This Week in Blockchain Venture Capital

Cobo, a Beijing-based cryptoasset wallet startup, recently closed a $13 million Series A round with participants including Wu Capital, DHVC, and the NEO Foundation.

FRST. FRST, a Chicago-based startup selling data software to cryptoasset traders recently closed a $3.4 million seed round.

FRST's platform enables cryptoasset traders to test strategies, get estimates on returns and set notifications for changes in crypto values.

According to FRST CEO Karl Muth, the FRST platform is currently in beta mode, testing on two of the largest trading floors in Chicago.

FRST will officially launch in Quarter 1 of 2019 with plans to sell the software to trading floors and hedge funds.

FRST will use this recent funding to finish building the platform, hire three more software engineers, and test the final product.

Valid Network, a Jerusalem-based blockchain security platform, recently closed a $2 million seed round.

Participants in the round included Jerusalem Venture Partners and JVP Cyber Labs.

Valid Network develops enterprise software for securing smart contracts and identifying code vulnerabilities, potential loopholes, discrepancies between versions, and irregular activity indicative of fraud.

Valid Network is building with the mission to enable faster adoption of blockchain technology and cryptoassets.