News linked to both this project and an event.
Velocity, a stablecoin payment infrastructure startup, announced the completion of a $38 million Series A funding round. This round was led by crypto investment firm Dragonfly, with participation from Coinbase, Capital One Ventures, Wintermute, and other institutions. Velocity CEO Eric Queathem did not disclose the latest valuation. Founded in 2025, Velocity focuses on providing stablecoin payment solutions for enterprises, payment service providers, fintech companies, and financial institutions, helping them leverage dollar-pegged tokens to optimize cross-border payments, fund settlement, and treasury management processes.Currently, Velocity has covered markets in the United States, parts of Europe, and Australia. The company plans to use the new funds to apply for licenses, expand into Africa and Latin America, while also investing in building more secure asset custody infrastructure and developing new features, including stablecoin yield products. (Fortune)
despite the continued downturn in the crypto market, Coinbase Ventures led the venture capital rankings in the first half of 2026 by completing 30 investments.Animoca Brands followed closely with 19 investments, Andreessen Horowitz (a16z) completed 18 investments, and stablecoin issuer Tether participated in 15 deals.Over the past 12 months, Coinbase Ventures has completed 75 investments, continuing to lead the industry. Animoca Brands, YZi Labs, GSR, and a16z have completed 40, 39, 31, and 30 investments, respectively.However, the overall crypto fundraising market remains in a bear market cycle. In June, the total amount raised by crypto companies fell to $1.4 billion, a 63% decrease from $3.8 billion in April. The number of funding rounds also decreased from 89 in May to 61. In comparison, fundraising in April this year was only $698 million, hitting a new low in nearly two years.So far in July, the crypto industry has completed 12 financing rounds, totaling approximately $456 million.In terms of investment focus, Coinbase Ventures has primarily invested in payment protocols, DeFi, and infrastructure over the past six months. This includes participation in seven funding rounds for payment projects, four rounds for DeFi, and three rounds for infrastructure and Real World Asset (RWA) tokenization projects.By sector, the areas that attracted the most capital over the past year were DeFi, payments, and AI. DeFi projects completed 216 funding rounds, the payment sector completed 131 rounds, AI and crypto combination projects completed 128 rounds, and infrastructure projects secured 110 rounds.It is worth noting that while top institutions remain active, the overall number of market participants is decreasing. The number of independent investment institutions in June dropped to 242, nearly halved from 452 in October 2025, reflecting a concentration of capital in the bear market environment. (Cointelegraph)
According to Fortune, DeFi asset management and risk analysis company Gauntlet completed a $125 million financing round, exclusively invested by Japanese financial group SBI Holdings. The financing was completed in June this year, and the specific valuation was not disclosed. This is Gauntlet's largest financing round since its establishment in 2018, far exceeding its $24 million Series B round in 2022 led by Ribbit Capital at a $1 billion valuation. Gauntlet was founded by former Wall Street quantitative trader Tarun Chitra. It initially focused on providing stress testing and vulnerability analysis services for DeFi protocols. Later, as the DAO governance model waned, it gradually transitioned to a "treasury curation" business—assessing yield strategy risks through quantitative analysis to help institutional investors manage digital asset allocation. Currently, its clients include asset management giant Apollo, Coinbase, and stablecoin issuer Circle.
Paradigm, a venture capital firm focused on the crypto space, has raised approximately $1.2 billion, planning to increase its investment layout in projects related to Artificial Intelligence (AI).According to sources familiar with the matter, this fundraising will primarily focus on AI infrastructure, AI Agents, and the convergence of AI and blockchain technology. Paradigm aims to capture the next wave of technological innovation through this new fund and expand its investment footprint in emerging technology sectors.Founded in 2018 by Matt Huang and Fred Ehrsam, Paradigm is one of the leading venture capital firms in the crypto industry, having invested in numerous blockchain projects including Coinbase and Uniswap.This fundraising indicates that after adjusting to the previous market cycle, crypto capital is refocusing on the intersection of AI and blockchain. With the rapid development of areas such as AI agents, decentralized computing, and on-chain data infrastructure, an increasing number of crypto investment firms are viewing AI as a significant growth opportunity for the next phase. (Bloomberg)
Venice AI founder Erik Voorhees announced on Wednesday that the company has completed its first external funding round, raising $65 million at a $1 billion valuation. The round was led by Dragonfly, with participation from North Island Ventures, Coinbase Ventures, Archetype, Liquid2 Ventures, and Morgan Creek. Launched in May 2024, Venice AI is a privacy-focused AI chatbot alternative platform designed to prevent storing user conversations on centralized company servers. Voorhees stated that Venice AI has surpassed 3 million users and has already achieved profitability in the first quarter. Voorhees said the new capital will be used to expand the Venice platform, which provides access to major open-source and proprietary AI models through a single interface and API. The annual issuance of Venice AI's native token, VVV, was reduced to 3 million tokens on Wednesday, used to reward token holders who support the network by staking VVV.
