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Privy is deepening our partnership with Coinbase

Announcing a strategic investment from Coinbase Ventures. Together, we help developers build better products onchain. This means helping developers build on Base, fund their users’ accounts, set up Coinbase Smart Wallets, leverage Magic Spend and more! With this investment, we’re excited to deepen our partnership with Coinbase.

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July 16, 2024

Ampleforth introduces ‘low-volatility’ alternative to fiat stablecoins

Coinbase Ventures provided $1 million in funding for the new digital asset that tracks the Consumer Price Index, offsetting inflation.

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July 9, 2024

Solana-based multisig protocol Squads raises $10 million, launches retail wallet app Fuse

Electric Capital led the funding round, with Coinbase Ventures, Placeholder VC, RockawayX, L1 Digital and Mert Mumtaz, co-founder and CEO of Helius and founder of Odyssey Ventures, participating in the round.

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June 10, 2024

Yield-bearing stablecoin issuer Mountain Protocol raises $8 million in Series A round

Multicoin Capital led the round, with Castle Island Ventures, Coinbase Ventures, and other investors participating.

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June 6, 2024

Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado

Stablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances.

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June 4, 2024

Neynar raises $14M to build technology stack for social protocols

oday, we’re excited to announce we’ve raised $11M in Series A funding from Haun Ventures and Union Square Ventures, with participation from our existing investors a16z CSX and Coinbase Ventures, and support from the best founders in the crypto ecosystem.

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May 30, 2024

Arcium Raises a $5.5M Strategic Funding Round to Launch the First Parallelized Confidential Computing Network

Today, we proudly announce Arcium's $5.5 million strategic funding round led by Greenfield Capital, bringing the total capital raised to $9 million. The round saw participation from Coinbase, Heartcore Capital, Longhash VC, L2 Iterative Ventures, Staking Facilities, Smape Capital, and Everstake.

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May 9, 2024

Paragraph raises $5M & Joins Forces with Mirror

Excited to announce that we've raised $5m, led by Union Square Ventures with participation from Coinbase Ventures. Fred Wilson, Nick Grossman and the rest of the USV team have been thinking about the intersection of publishing & digital ownership for as long as anyone and we're thrilled to not only partner with them, but to also welcome their newsletters to Paragraph.

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May 2, 2024

Announcing Turnkey’s $15M Series A

Thrilled to announce that we’ve raised a $15M Series A co-led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, Mirana Ventures, and more, to accelerate innovation in crypto.

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April 23, 2024

Shared security project Othentic completes $4 million seed round of financing

Othentic, a project focused on the security of distributed system sharing, announced the completion of a $4 million seed round of financing on the X platform. Finality Capital Partners and Breyer Capital jointly led the investment, with participation from Coinbase Ventures, HashKey Capital, Collider Ventures, BanklessVC, Robot Ventures, Everstake, PUNK DAO, and others.

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April 22, 2024

Puffer Finance Raises $18M to Propel Ethereum’s Decentralization

Puffer is bubbling with excitement to share some fintastic news: we have successfully closed our Series A funding round, raising a whale of $18 million! Led by the savvy sea captains at Brevan Howard Digital and Electric Capital, this treasure chest will fuel the launch of our Puffer Mainnet, setting the stage for a more decentralized Ethereum ocean.

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April 17, 2024

We’re proud to announce that Coinbase ventures has joined BOB's $10M seed round

This collaboration is all about speeding up our journey to launch a game-changing hybrid L2 network that marries the best of Bitcoin & Ethereum.

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April 15, 2024

Avalon raises $10M to launch hybrid Web3 MMO

Avalon, an independent game studio working on online games and experiences, said it raise $10 million in a funding round.Bitkraft Ventures and Hashed co-led the round, with participation from Coinbase Ventures, Spartan Capital, Foresight Ventures, LiquidX, and Momentum6.

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April 15, 2024

Paradigm leads $225 million round for Monad Labs, which is building a layer 1 blockchain to take on Ethereum and Solana

A new player on the scene, Monad Labs, finalized a $225 million round led by Paradigm with additional funding by investors including Electric Capital, Greenoaks and Coinbase Ventures to build a layer 1 blockchain to challenge competitors such as Solana and Sui.

