • Crypto-as-a-service: A business model providing cryptocurrency-related infrastructure and services, such as custody and trading, to clients via cloud-based or managed solutions.
  • Custody services: Secure holding and management of digital assets on behalf of clients, ensuring safekeeping and regulatory compliance.