IntoTheBlock and Trident Merge, Secure $25M Backing to Build Institutional DeFi Gateway

Decentralized finance (DeFi) firms IntoTheBlock and Trident Digital have merged to form Sentora, joining forces to bring institutional investors onchain.The new company, helmed by Anthony DeMartino, co-founder of Trident and former head of risk strategies at Coinbase (COIN), has also raised up to $25 million in fresh capital with New Form Capital leading the investment. Ripple, Tribe Capital, UDHC, Joint Effects also participated in the fundraising round, with further backing from strategic ecosystem investors including Curved Ventures, Flare and Bankai Ventures.The merger comes at a time when DeFi is maturing from its "wild west" beginnings into a blockchain-based financial economy with offerings increasingly catered towards sophisticated investors source: https://www.coindesk.com/business/2025/05/05/intotheblock-and-trident-merge-secure-usd25m-backing-to-build-institutional-defi-gateway