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April 9, 2024

Parallel Studios Secures $35M in Funding for Ethereum NFT Game Parallel and AI-Powered Colony

The funding comes from prominent names such as investment management giant VanEck, Solana Ventures, the Base Ecosystem Fund, Collab + Currency, and The Spartan Group.

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April 1, 2024

Midas raises $8.75M for real-world asset tokenization

Midas Protocol, a real-world asset tokenisation protocol enabling users to earn native interest from US treasury bills has completed an $8.75 million funding round co-led by BlockTower Capital, Framework Ventures and HV Capital. The fundraising also attracted participation from Coinbase Ventures, GSR, Hack VC, Ledger, FJ Labs, Lattice Capital, and Theia Ventures among others.

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March 28, 2024

Stack, a startup building out infrastructure for on-chain points, raised $3 million in seed funding

The venture firm Archetype led the round, which saw additional participation from Coinbase Ventures, Scalar Capital, A.Capital, Balaji Srinivasan, Nadav Hollander, Henri Stern, Cooper Turley and Colin Armstrong.

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March 4, 2024

Liquidity Protocol Aerodrome Finance Receives Investment from Coinbase Ventures, AERO Rallies Over 140%

The Base Ecosystem Fund, launched in October, has previously invested in various projects like Avantis, BSX, Onboard, OpenCover, Paragraph, and Truflation.

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February 27, 2024

Witness raises $3.5M to renew the web's trustworthiness

Witness, a startup that extends blockchain verifiability to everyone, has secured a $3.5 million seed round led by Haun Ventures, with participation by Coinbase Ventures and various angel investors.

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February 15, 2024

Brett Harrison’s startup raises $12M for derivatives brokerage

The round was led by Blocktower and Tioga Capital, with participation from other investors including Coinbase Ventures, ParaFi Capital and SVAngel.

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February 14, 2024

Medallion raises $13.7M to accelerate development of its direct artist-to-fan platform

Medallion currently powers fan communities for top artists like Disclosure, My Morning Jacket, Jungle, Greta Van Fleet, Tycho and Sigur Rós and has scaled to over 200,000 music fans in its first year.

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December 21, 2023

Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation

The funding round included a contribution from Wormhole's former overseers, Jump Trading, with Brevan Howard, Coinbase Ventures and Multicoin Capital among the backers.

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November 29, 2023

Definitive wants to make DeFi less stressful for institutions raises $4.1 million

BlockTower led the round with participation from Nascent, Coinbase Ventures, CMT Digital, among others.

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November 8, 2023

Coinbase partners with Integral: bringing next-generation accounting solutions to all Coinbase Prime clients

Integral announces a collaboration with Coinbase and investment from Coinbase Ventures to bring cutting-edge accounting solutions to Coinbase Prime clients, covering assets held inside and outside of Coinbase.

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October 24, 2023

Mountain Protocol launches yield-bearing stablecoin, announces seed fundraise

Mountain Protocol also announced a fundraise led by Nic Carter from Castle Island Ventures, with additional participation from Coinbase Ventures, New Form Capital, Daedalus Angels, and others.

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September 11, 2023

Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability

Socket, a protocol aimed at enhancing communication between blockchains, has raised $5 million from the crypto-friendly venture-capital funds Coinbase Ventures and Framework Ventures.

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September 6, 2023

FirstMate raises $3.75 million in Dragonfly-led round

Founded last year, the startup wants to refocus NFT marketplaces on creators.

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August 28, 2023

Maverick Protocol raises $9 million to challenge decentralized exchanges like Uniswap

DeFi Protocol Maverick Raises $9M Led by Peter Thiel's Founders Fund. The round also included contributions from Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto.

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June 21, 2023

Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation

Connext said it is "building the HTTP of Web3" to create a communication layer across different blockchain networks.

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June 14, 2023

Cloudburst Technologies Raises $3M in Seed Funding Led by Strategic Cyber Ventures, joined by Coinbase Ventures and Bloccelerate

Cloudburst Technologies, a leading provider of cyber threat intelligence solutions aimed at digital currency/cryptocurrency fraud, announced today the closing of a $3 million seed investment round.

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May 8, 2023

Coinbase Ventures Backs $10M ZkLink Raise Ahead of Mainnet Launch

ZkLink offers a zero-knowledge rollup-backed decentralized trading infrastructure that makes it easier to trade between chains.

