Deblock, a crypto wallet founded by former Revolut and Ledger executives, completes approximately $16.8 million in seed round financing

According to documents filed with the UK Companies House this month, Deblock, a crypto wallet created by former Revolut and Ledger executives, has completed an additional £13.3 million (about $16.8 million) in seed funding. Another October document showed that Headline, Hoxton, 20VC and Chalfen were the main investors in this round of financing. Sifted previously reported that the startup quietly raised 12 million euros last year. According to reports, in August 2022, former Revolut cryptocurrency head Jean Meyer, payment head Aaron Beck and former Ledger engineering head Mario Eguiliuz co-founded Deblock. Later that year, the startup poached Revolut European banking chief operating officer Adriana Restrepo as its fourth founder. Deblock CEO Jean Meyer declined to comment on this round of financing. According to its website, the Deblock application is currently only available in France, where it is regulated by electronic money institutions and digital asset service providers. (sifted.eu)