On December 11, 2023, Nonco, an institutional digital asset brokerage firm, announced it has raised $10 million of aggregate new capital in a Seed investment round led by Valor Capital Group and Hack VC. The round was a combination of equity and convertible notes and, in addition to the investment from Valor Capital and Hack VC, included investments from Morgan Creek Digital, Bullish, CMCC, Lvna Capital, Theta Capital, Bastion Trading, Libra Capital Ventures, and others. Nonco will use the capital to continue its growth and serve the Americas' growing institutional demand.

Wilson Sonsini Goodrich & Rosati represented both Valor Capital and Hack VC in the transaction. The Wilson Sonsini team includes Matt Squires, Vanessa Jacob Heck, Jose Corte-Real, Estefano Martinez, and Jacob Morales.

For more information, please see the press coverage on CoinDesk and Business Wire.