Series B funding was raised by Prime Trust, a one-stop shop for API-based financial infrastructure for fintech and digital asset entrepreneurs. 

The following investors participated in the round: FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund, Gaingels, GateCap Ventures, and Seven Peaks Ventures. 

Prime Trust provides plug-and-play widgets and APIs for key financial services, allowing businesses to begin rapidly. It claims to power mission-critical infrastructure for several of the world's most prominent crypto exchanges, NFT producers, digital wallets, ATS', RIAs, broker dealers, banks, and neobanks. 

It is offering crypto IRA, wealth, and staking products with the fresh funding. In addition, it will enhance its capacity to support tokenized products and shift to a cloud-based architecture. 

Prime Trust's CEO, Tom Pageler, explains that this strategic investment will give crucial operational skills for expanding Prime Trust's offerings to include wealth goods, Web 3 products, and DeFi products.