Blockchain financial infrastructure company CloudTech completes $14 million Series A funding

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According to Startup Daily, Foresight News reports that CloudTech, a blockchain financial infrastructure company, has completed a $14 million Series A funding round. The raised funds will be used to launch an institutional-grade custody solution for digital assets and expand a broader crypto-native financial ecosystem.

Founded in 2021, CloudTech's digital financial services include OTC trading, stablecoin solutions, and CobWeb Pay, which allows cryptocurrency to be exchanged for Australian dollars for daily shopping.

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