Finoa, a European-based cryptocurrency provider focused on custody and staking, announced today the commencement of a relationship with Outlier Ventures, a blockchain-focused business fund and accelerator platform.
Finoa will provide institutional-grade end-to-end solutions for managing crypto investments and operations through this agreement. Outlier Ventures was one of the first venture capital firms to focus only on the nascent cryptocurrency ecosystem.
The relationship will provide Outlier Ventures accelerator participants with access to professional cryptocurrency custody and management services via Finoa’s user-friendly interface.
“We look forward to assisting promising accelerator participants with cash management and investor relations, as well as collaborating with founders to pave the route for public sales and commercialization.”
— Marius Smith, Finoa’s Head of Partnerships and Ecosystem
Finoa + Outlier Ventures
Finoa’s objective is to make it as easy as possible for founders to manage investor money, future native tokens, and staking activities while still meeting financial and regulatory reporting obligations.
By utilising the Finoa platform, crypto projects may significantly reduce the risk, operational cost, and friction associated with early-stage crypto treasury management and operations.
“By providing a streamlined banking and custodial procedure for the 120+ portfolio firms that will pass through our Base Camp this year, our founders will be able to focus on what they do best: build world-class web3 products.”
— David Shamash, Outlier Ventures’ Head of Partnerships
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.