What is Coinshift?
Founded in 2021, Coinshift is at the forefront of revolutionizing treasury management for decentralized autonomous organizations (DAOs) and cryptocurrency-focused companies. The platform is designed to bring unparalleled data transparency to DAOs by establishing a robust shared data layer built upon IPFS and Filecoin. This infrastructure enables organizations to manage their digital assets with greater clarity and control, addressing a critical need in the rapidly evolving Web3 ecosystem. Coinshift's commitment to transparency and efficient asset management makes it a key player in the burgeoning crypto finance sector.
How much funding has Coinshift raised?
Coinshift has raised a total of $17.5M across 2 funding rounds:
Angel/Seed
$2.5M
Series A
$15M
Angel/Seed (2021): $2.5M with participation from ConsenSys Mesh, LongHash Ventures, FinTech Collective, and Sequoia Capital India
Series A (2022): $15M led by Tiger Global Management and Sequoia Capital
Key Investors in Coinshift
ConsenSys Mesh
ConsenSys Mesh is an incubator, accelerator, and investor focused on web3 technologies, including DAOs, NFTs, the metaverse, and decentralized identity. Founded in 2015 by Ethereum co-founder Joseph Lubin, the company supports a network of over 5,000 founders and builders, guiding more than 90 projects through its accelerator program, Tachyon.
LongHash Ventures
LongHash Ventures is a global blockchain accelerator and investor building the native Web 3.0 blockchain economy. With a global network established across key technological hubs including Singapore, Shanghai, and Hong Kong, the company is committed to catalyzing growth for the next generation of blockchain startups.
FinTech Collective
FinTech Collective is a venture capital firm that partners with visionary founders aiming to reshape financial markets. The firm focuses on supporting creators who are reimagining the flow of money through innovative technology and operational strategies.
What's next for Coinshift?
With its recent major strategic investment, Coinshift is poised to accelerate its product development and market penetration. The company's focus on providing a transparent and secure treasury management solution for DAOs and crypto-native businesses aligns with the increasing institutional adoption of digital assets. Future growth is likely to involve expanding its service offerings, forging new partnerships within the blockchain industry, and enhancing its platform's capabilities to meet the complex demands of decentralized finance. This strategic financing will be instrumental in solidifying Coinshift's position as a leader in crypto treasury management.
See full Coinshift company page
