Crypto startup Vauld raises $25 mn in round led by Peter Thiel's fund

Firm said it has seen 124.4% QoQ growth in AUM from 1Q21 to 2Q21. Vauld will leverage the capital to build its team, aiming to fill at least a hundred new roles and further its global expansion

Vauld, the cryptocurrency-based financial products platform, has received an investment of $25 million in Series A funding, led by Peter Thiel-backed Valar Ventures. Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner and Cadenza Capital also participated in the round. The funding will be used to support the  company’s international growth and licensing as well as expand its retail crypto banking and investing platform.

“We’ve seen great momentum with Vauld and we attribute it to both our technology as well as our customer support—that’s our strongest  suit and it’s proven because when customers start using Vauld, they don’t leave,” said