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Synopsis
Insight Partners led a $20m Series A round in ZenGo, the crypto mobile wallet for retail investors, with participation from Distributed Global, Austin Rief Ventures, Benson Oak Ventures, Samsung Next, Elron, Collider Ventures and FJ Labs. "We believe that a true crypto-based future will require solutions that are radically simple, mobile-first, and built on-chain. Our approach to security, based on MPC, eliminates traditional single points of failure, and has helped us build an innovative consumer-grade wallet that makes crypto simpler, and also an order of magnitude safer," Ouriel Ohayon, ZenGo CEO.
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