Search results for Circle Ventures
Crypto
EarnOS launches Ero app, expands ad model that rewards only real people
Blockchain-based digital advertising startup EarnOS raised $6 million in a pre-Series A round led by 1ks. The Block reported that Coinbase Ventures, Circle Ventures and Social Graph Ventures also joined the round. EarnOS completed beta testing of its Ero app and launched it in the United States, Canada, Australia and the UK. The company also said it secured a $12.5 million strategic investment over four years from Layer 1 blockchain Verona.
Crypto
Trase Finance raises $32 million in Series A to expand cross-border stablecoin payments
Trase Finance raised $32 million in a Series A round. CoinFund led the investment, with participation from Coinbase Ventures, Jump Capital, Paxos and HOF Capital, Cointelegraph reported on June 17. Trase Finance provides banking connectivity, foreign exchange and stablecoin settlement infrastructure for cross-border payments in Latin America. Its cumulative processed transaction volume has exceeded $10 billion. The company plans to use the funds to expand into the United States and Asia-Pacific.
Crypto
Morpho raises $175 million for on-chain lending protocol
On-chain lending protocol Morpho raised $175 million in a funding round co-led by Paradigm, a16z Crypto and Ribbit Capital, The Block reported. Apollo Fund, Circle Ventures, VanEck, Ledger Cathay, Wintermute Ventures, SBI Group and France\'s state investment bank also participated. The investment was structured as token purchases. Morpho said it offers a blockchain-based lending market where users can create lending pools by setting their own risk parameters.