Venice AI has announced the completion of a $65 million Series A funding round, led by Dragonfly, with participation from Coinbase Ventures, North Island Ventures, and others, at a valuation of $1 billion. The project primarily offers a platform that grants access to over 200 AI models while ensuring privacy.
According to Fortune, New York-based blockchain analytics firm Allium has announced a $40 million Series B funding round, led by Amplify Partners, with participation from Kleiner Perkins and Theory Ventures. Allium specializes in cleaning and integrating complex on-chain data, serving institutional clients including Visa, the Federal Reserve, Coinbase, and a16z Crypto.
Monitoring from the Odaily Seer Prophet Channel shows that the probability of "o1 TGE market cap exceeding $400 million on day 2" on Polymarket has risen to 89%, up 81% in 24 hours.This event will be settled based on the fully diluted valuation (FDV) of the o1 governance token one day after its launch. If the FDV of the o1 governance token at 16:00 Eastern Time on the day following its launch is higher than the stated value in the title, it will settle as "Yes"; otherwise, it will settle as "No."The token must be publicly available, transferable, and tradable to be considered fully launched. FDV will be calculated by multiplying the total token supply by the token price, with the price source being the most liquid source at the time. If o1 fails to launch a token before 23:59 Eastern Time on December 31, 2027, the event will settle as "No."Previous news: o1.exchange completes $4.2 million financing, co-led by Coinbase Ventures and AllianceDAOThe Odaily Seer Prophet Channel continues to monitor prediction markets, observing changes before pricing occurs.
Odaily报道: Satori Finance, a multi-chain decentralized exchange backed by investors including Polychain Capital and Coinbase Ventures, has announced it will cease operations and begin the closure process. The platform stated that due to "prolonged unfavorable market conditions," its revenue is insufficient to support continued operations, leading to the decision to gradually wind down. Users must withdraw their assets before 23:59 UTC on July 16, after which the platform will no longer be accessible.In 2022, Satori Finance completed a $10 million seed funding round led by Polychain Capital, with participation from Coinbase Ventures and Jump Crypto. The platform was deployed across multiple networks including Arbitrum, Optimism, and BNB Chain, and initially featured 25x leverage and an "points mining" incentive model. (The Block)
EarnOS, a blockchain-based digital advertising startup, has announced the completion of a $6 million Pre-A funding round, led by 1kx with participation from Coinbase Ventures, Circle Ventures, and Social Graph Ventures. Additionally, EarnOS has secured a four-year, $12.5 million non-dilutive strategic investment from Verona (formerly XION) to support application verification, user onboarding, and reward distribution systems. The company also announced a brand restructuring, noting that its L1 network will provide underlying support for EarnOS, enabling large-scale user authentication and task incentive mechanisms. (The Block)
Decentralized reinsurance protocol Re announced that its on-chain reinsurance capital market, Re, has secured a strategic investment from Coinbase Ventures.
stablecoin payment infrastructure company Trace Finance has completed a $32 million Series A funding round, led by CoinFund with participation from Coinbase Ventures and others. Trace Finance plans to use this round of financing to expand its business in Latin America and the Asia-Pacific region and to advance more license applications. The company stated that it has processed over $10 billion in institutional cross-border transaction volume. (The Block)
Standard Chartered Bank has initiated coverage on the decentralized exchange protocol Uniswap, predicting its UNI token could rise from its current price of approximately $2.70 to $100 by the end of 2030, representing a gain of nearly 40 times.Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, stated that the next wave of wealth creation opportunities in the digital asset space may come from DeFi protocols. The core logic is that the scale of tokenized assets entering DeFi will grow significantly, thereby enhancing the trading asset base and fee potential for protocols like Uniswap.Standard Chartered estimates that tokenized assets on-chain will grow from approximately $340 billion today to $4 trillion by the end of 2028. Of this, the proportion flowing into DeFi is expected to rise from roughly 3.5% currently to 30% by the end of 2030. Combined with the growth of crypto-native assets, the total value locked in DeFi could reach approximately $2.7 trillion, an increase of about 37 times compared to today.Kendrick believes that if Uniswap can successfully commercialize and establish sufficient partnerships with traditional financial institutions, its valuation multiple relative to trading fees could improve, narrowing the gap with centralized exchanges like Coinbase.Standard Chartered's projected price path for UNI is: $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030. The bank also expects UNI to potentially outperform ETH and BTC during this period.
