Bitcoin News

BRD raises $15m, looks to cement itself in Asian market

Mobile crypto wallet BRD has raised $15 million in a Series B funding led by SBI Crypto Investment, a subsidiary of Japanese financial services company SBI Holdings.

“SBI Group’s investment allows us to firmly cement ourselves in the Asian market,” says BRD Co-founder and CEO Adam Traidman.

“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 four 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.”

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.