Crypto Bank Protego Trust Bank Is Raising Series B Funding at Nearly $2 Billion Valuation

Protego Trust Bank, a chartered crypto bank advised by Brian Brooks, is raising a Series B round of funding at a nearly $2 billion valuation. Previously, Protego Trust Bank closed a $70 million Series A round in 2021 with participation from FTX, Coinbase, Algorand, Avalanche, Cardano, Ripple and others.