Visa, Consensys and A16Z supported the Sardine platform in the round of $ 51.5 million

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The Sardine Fraud Platform attracted $ 51.5 million in the round of financing of the series B under the leadership of Andreessen Horowitz (A16Z). This is reported by The Block.

Among investors: NG Ventures, Consensys, Cross River Digital, Visa, Eric Schmidt and Google Ventures.

Sardine helps companies achieve compliance with regulatory standards and reduce fraud risks, concentrating on growth.

CEO and co -founder Sardine Sports Ranjan, who previously worked in Coinbase and Revolut, said the company serves 135 clients. Among them are such large players as FTX, Blockchain.Com and Brave.

With the help of raised funds, the startup team hopes to expand marketing efforts and achieve an increase in sales at the international level.

Developers also work on creating a platform for analysis of risks focused on the players of the field of traditional finance.

In February, Sardine raised $ 19.5 million following a round of financing of series A, also led by A16Z.

Recall that in May Andreessen Horowitz attracted $ 4.5 billion to a Focus with a focus on Web3 and cryptocurrency startups.

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