- Coinshift, a platform that provides treasury management for DAOs, has received $15 million in a Series A funding round led by Tiger Global, according to a press release.
- Other investors include Sequoia Capital India, Alameda Ventures, Spartan Group, Ethereal Ventures, Alpha Wave Capital and Hash key Capital.
- The company also announced its roadmap, in which Coinshift founder and CEO Tarun Gupta shared his "vision to build the most sophisticated multichain treasury infrastructure for Web 3."
- Currently, Coinshift manages $1.3 billion in assets and $80 million in payouts to companies such as Consensys, Messari, Biconomy and Uniswap.
- "With version 1 of Coinshift, our team has done incredible work building a sophisticated platform for mass payouts. With our version 2, we are taking a giant leap forward to enable DAOs of all sizes to manage their treasury." Gupta added.
Cash management company Coinshift closes $15 million Series A led by Tiger Global
Coinshift has unveiled a new roadmap with the goal of developing the most sophisticated treasury system for Web 3.