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May 4, 2023

DeFi Protocol DFlow Raises $5.5M to Bring Payment for Order Flow to Crypto

Decentralized-finance protocol DFlow has raised $5.5 million in a financing round led by crypto venture-capital firm Framework Ventures.

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April 25, 2023

S&P Global, Coinbase Back $6M Fundraise for Crypto Firm Credora

The startup provides technological infrastructure for institutional credit across centralized and decentralized finance.

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April 25, 2023

EigenLayer Lines Up $50M In Bear Market Fundraise

EigenLayer, a restaking protocol that aims to help scale Ethereum, has raised $50 million in a Series A round led by Blockchain Capital. EigenLayer seeks to extend crypto-economic security to applications being built on the Ethereum network through restaking.

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March 28, 2023

Coinbase Ventures joins $15M bet on new crypto exchange Mauve

Violet, which offers compliance and identity infrastructure for decentralized finance, launched its compliance-focused decentralized exchange, Mauve.

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March 9, 2023

Coinbase Has Acquired One River Digital Asset Management

Coinbase has acquired One River Digital Asset Management (ORDAM), a premier institutional digital asset manager and SEC-registered investment adviser. ORDAM will transition to become Coinbase Asset Management (CBAM), and will operate as an independent business and wholly-owned subsidiary of Coinbase. The acquisition aligns with our long-term strategy to unlock further opportunities for institutions to participate in the cryptoeconomy.

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March 3, 2023

Affine Protocol Raises $5.1M From Industry Heavyweights to Develop DeFi Yield Offering

Decentralized protocol Affine has raised $5.1 million in a seed funding round led by Jump Crypto and Hack VC and including contributions from Circle Ventures and Coinbase Ventures.

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February 23, 2023

Azra Games raises another $10M from A16z for Web3 games

Azra Games has raised another $10 million from A16z to make games with non-fungible tokens (NFTs). Andreessen Horowitz (a16z) led the investment from its $600 million fund for game investments. And other investors were NFX, Coinbase Ventures, Play Ventures, and Franklin Templeton.

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February 21, 2023

Crypto index platform Alongside raises $11M led by a16z

Alongside, a crypto index-focused platform, has closed an $11 million seed round led by Andreessen Horowitz (a16z). Investors in the round include Coinbase Ventures, Franklin Templeton Investments, Village Global and Not Boring Capital, as well as angel investors.

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February 15, 2023

Coinbase and others back crypto trading infra startup Architect

Brett Harrison has raised $5 million for his own startup, Architect, a software company aiming to build institutional-grade infrastructure to connect various crypto venues across decentralized and centralized exchanges.

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January 20, 2023

Obol Labs Raises $12.5M Series A Funding to Make Proof-of-Stake Blockchains More Secure

Co-led by Pantera and Archetype, the funding round is targeted toward building out distributed validator technology (DVT) on Ethereum.

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January 18, 2023

MSafe Raises $5 Million Seed for Developing Multi-Signature Wallet Solutions

MSafe is a trailblazer developing the first multi-signature wallet solution on the Aptos / Move ecosystem.

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January 5, 2023

Decentralizing social media: a guide to the web3 social stack

How web3 social networks can give users control over their data, identity, and relationships, enable permissionless innovation, and rewire the power structures of social media (with a spotlight on Farcaster).

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December 21, 2022

What the most active investor in Crypto and Blockchain has to say about the FTX fallout

A conversation with head of Coinbase Ventures, Shan Aggarwal, on what the collapse means for the firm and the industry’s future.

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December 15, 2022

Uniswap-based DeFi protocol Panoptic raises $4.5 million

Panoptic aims to revolutionize decentralized crypto options trading the way Uniswap has for decentralized crypto spot trading.

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December 5, 2022

Web3 developer platform Fleek raises $25M

The startup is aiming to build an interface and protocol layer to make the base layer of web3 services like storage, hosting and billing accessible to anyone.

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December 1, 2022

Coinbase Ventures Q3 recap and market outlook

On the ground observations from Q3, including an overview of the ventures landscape, web3 developer activity, institutional staking, the Cosmos & Move ecosystems, and more.

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November 5, 2022

WalletConnect Raises $12.5 Million Ecosystem Round to Build Out a Web3 Communications Network

This ecosystem round will power the creation of the fully decentralized WalletConnect Network.

