Crypto trading firm BCB Group raises $4.5m in convertible debt round

HLaw advised FCA regulated crypto trading firm BCB Group on its $4.5 million convertible debt raise. The funding round was co-led by North Island Ventures and Blockchain.com Ventures, with participation from Pantera, L1 Digital and Pack Capital.

BCB provides accounts and payment processing facilities for some of the world’s largest digital asset institutions.

Deal/project: Convertible debt round

Date closed: January 2021

Space: FinTech

Press releases:

Other lawyers and advisors: Goodwin Procter

Total

$4.5 million

Invested

Team advising

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Crypto trading firm BCB Group raises $4.5m in convertible debt round

Team advising

Previous Leading subscription wellness venture raises £4.5m series A funding round

Next Cutting-edge UK technology company enters into £2.7 million joint venture with Australian investor