Founded
2016
2016
CEO
Joe Kelly
Joe Kelly
Status
Private
Private
Valuation
~$300M+ (Series B)
~$300M+ (Series B)
Founders
Joe Kelly, Dhruv Bansal
Joe Kelly, Dhruv Bansal
Key Leadership
Dhruv Bansal (CTO), Will Cole (Advisor), Jeff Vandrew (Chief Partner Officer)
Dhruv Bansal (CTO), Will Cole (Advisor), Jeff Vandrew (Chief Partner Officer)
Category
Bitcoin Financial Services / Collaborative Custody
Bitcoin Financial Services / Collaborative Custody
Regulatory Status
Registered Money Services Business (MSB); SOC2 Type 2 Compliant
Registered Money Services Business (MSB); SOC2 Type 2 Compliant
BTC Holding
Undisclosed (Secures billions in client assets)
Undisclosed (Secures billions in client assets)
Website
unchained.com
unchained.com
Product Ecosystem
Unchained specializes in multisig vaults, Bitcoin-backed lending, and IRAs. Their “Collaborative Custody” model distributes keys to eliminate single points of failure.
Open Source
- Caravan (Multisig Coordinator)
- Hermit (Air-gapped Wallet)
Standards
- BIP32, BIP141 (SegWit)
- Hardware Agnostic Support
Connection & Network
A central pillar of the Austin Bitcoin Hub, Unchained is partnered with Trezor, Ledger, and Coldcard. Their network includes the Unchained Advisor Network, connecting clients with Bitcoin-native financial planners.
| Invested Amount | $100M+ Total (Series B) |
| Lead Investors | Valor Equity Partners, NYDIG, Ten31 |
| Past Founder Success | Dhruv Bansal (Previously co-founded Guild, acquired) |
| Subsidiaries | Unchained Trading, Unchained Lending, Unchained IRA |
| Companies Founded by Team | 2 (Guild, Unchained) |
| Other Team Investments | Active angel investors in Lightning & Mining startups. |