Crypto wallet Deblock raises additional $16.8 million in seed round

According to Sifted, the cryptocurrency wallet Deblock has raised an additional £13.3 million (around $16.8 million) in a seed funding round, with investors including Headline, Hoxton, 20VC, and Chalfen. Deblock was founded by former Revolut and Ledger executives and provides a non-custodial cryptocurrency wallet that allows users to hold and manage their private keys, as well as traditional financial services such as euro withdrawals and virtual and physical debit cards compatible with Apple Pay. Currently, the Deblock app is only available in France and is subject to dual regulation by the local electronic money institution and digital asset service provider.