News

On Wednesday, the pair announced that Legion had raised $5 million in a seed round led by VanEck and Brevan Howard Digital. The crypto exchange Kraken as well as the venture arms of the crypto exchanges Coinbase and Crypto.com also participated in the raise, among other investors.
https://fortune.com/crypto/2025/08/20/legion-icos-5-million-seed-round-vaneck-brevan-howard-digital/

The platform is building the first comprehensive trading terminal on the Base Chain and launching a new cashback program, offering users a 45% cashback rate and a 41% share of referral revenue. The trading terminal features transactions as fast as one block, multi-wallet management and self-custody wallets, cross-chain support and bridging, TradingView enterprise charting, Base Chain launchpad integration, and Uniswap V4 integration. It also offers advanced order functionality such as limit orders, grab orders, and TWAP.

Mesh, the crypto payments infrastructure firm behind PayPal's recent "Pay with Crypto" launch, has raised fresh capital from investors including PayPal Ventures, Coinbase Ventures, Uphold, ByBit, SBI Japan, Overlook Ventures, Kingsway Capital, Moderne Ventures, and CE-Ventures. The latest funding brings its total capital raised to more than $130 million.

OpenMind, a company unlocking machine agency at scale, today announced it has closed a $20M funding round led by Pantera Capital. By building open systems, shared intelligence, and decentralized coordination, their goal is to connect all thinking machines. The company also received strong backing from industry leaders Ribbit, Coinbase Ventures, HSG, DCG, Pebblebed, Topology, Primitive Ventures, Lightspeed Faction, Anagram and notable angels.

Startup building internet-scale blockchain Subzero Labs, Rialo; raised $20M in a funding round led by Pantera Capital, with participation from Coinbase Ventures, Fabric Ventures, Mysten Labs, SIG DTI (a Susquehanna International Group Company), Variant Fund.

XMTP developer Ephemera has raised $20 million Series B at a $300 million equity and $750 million network valuation, with USV’s Fred Wilson joining its board. XMTP is relaunching inside Coinbase’s new Base app, moving from an optional tool to native infrastructure.

Remix, which began under the name Farcade, has closed a seed funding round led by Archetype bringing its total funding thus far to $6.75 million, Blockworks has exclusively learned. Variant, Coinbase Ventures, Lemniscap, and Zynga cofounder Justin Waldron also participated in the $5 million seed round.

This brings Limitless' total funding raised to $7M, backed by Coinbase Ventures, 1confirmation, Maelstrom, Collider, Node Capital, Paper Ventures, Public Works, Punk DAO, and WAGMI Ventures, as well as individual investors via the Base Ecosystem Fund group on Echo.

Veda has raised $18 million in a funding round led by CoinFund, with participation from Coinbase Ventures, GSR, Maelstrom, Animoca Ventures, and others. Veda is designed to enable apps, protocols, and institutions to offer onchain yield products without exposing users to the complexity of DeFi.

Three former engineers at crypto exchange Coinbase left the company earlier this year to start their own venture. On Wednesday, the team announced its new project: a crypto savings app called Nook, alongside $2.5 million in funding from venture capital firms Coinbase Ventures, Defy.vc, and UDHC. The company declined to disclose its valuation in the round.

We;re excited to introduce XFX and share that we’ve raised a $9.1M seed round led by Haun Ventures, with participation from Castle Island Ventures, Oak HC/FT, MAYA CAPITAL, CoinbaseVentures, Paxos, and other strategic angels.

The firm's stablecoin clearing system aims to facilitate adoption by solving the stablecoin sector's fragmentation problem.

AI startup Yupp has raised $33 million in a seed funding round led by a16z crypto, founded by a team of veterans from Coinbase, Google, and X. Yupp is a free platform that allows users to compare answers from multiple AI models side by side, using crypto rails for rewards and payouts.

The round was led by M31 Capital, with participation from the Coinbase Ventures’ Base Ecosystem Fund, MH Ventures, Absoluta Cap, 2Shares, Levitate Labs and notable investors including Martin Ochwat, Jonathan Man, Jaskanwar Singh, Alexey Bondar, Yonatan Ben Shimon, and angels affiliated with Anoma, Zerolend, LayerZero, DeFiLlama, and P2P.

Neville, who is still on the board of Circle after leaving in early 2020, has a new venture that aims to capitalize off of the AI boom. On Tuesday, he announced that his startup, Catena Labs, which he said plans to build an “AI-native bank,” had raised $18 million in a seed round led by the crypto arm of Andreessen Horowitz. Other investors include Breyer Capital, Circle Ventures, Coinbase Ventures, and football legend Tom Brady.

