COINHOUSE RAISES 40 MILLION EUROS THROUGH TRADITIONAL EUROPEAN FINANCIAL INSTITUTIONS
Coinhouse succeeded recently in getting new fundraising from traditional financial players.
With 500,000 retail customers and over 1,000 corporate customers. Coinhouse is a pioneer in cryptoasset investments, having been founded in 2014 in Paris. Coinhouse is a trustworthy partner thanks to its PSAN label from the Autorité des marchés financier in France.
The French Fintech, which aspires to be Europe's first crypto bank in the future, has achieved this funding with the bank Oddo BHF, investment funds True Global Ventures, Tioga Capital, and several large French families and business leaders.
With the growing interest in blockchain investments, the CEO of Coinhouse Nicolas Louvet stated that “The future of financial services, payments and Web3 will go through the development of cryptos and therefore inevitably through that of players such as Coinhouse who make them accessible and usable by all.”
Quite an accomplishment for Coinhouse as they try to rally back from the bear market and keep investing in their company and new products. As they're also working on a stablecoin backed by the euro with Société Générale and Casino.