Crypto Trading Firm BCB Group Raises $4.5M To Snag More Regulatory Licenses

U.K.-based cryptocurrency trading firm BCB Group has raised $4.5 million in a funding round co-led by North Island Ventures and Blockchain.com Ventures, with participation from Pantera, L1 Digital and Pack Capital.

BCB Group CEO Oliver von Landsberg-Sadie said the firm has not urgently needed to raise capital because it is profitable. Still, he said the time had come to attain more licenses – and also make a push into Switzerland and Singapore.

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