According to TheBlock, Braavos has raised $10 million to launch a self-custodial wallet on StarkNet, an Ethereum scaling solution.

The seed round is led by Pantera Capital. Other backers include Brevan Howard Digital, Crypto.com, Road Capital, Matrixport and Starkware, according to a company release.

Braavos was co-founded at the start of this year by Motty Lavie, Abraham Makovetsky and Yoav Gaziel. The startup closed the all-equity fundraise at the beginning of the bear market, according to Lavie.