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Coinbase Ventures
Mara CEO on Raising $23M to Spread Crypto Adoption Across Africa
Pan-African centralized crypto exchange Mara raised $23 million in a funding round led by Coinbase Ventures, Alameda Research and others to boost crypto adoption across Africa. CEO Chi Nnandi shares his insights into the raise, discussing the benefits and hurdles for crypto integration in Africa.
Mara Raises $23M From Coinbase, Alameda to Spread Crypto Adoption Across Africa
Pan-African centralized crypto exchange Mara said Wednesday it raised $23 million in a funding round led by Coinbase Ventures, Alameda Research and more. “The Hash” squad discusses the latest in Africa’s burgeoning crypto scene.
Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance
Ondo, founded by former Goldman Sachs traders, will use the $20 million round to expand its structured products offerings.
Animoca, Coinbase Ventures Back $5M Seed Round for Metaverse Gaming Studio Block Tackle
The studio’s first release will be SkateX, where players can buy their own skateboard NFTs and vote on decisions about the game.
Web 3 Game Development Platform Joyride Raises $14M Ahead of Launch
Optimized for Unity, Joyride allows developers to build blockchain-powered esports, casual and social games on mobile devices.
African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital
Alameda Research and Coinbase Ventures were also investors in the round, which valued the company at $240 million.
Coinbase Ventures Lead Katherine Wu Leaves for VC Firm Archetype
Wu announced her departure on Twitter after just five months at Coinbase’s venture arm.
Pantera Leads $18M Round for Rift’s Liquidity Mining Alternative
The startup, which is coming out of stealth mode, offers protocol-based liquidity to DAOs that creates a better incentive model.
SoftBank Leads $60M Funding Round for B2B Payments Platform Tribal
Tribal will use the money to continue building out its teams in Latin America, and also plans to release some crypto-related products later this year.
Seashell Emerges From Stealth Mode With ‘Inflation-Resistant’ High-Yield Savings Accounts
The fintech, which provides lending services for crypto holders wanting fiat currency, also closed a $6 million seed funding round led by Khosla Ventures and Kindred Ventures.
