Crypto Wallet Company Pine Street Labs Closes $6 Million Seed Round Led by Polychain Capital

Pine Street Labs, an enterprise crypto wallet startup, closed a $6 million seed round led by Polychain Capital, with participation from Blockchain Capital, Coinbase Ventures, Genesis, CoinList, Figment and BECO Capital. The funds raised will be used to build commercial wallets.

Designed to shake up the wallet experience for any business that needs to store tokens, Pine Street Labs' solution is a non-custodial crypto wallet API to let businesses plug and play across 12 different blockchains.