ChainCatcher news, according to The Block, crypto startup Bastion has appointed former a16z and Kraken chief of staff Caroline Friedman as the company's Chief Operating Officer. Caroline Friedman has served as the head of operations since February and will subsequently manage Bastion's compliance, regulatory affairs, personnel, public policy, and financial functions as Chief Operating Officer.

ChainCatcher news, enterprise-level web3 coordinator and custody wallet Bastion announced that it has obtained money transmission licenses (MTL) in New Hampshire and Arkansas. The acquisition of these licenses enables Bastion to engage in activities related to the sale or issuance of payment instruments, stored value, prepaid access, and receiving money and virtual currency in these states. Bastion was founded by two former a16z executives, providing seamless integration of Web3 infrastructure and enterprise technology.According to data from the Web3 asset data platform RootData, Bastion has completed a $25 million seed round financing, led by a16z crypto, with participation from Laser Digital Ventures under Nomura Group, Robot Ventures, Not Boring Capital, and others.

ChainCatcher news, according to Bloomberg, crypto startup Bastion has completed a $25 million seed round financing, led by a16z crypto, with participation from Nomura Group's Laser Digital Ventures, Robot Ventures, Not Boring Capital, and others.It is reported that Bastion provides services such as cryptocurrency custody.