Tagged: coinbase ventures

Institutional Digital Asset Lending Platform, CLST, Acquires Funding from Spartan Group, Others

CLST, an institutional-only lending and borrowing venue for stablecoins and crypto assets, has closed a seed round, led by Spartan Group, with participation from Coinbase Ventures, Kraken Ventures, GSR, Menai Financial Group, Luno Expeditions, a subsidiary of Digital Currency Group, and TX Ventures – the… Read More

Socket Welcomes $5M Seed Round, Attracts Coinbase Ventures, Mark Cuban as Investors

Socket (previously known as Movr Network) has announced a $5 million seed round, led by Framework Ventures, an investment adviser with significant experience in decentralized finance (DeFi) space, and with participation from a group including Coinbase Ventures, Lightspeed, eGirl Capital, Nascent, Geometry, and entrepreneur Mark… Read More

Fintech Tribal Acquires $60M in Series B Equity Raise led by SoftBank LatAm Fund

Tribal, a B2B payments and financing platform for emerging markets, has secured $60M in Series B funding led by SoftBank Latin America Fund. Coinbase Ventures also participated in the investment round, which included contributions from existing investors BECO Capital, QED Investors, and Rising Tide. In… Read More

CoinTracker Secures $100M to Make Digital Asset Portfolio Tracking, Tax Compliance More Seamless

In 2017, the team at CoinTracker began “tinkering” with cryptocurrency. CoinTracker writes in a blog post that they set up accounts on several different exchanges and started using a bunch of digital wallets. The company points out that while exchanges and virtual wallets have made… Read More

Bahrain based Crypto Exchange Rain Financial Secures $110M via Series B Round

Bahrain-headquartered cryptocurrency exchange Rain Financial has secured $110 million in capital via a Series B round. Rain Financial reports that its investment round has been co-led by Paradigm and Kleiner Perkins along with contributions from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, and CMT… Read More

Folks Finance, a Capital Markets Protocol, Closes Successful $3M Seed Round

Folks Finance, a capital markets protocol for borrowing and lending built on the top of the Algorand blockchain, today announced the closing of its $3 million seed funding round, led by Borderless Capital with participation from a group including Jump Crypto, ParaFi Capital, Coinbase Ventures,… Read More

Crypto Assets: Self-Directed IRA Platform Alto Celebrates 2022 With $40M Series B

Alto, a self-directed IRA platform for individuals seeking to invest in alternative assets using tax-advantaged retirement funds, today announced the successful close of a $40 million Series B funding round. Advance Venture Partners was the lead on this round of funding, with additional participation from… Read More

Ledn Celebrates $70M Series B, Plans Unique Crypto-Backed Mortgage

Ledn, a global digital asset savings and credit platform, today announced it successfully raised $70 million in a Series B funding round which brings its valuation to $540 million. 10T Holdings led the round while Golden Tree Asset Management, Raptor Group and FJ Labs were… Read More

Coinbase Ventures Among Backers of X-Margin Series A

X-Margin, a company applying privacy-preserving technology to credit and financial market risk, has raised $8 million in a Series A funding round where Coinbase Ventures, HashKey Capital and Spartan Group were major investors. Bixin Ventures, Miranda Ventures (Bybit), Gemini, Primitive Ventures and Kenetic Capital also… Read More

Crypto Wealth Platform Vauld Raises $25M, Thiel-Backed VC Firm Leads Raise

Cryptocurrency wealth platform Vauld has completed a $25 million Series A round led by Valar Ventures, a VC firm cofounded by Peter Thiel. Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner and Cadenza Capital also participated. The funding will be used to hire… Read More

Multichain Relayer Infrastructure Network Biconomy Secures $9M from DACM, Mechanism Capital, Coinbase Ventures, Others

Biconomy, a multichain relayer infrastructure network and transaction platform that enables Web3.0 developers to easily build applications, has revealed that it secured $9 million in a private funding round that was led by DACM and Mechanism Capital, along with contributions from  Coinbase Ventures, Coinfund, True… Read More

Coinbase Ventures, Shunwei Capital, Coatue Join Blockchain Security Auditing Firm CertiK’s $37M Series B

CertiK reports that it has finalized a Series B funding round, raising more than $37 million in capital. The CertiK Family of investors continues to grow with backing from Coatue Management, Shunwei Capital, and Coinbase Ventures. As mentioned in an update shared with CI: “We… Read More

Augmentum Fintech Leads Tesseract’s $25M Series A with Participation from Coinbase Ventures, Others

Augmentum Fintech plc (LSE: AUGM), the UK’s only publicly listed investment firm that’s focused on the Fintech industry, has made a $10 million (c. £7.3 million) investment into Helsinki based Tesseract Group Oy, marking Augmentum’s first investment into Finland. As noted in a release shared… Read More

Controversial BitClout Project, which will Offer Social Currency Issued by Digital Artists, Already Facing Lawsuit Before Official Launch

There’s been a lot of hype around non-fungible tokens or NFTs, with many major digital art auctions and opportunities to exchange virtual trading cards. There’s also been a lot of talk among major investors who believe that these scarce tokens may support the future of… Read More

Coinbase Adds Trading Support for More Cryptocurrencies including Polygon (MATIC), SKALE (SKL), SushiSwap (SUSHI)

Cryptocurrency exchange Coinbase confirmed on March 12, 2021 that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) are now available for trading on its platform. Coinbase.com users may now trade MATIC, SKL, and SUSHI tokens. They can purchase, sell, convert, send, receive, or store these digital… Read More

Unprecedented Bitcoin Rally Supported by Best-Performing Quarter for Crypto and DLT Startup Funding Totaling Over $700M in Q4 2020: Report

The current Bitcoin (BTC) bull market has been fueling another major boom in blockchain or distributed ledger tech (DLT) startup deals. Coinbase Ventures had launched back in 2018, which was during the extended cryptocurrency bear market that lasted from early January of that year to… Read More

Cryptocurrency Tax Automation Software Provider TaxBit Scores Investments from PayPal Ventures, Winklevoss Capital, & Coinbase Ventures

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on  Thursday it scored investments from PayPal Ventures and Coinbase Ventures. The latest investments come just a little over a year after TaxBit raised $5 million through its seed funding round. As previously reported, Taxbit claims… Read More

Leading Indian Crypto Exchange CoinDCX Secures $2.5 Million in Additional Investments to Support Nationwide “TryCrypto” Campaign

  CoinDCX, one of India’s largest digital asset exchanges, has secured an additional $2.5 million in funding from several major blockchain investors, including Coinbase Ventures (the investment division of cryptocurrency exchange Coinbase) and Polychain Capital. The latest investment acquired by CoinDCX has come around two… Read More

Digital Asset Exchange Bitnomial Receives Approval to Offer Bitcoin (BTC) Futures and Options Contracts

Digital asset exchange Bitnomial has been approved to offer Bitcoin (BTC) futures and options contracts. Established in 2015, Bitnomial acquired $7.5 million in capital through an equity raise that was finalized in December of last year. On April 20, 2020, the exchange operator confirmed that… Read More

Andreessen Horowitz and Coinbase Ventures-backed Celo Foundation to Challenge Libra Stablecoin Project

The Facebook-led Libra stablecoin project might now have some competition. The Celo Foundation has managed to sign up 50 organizations to its “Alliance for Prosperity” program, which aims to enable greater financial inclusion by leveraging blockchain technology and helping people transact with digital assets. Giant… Read More

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