Pave Bank Raises $39M as Institutional Blockchain Adoption Grows

  • Pave Bank raised $39M in Series A funding led by Accel, totaling $45M. The bank integrates traditional and blockchain technology.
  • The funding indicates a growing interest in merging traditional banking with blockchain for enhanced speed and convenience.
  • Pave Bank offers programmable banking services, enabling clients to automate operations using APIs or smart contracts.
  • The bank plans expansion into the UAE, Hong Kong, and Europe with support from investors like Tether Investments and Wintermute.
  • Best Wallet Token ($BEST) is gaining attention for its secure, user-friendly crypto wallet.
  • The wallet is non-custodial, ensuring users have sole access to their private keys and control over transactions.
  • $BEST token presale has raised over $16.6M, reflecting strong demand among retail investors for secure wallets.

Pave Bank's website.