BlockBeats News, May 6th, according to CoinDesk, IntoTheBlock and Trident Digital have announced a merger to form a new company, Sentora, aimed at bringing institutional investors into the on-chain world.
The new company is led by Anthony DeMartino, co-founder of Trident and former Head of Risk Strategy at Coinbase.
At the same time, Sentora has completed a $25 million new financing round, led by New Form Capital, with participation from Ripple, Tribe Capital, UDHC, and Joint Effects, among others. Strategic ecosystem investors such as Curved Ventures, Flare, and Bankai Ventures have also provided support.