Inventory of Coinbase’s recent investments: Hourglass, Yoz Labs, EigenLayer…
Coinbase has invested in Hourglass, Yoz Labs, EigenLayer, and others.
Cryptocurrency KOL MooMs has reviewed Coinbase’s recent 7 investment projects, including liquidity markets, information platforms, notification platforms, DEX, and more.
1) Hourglass is a market for TBT tokens. Through TBT, the market allows users to gain liquidity for their locked assets by selling the right to their duration. Fundraising amount: $4.2 million. Common investors: Circle, Eletric Capital. 2) Yoz Labs is a web3 notification platform aimed at making it easier for cryptocurrency developers and projects to send notifications to users. Fundraising amount: $3.5 million. Common investors: Eletric Capital, Dapper Labs, etc.
3) EigenLayer introduces re-staking, a new primitive in cryptographic economic security. Users can choose to join EigenLayer to re-stake their ETH or LST and earn additional rewards. Fundraising amount: $64.5 million. Common investors: Polychain Capital, Multicoin Capital, etc. 4) Arkham provides information on real-world entities and individuals behind cryptocurrency market activities. Users can search, filter, and sort crypto transactions by value, token, time, and counterparty. Fundraising amount: $12 million. Common investors: Digital Currency Group, etc.
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5) DFlow is an order flow market that brings transparent and fair payment for order flow (PFOF) to digital market participants. Fundraising amount: $7.5 million. Common investors: Circle, The Spartan Group, Multicoin Capital, etc. 6) Credora is an end-to-end lending solution that facilitates credit by verifying real-time risk indicators in a zero-knowledge environment. Fundraising amount: over $14 million. Common investors: GSR, Wintermute, etc. 7) Dolomite is a currency market protocol and DEX that offers over-collateralized loans, margin trading, spot trading, and other financial instruments through its virtual liquidity system. Fundraising amount: $2.5 million. Common investors: NGC Ventures, 6MV, etc.
Reference: https://twitter.com/moomsxxx/status/1668308830583762967