News Digital

Bron Labs Raises $15M to Democratize Institutional-Grade Crypto Security

Bron Labs Raises $15M to Democratize Institutional-Grade Crypto Security
Sunday, 02 November 2025 12:37
  • London-based Bron Labs, founded by ex-Copper Technologies CEO Dmitry Tokarev, raised $15 million from 140 investors including LocalGlobe, Fasanara Digital, and GSR.
  • The platform introduces a “guardian recovery model,” allowing users to appoint trusted contacts to help recover lost wallets with a 48-hour security delay.
  • Launch targets professionals and small businesses seeking institutional-level wallet protection at lower cost.

Crypto veteran Dmitry Tokarev, founder of the institutional custodian Copper Technologies, has unveiled a new venture, Bron Labs, a self-custody platform aimed at bringing enterprise-grade security tools to individual users. The company secured $15 million in seed funding from about 140 backers, including LocalGlobe and Fasanara Digital, Bloomberg reported.

Bron’s model lets users appoint two “guardians” who must approve any wallet recovery request. Once confirmed, a mandatory 48-hour delay is triggered before access is restored, a safeguard Tokarev says could help deter hackers and thieves amid a surge in crypto-related crimes. The system also integrates biometric verification and customizable security limits for large transfers.

Subscriptions start at $20 per month for individuals and $3,000 for small businesses, while early investors received a utility token that can offset subscription fees. The name Bron, meaning “bridge” in Swedish and “strength” in ancient Slavic, reflects Tokarev’s goal to connect institutional-grade protection with mainstream crypto users.

With crypto thefts and physical “wrench attacks” on the rise —more than 50 recorded this year, according to data compiled by entrepreneur Jameson Lopp —Bron Labs’ launch comes as self-custody gains urgency. The platform opens to the public on Tuesday, November 4, 2025, positioning itself as a bridge between personal convenience and professional-grade digital asset security.

By Cynthia Ebot Takang

On the same topic
London-based Bron Labs, founded by ex-Copper Technologies CEO Dmitry Tokarev, raised $15 million from 140 investors including LocalGlobe, Fasanara...
Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diagnostics, telemedicine, and nationwide digital hospital...
Burkina Faso to integrate AI into healthcare to boost diagnostics and planning. Government to create Health Intelligence Center for data-driven medical...
OVHcloud tech to be deployed in data centers in Côte d’Ivoire, Gabon, Cameroon Deal supports secure local data hosting, AI, and regional digital...
Most Read
01

Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M fu...

Wave Launches Commercial Bank in Côte d’Ivoire
02

Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and...

Sonatel Stock Nearly 19% Rise Over the Year, Signals Undervalued Telecom Giant Poised for Further Growth
03

Cameroon's Constitutional Council declared Paul Biya the winner of the presidential election, secu...

Presidential Elections: Paul Biya Declared Winner in Cameroon, Alassane Ouattara Favorite in Ivory Coast
04

Safaricom's M-Pesa integrated with Ethiopia's national payment network, EthSwitch, on October 27. ...

Safaricom Integrates M-Pesa Into Ethiopia's Payment Rail
05

ECCBC invests $77.6M to expand Morocco plant, boosting output by 40% New lines produce soft ...

Moroccan Bottler ECCBC Invests $77.6 Million to Grow Its Operations
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.