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November 3, 2022

Evmos, Connector of Cosmos and Ethereum Blockchains, Raises $27M in Token Sale

The funding will go toward hiring more engineers, developing partnerships and building out the Evmos ecosystem of interoperable decentralized applications (dapps).

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November 2, 2022

Centrifuge Brings on Key Strategic Partners With Latest Funding Round

Centrifuge, the first DeFi protocol to finance real-world assets (RWAs) on the blockchain, today announced a strategic funding round from prominent industry players, including Coinbase Ventures.

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November 2, 2022

Caitlin Long's digital asset bank Custodia raises $7 million

Custodia is designed to provide real-time settlement finality for U.S.-dollar payments in digital asset transactions.

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October 31, 2022

Coinbase backed Mara launches crypto wallet for sub-Saharan Africa

Mara Wallet will allow users to buy, send, sell, and withdraw fiat currency and the top 30 cryptocurrencies by volume.

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October 27, 2022

Sealance Emerges from Stealth with Seed Funding from Top Investors

Sealance offers transformative privacy, identity and compliance functionalities for cryptocurrency transactions.

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October 24, 2022

Enterprise Crypto Wallet Startup Pine Street Labs Raises $6M

Pinestreet Labs is a is a non-custodial crypto wallet API to let businesses plug and play across 12 different blockchains.

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October 13, 2022

NFT Infrastructure Company Gomu Closes $5M Seed Round

Founded earlier this summer, Gomu has launched two products, NFT Hub and Collection.xyz, which make it easier to grow NFT communities.

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October 12, 2022

Paradigm leads blockchain indexer Nxyz's $40 million raise

Backers in the round also include Coinbase Ventures, Sequoia Capital and Greylock Partners — as well as prominent angel investors such as Messari's Ryan Selkis and former Coinbase chief technology officer Balaji Srinivasan.

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October 12, 2022

Coinbase Ventures backs crypto firewall provider Harpie’s $4.5 million raise

Harpie, an on-chain firewall provider, aims to prevent theft on Ethereum wallets.

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September 27, 2022

Messari raises $35M to expand ‘Bloomberg of crypto’ ambitions

The funding round, led by Brevan Howard Digital, reflects the growing popularity of Messari, one of a handful of firms that have made a business of transforming blockchain data into standardized reports.

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September 21, 2022

AC Ventures, Coinbase Ventures back $11m round of Indonesian crypto exchange

The startup plans to use the fresh funding to hire 50 new employees, on top of the 80 employees that it currently has.

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September 14, 2022

Crypto Options Trading Startup Synquote Raises $2.8M

The seed funding will support the build out of a platform for trading derivatives contracts in tokens that don’t usually have such markets.

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September 13, 2022

Crypto Startup Mysten Labs Raises $300 Million

Mysten Chief Executive Evan Cheng said the cash infusion will help the company build out its Sui blockchain, hire more staff and expand into the Asia-Pacific region.

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September 8, 2022

Sei Raises $5M to build the first layer 1 blockchain optimized for DeFi

The new capital will be used to support the network as it approaches mainnet launch and further accelerate the growth of over 20 dApps already building in the Sei ecosystem.

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August 31, 2022

Limit Break raises $200 million dollars

Limit Break expects "Free Mint Games" to replace the IPO-style fundraising that dominated the NFT space in 2021.

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August 29, 2022

DeFi Platform RedStone Raises Nearly $7M to Improve Connectivity Between Blockchains, Real-World Data

The company's new product suite aims to make interoperability between blockchains and external data sources faster and more affordable.

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August 29, 2022

Thirdweb raises $24M at a $160M valuation from Haun Ventures, Shopify and Coinbase Ventures for its web3 development kit

Company has created a development toolkit to make it easier to build and launch web3 products such as blockchain games, NFTs, DAOs, marketplaces, and more.

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August 24, 2022

Cashmere Raises $3M at $30M Valuation to Build Solana Enterprise Wallet

The company intends to help firms store their crypto assets securely, even if “hot” wallets get compromised.

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August 8, 2022

Former Coinbase employee raises $4.5 million for his web3 data startup Coherent

Coherent is building APIs for human-readable blockchain data.

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August 4, 2022

Coinbase Ventures Q2 recap and market outlook

Venture landscape overview, Web3 gaming, Web3 social, Solana’s momentum, UX improvements, DeFi resiliency, and more.

