Coinshift raises $15 million from Tiger Global, Sequoia Capital and other funds
Indian crypto startup
Coinshift, which provides treasury management tools for decentralized autonomous organizations (DAOs) and web3 companies, has raised $15M in a Series A funding round.
The investment round was led by
Tiger Global, with participation from
Sequoia Capital India, Alameda Ventures, Spartan Group, Ethereal Ventures and Polygon Studios.
Also contributing to the funding were Product Hunt and Weekend Fund founder Ryan Hoover,
OpenSea VP Shiva Rajaraman, and
FalconX founder Prabhakar Reddy.
According to The Block, the company plans to launch its own token and transform into a DAO soon.
Coinshift currently provides a treasury management platform for the Ethereum and Polygon blockchains.
However, next week the platform will start supporting
Avalanche, Binance Chain, Gnosis, Optimism, and Arbitrum networks.
Uniswap, ConsenSys, Balancer, Messari, Biconomy and Perpetual Protocol are currently using Coinshift servi