AI agent Billy Bets is looking to flip the business model on its head by putting everything on-chain, allowing users to know exactly how much this agentic tipster is winning and losing—and dive into its thought process. The project has already shown enough promise for some notable investors: Billy Bets just closed a $1 million pre-seed funding round with participation from Coinbase Ventures, basketball player Serge Ibaka, and CMS Holding

As stablecoins—a type of cryptocurrency designed to maintain a value in line with the U.S. dollar—become an increasingly integral option for settling cross-border payments, Timinsky wants to make it possible for people to exchange cash for crypto at any corner store with his company Zar. To do so, he has raised $7 million from Dragonfly Capital, Andreessen Horowitz, and VanEck Ventures, with additional participation from Coinbase Ventures and the co-founders of the Solana blockchain, to launch Zar’s flagship service.

Inco raised $5M in a strategic round led by a16z Crypto with participation from Coinbase Ventures and returning investors. The funds will support continued development of Inco Lightning and upcoming FHE/MPC solution Inco Atlas. Inco collaborates with projects like Circle, Toku, Tally, and others to bring confidentiality to key onchain use cases.

Cryptocurrency staking protocol Symbiotic closed a $29 million Series A funding round led by Web3-focused investment firms, including Pantera Capital and Coinbase Ventures, to support the launch of a new economic coordination layer for blockchain security.

The one-year-old company said it has raised $4 million in funding led by Andreessen Horowitz, with additional participation by Coinbase Ventures, Uniswap Ventures, and GSR. The company did not disclose its valuation in the funding round. The founders of crypto startup Glider want to help people invest in crypto more easily without having to deal with brokers or centralized exchanges.

Towns Protocol raises $3.3M in a strategic round led by Coinbase Ventures’ Echo, totaling $13.3M in Series B funding. Built on Base, Towns offers a decentralized, user-governed alternative to traditional social platforms. As Echo’s first public investment, the deal signals Coinbase’s deep commitment to Web3 social infrastructure.

Sats Terminal, the Bitcoin decentralized finance (DeFi) aggregation protocol, has raised $1.7 million in pre-seed funding to expand its platform. Providing decentralized exchange (DEX), bridge and yield aggregation in the Bitcoin ecosystem, Sats Terminal will leverage this raise to develop infrastructure further aimed at solving one of Bitcoin DeFi’s biggest problems: fragmentation.

P2P.me raised seed funding from Multicoin and Coinbase Ventures. The crypto-to-fiat alternative uses a network of middlemen to move payments between financial ecosystems.

On Friday, Codex, a startup that’s building its own blockchain designed specifically for stablecoins, announced that it’s raised $15.8 million in a seed round led by Dragonfly Capital. Other investors include the venture arms of Coinbase and Circle, which filed to go public on Tuesday. Crypto market makers like Cumberland, Wintermute, and Selini Capital also contributed.

At Privy, we believe that many users’ first experience of crypto will be through novel, engaging app experiences built on crypto rails. Today, we are very excited to announce a strategic investment from Coinbase Ventures.

Across Protocol has successfully raised $41 million through the sale of its ACX tokens, with Paradigm leading the funding round. Other notable participants included Bain Capital Crypto, Coinbase Ventures, Multicoin Capital, and angel investor Sina Habinian. This capital raise was executed in two phases, with funds secured in the second quarter of 2024 and again in the fourth quarter.

We're building towards long-term, positive-sum MEV on Monad; where users, dApps, and stakers all stand to benefit.

On-chain fixed-rate lending protocol Tenor Labs has successfully raised $2.5 million in a seed round, with cherry.xyz leading the investment. The round also saw participation from Coinbase Ventures and Lattice, among other notable investors. The funds will be used to accelerate Tenor's development and expansion.

Universal, the crypto project building a new wrapped token standard, has closed a $9 million funding round led by Andreessen Horowitz, according to pseudonymous co-founder 0xGaut.

On Tuesday, Legend announced its first funding round, raising $15 million from Andreessen Horowitz and Coinbase Ventures. Legend will attempt to serve as a more useful self-custody wallet—a digital wallet in which the user retains full control over their crypto holdings—than existing ones like MetaMask or Coinbase Wallet.

The latest funding round also included participation from Coinbase Ventures, the investment arm of crypto exchange Coinbase, and individual industry leaders. The company will use the money raised to enter into more strategic partnerships and assist other companies in using its technology.

The round was led by Nick Tomaino's 1confirmation, with participation from Coinbase Ventures, HashKey Capital, Chorus One Ventures, Skip Protocol, Binary Builders and others, Keplr said Wednesday. Co-founder Josh Lee told The Block that the equity round closed late last year and valued Keplr at $50 million.

