CheckSig, an Italian fintech founded in 2019 by Ferdinando Ametrano and Paolo Mazzocchi with the goal of making crypto services safe and transparent for private and institutional investors, has announced the closing of a Series A extension funding round of €3.5 million. The capital raised will be used to accelerate the company’s growth in Italy and abroad, strengthening its leadership in the European crypto sector.

The round follows the Series A of €2.7 million closed in 2024 and brings CheckSig’s post-money valuation to €33.5 million. A pool of strategic private investors and selected companies participated in the operation, confirming confidence in the business model and the sector’s expansion potential.

CheckSig’s Services

Thanks to the resources raised, CheckSig will be able to accelerate the development of innovative crypto solutions. Among the products already launched:

• Crypto Custody - a secure digital wallet with advanced multi-signature custody features, designed for private and institutional investors. CheckSig was the first crypto company in the world to monthly provide Proof-of-Reserves, guaranteeing transparency on asset control. The custody service includes insurance coverage and has obtained two patents for industrial innovation.
• Crypto Trading - a platform integrated with the custody service that allows buying, selling, and exchanging over 40 crypto-assets. Thanks to the best execution system, every transaction is executed at the best available market price.
• Crypto Tax Withholding Agent - the first service of its kind in Italy, which automates the entire tax process for crypto-assets, reducing errors and management time. Users can thus comply with tax obligations without complications, with a simple and transparent flow directly from the platform.
• CheckSig Clear - a Crypto-as-a-Service platform developed for banks and financial intermediaries. Clear allows institutions to offer their clients trading, custody, and crypto-asset management solutions, without developing internal infrastructure, with security, transparency, and full regulatory compliance.

Upcoming Developments

The fintech aims to obtain the MiCAR license anticipated for 2026, which will confirm its ability to offer regulated crypto services. In parallel, CheckSig has already started the internationalization process, with the opening of operations in Switzerland in 2025 and plans to extend its presence to new European markets in the next two years.

“This round allows us to consolidate our position in the Italian market and accelerate international expansion,” states Ferdinando Ametrano, CEO of CheckSig. “The next few years will be fundamental for the growth of the crypto sector: the opening of the European market, new capital flows, and increasing institutional adoption will transform the market. CheckSig aims to lead this evolution, offering secure and regulated services that allow private and institutional investors to participate in the sector in a simple and reliable way.”