Coinbase CEO Armstrong Says Crypto Is Path to Financial Inclusion
“Coinbase can’t do it alone, there needs to be thousands of companies out there," said Coinbase CEO Brian Armstrong.
The cryptocurrency data provider will use the new funding to expand its team and improve product offerings.
Torus, a key-management startup offering one-click logins for the decentralized web, launched out of beta Thursday with a handful of big-name hosting partners.
Blockchain data startup The Graph has raised $5 million in a token sale with Framework Ventures, Coinbase Ventures, Digital Currency Group and others.
The startup looks to boost mainstream crypto adoption by making it easier for developers to put crypto wallets in their applications.
The fourth-largest dapp in DeFi, InstaDApp, is now backed by Naval Ravikant, Balaji Srinivasan, Coinbase Ventures and others.