In recent years, the fintech landscape has undergone a dramatic transformation. What once began as a race to launch innovative financial products has evolved into a strategic push toward consolidation—fintechs now compete not just on speed, but on breadth. The goal? To become a one-stop platform that seamlessly integrates a wide range of financial services, from compliance and custody to wealth management and blockchain-based solutions.
At the forefront of this shift is Prime Trust, a Las Vegas-based fintech infrastructure and crypto custody startup. The company has recently secured over $100 million in Series B funding to expand its product suite, with a strong focus on launching crypto-focused IRA accounts, wealth management tools, and crypto staking services. According to Rodrigo Vicuna, CFO of Prime Trust, this latest round reflects growing investor confidence in the company’s role as a foundational player in the digital asset ecosystem.
A Strategic Expansion in a Competitive Market
The funding round brings together a mix of existing and new investors, including prominent names such as FIS, Kraken Ventures, William Blair & Company, Decasonic, and Seven Peaks Ventures. This diverse investor base underscores the trust placed in Prime Trust’s long-term vision and execution capabilities.
Just a year after raising $64 million in its previous funding round, Prime Trust has significantly scaled its operations. The company has grown its team to 400 employees, with strategic hires across key departments including research and development, engineering, sales, and compliance. This rapid expansion positions Prime Trust to meet the increasing demand for secure, scalable fintech infrastructure.
Today, Prime Trust serves approximately 700 institutional clients, including crypto exchanges, on-ramp platforms, wallet providers, alternative trading systems (ATSs), registered investment advisors (RIAs), broker-dealers, and even traditional banks. These institutions rely on Prime Trust to power critical backend operations—making it a true “picks-and-shovels” play in the evolving fintech and Web3 economy.
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The Three-Pillar Architecture: Onboarding, Monetization, Liquidity
Prime Trust’s service model is built around three core technological stacks:
- Onboarding – Encompasses regulatory compliance (KYC, AML, BSA) and payment rail integrations.
- Monetization – Includes trading capabilities, asset custody, and revenue-generating financial functions.
- Liquidity – Focuses on products that enhance capital efficiency, such as IRAs and trading infrastructure.
As Vicuna explains, most fintechs start with onboarding because compliance is non-negotiable. But now, he notes, “that’s table stakes.” Institutions no longer want just compliance tools—they’re looking for full-stack solutions that enable growth, scalability, and new revenue streams.
“We’re seeing a shift,” Vicuna said. “Clients are asking: Can you help us launch retirement accounts? Can you support staking? Can you handle tokenized assets? That’s where we’re headed.”
Building for the Future: IRAs, Staking, and Tokenized Assets
With the new capital, Prime Trust is accelerating development in several high-demand areas:
- Crypto IRAs: Retirement accounts that allow users to invest in digital assets, combining long-term wealth planning with crypto exposure.
- Crypto Staking Services: Enabling clients to earn yield on their holdings through proof-of-stake blockchains.
- Wealth Management Tools: Expanding beyond custody to offer more sophisticated investment management features.
Additionally, the company is investing heavily in security enhancements, scalability upgrades, and a new cloud-native architecture designed to support high-volume transactions and evolving regulatory requirements.
A major area of focus is tokenized assets, including NFTs and other non-fungible digital property. Vicuna emphasized that supporting the full spectrum—from fungible tokens like Bitcoin to unique digital assets—is central to Prime Trust’s mission as a backend infrastructure provider.
“Being able to support the broader use cases of blockchain beyond any single asset class is a core part of what we do,” he said.
Standing Out in a Crowded Crypto Infrastructure Space
The crypto infrastructure sector is highly competitive, with players like Blockdaemon and Cryptio vying for market share. Yet Prime Trust differentiates itself through the breadth and modularity of its platform. Clients can choose specific services—such as compliance rails or custody—without being forced into an all-or-nothing package.
This flexibility is especially valuable for institutions navigating complex regulatory environments while experimenting with new product offerings.
Despite broader market volatility and a challenging fundraising climate for crypto startups in 2025, Prime Trust’s latest round was oversubscribed—a testament to investor belief in its foundational role in the fintech ecosystem.
“We had both the benefit of planning early and being in the right place at the right time,” Vicuna said. “People were excited about the core back-end infrastructure. They want to bet on adoption—and they believe that despite short-term volatility, the long-term trend is upward.”
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Frequently Asked Questions (FAQ)
Q: What is Prime Trust’s main business?
A: Prime Trust is a fintech infrastructure provider offering compliance, custody, trading, and liquidity solutions for crypto platforms, banks, RIAs, and other financial institutions.
Q: What will the $100M funding be used for?
A: The funds will support the launch of crypto IRAs, staking services, wealth management tools, security upgrades, and expanded support for tokenized assets like NFTs.
Q: Who are Prime Trust’s customers?
A: The company serves around 700 institutional clients, including crypto exchanges, wallet apps, broker-dealers, ATSs, RIAs, and traditional banks.
Q: How does Prime Trust differ from other crypto infrastructure firms?
A: Its key differentiator is the breadth of its platform—offering modular solutions across onboarding, monetization, and liquidity stacks—allowing clients to pick only what they need.
Q: Is Prime Trust regulated?
A: Yes. As a financial infrastructure provider handling custodial services and compliance, it operates under strict regulatory frameworks including AML, KYC, and BSA requirements.
Q: What is a crypto IRA?
A: A crypto IRA is a self-directed retirement account that allows individuals to invest in digital assets like Bitcoin and Ethereum while enjoying tax-advantaged growth.
Core Keywords
- Fintech infrastructure
- Crypto custody
- Crypto IRAs
- Crypto staking
- Tokenized assets
- Web3 backend
- Institutional fintech
- Blockchain compliance
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Prime Trust’s latest funding milestone isn’t just about capital—it’s a signal of confidence in the future of integrated digital finance. As institutions seek reliable, scalable partners to navigate the convergence of traditional finance and blockchain innovation, companies like Prime Trust are becoming indispensable.
By focusing on holistic infrastructure rather than isolated features, Prime Trust is helping shape a more connected, compliant, and capable financial ecosystem—one where crypto isn’t an add-on, but a core component of modern wealth management.