Conio S.r.l.
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Conio S.r.l. - overview
Established
2015
Location
San Francisco, CA, US
Primary Industry
Financial Services
About
Conio S. r. l. specializes in secure cryptocurrency management solutions, offering a multi-signature wallet and comprehensive services for individual and institutional clients.
Founded in 2015, Conio S. r. l. is based in San Francisco, US, focusing on cryptocurrency security.
The company, led by CEO Christian Miccoli, has completed 3 deals, with the latest funding round, a Series B, raising USD 14. 00 mn on December 15, 2020, led by Banca Generali. Conio has strategically positioned itself within the rapidly evolving digital asset landscape. Conio offers a multi-signature wallet specifically designed for secure management of Bitcoin and other cryptocurrencies.
Users can buy, sell, transfer, and store digital assets with enhanced security tailored for both individual and institutional clients. Additional services include custody solutions, trading, and tokenization, with a collaboration with FalsittaRuffini & Partners facilitating compliant management of cryptocurrency returns from abroad. Currently, Conio's products are primarily available in Italy, with plans to expand into other European markets in response to rising demand for secure digital asset solutions. Conio generates revenue through its digital wallet services and related offerings such as custody and trading.
Revenue is structured via partnerships with financial institutions and direct transactions with individual clients, allowing users to execute trades or store assets securely. The company employs transaction fees and subscription-based pricing models for premium features, aligning with the advanced security and operational capabilities of its flagship products, including its multi-signature wallet. Conio plans to introduce new products designed to enhance its digital asset management solutions, although specific release dates have not been disclosed. The company is focused on expanding into additional European markets to meet growing consumer demand by leveraging the recent Series B funding of USD 14.
00 mn raised in December 2020. This funding will support their strategic initiatives and facilitate growth opportunities in new markets.
Current Investors
Banca Sella Holding, Poste Italiane, Banca Generali
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.conio.com
Verticals
Blockchain, FinTech, Mobile Apps
Company Stage
Series B
Total Amount Raised
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