By Coinbase Ventures has invested over $35 million in startups across Europe, the Middle East, Asia, and beyond over the past year. These investments range from cloud storage companies to online retailers to gaming platforms. Most recently, Coinbase Ventures has invested in startups in India, Singapore, Australia, and the UK, showing that they are expanding their portfolio and portfolio choices outside the US.
Coinbase Ventures is targeting companies that are using cryptocurrency and blockchain technology to build new products and services. Some of the most recently funded startups in India include companies focused on decentralized finance (DeFi) and digital assets, as well as digital marketing platforms. In Singapore, Coinbase Ventures invested in a cryptocurrency wallet and payment processor RippleFox, while in Australia it participated in a Series A round for car sharing platform DriveMyCar. In the UK, Coinbase Ventures also recently invested in blockchain startup Company 0.
The Coinbase Ventures’ investment philosophy is built on the belief that the decentralization of various industries has enabled entrepreneurs to build more innovative and meaningful products. With more and more companies entering the cryptocurrency space, Coinbase Ventures wants to support startups that are pushing the boundaries of innovation and have the potential to use digital currency to facilitate global payments more quickly and securely. By investing in startups around the world, Coinbase Ventures shows its commitment to finding the best blockchain projects and helping them scale even further.
