Blockchain-based bank N3XT has successfully raised $72 million across three funding rounds, with the latest round concluding in October. The financing attracted investments from prominent venture capital firms, including Paradigm, HACK VC, and Winklevoss Capital. N3XT was founded by Scott Shay, the former chairman of Signature Bank, and is led by CEO Jeffrey Wallis, who previously headed digital asset and Web3 strategy at Signature Bank.
Blockchain Bank N3XT Secures $72 Million in Funding
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