Curv
Institutional Digital Asset Wallet Service
Company Overview
Snapshot
Founded in January 2018 by Itay Malinger and Dan Yadlin, Curv operated with 1–10 employees. The company secured funding across 3 rounds from 10 investors. Curv was acquired by PayPal in March 2021.
Business overview
Curv provides a secure platform for custodians, exchanges, and asset managers to hold and trade crypto-assets. The company's core technology utilizes a mathematically proven cryptographic solution, offering an online "vault as a service" that replaces traditional hot and cold wallets. This technology enables businesses to manage cryptocurrencies at scale and execute transactions without compromising the security of their keys or those of their clients, primarily serving the Fintech & Insurtech sector.
Strategic signal
In March 2021, Curv was acquired by PayPal, signaling a significant move by a major financial technology company into the digital asset security space. This acquisition validated Curv's cryptographic solution for institutional digital asset management and highlighted the increasing importance of secure infrastructure for cryptocurrency adoption within traditional finance.
Company Intelligence Q&A
- What was a significant milestone for Curv in 2021?
- In March 2021, Curv was acquired by PayPal, leading to the company ceasing operations.
- Which companies partnered with Curv in late 2020?
- In December 2020, Curv partnered with ConsenSys to launch an enterprise-grade DeFi solution for institutions. Additionally, in October 2020, Curv partnered with BNP Paribas on secure digital asset transfers.
- Which investors participated in Curv's funding round in July 2020?
- In July 2020, Curv received funding from investors including Commerce Ventures.
- When was Curv recognized by Gartner Research Group?
- In September 2019, Curv was named a cool vendor in "Cool Vendors in Blockchain Security and Privacy, 2019" by the Gartner Research Group.
- Which investors participated in Curv's funding round in February 2019?
- In February 2019, Curv received funding from investors including Team8 and Jump Capital.