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We’re excited to announce that we’ve raised $15 million in Series A funding! 🎉 This round was co-led by Faction VC and Galaxy Ventures, with participation from Sequoia Capital, Coinbase Ventures, Alchemy, Figment, and Mirana Ventures. Thank you to our partners and supporters for embracing our vision. Two years ago, Turnkey started as a provider of secure, flexible, and scalable wallet infrastructure. Today, our core mission is to secure the open internet. Teams like Alchemy, Dynamic, and Eversify Labs' Thunder Terminal are using Turnkey’s composable on-chain primitives to build better products, without sacrificing security and scalability for convenience. Developers can create a variety of on-chain experiences, from embedded wallets to granting limited signing permission to AI agents. This new funding will enable us to double down on our efforts in developing critical primitives that bring crypto developers’ visions to life. We plan to scale our operations to meet increasing demand from builders who want to create the next generation of on-chain applications. We’ve been hard at work shipping wallet import, webhooks, and the EIP-1193-provider package — with many more exciting launches slated for the months ahead. Are you a developer interested in building on Turnkey? Get started with our free quickstart guide, join our community support Slack, or reach out to share what you’re building. And if you’re someone who wants to join us in our mission, we’re hiring. This is just the latest milestone, and we can’t wait for what lies ahead. Read more on our blog 🔗 👇 https://turnkey.club/blog

Last week, these web3 projects raised capital, by sector: DeFi SatoshiSync is a decentralized platform that creates an open market for Runes and Inscriptions, empowering users to deploy, mint, and manage BRC20 tokens across various blockchains. The platform is anchored by its native $SSNC token. SatoshiSync raised on April 3rd a Seed & Private round from Candaq Fintech, MH Ventures, Maven Capital, Covey, ZBS Capital, Ape Terminal, Seedify, Chainlink, and many others. Ellipsis Labs is building Phoenix - a decentralized limit order book built on Solana, enhancing market operations for spot assets. It offers instant settlement without needing an asynchronous crank, unlike other Solana-based order books. Ellipsis raised a Series A round of $20 million on April 4th that was led by Paradigm and followed by Electric Capital, Sreeram Kannan, Justin Drake, Mike Neuder, Ansem, 0xMert, Cobie, and other individuals. Social Platform MadFi is a platform that revolutionizes onchain community coordination with crypto subscriptions, rewards, and revenue-sharing. It enables users to create money clubs, offer exclusive content, and generate recurring revenue through subscriptions. On April 5th, MadFi raised a $1 million Seed round led by Palm Tree Crew Crypto, Avara, and Social Graph Ventures, and followed by Robert Leshner, Orb.Club, FWBtweets, Fire Eyes DAO, Refraction, Boys Club, Spencer Nood, Sandeep Nailwal, and others. Gaming Today The Game is a digital platform that revolves around a gamified exploration of daily routines, challenging players to navigate through a variety of scenarios reflecting real-life decisions and consequences. The company raised on April 5th a $5 million Seed round led by Sfermion and Big Brain Holdings, and followed by GSR, Collab+Currency, Lingfeng Innovation Fund, Compute Ventures, Builder Capital, Metafest Capital, 32 Bit Ventures, Grail, and others. ...and more in the sectors of Web3, AI, Infrastructure, L2, and DEX, and Payments. For the full rundown, see the latest issue of our newsletter: https://lnkd.in/dmiesXVE

Here are the crypto companies that fundraised last week. We've found 12 funding rounds totaling $85.7 million: Web3 Reposwap is a DeFi platform that simplifies token launches and enhances liquidity provision. It features a VC Launchpad, multi-chain integration, optimized routing algorithms, and diverse staking options. RepoSwap raised on June 12th a Seed round led by QCP Capital and followed by ZK Prime Capital and XLink Ventures. DEX Elys Network is a DeFi Layer 1 Appchain on Cosmos Hub, offering a hybrid DEX with AMM and oracle-based models. It provides margin trading, USDC lending, and ETF-style index pools for risk management. On June 14th, Elys raised a Seed round of $2.5 million from Comma3 Ventures, Cogitent Ventures, and Persistence. L2 Zircuit is a modular zk-rollup with AI-enabled security, designed for Ethereum and built on Optimism's Bedrock framework. It provides a secure, scalable environment for dApps with features such as AI-driven transaction monitoring, a secure native bridge, and full EVM compatibility. On June 11th, Zircuit raised a Strategic round that was led by Binance Labs. DeFi Wasabi.xyz is a decentralized leverage trading protocol that allows users to long, short, and earn on digital assets. It offers peer-to-peer trading of covered options as NFTs. Wasabi raised a $3 million Seed round on June 17th led by Electric Capital and followed by Alliance DAO, Zagabond, DCF Group God, Spencer Ventures, Memeland, and others. GenomesDAO is a platform for secure, private, and auditable monetization of genomic data using DeFi and decentralized science (DeSci) principles. It enables users to manage and profit from their genomic data while maintaining privacy and control. GenomesDAO raised a Private round on June 12th that was led by Pantera Capital and Modular Capital. And more, which can be found inside the latest issue of the Genesis newsletter: https://lnkd.in/dev-QmBF

