March 9, 2020 Argent has raised $12M in a Series A round led by Paradigm.

The DeFi-focused cryptoasset wallet provider, Argent has successfully raised $12M in a Series A funding round. The capital raise was led by Paradigm, a general cryptoasset investment firm, who was joined by Index Ventures, Firstminute Capital and Crenandum, all three of which were pre-existing investors. Argent has now raised a total of $16M and plans to move its wallet service out of closed beta and into public use in April of this year. The startup is headquartered in London but plans to use the funds to grow its team across Europe.