Tiger Global leads $15 million Series A for web3 infrastructure startup Coinshift

05/17 13:12

According to TheBlock, Coinshift, an Indian crypto startup that provides treasury management tools for decentralized autonomous organizations (DAOs) and web3 firms, has raised $15 million in a Series A funding round as it plans to expand to new blockchain networks. Sharing the news exclusively with The Block on Tuesday, Coinshift said Tiger Global led the round, with Sequoia Capital India, Alameda Ventures, Spartan Group, Ethereal Ventures, Polygon Studios and others participating. Angel investors include Ryan Hoover, the founder of Product Hunt and Weekend Fund, Shiva Rajaraman, vice president of operations at OpenSea, and Prabhakar Reddy, founder of FalconX.
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