According to Business Insider, the encryption exchange C3 completed a $6 million seed round of financing, led by Two Sigma Ventures, the venture capital arm of hedge fund Two Sigma Investments, Jane Street Capital, Hudson River Trading, Flow Traders, Jump Capital, GoldenTree Asset Management and Encrypted native trading institutions CMS Holdings, AlphaLab Capital, Cumberland and C2 Ventures participated in the investment.

C3 co-founder Michel Dahdah from Venezuela said that C3 supports its clients keeping funds in non-custodial crypto wallets or using another financial custodian of their choice, such as Fireblocks or Anchorage. C3 also supports traditional email logins, using multi-party computation encryption to authenticate and protect that data.