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IntoTheBlock and Trident Digital have merged to form a new company, Sentora, which has completed a $25 million financing round led by New Form Capital.
On May 6, CoinDesk reported that IntoTheBlock and Trident Digital announced a merger to form a new company, Sentora, which aims to introduce institutional investors to the on-chain world. The new company is led by Anthony DeMartino, co-founder of Trident and former head of risk strategy at CEX. Sentora also closed a $25 million new funding round led by New Form Capital, with participation from Ripple, Tribe Capital, UDHC, and Joint Effects, as well as support from strategic ecosystem investors such as Curved Ventures, Flare, and Bankai Ventures.