Coinbase Ventures
Coverage of Coinbase Ventures in the Nexus archive.
- Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race
Blockworks has acquired Messari in a deal highlighting the consolidation of the crypto data market, paying over $10 million—a steep discount from Messari’s $300 million valuation. The acquisition combines two major crypto data platforms, with Messari's CEO Diran Li joining Blockworks. The deal reflects broader industry challenges and a trend of increased M&A activity in the crypto sector.
- Cosmos co-founder’s new multilateral clearing startup Cycles raises $6.4 million
Cycles, a multilateral clearing startup founded by a Cosmos co-founder, has raised $6.4 million in a funding round led by Blockchange Ventures with participation from Coinbase Ventures. The new funding brings Cycles' total funding to $8.7 million.
- Legend is shutting down after raising $15M from a16z and Coinbase Ventures
Legend, an on-chain finance app, is shutting down after raising $15 million from investors including a16z and Coinbase Ventures. The app will stay live for 60 days before going offline on July 12. Users are advised to withdraw funds before then.
- Full research breakdown on Ondo Finance (ONDO) — fundamentals, holder distribution, social sentiment, vesting schedule, and technicals in one pass. Here's the methodology.
Ondo Finance is a tokenized real-world asset product builder with a total value locked of $850M across its products, including USDY and OUSG, and has integrated with multiple chains such as Ethereum and Solana. The team has traditional finance backgrounds and has raised $34M from investors like Pantera and Coinbase Ventures. The protocol generates revenue from the spread between underlying yield and what's passed through to holders.
- Altitude Raises $18M to Advance Stablecoin-Powered Financial OS on Solana.
Altitude, a financial operating system built by Squads on Solana, raised $18 million in a funding round led by Solana Ventures, bringing total funding to $42.9 million. The funds will expand team growth, payment networks, and product development, with Altitude already processing $200 million in volume across 50 countries using stablecoin-powered solutions.