Coinbase Ventures


Finance

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.

El Dorado co-founders Guillermo Goncalvez and Juan Carlos Andreu (El Dorado)

Finance

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.

Blockchain.com CEO Peter Smith in 2015 (CoinDesk archive)

Finance

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.

Arkansas has emerged as a player in crypto (Unsplash)

Tech

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.

Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)

Finance

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 CEO Brian Armstrong (CoinDesk)

Finance

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.

Beam (PIxabay/GuentherDillingen)

Finance

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.

It’s not Coinbase itself that worries, Halborn COO David Schwed. It's the comparative lack of experience and regulation between TradFi and crypto-natives. (Photo by Steven Ferdman/Getty Images)

Finance

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.

Ron Totaro, CEO de Protego Trust Bank. (Protego Bank)

Finance

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

U.S. Dollars (Shutterstock)

Finance

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.

Merge founder Kebbie Sebastian (Merge)

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