AAA Math adds up $12m for series B

Math adds up $12m for series B

Math, the Singapore-based developer of universal crypto wallet MathWallet, completed a $12m series B round yesterday co-led by digital currency exchange Binance’s incubator and investment arm, Binance Labs.

The round was co-led by investment platform NGC Ventures, venture capital firm Capital6 Eagle and crypto financial services provider Amber Group.

MathWallet is a crypto wallet that supports more than 60 popular chains including Bitcoin, Ethereum, Neo and Harmony in addition to Binance itself.

Digital currency trading firm Alameda Research and blockchain investment firms including Multicoin Capital had supplied $7.8m in funding for the company last month, adding to undisclosed amounts from earlier backers including Fenbushi Capital and Fundamental Labs.

By Robert Lavine

Robert Lavine is special features editor for Global Venturing.

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