Meet the co-founders of Tradable App, Simon Hardy and Garrick Brown who are currently scaling their business to new heights though the Plus Eight Accelerator program. 🚀 Tradable provides 24/7 access to world class trading strategies at a price that is affordable relative to performance. It also means traders no longer need to watch the charts or worry if a market will shift against their position while they're sleeping. You can learn more about Simon and Garrick's business journey via our latest blog below. ⬇️ https://hubs.ly/Q01-VNbJ0 #accelerator #startup #scaleup

Not every founder is fortunate enough to receive funding from VCs. Most Web3 projects are bootstrapped, and they often die a natural death. Not because they didn't have a unique product but because the founder didn't have enough finance to sustain the project, such as paying community moderators, developers, social media marketers, writers, etc. It's not just about building a protocol; these skills make the success of a project. Therefore, as a founder, while developing your protocol, do you have plans for marketing it? If you have limited funds, one of the best ways to get funding is to create a token with use cases and sell it to your community. The money raised from your community will be used to promote your protocol. You can use token launch platforms to launch your native tokens on decentralized exchanges and markets. Some of the benefits of using Web3 token launch platforms are: - They provide access to a large and diverse pool of investors and users interested in Web3 technologies and innovations. - They offer various features and tools to help Web3 projects and platforms design, test, and deploy their tokens securely and competently. - They enable Web3 projects and platforms to leverage the advantages of decentralized finance (DeFi), such as liquidity, interoperability, transparency, and efficiency. Some of the examples of Web3 token launch platforms are: Binance Launchpad/BSCPad DAO Maker TrustPad TrustSwap Gate Startup KuCoin Spotlight Tokensoft Polkastarter Polkastarter Gamestarter Seedify DuckDAO/DuckSTARTER Not all Web3 projects are interested in using a Launchpad. Another alternative is to distribute your token through an airdrop. Some projects avoid SEC and other regulatory issues and stick to airdrops. Most of these projects often receive funding from VCs. So, there is usually no incentive to conduct a token sale. #Web3 #token #launch

Introducing Definitive. We've raised $4.1m seed from BlockTower Capital, Nascent, Coinbase Ventures, Geometry, Robot Ventures, CMT Digital, Matrixport and others to bring you the most advanced DeFi yield and execution platform. We see a future where DeFi isn’t just a parallel to traditional finance but rather a dominant force. With decentralized exchanges and lending protocols quickly gaining adoption, it’s clear that DeFi will weave new fabric into our financial systems. We’re at the beginning of this shift, and Definitive will lead the transition by making DeFi more accessible and efficient for everyone involved. Definitive is an execution platform and API for DeFi, offering non-custodial smart contracts and automation services across many DeFi protocols. Every Definitive smart contract is backed by a powerful and proprietary off-chain engine. Together, they work in tandem to streamline DeFi execution for end users, from complex yield strategies to high frequency trading algorithms. To learn more, check out: Funding Announcement - https://lnkd.in/gZ6gj-vg Website - https://lnkd.in/gQTqVxAz Launch Blog - https://lnkd.in/gdv9yx4s Launch Tweet - https://lnkd.in/gRWBChZ8

New Post: Farcaster, a crypto-based social network, raised $150M with just 80K daily users - https://lnkd.in/d6SxNgRT - Farcaster, a blockchain-based social protocol founded by two Coinbase alumni, announced on Tuesday that it closed a $150 million fundraise. Led by Paradigm, the platform also raised money from a16z crypto, Haun Ventures, USV, Variant, Standard Crypto and others, according to a blog post by founder Dan Romero. Farcaster, the social protocol, invites developers to © 2024 TechCrunch. All rights reserved. For personal use only. - #news #business #world -------------------------------------------------- Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR -------------------------------------------------- or download at SourceForge - https://lnkd.in/gNqB7dnp