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July 21, 2022

Arkive is building the world’s first decentralized museum

What if the Smithsonian was owned and curated by the internet?

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July 19, 2022

This niche cryptographic technique could transform privacy in web3

Some cryptographers think the solution to crypto’s privacy concerns lies in zero-knowledge proofs (ZKPs).

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July 18, 2022

Ex-Coinbase exec raises $30 million led by a16z for decentralized social network protocol

Merkle Manufactory has raised $30 million in a round led by Andreessen Horowitz (a16z).

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July 13, 2022

a16z and Variant lead $18 million round into DeFi lending protocol Morpho

Other investors in the round included Nascent, Semantic Ventures, Cherry Crypto, Mechanism Capital, Spark Capital, Standard Crypto and Coinbase Ventures.

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July 12, 2022

Gnosis Safe Rebrands as Safe, Raises $100M

The platform renamed itself following its community vote to separate from Ethereum infrastructure builder Gnosis.

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July 12, 2022

Hidden Road Raises $50 Million in Series A Led By Castle Island Ventures

Hidden Road's products include prime brokerage, clearing and financing for traditional and digital assets.

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July 7, 2022

Flowdesk Raises $30M to Expand Market-Making Services

The French company will boost its flagship product to provide liquidity fund management services to cryptocurrency issuers.

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June 24, 2022

Endaoment Raises $6.67 Million to Further Crypto-Native Planned Giving

Endaoment.Org, a blockchain-based 501(c)(3) public charity, and Endaoment.Tech, the software development firm responsible for building Endaoment’s smart-contract driven protocol, jointly announce the completion of a combined fundraising round.

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June 23, 2022

The crypto market downturn explained

Easy money policies kicked off a multi-year bull run for equities and crypto, before eventually causing inflation that was further exacerbated by COVID supply shocks.

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June 9, 2022

Samudai Raises $2.5 Million In Pre-Seed Funding

The platform plans to utilize the fund to continue growing its team, accelerate the development and bring the platform to the market

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June 8, 2022

Entropy Raises $25M Seed Round

The company plans to deliver on its vision to pioneer a design space for decentralized institutions, their participants, and all crypto-native folks.

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June 8, 2022

DeFi Protocol Euler Gets $32M From Coinbase, FTX To Diversify DAO

Euler said it has raised millions of dollars via a “DAO treasury diversification round,” valuing the budding DeFi protocol at $375 million.

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June 7, 2022

Founded by Game Industry Vets, Azra Games Raises $15M to Unlock the Power of web3 for Mainstream Games

This seed funding will be used to accelerate development on Azra’s first game: an epic, sci-fi/fantasy collectibles and mass combat RPG.

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May 19, 2022

QuestBook raises $8.3 million to help web3 developers secure funds

QuestBook operates an eponymous platform that allows firms to give grants to developers and invest in them in an efficient and more transparent way.

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May 18, 2022

Coinbase Ventures Backs Moralis' $40M Funding Round

The firm provides a development platform for building and launching Web 3 games, apps and NFTs.

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May 11, 2022

Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight

Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities.

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May 10, 2022

Tactic wants to reinvent accounting software for the web3 age

Founders Fund & Ramp co-led a $2.6M financing for the 8-person startup.

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May 4, 2022

Amberdata Raises $30M to Accelerate Crypto, DeFi Data Delivery

The funding round was led by Knollwood Investment Company and included contributions from Coinbase and Nexo.

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May 4, 2022

Venly Raises 21 Million Euros in Series A to Bring More Users Into Web3

Blockchain wallet solution Venly surpasses 2M users to provide frictionless solutions for game publishers and ecommerce businesses worldwide.

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April 28, 2022

Coinbase Ventures Q1 recap and market outlook

Despite the market downturn, Q1 was another highly active quarter for crypto venture funding.

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April 21, 2022

Nomad Raises $22M Seed Round for Security-first Interoperability

The company raised $22M at a $225M valuation in its seed round, led by Polychain, with participation from 1kx, Ethereal, Hack VC, Circle Ventures, and others.

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April 12, 2022

Twitch Co-Founder Raises $35M Seed Round for Fractal, a New Marketplace for Gaming NFTs

The new funds will be used to hire more engineers, recruit and support game developers, and grow a vibrant ecosystem of GameFi participants.

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April 1, 2022

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