Meet Atato! This Singapore-based crypto startup just raised a $6M Series A to build solutions to keep your crypto safe.

Investor check. AlphaLab Capital and FEBE Ventures co-led the round. NGC Ventres, January Capital, Babel Finance and SOSV joined in.

‍

🧐 Why it matters

More and more institutions and businesses are looking to expand their services into crypto. The problem? They didn't have the right infrastructure to make that possible — until Atato came along!

‍

🤓 How it works

Atato's got an MPC crypto custody app that makes it simple for businesses and institutions to manage crypto and keep it safe! (Imagine if you had a ton of crypto as a company, and it got stolen. Big problems!)

• Crypto custody? This means keeping the crypto secure and away from theft. Crypto custodians are like crypto banks!
• The difference. Crypto custody doesn't mean they hold the crypto (like banks hold money). Instead, they safekeep the "passwords" to your crypto wallets.

Not like the others. It's cost-effective, easy, has enterprise-level security and is compliant with regulations. Oh, and it even works with DeFi, web3 and digital assets.

• It even has management tools that include customizable roles and transaction policies.

‍

💰 What's with the $$$?

They'll be expanding their product offerings and speeding up the products they have in beta.