Próspera, the world’s leading platform for Economic Prosperity Zones, today announced that it has received a strategic investment from Coinbase Ventures. This partnership underscores the deep alignment between the mission and vision of both organizations: to unleash human potential through economic freedom.

The Base Ecosystem Fund, led by Coinbase Ventures, has acquired a market position in $BMX to support its growth on Base. We're grateful for their backing as we continue building the next generation of onchain protocols.

Excited to share that we’ve raised USD50 million in Series B funding to fuel the next phase of our growth, powering stablecoin payments for businesses worldwide. The investment round was led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW Venture Capital, and existing investors Avenir and Tiger Global.

Sphere, a stablecoin company that specializes in cross-border payments, just closed a $5 million funding round led by crypto giants Coinbase Ventures and Kraken Ventures.

Gunzilla is excited to partner with Coinbase Ventures as a new investor. Their long-term vision and leadership in Web3 align with our mission to build next-gen gaming experiences. We look forward to deep collaboration across Off The Grid and GUN by Gunzilla.

Pond, developing a decentralized AI model layer for the crypto space, has raised $7.5 million in seed funding. Investors include Archetype, Coinbase Ventures, Near Foundation and others.

With a strategic investment from the Base Ecosystem Fund, led by Coinbase Ventures, and with $TALENT launching on Base, we’re one step closer to bringing more builders onchain.

Bain Capital Crypto and Peak XV Partners (formerly Sequoia India and Southeast Asia) co-led the round, with Coinbase Ventures, Dragonfly Capital, North Island Ventures, Hack VC and others participating, Variational said Wednesday.

We’re thrilled to lead the $1.75M Pre-seed round for Trendies and work alongside Everett, Lucas, and the rest of the Trendies team as they create the fairest community launchpad and reimagine the power of community coins.

We are excited to announce that OpenGraident has raised $8.5M in seed funding to build a groundbreaking end-to-end decentralized platform for sovereign, secure, and open-source AI.

The startup said in a statement that Coinbase Ventures led the strategic round. Vana has also previously raised capital from the prolific crypto VC Paradigm, which led a $18 million Series A in the firm.

Onboard has launched Onboard 2.0 and raised new funding from Coinbase Ventures and LAVA to accelerate its mission of bringing the world onchain. Building on its universal wallet and exchange, Onboard is now focused on empowering creators to develop the next wave of meaningful onchain apps.

DRiP Labs has raised $8M in seed funding led by NFX, with new backing from Coinbase Ventures and Progression Fund. DRiP empowers creators to own their audience and share digital mementos directly with fans. The platform reimagines patronage by cutting through social noise and delivering lasting value through collectibles.

Other investors in the round included Coinbase Ventures, Breed VC, Zee Prime Capital and Arthur Hayes' family office, Maelstrom, Time.fun said Thursday. Angel investors such as Solana co-founders Anatoly Yakovenko and Raj Gokal, Helius co-founder Mert Mumtaz and Santiago Santos also participated.

Iskra has secured a strategic investment from the Base Ecosystem Fund, led by Coinbase Ventures. The funding supports deeper integration of Base-native tools like Smart Wallet and Paymaster to simplify Web3 game onboarding. This builds on a partnership that began with Iskra’s Mainnet launch during Onchain Summer 2023.

Satflow has raised funding from backers including Nascent, CBV, UTXO Management, and CMS to build institutional-grade infrastructure for Bitcoin trading.

Payman has raised a $3M pre-seed round to build the payment infrastructure that enables AI to pay humans for help completing real-world tasks. The round is backed by Visa, Coinbase Ventures, BoostVC, Deepwater, Spartan Group, and others. With over 15,000 on the waitlist, Payman is building the rails for AI-to-human collaboration—starting with marketing and developer tools.

A month ago, we announced our Base Builder Grant in the spirit of, “If you build on Base, you will be rewarded.” Today, we proudly share that we have secured an investment from the Base Ecosystem Fund, led by Coinbase Ventures.

Over the past 18 months, we have worked closely with multiple product teams across Coinbase supporting some of the best teams in the market as they've transformed the crypto landscape. 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.

We’re excited to share that Conduit has raised a $37M Series A led by Paradigm and Haun Ventures.

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.

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

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.

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

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

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.

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.

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.

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.

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.

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.

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

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.

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.

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

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.

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.

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

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.

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

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.

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

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

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.

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.

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.

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

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.

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

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.

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

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

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

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.

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

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.

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.

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.

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.

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.

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

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

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).

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

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

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.

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

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

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

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.

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

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

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

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

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

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.

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

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.

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

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

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.

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.

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

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

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.

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

Coherent is building APIs for human-readable blockchain data.

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

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

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

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

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

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

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

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

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.

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.

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

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

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

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

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

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

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

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

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

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

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

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.

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