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Paradiso Ventures Inc., operating under the trade name Balance, delivers institutional-grade digital asset custody solutions. The company's core offering focuses on providing secure storage and comprehensive management services for cryptocurrencies and other digital assets, designed specifically to meet the stringent requirements of professional investors. Their platform incorporates regulatory compliance and robust reporting capabilities, ensuring adherence to industry standards and client needs for transparent asset oversight.
The company was co-founded in 2017 by George Bordianu, who serves as CEO, and Baha Nurlybayev. Established in Toronto, Canada, their initial insight recognized the growing demand for trusted and secure infrastructure capable of handling significant volumes of digital assets for a sophisticated client base. Bordianu, with a background in advising early-stage startups on various aspects of the crypto and blockchain legal landscape, brought crucial expertise to building a compliant custody provider.
Balance serves a clientele comprising institutional investors, asset managers, and high-net-worth individuals. The company's vision centers on becoming the leading provider of secure and compliant digital asset custody, empowering institutions to confidently participate in the digital economy by mitigating operational and security risks associated with holding volatile digital assets. They aim to continually evolve their infrastructure to support the increasing institutional adoption of digital finance.
Paradiso Ventures has 1 tracked investment across 1 company. The latest tracked deal is $26.0M Series B in SQream Technologies in May 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2018 | SQream Technologies | $26.0M Series B | Chaoqun (ethan) Zhan | Alumni Ventures, Kewpie Associates, Norwest Venture Partners, RRE Ventures, Silvertech Ventures, Glory Ventures, Hanaco Ventures, Sistema VC, World Trade Ventures |