Coinbase Ventures

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

Coinbase CEO Brian Armstrong (CoinDesk)
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)

Beam (PIxabay/GuentherDillingen)
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)

Coinbase CEO Brian Armstrong at Consensus 2019 (Steven Ferdman/Getty Images)
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.
Coinbase CEO Brian Armstrong at Consensus 2019 (Steven Ferdman/Getty Images)

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

(Shutterstock)
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
(Shutterstock)

Merge Founder Kebbie Sebastian (Merge)
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)

Mara CEO on Raising $23M to Spread Crypto Adoption Across Africa
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 CEO on Raising $23M to Spread Crypto Adoption Across Africa

Mara Raises $23M From Coinbase, Alameda to Spread Crypto Adoption Across 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.
Mara Raises $23M From Coinbase, Alameda to Spread Crypto Adoption Across Africa

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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.
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