Unicorn Nest news
Euler Raises $8M in Series A Funding
– Euler, a London UK-based DeFi lending protocol organization, raised $8M in Series A funding.
– The round was led by Paradigm with participation from Lemniscap, Anthony Sassano, Ryan Sean Adams, Kain Warwick and Hasu.
– The company intends to use the funds to grow its development team and support the launch of the protocol later this year.
Unicorn Nest news
Chainalysis Scores $100M in Series D
– Chainalysis, the blockchain analysis company, has secured a $100m Series D financing led by Paradigm.
– Previous investors Addition and Ribbit increased their investment in the company; and TIME Ventures, the investment fund for Marc Benioff, also participated.
– Chainalysis’s proprietary cryptocurrency data powers its industry-leading investigations and compliance software, which enables government agencies and private sector businesses across the world to detect and prevent cryptocurrency crime and money laundering.
Unicorn Nest news
Crypto infrastructure provider Fireblocks raises $133 million
– Fireblocks, a cryptocurrency custody company, raised $133m funding.
– The round was led by Coatue, Ribbit and Stripes.
– BNY and Silicon Valley Bank are also participating in the funding round.
– Existing investors Paradigm, Galaxy Digital, Swisscom Ventures, Tenaya Capital and Cyberstarts Ventures are investing once again.
– Overall, Fireblocks has raised $179m since day one.
– The company doesn’t have a consumer-facing product.
– Instead, it sells its products to banks, fintech startups and other financial institutions.
Unicorn Nest news
TaxBit Raises $100M in Series A Funding
– TaxBit is a Salt Lake City, UT-based provider of cryptocurrency tax and accounting automation software.
– The company raised $100M in Series A funding led by Paradigm and Tiger Global with participation from PayPal Ventures, Coinbase Ventures, Winklevoss Capital, Bill Ackman, Qualtrics co-founder and chairman Ryan Smith, Anthony Pompliano, former Venmo COO Michael Vaughan, Galaxy Digital, Valar Ventures, Collaborative, Global Founders Capital, Album Ventures, TTV Capital, Original Capital, and more.
– The company’s platform helps automate all aspects of cryptocurrency tax compliance for enterprises, consumers, and governments.
Unicorn Nest news
Synthetix Raises $12M in Funding
– Synthetix is a decentralized trading platform.
– Company raised $12m in funding.
– The round was led by Coinbase Ventures, Paradigm and IOSG.
– The new investment will be used to expand the company’s business reach and recruit talent.
