Portfolio
2
companies
BVNK
BVNK builds stablecoin payments infrastructure for global businesses.
Coincover
Coincover provides digital asset protection and recovery services for cryptocurrency holders.
Kim Trautmann
Head of DRW Venture Capital
Haun Ventures led the Series B round as BVNK establishes a presence in San Francisco and New York City.
"Today’s consumers want payments that happen as fast as the internet, across borders, and without compromising security. Stablecoins offer that solution and are helping update the financial system. Coinbase Ventures is excited to invest in BVNK as they seek to drive greater global adoption of stablecoin payments."
Element Ventures led the Series A round to support team expansion and product development.
"Crypto can be complex and confusing and people have valid fears around the safety of their funds. With Coincover, we are providing a fundamental building block for a rapidly maturing market by ensuring that people can be protected against making a mistake that can end up costing them thousands. This investment means we can rapidly scale our growth to market and consumer demands, and in doing so ensure more people can invest in crypto safely."