Pioneering the digital asset management realm, Bequest Finance, has announced the successful acquisition of $2.75m in a recent funding round.
The funding round, which stood at $2.75m, was headed by leading FinTech venture capital firm, Nyca Partners. In addition to this, Bequest Finance attracted investment from the esteemed investor Mark Cuban, alongside other notable firms based in Silicon Valley.
Set to revolutionise the multi-trillion dollar trusts and estates industry, Bequest Finance offers non-custodial distribution solutions that enhance the legal processes surrounding digital assets.
Founded by co-partners Anna Mouland and Robert Muresan, the company’s inception was sparked by the recognised limitations of digital asset succession. In effect, Bequest Finance aspires to streamline the integration of all digital assets into the global trusts and estates industry. Through their platform, they aim to enable estate planners to add any digital asset, from Bitcoin to email and photo or video content, to their client’s estate in a compliant manner.
With their recently raised funds, Bequest Finance plans to further develop their innovative solutions. These solutions not only contribute to market expansion but also help facilitate a potential inflow of tens of billions of dollars annually.
Nyca’s Managing Partner, Hans Morris, praised the company for their solution to the issue of passing digital assets to the next generation, stating, “Bequest Finance is working on a solution to the increasingly common problem of passing digital assets to the next generation. They have created an easy-to-use tool for trust and estate lawyers to enable their clients to transfer not only crypto but in the future, any password-protected digital asset.”
The founders of Bequest Finance, Mouland and Muresan, hold extensive industry experience. Prior to Bequest, Mouland worked as an engineer at Aquanow and VRRB Labs, while Muresan was part of the engineering team at Bitgo and Shopify.
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