Self-hosted Wallet provider Cntrl Wallet is expected to be acquired
Cntrl Wallet provider of custodial Wallet is seeking acquisition to expand, founder Emile Dubie says the need for the right partner to support the development of new distribution channels, although competitive in the Multichain Wallet field, but need to compete with the largest participants. Cntrl Wallet raised a Series A financing led by Mechanism Capital in 2021, raising $6 million, bringing the total financing amount to $7.2 million.
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