CloudTech raises A$14 million to expand institutional-grade blockchain platform

CloudTech Group, a blockchain financial infrastructure firm, has announced it has raised A$14 million in a Series A capital round, with AUD$11 million contributed in Bitcoin and USDT.

The funding will drive the launch of CloudTech Custody, a secure, institutional-grade custody solution for digital assets, and further expand the company’s broader crypto-native financial ecosystem.

Founded in 2021, CloudTech delivers a suite of institutional-grade digital finance services spanning over the counter (OTC) trading, stablecoin solutions, and CobWeb Pay, a proprietary platform bridging fiat and digital payments. The launch of CloudTech Custody marks the next phase in building a fully integrated platform tailored for professional investors, digital-native businesses and financial institutions entering the decentralised economy.

“This raise marks a major step forward in delivering core infrastructure for the digital asset economy,” said Mandy Jiang, Chief Financial Officer and Executive Director, CloudTech Group. “Custody is critical for institutions entering this space, and we’re building a solution that combines blockchain’s strengths with the standards and safeguards expected in traditional finance.”

Blockchain-based custody is essential to the institutionalisation of digital assets. As crypto evolves, so does the need for secure, accessible asset storage. Our custody solution removes the technical burden of self-custody while giving users full control. Managing digital assets has never been simpler or safer.

The CloudTech Custody platform will offer segregated wallets, end-to-end encryption, and transparent reporting, ensuring that institutional clients can hold and manage digital assets with confidence.

The company’s leadership team includes senior professionals from global banks, asset managers, and infrastructure providers, combining decades of experience in financial regulation, risk management and payments. This experience underpins CloudTech’s commitment to building trusted, compliant, and scalable financial infrastructure.

“We’re applying the disciplines of traditional finance to the blockchain space, not just in technology, but in governance, transparency and control,” said Jiang. “Our ecosystem is designed to meet the needs of institutions looking for more than just access — they’re looking for infrastructure they can trust.”

The Series A round, backed by six individual and institutional investors, is one of Australia’s largest crypto-denominated capital raises to date. Its structure — with AUD$11 million raised in Bitcoin and USDT — signals the growing maturity of digital assets as a funding tool for long-term infrastructure plays.

CloudTech’s current range of services includes:

• CloudTech Custody – Launching in 2025, designed to meet institutional-grade standards for security, transparency and control
• OTC Trading – High-touch execution services and liquidity access for large digital asset transactions
• CobWeb Pay – A digital-to-fiat payment platform supporting real-time conversion and merchant integration
• Stablecoin Solutions – Custom frameworks for businesses managing on-chain transactions and settlement flows

With a national team of over 40 professionals, CloudTech Group have stated that they are committed to reshaping the financial system by combining blockchain’s potential with the trust, resilience and regulatory familiarity of traditional finance.