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Coinbase Ventures
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.

Blockchain.com Closes $110M Raise: Bloomberg
The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

Coinbase Ventures, Haun Ventures Raise Crypto Political Capital With University of Arkansas Tech Sprint
As well as some big corporations, Arkansas is home to policymakers like Rep. French Hill and Sen. John Boozman, both of whom have taken an interest in digital asset technology, said Haun Ventures Chief Policy Officer Tomicah Tillemann.

Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
The fundraise comes as "cross-chain" protocols from the companies including LayerZero and Chainlink have attracted investors, despite the bear market – assuming a future where blockchains are seamlessly interconnected.

Coinbase Ventures' Strategic Investment Sends Rocket Pool Token Surging
The investment branch announced today the purchase of an undisclosed amount of Rocket Pool’s native token RPL, which has jumped more than 9% in the past 24 hours.

Coinbase, a16z-Backed 'Cash-Like' Crypto Wallet Beam Goes Live
Where most wallets require signing up, performing a degree of KYC checks, Beam users can send payments simply by using a link to a QR code. Thus it is aiming to create the closest possible equivalent to using crypto like cash.

Coinbase Ventures Joins Liquid Staking Protocol Rocket Pool’s Oracle DAO
The investment branch of one of the largest centralized exchanges will receive a share of rewards dedicated to Rocket Pool’s Oracle DAO.

Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.

Alkimiya Raises $7.2M Funding Round to Grow Cash Flow Hedging Protocol for Miners, Stakers
The funding round was led by Castle Island Ventures and 1kx. It included contributions from Circle Ventures, Coinbase Ventures and Dragonfly Capital Partners

Crypto Payments Firm Merge Raises $9.5M From Coinbase Ventures, Alameda Research and Others
Merge plans to bridge the gap between crypto and traditional finance companies with its API payments integration.
