– Eco, a San Francisco, CA-based smart money company, raised $60M in funding.
– The round was co-led by Activant Capital and L Catterton with participation from existing investors, including a16z Crypto, as well as new backers Lightspeed Venture Partners, LionTree Partners, Valor Equity Partners, and dozens of others.
– The company intends to use the funds to accelerate its product roadmap to consolidate all financial tools into a single wallet.

– UnitedMasters, an independent music distribution platform and tool factory, has raised a $50m Series B round led by Apple.
– A16z and Alphabet are participating again in this raise.
– United Masters is also entering a strategic partnership with Apple alongside this investment.

– Eco, a digital global cryptocurrency platform, raised $26m funding.
– The round was led by a16z Crypto and joined by Founders Fund, Activant Capital, Slow Ventures, Coinbase Ventures, Tribe Capital, Valor Capital Group and more than one hundred other funds and angels.
– CoinList co-founder Andy Bromberg stepped down from his role last fall to head up Eco.