Tina Meschino’s Post

COINBASE INVESTS IN PUFFER’S NEW $18 MILLION FUNDING ROUND - Revealed today, restaking protocol Puffer Labs has raised a further $18 million in a new Series A investment round. - The round saw participation from major crypto VCs including but not limited to… CB Ventures Electric Capital Kraken Digital Asset Exchange Ventures Mechanism Capital Consensys Animoca Brands - Only a few months ago, in January 2024, Puffer announced that it had received investment from Binance Labs, of the Binance exchange, to help drive its growth and development. - Puffer Finance is a liquid restaking protocol, allowing #Ethereum stakers to participate in validation with just 1 $ETH, rather than the typical 32 $ETH. - Puffer further distributes stakers with a liquid-restaking token (LRT) allowing them to participate in other areas of DeFi while earning Ethereum yield. - The project is built with EigenLayer’s infrastructure and its TVL reached as high as $1.5 billion in early March. Image: Puffer

BVNK Secures $50M Funding to Dive into the US Stablecoin Market In a bold move to expand its footprint, fintech company BVNK has successfully raised $50 million in a Series B funding round. This significant financial injection was spearheaded by Haun Ventures, highlighting the growing interest and confidence in BVNK's strategic growth plans. The funds will be directed towards venturing into the lucrative United States stablecoin market, a sector poised for rapid expansion and innovation. As the global demand for digital assets continues to grow, BVNK aims to leverage this funding to accelerate product development and enhance its service offerings. The company's expansion into the US stablecoin market represents a critical step in its journey, potentially opening up new opportunities and partnerships. With stablecoin technology gaining traction, BVNK's initiative could play a pivotal role in reshaping how businesses and consumers interact with digital currencies. With this ambitious expansion on the horizon, the financial technology landscape is set for dynamic shifts. How do you think BVNK’s entry into the US stablecoin market will influence digital payment solutions and the broader fintech ecosystem? #Fintech #BVNK #Stablecoin #USMarket #Innovation #DigitalCurrency

We're thrilled to lead the $3mn pre-seed round of Perena with participation from Binance Labs, Primitive Ventures, Breed, Maelstrom, MitonC, ABCDE, Anagram Ltd, Temporal, Graph Ventures, SevenX Ventures and several renowned angels to build the foundations for the next era of money. #Stablecoins have emerged as a mainstream technology for individuals and institutions globally. As leading crypto applications, stablecoins and payment finance (#PayFi) represent a key use case increasingly recognized by regulators and issuers worldwide. However, the ecosystem remains fragmented, with numerous new assets and segmented liquidity markets. We believe in a future where money is a choice—borderless, permissionless, and free—achieved through efficient liquidity between stablecoins and safe credit expansion. Currently, new stablecoin issuers face a difficult dilemma: invest millions in liquidity incentives or remain illiquid. This creates a barrier to entry for new players and forces users to bear the costs of fragmentation. Perena is developing critical stablecoin infrastructure to power a more integrated future and drive efficient growth for both #PayFi and #DeFi. The team is focused on enabling the real-world scalability and maturity of this technology, empowering anyone and any institution to access money 24/7. Founded by Anna Yuan, former Stablecoin Head at Solana Foundation, Perena's team comprises proven leaders and builders who have been at the forefront of bringing sophistication and safety to decentralized finance. They are already launching new products and protocols designed to lower issuer risk and reduce fragmentation. Their first release, Numéraire, is an #AMM that simplifies stablecoin creation and swapping while optimizing liquidity efficiency across markets. Designed specifically for stablecoin issuer composability, Numéraire offers a capital-efficient stableswap that reduces issuers' liquidity costs while generating attractive yields for LPs. Perena has designed Numéraire from first principles: multi-token pools reduce capital requirements, built-in lending amplifies yield, and risk tranching allows institutional participation without compromising decentralization. Perena's infrastructure addresses these structural issues, laying the groundwork for truly decentralized money—where liquidity and risk are efficiently distributed rather than concentrated. More here: CoinDesk: https://lnkd.in/d2MVWSxt Cryptonomist: https://lnkd.in/daDJRXJH

Proud to announce our latest funding round ⚡️🥳 At RiskLayer we have recently closed our Builders Round led by Antler and Momentum 6 🚀 The round also saw participation from renowned angels like Richard Ma ( Founder of Quantstamp, Inc. ), Ishaan ( Eigen Labs ), Paul Taylor ( ex - BlackRock ) amongst others. RiskLayer, a protocol developed by Chainrisk Labs is a set of actively validated services on EigenLayer to commercialise “RISK” as a metric for crypto. Today an average Joe has no way to measure risk in DeFi and devise his strategies accordingly. This creates a huge hindrance towards retail and larger institutional adoption ! Blackrock’s $20B+ crypto inflows are siloed in Coinbase with no capital efficiency avenues other than spot holdings ‼️ On the other hand DeFi TVL is floating around 100B since the end of last cycle. In web2, institutions and investors could rely upon Moody's Corporation - a $65Bn Company - for analysing risk data. But who solves this for crypto ? Welcome to RiskLayer ⚡️ Our ultimate vision : Enable Economic Incentives to help institutions deploy the underlying $100B in Crypto ETFs into DeFi. Special thanks to Nitin Sharma , Nilotpal Mukherjee for supporting us from day 1. E-Cell IIT BHU

Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm #businessdigital-asset-trader-auros-to-invest-over-50m-in-crypto-startups-through-its-newly-established-vc-arm

I’m excited to announce Noble’s $15 million Series A funding round led by Paradigm and including Polychain, Foresight, Wintermute and numerous angel investors. We have the best Web3 investors backing our vision.   For the past two years, we’ve been deep in the stablecoin trenches building Noble and servicing a growing ecosystem of asset issuers, appchain developers and end users who rely on Noble for reliable stablecoin liquidity. What started as an idea to improve stablecoin UX for asset issuers grappling with the complexity of a multichain environment is now a solution that connects over 50 applications with a 1-click UX workflow for stablecoins under the hood. We now have: + $450M+ of stablecoins & RWAs from Circle, Ondo, Hashnote & Monerium  + $5B+ in volume in just over 1 year of Noble’s existence.  Noble’s new chapter will be marked by a bold product vision with stablecoins at the helm – this funding round accelerates our capacity to deliver the best possible infrastructure to proliferate stablecoin and RWA liquidity. Check out exclusive coverage from Fortune Magazine:

The US gets far to much stick from the Web3.0 community on it's crypto stance,. There is a reason why over half of the VC capital invested in Q3 this year went into US based crypto firms. Furthermore, this is not just a blip, but a long-term trend. It has a startup culture that Europe could only dream of and continues to be the global Web3.0 hub for innovation. #crypto #Web3 #investing

BVNK has secured $50M in Series B funding to power the next era of stablecoin payments. The round was led by Haun Ventures, with participation from Coinbase, Scribble Ventures, DRW, and existing backers Avenir and Tiger Global Management. Founded in 2018 by Jesse Hemson-Struthers, Donald J., and Chris Harmse, BVNK is transforming global payments with seamless stablecoin and fiat solutions, processing $10B in annualized volume for businesses like Deel, Rapyd, and Trust Payments. With plans to expand into the US and new offices in San Francisco and New York, 2025 is set to be a game-changer for global payments. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/eJXZrmEj 🚀 #Stablecoins #Payments #Fintech #Funding

I'm excited to share that Morpho secured $50m in funding led by Ribbit Capital. There was also participation from a16z crypto Coinbase Variant Pantera Capital and 50+ others who will help guide the future of Morpho. From a student project to one of the fastest-growing and now premier DeFi protocols, Morpho has come a long way. In just 2 years, it went from 0$ to $3B in deposits and evolved into a fully independent financial infrastructure. This funding will help: → Grow the Morpho Ecosystem outside the (still self-referential) DeFi space leveraging Ribbit's fintech portfolio companies like @revolut @robinhood @nubank. → Consolidate the Morpho Stack by creating products servicing users of all types. → Develop our vision of building finance like the early internet: by building transparent, efficient & open protocols. → Hire incredible talents sharing this vision: jobs.morpho.org Thank you to all our partners, individuals, friends, and families who helped us along the way. Morpho is just getting started. Let’s make financial infrastructure a public good 💙

Crossover Markets Raises $12M in Series A Funding Crossover Markets, a London, UK-based digital asset technology firm, raised $12M in Series A funding. The round was led by Illuminate Financial and DRW Venture Capital with participation from Flow Traders, Laser Digital, Two Sigma, Wintermute, and retail brokers such as Exness, Gate.io, GMO, Pepperstone, Trademax and Think Markets. It also announced the addition of new Board Members. Mark Beeston, Founder and Managing Partner of Illuminate Financial, will join Crossover’s board of directors along with Kevin Wolf, CFO at American Financial Exchange and former CEO of Euronext FX. The company intends to use the funds to invest in its team and technology, further strengthening its position in the market. Led by CEO Brandon Mulvihill, Crossover Markets is a digital asset trading technology firm focused on meeting liquidity requirements of institutions in the cryptocurrency markets. CROSSx, its execution only cryptocurrency Electronic Communication Network (ECN), is empowered by advanced matching engine and includes order logic that enables clients to choose with whom they want to trade. Crossover Markets recently reported over $3.15 billion (USD) in notional trading value, 415,450 trades, and over 141 billion quotes processed on CROSSx in Q1 2024. Source Finsme #fintech #fundraising #wealthmanagement