A quick peek at 7 projects Coinbase recently invested in

Author: MooMs, encrypted KOL; translation: Golden Finance xiaozou

Want to know what's next in the crypto world? Let’s take a look at what Coinbase is betting on for the next bull run, and they recently invested in the following 7 projects:

1、Hourglass

Hourglass is a time-bound token (TBT) marketplace. Through TBT, the market allows users to obtain the liquidity of their locked assets by selling the rights of the time period. Financing amount: US$4.2 million; co-investors: Circle, ElectricCapital, etc.

2、Summer

Yoz is a Web3 notification platform designed to make it easier and more convenient for crypto developers and projects to send notifications to users. Funding amount: $3.5 million; co-investors: EletricCapital, DapperLabs, etc.

3、OwnLayer

EigenLayer introduces a new cryptoeconomic security primitive—restaking. Users can choose to join EigenLayer and pledge their ETH or LST again to get extra rewards. Funding amount: $64.5 million; co-investors: PolychainCapital, MulticoinCapital, etc.

4、Arkham

Arkham provides relevant information about the real-world entities and individuals behind crypto market activity. Users can search, filter and sort crypto transactions by value, token, time and counterparty. Financing amount: US$12 million; co-investors: DCGco, etc.

5、DFlow

DFlow is an order flow marketplace that provides open and fair payment for order flow (PFOF) to digital market participants. Funding amount: $7.5 million; co-investors: Circle, TheSpartanGroup, MulticoinCapital, etc.

6、CredoraPlatform

Credora is an end-to-end lending solution that uses zero-knowledge proofs to verify real-time risk indicators. Funding amount: more than 14 million US dollars; co-investors: GSR, Wintermute, etc.

7、Dolomite

Dolomite is a money market protocol and DEX that provides over-collateralized loans, margin trading, spot trading and other financial instruments through its virtual liquidity system. Funding amount: $2.5 million; co-investors: NGC Ventures, 6MV, etc.

In addition to these investments, Coinbase has several projects related to certain areas of its portfolio:

• Derivatives Agreement: Contango, cega, Opyn, Synthetix. Derivatives protocols will be the dominant area in the next few years, and Coinbase has already invested in several related projects. Their bets on options-related platforms and permanent infrastructure projects are ones to watch.
• Insurance and risk-related programs: Cozy, RiskHarbor, NeptuneMutual, Immuna, Harpie. Insurance protocols are slowly gaining traction and will be in greater demand as various institutional entities enter the space. Compared with traditional financial insurance, the industry still faces many obstacles, but Coinbase believes that the industry has good room for growth.
• Real World Use Cases: BounceFinance, RealityBits, Reserve, endaoment.eth. Even if it’s not exactly related to DeFi, we will see more and more projects like this emerge. These projects bring the benefits of blockchain and smart contracts into the real world, and I'm excited to see real-world use cases that go beyond the financial industry.
• Others: OndoFinance, OmniNetwork, Instadapp, Cntrifuge. These 4 protocols have considerable growth potential, targeting narratives such as real-world assets, liquidity fragmentation, and account abstraction.