Fireblocks, a startup that provides traditional institutions with a secure infrastructure for moving, storing, and issuing digital assets, raised $310 million in Series D funding on July 27.

This was the highest amount raised by an Israeli company in July, which continued this year’s strong investment streak.

The Fireblocks round was co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X, the venture arm of Thailand’s oldest bank, Siam Commercial Bank, whose investment marks the third global bank to invest in Fireblocks alongside BNY Mellon and SVB Capital. The New York-based unicorn, with offices in Tel Aviv, is now valued at $2 billion.

“As crypto becomes increasingly important, we are seeing an explosion of companies that handle digital assets, including crypto-native companies, fintech companies, neobanks, and traditional financial institutions, said Ravi Gupta, Partner at Sequoia Capital.

“The secure storage and transfer of digital assets will be core to all of these businesses, and Fireblocks is positioned to become the infrastructure for companies to secure and move digital assets.”