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Worldcoin could onboard "billions of users" to crypto markets, said Austin Barack, a partner at CoinFund, in a blog post this week. Prior to the launch, Worldcoin had a little over two million verified users worldwide, and as of the time of writing, 941,000 World App wallets have been created,
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Over $350 million has been raised by crypto venture capital firms Polychain Capital and Coinfund, whirespective reported raises of $200 million for a new investment fund and $152 million for a seed fund.A July 18 Forbes report said Polychain’s $200 million sum was raised in the “first close” of its
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Neutron, which had its mainnet launch in May, is a cross-chain smart contract platform that uses the Cosmos ecosystem’s interchain security feature, Replicated Security (RS). Developers can use Neutron to build smart contracts and decentralized applications (dapps) in a cost-effective and secure environment, the firm said in the statement. Source
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"Our partnership with CoinFund creates such a foundational piece of infrastructure to crypto-asset markets," Alan Campbell, president of CryptoX Indices, said in the press release. "Drawing on our experience managing the longest-running and largest benchmarked crypto indices globally, we're excited to launch CESR, a building block for crypto-based finance." Source
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"Tableland integrates a battle-tested database into EVM-based smart contracts for the first time," said Tabelland co-founder Andrew Hill in the press release. "The ease and familiarity of SQL combined with a network of pre-built, composable data models will make it possible for developers to turn ideas into dapps faster than
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In August, the firm launched the $300 million CoinFund Ventures I fund to invest in crypto companies gaining commercial traction in a sector with a large total addressable market, David Pakman, CoinFund managing partner and venture investing head, told CryptoX at the time. Source
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The CoinFund Ventures I fund will invest in companies showing commercial traction that also belong to a crypto sector with a large total addressable market, said David Pakman, CoinFund managing partner and venture investing head, in an interview with CryptoX. Areas of interest include layer 1 blockchains, Web3 infrastructure, non-fungible
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“Cloud computing allowed new companies to exist where they couldn’t before. It created a new market by offering infrastructure as a service,” said CoinFund CEO and founder Jake Brukhman in a press release. “Socket Supply brings cheaper, more secure, and more usable tooling based on Web 3 decentralization technology to
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“As former chairman of the CFTC, Chris was always on the cutting edge of technology and at the forefront of regulatory policy,” CoinFund President Christopher Perkins wrote in an email to CryptoX. “As the regulatory framework continues to crystallize across Web 3, Chris will be able to deliver key insight
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