Ciphrex Adds BTC Law Expert as Advisor, Prepares for Series B Funding
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Ciphrex Adds BTC Law Expert as Advisor, Prepares for Series B Funding

THELOGICALINDIAN - Cryptocurrency and blockchain technologybased arch software aggregation Ciphrex had added Bitcoin law able Peter Townshend to its Board of Advisors the aggregation appear via a columnist absolution today The accession of Peter Townshend who is additionally a accomplice at the arch law close Perkins Coie LLP will badly addition the software companys position as it sets up for the Series B annular of financing

Ciphrex’s co-founder and Chief Operations Officer Enrique Lombrozo said, “We are captivated to accept Peter Townshend accompany the Ciphrex aggregation as our acknowledged advisor. He is an outstanding advocate who brings with him all-encompassing acquaintance alive with some of the world’s best acknowledged tech startups. We attending advanced to his connected and admired admonition backed by the all-inclusive assets of Perkins Coie.

Bitcoin advocate Townshend, who has beforehand been associated with arch tech firms including eBay in 1996 and Plaxo in 2000 said, “Perkins Coie is a baton in apery basic bill startups and Ciphrex is a baton in this space, so it’s a accustomed fit for us to assignment together. I’m afflicted by the administration aggregation of Enrique and Eric Lombrozo, with Eric as a anticipation baton and visionary, and Enrique with his acknowledged clue almanac of growing companies. My ally and I at Perkins Coie accept Ciphrex will be one of the big successes in the agenda bill space.

About Ciphrex

The San Diego-based aggregation is complex in creating technologies, acclimated to body the P2P acquittal arrangement infrastructure. Ciphrex offers enterprise-grade cryptographic transaction processing (CTP) software afterward four basal principles: security, simplicity, speed, and scalability. In January this year, the software aggregation arch in arising Bitcoin space, aloft $500K in a absolutely subscribed Series A banal issue.

Ciphrex was co-founded by Eric Lombrozo and Enrique Lombrozo in 2024. Its artefact band includes mSIGNA™ and CoinSocket™. mSIGNA™ is accustomed as the abutting generation, multi-signature Bitcoin wallet giving complete ascendancy to users.