Estonia-based 3Commas, an automated crypto trading and portfolio management service, has raised a $37M Series B (Brandy Betz/CoinDesk)

Emily Nicolle / Bloomberg:
Filings: London-based crypto custody startup Copper raised $196M as part of an ongoing Series C; Copper was reportedly valued at $3B in November 2021  —  Crypto custodian Copper Technologies Ltd has obtained $196 million in fresh funding this year, as part of an ongoing series C investment in the business.

Adam Morgan McCarthy / The Block:
Mike Novogratz’s Galaxy Digital agrees to buy high-security custodian GK8 from bankrupt crypto lender Celsius; Celsius acquired GK8 for $115M in late 2021  —  – Mike Novogratz’s Galaxy Digital agreed to buy GK8 from Celsius.  — GK8 was originally acquired by Celsius for $115 million in late 2021.

Brandy Betz / CoinDesk:
Exponential, a DeFi investment discovery and risk assessment service, raised a $14M seed led by Paradigm, with Haun Ventures, FTX’s VC arm, others participating  —  The tool helps users assess risks in decentralized finance and compare investments.  —  Exponential, a decentralized-finance …

Brandy Betz / CoinDesk:
Tharsis Labs, which develops the Evmos cross-blockchain tool to connect Ethereum and Cosmos, raised $27M via a token sale led by Polychain Capital  —  Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform  —  Tharsis Labs – the core developer of Evmos …

Krisztian Sandor / CoinDesk:
FTX-linked Alameda Research withdrew ~$37M worth of wrapped bitcoin from crypto exchange FTX.US on Wednesday  —  The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm’s holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.

Brandy Betz / CoinDesk:
MPCH Labs, which is developing a cryptographic technique to split and store private keys for multiple users, raised a $40M Series A led by Liberty City Ventures  —  Liberty City Ventures, which incubated the startup, led the funding round.  —  MPCH Labs raised $40 million in a Series …