France’s Deblock picks up €30 million for unified euro and crypto banking platform
French crypto-banking startup Deblock has secured €30 million in Series A funding. The platform combines traditional banking with on-chain, self-custody wallets. This investment underscores growing interest and investment in the convergence of traditional finance and digital assets. The funding round was led by Speedinvest, with participation from CommerzVentures, Latitude, and existing investors. Deblock, founded in 2024 by former executives from Revolut and Ledger, plans to use the funds to expand across Europe. Germany is the initial target market for this expansion, indicating a strategic focus on countries with strong digital finance adoption. Deblock's platform allows users to manage both euros and digital assets within a single app, offering seamless payments and access to DeFi services. This approach empowers users with full control over their funds. The expansion into Germany, a key market for digital financial services, suggests Deblock aims to capture a significant share of the evolving European crypto-banking landscape.
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