Category: Coinbase Ventures
Crypto investors like Terraform Labs so much, they’re committing $150 million to its ‘ecosystem’
There are many blockchain platforms competing for investors’ and developers’ attention right now, from the big daddy of them all, Ethereum, to so-called “Ethereum Killers” like Solana, which we wrote about in May. Often, these technologies are seen as so promising that investors are willing to fund not only the…
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Nansen raises $12M from a16z to help investors make sense of crypto markets
While the ambitions of crypto investors have swelled even faster than the market has in recent months, institutional players have had a mountain of blockchain data to try to make sense of without particularly mature analytics products at their disposal. Blockchain analytics startup Nansen is building a product for crypto…
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Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures
Along with the stock market, cryptocurrency is also seeing an uptick among retail investors in Indonesia. Pintu, a platform focused on first-time cryptocurrency buyers, announced today it has raised a $6 million Series A, led by Pantera Capital, Intudo Ventures and Coinbase Ventures. Other participants in the round included Blockchain.com…
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Avatar startup Genies scores $65 million in funding round led by Mary Meeker’s Bond
Over the past several years I’ve covered my fair share of upstart avatar companies that were all chasing the same dream — building out a customizable platform for a digital persona that gained wide adoption across games and digital spaces. Few of those startups I’ve covered in the past are…
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Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform
Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. Founded in 2018, the SF-based startup’s platform is designed to be used as a payment tool around the world for daily-use transactions. The company…
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Libra rival Celo launches 50-member Alliance For Prosperity
Some Libra Association members like Andreessen Horowitz and Coinbase are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The Celo Foundation’s ‘Alliance For Prosperity’ offers a way for developers to build decentralized mobile apps that are based on Celo’s blockchain platform and USD stablecoin.…
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