Polysign

Provides secure digital asset custody services

Oakland, California, United States

About Polysign

PolySign provides infrastructure for institutions to manage and transact digital assets securely. Its technology is based on a private blockchain developed by experienced architects, ensuring high security for financial institutions. PolySign serves clients like banks and investment firms, offering custody and transaction services that comply with regulatory standards. The company differentiates itself by seamlessly integrating with existing financial systems and focusing on security and compliance. Its goal is to facilitate the global adoption of digital assets by providing reliable solutions for institutional clients.

Oakland, CaliforniaHeadquarters
2018Year Founded
$123.9MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Risks

Ripple's partnership with Tokentus may threaten PolySign's market share in blockchain.
Closure of Cowen's cryptocurrency division could impact PolySign's financial backing.
New CTO appointment may lead to transitional challenges and strategic shifts.

Differentiation

PolySign offers secure, scalable infrastructure for financial institutions' digital assets.
Renowned blockchain architects Arthur Britto and David Schwartz designed PolySign's proprietary technology.
PolySign integrates with existing financial systems, ensuring compliance with regulatory standards.

Upsides

Increased demand for secure digital asset custody solutions boosts PolySign's market potential.
$53 million Series C funding enables PolySign to expand staff and accelerate development.
MG Stover's award highlights PolySign's strength in digital asset fund administration.

Funding

Total raised$123.93 M
Latest valuation$265.00 M
StageDEBT
DEBT
5/31/2022
$25
$58
$292.50 M
EARLY VC
12/31/2020
$8
$38.50 M