Further Ventures, a venture capital firm backed by Abu Dhabi’s sovereign wealth fund ADQ, has spearheaded a $16 million investment round in Dfns, a Paris-based crypto wallet technology company.
Other participants in the funding round comprised Wintermute, a market maker, Motive Partners, Bpifrance, and Motier Ventures, which represents the family office of the Galeries Lafayette Group’s owners, according to a statement released by Dfns on Tuesday.
This investment signals increasing activity and interest in digital asset ventures.