CENSE, the provider of a crypto compliance and evidence platform for financial institutions, has secured G+D Ventures as one of the lead investors in its €6.5 million seed round. Alongside G+D Ventures, Rabo Investments co-led the financing round. Several angel investors, including serial entrepreneur Sander ten Hagen, also participated significantly. The platform helps banks and financial institutions gain visibility into customers’ digital asset activity and provides the infrastructure to assess, document, and manage these activities at scale while meeting increasing regulatory requirements. With the new funding, CENSE plans to accelerate the expansion of their activities across Europe.
As digital assets such as cryptocurrencies and stablecoins become increasingly mainstream, banks are facing growing challenges in tracing the flow of funds between wallets, crypto exchanges, and the traditional financial system, for example, when digital assets are liquidated and proceeds are transferred into bank accounts. In many cases, banks lack visibility into the origin of these funds, the underlying activities, and potential risks such as money laundering, sanctions breaches, or terrorist financing. As a result, transactions may be declined, customer relationships can suffer, and valuable business opportunities may be lost.
This is where the platform of CENSE comes in, operating at the intersection of digital assets and traditional banking. The platform automates crypto compliance due diligence and provides banks with standardized, auditable documentation. By collecting and analyzing wallet, exchange, and transaction data, the platform delivers consistent reporting and gives institutions a reliable foundation for informed decision-making.
The solution addresses a clear gap in existing solutions: traditional AML systems are not built for digital assets, while pure crypto analytics platforms fail to adequately reflect regulatory requirements and the internal decision-making processes of banks. CENSE bridges these two worlds, decoding the complexity of digital asset activity into structured, usable evidence that banks can act on.
“What stands out most is the team behind CENSE: the founders have already built two successful companies, and are early pioneers in the space. They combine strong product expertise with proven entrepreneurial experience. The market opportunity is equally compelling, driven by accelerating institutional adoption of digital assets and an increasingly complex regulatory environment that demands precisely such solutions,” states Andreas Barthelmes, Principal, G+D Ventures.
Koen Lenssen, Director at Rabo Investments, highlights that “Rabo Investments is excited to support the team at Cense in this development, reflecting the strong alignment behind a platform that addresses a clear gap in existing solutions.” Traditional AML systems are not built for digital assets, while pure crypto analytics platforms fail to adequately reflect regulatory requirements and the internal decision-making processes of banks. Cense bridges these two worlds, decoding the complexity of digital asset activity into structured, usable evidence that banks can act on.
“Banks need trusted infrastructure to manage digital asset exposure with the same confidence they apply to financial crime and compliance. This investment validates CENSE’s position as that infrastructure layer. G+D Ventures and Rabo Investments bring deep expertise, strong banking networks and operational experience, giving us a strong foundation for the continued expansion”, says Dennis Wohlfarth, CEO of CENSE.
The aim of the financing round is to ramp up the sales team, expand the market position across Europe and close additional tier 1 and tier 2 banks.
About G+D Ventures
G+D Ventures was founded by experienced venture capitalists in 2018. It is a theme-driven investor focusing on growth-oriented companies, whose innovations promote and protect trust in our society. With this goal in mind, it has established a €50m co-investment vehicle with the European Investment Bank (EIB) and the Giesecke+Devrient Group (G+D), dedicated to investing in early-stage European TrustTech startups.
Further information: http://gd.ventures/
About CENSE
CENSE is a Swiss crypto compliance and intelligence company is a spinout of Glassnode. The company develops the Cense crypto compliance and evidence platform for financial institutions, helping banks and other regulated institutions manage digital asset onboarding, compliance and risk processes with greater confidence and regulatory clarity. By combining on-chain and off-chain intelligence with proprietary heuristics and AI-assisted workflows, CENSE translates complex crypto activity into standardized, auditable signals and evidence.
