Tech Company Financing Transactions
Gryfyn Funding Round
On 3/21/2023, Gryfyn received $7.5 million in investment from Animoca Brands, GameFi Ventures and Lavender Hill Capital.
Transaction Overview
Company Name
Announced On
3/21/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The wallet is built on top of Hex Trust's infrastructure and will be a "NFT-centric, multi-chain" solution that has "bank-grade security," the release said.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
London England, Undisclosed
UK
London England, Undisclosed
UK
Phone
Undisclosed
Website
Email Address
Overview
Gryfyn is an NFT-focused custodial wallet, that allows anyone anywhere access to NFT's and cryptocurrencies. Gryfyn is an Animoca Brands group company, and has been established as a joint venture between Animoca Brands and Hex Trust. Gryfyn soft-launched in September 2022, and from late-March 2023 is conducting a phased launch with planned features being introduced over the span of the next two quarters.
Management Team
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