Digital asset recovery service provider Recoveries has completed a strategic round of financing of 1 million Swiss francs, led by VerifyVASP

ChainCatcher news, according to market news, blockchain data analysis and digital asset recovery service provider Recoveries announced the completion of a 1 million Swiss franc strategic round of financing, led by VerifyVASP, with participation from a group of angel investors.

The new funds are intended to accelerate the development of its AI-enhanced blockchain investigation management system that supports cross-chain investigations, aiming to streamline the digital asset recovery processes for global exchanges, banks, insurance companies, and law firms.