Nonco Raises over $10 Million in Seed Funding Digital asset brokerage firm, Nonco,
has raised over $10 million in seed funding, according to a new statement from the company.
“Our aim is to become the leading brokerage firm for digital assets, and we intend to achieve this by establishing a new standard that prioritizes technology and service while ensuring institutional risk management and compliance,” stated Nonco CEO Fernando Martinez.
The round was spearheaded by former US Comptroller of the Currency and current advisor at Valor Capital Group,
Brian Brooks and Web3 venture capital investment firm, Hack VC. Libra Capital Ventures, Morgan Creek Digital, Bastion Trading, Lvna Capital,
and others are amongst a number of crypto-related companies that participated in the investment round. Latin America is proving to be a lucrative market for the cryptocurrency industry. Crypto analytics firm
Chainalysis alleges that “grassroots adoption is strong” in the region, with Brazil, Argentina, and Mexico ranking
in the top 20 of the organization’s global crypto adoption index.
