Deblock, a crypto wallet, has completed a $16.8 million seed round funding, with participation from Headline and others.

BlockBeats News, November 21st, according to documents filed this month at the UK Companies House, crypto wallet Deblock, founded by former Revolut and Ledger executives, has completed a £13.3 million (approximately $16.8 million) seed funding round. The funding was led by Headline, Hoxton, 20VC, and Chalfen, among others.

In August 2022, former Revolut cryptocurrency lead Jean Meyer, payment lead Aaron Beck, and Ledger former engineering lead Mario Eguiluz co-founded Deblock. Later that year, the startup poached Revolut's Chief Operations Officer for Europe, Adriana Restrepo, to serve as its fourth co-founder.

The Deblock app is currently only available in France, where it operates under the supervision of electronic money institutions and digital asset service providers.