According to The Block, Paradigm has led a $9 million Series A funding round for El Dorado, a Latin American cross-border payment application, with participation from Coinbase Ventures and Verda Ventures.
: Latin American cross-border payment app El Dorado has completed a $9 million Series A funding round, led by venture capital firm Paradigm, with participation from Coinbase Ventures and Verda Ventures. The company stated that its current key growth paths include "non-mainstream payment corridors" such as Brazil and Bolivia. It is already operating in 12 countries, covering markets including Argentina, Brazil, and Colombia, with over 100,000 active users and 5 million processed transactions.Additionally, El Dorado has launched a cross-border payment product for enterprises, incorporating multi-signature and multi-organization architecture, and integrating stablecoin and fiat channels. It operates on a Layer 1 network supported by Tempo, primarily serving real trade scenarios such as electric vehicle imports. (The Block)
Odaily reports: According to market sources, social platform X will allow users to trade SPCX through brokerage channels including Coinbase and Robinhood.It is important to note that SPCX is a trading contract related to the SpaceX IPO, which has already garnered attention in the crypto derivatives market. This product does not represent holding SpaceX stock or company equity, but rather serves as a trading instrument reflecting market expectations of SpaceX's valuation at the time of its listing.
According to Odaily, Digital Asset, the developer of the Canton network, has announced the completion of a $355 million equity funding round, led by a16z crypto. Participating investors include subsidiaries of the Abu Dhabi Investment Authority, Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&P Global, SBI Group, SoFi, Tradeweb, and others. The project's primary business is developing the Canton blockchain network designed for institutions. The funds will be used to accelerate partnerships with institutional players, pursue mergers and acquisitions, and participate in related projects. (The Block)
According to reports, SpaceX, the aerospace company led by Elon Musk, has attracted over $250 billion in investment demand for its IPO, surpassing its planned fundraising target of $75 billion. The offering is nearly 4 times oversubscribed, valuing the company at $1.8 trillion. Bankers and investors noted that long-term funds have submitted large orders. Pricing is expected to be finalized on Thursday, though demand figures could still change before orders are placed by major institutional investors. SpaceX's growth narrative is primarily tied to its satellite internet business, Starlink, which has become a significant source of revenue and profit for the company. SpaceX also highlighted that its artificial intelligence products address a market opportunity worth $23 trillion. Cryptocurrency exchanges including Binance, Coinbase, Kraken, and Bybit have listed pre-IPO perpetual futures for SPCX this month. Binance's related product has accumulated a trading volume of $2.1 billion over 18 days, covering over 130 countries. Decentralized exchange Hyperliquid recorded a trading volume of $70 million in the past 24 hours, with open interest exceeding $115 million. (Cointelegraph)
DeFi lending protocol Morpho has announced the completion of a $175 million funding round, led by a16z Crypto, Paradigm, and Ribbit Capital, with participation from Apollo Funds, Circle Ventures, VanEck, and other institutions.The report states that this funding round was priced based on the average price of Morpho tokens over the past month, corresponding to a valuation of approximately $2 billion for the protocol. Morpho allows institutions to customize lending markets and risk parameters on-chain and has already attracted adoption by institutions such as Coinbase, Kraken, Anchorage Digital, and Galaxy Digital.Data shows that Morpho's current Total Value Locked (TVL) is approximately $6.6 billion. The company stated that it will continue to expand its institutional-grade DeFi lending business and strengthen competition with lending protocols like Aave. (Fortune)
a new stock guru, Serenity, posted on X platform, stating that with the progress of US crypto regulatory policies, crypto-related stocks such as Coinbase (COIN), Robinhood (HOOD), and Circle (CRCL) may once again attract attention.Serenity believes that if the CLARITY Act advances in its current direction, it may be more favorable for the traditional banking system, potentially limiting certain innovations in the crypto space and products that compete with banking services. Additionally, related policies could impact market liquidity, but may strengthen the position of the US dollar.Serenity stated that for swing traders, the current valuation levels of these stocks appear to be attractive once again.