True Global Ventures Invests in Coinhouse’s $42.5 Million Funding Round

Coinhouse, a digital asset service company based in France, raised 40 million euros ($42.5 million) in a round led by True Global Ventures 4 Plus Fund. ODDO BHF bank, Tioga Capital, XAnge Siparex Innovation, Raise Ventures, CF Partners, ConsenSys, and Expon Capital investment funds, as well as other French industry leaders, were also present. The funds will help Coinhouse expand its service offerings to consumers and businesses throughout Europe. #Web3 dedicated True Global Ventures 4 Plus Fund continues to Invest in 🇫🇷🇪🇺 @Coinhouse to accelerate Growth and Scale of the #Cryptobank Model in #Europe together with @ODDO_BHF @TiogaCapital @XAngeVC @Raise_Ventures @ConsenSys @exponcapital https://t.co/iVt07MeX18 — TrueGlobalVentures (@TrueGlobalVCs) June 10, 2022 Coinhouse has quadrupled its staff in less than two years and is promoting itself as a support platform that allows people and businesses to participate in more than 50 crypto assets and savings management products. Coinhouse’s co-founder and CEO, Nicolas Louvet, said: “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 everyone.” Coinhouse Assisted More Than 20 French and Foreign Companies Coinhouse has assisted more than 20 French and foreign enterprises in obtaining and holding metaverse land, converting crypto paymen...