Coinbase Ventures

Tenor helps people borrow and lend money at a fixed rate without needing permission.

Arcadia Finance is an open-source financial technology platform designed to facilitate the discovery, investment, and management of yield-bearing assets on blockchains. The platform addresses issues of collateral fragmentation and illiquidity associated with tokenized assets. Arcadia offers a range of services, including asset management for concentrated liquidity positions, instant leverage, and smart contract accounts that allow users to store digital assets and secure loans by using these assets as collateral. Through these features, Arcadia enables users to efficiently manage their digital assets and provide liquidity, enhancing the overall functionality of the decentralized finance ecosystem.

Credora is a company focused on enhancing confidence in credit markets through privacy-preserving technology and real-time credit analytics. It provides a platform that empowers efficient private credit markets by offering comprehensive reports, transparent methodologies, and automated processes for onboarding and information submission. By facilitating over $1 billion in uncollateralized loans across more than 100 borrowers and lenders, Credora enables well-capitalized and risk-managed borrowers to engage in transparent and secure borrowing. Additionally, the company monitors over $4 billion in borrower assets, ensuring extensive coverage across both centralized and decentralized finance venues.

Term Labs is a blockchain research and development company that operates a decentralized finance (DeFi) lending platform. The platform connects borrowers and lenders, facilitating fixed-rate lending within the blockchain ecosystem. By focusing on scalable and transparent solutions, Term Labs aims to provide institutional-scale participants with affordable and crypto-native lending options.

END-Labs is a blockchain development studio focused on creating Web3 lending infrastructure. The company develops a suite of blockchain-based products aimed at transforming financial interactions by connecting fiat-native borrowers with institutional decentralized finance (DeFi) capital to enhance capital efficiencies. Its platform is designed as an application-specific blockchain that supports a variety of decentralized applications, allowing these applications to work together within the broader blockchain ecosystem. This integration enables borrowers to identify the most cost-effective sources of capital and optimize terms based on the assets they intend to use as collateral.

CLST is focused on creating a global network that connects institutional borrowers and lenders in the short-term digital assets debt market, referred to as the New Money market. The company aims to serve as a gateway for uncollateralized lending, specifically targeting stablecoins and cryptocurrencies. By facilitating bilateral price negotiation and settlement, CLST's platform enables institutional adoption of digital assets, bridging the gap between traditional finance and crypto-native institutions. Through its innovative approach, CLST is positioned to enhance liquidity and market efficiency within the emerging landscape of digital asset finance.

MoHash is a decentralized finance (DeFi) protocol that leverages crypto assets, particularly stablecoins, to facilitate access to global capital and liquidity for private debt in rapidly expanding economies. The protocol allows investors to earn sustainable and scalable high yields by issuing a fungible token, which represents a claim on a diversified pool of risk-managed and financially regulated debt instruments. This approach aims to safeguard investors' interests while enabling them to capitalize on emerging markets undergoing technological advancements in financial services. Through its innovative model, MoHash seeks to provide a pathway for higher returns in the evolving landscape of decentralized finance.

Euler is a non-custodial lending protocol built on Ethereum that allows users to lend and borrow a wide range of crypto assets without relying on a trusted third party. The platform offers a capital-efficient solution for earning interest on crypto holdings and provides mechanisms to hedge against market volatility. By utilizing reactive interest rates informed by control theory, Euler's system adapts in real-time to market conditions, enabling users to manage risk effectively. This innovative approach allows clients to engage with a diverse array of crypto assets while minimizing risk exposure.

Amber Group is a cryptocurrency financial services provider based in Hong Kong, established in 2017 by finance professionals from leading institutions. The company offers a range of services including liquidity provision, trading, asset management, yield enhancement, collateralized lending, decentralized finance, and electronic market making. Operating globally, Amber Group serves over 200 institutional clients and has facilitated cumulative trading exceeding $200 billion across numerous electronic exchanges, with an average daily trading volume of $100-200 million. The company is dedicated to enhancing client experiences by leveraging advanced technology and quantitative research, aiming to optimize investment flexibility and maximize returns. Amber Group has also raised significant capital to support its growth and innovation in the cryptocurrency space.

Folks Finance is a cross-chain decentralized finance (DeFi) protocol that addresses liquidity fragmentation by enabling users to deposit and borrow across different blockchain networks without the need for bridging or wrapping assets. It operates as a non-custodial platform, providing financial tools for digital assets, including strategies for earning yield and securing loans. Folks Finance has established itself as the largest application on the Algorand blockchain, offering a comprehensive hub for lending, trading, and liquid staking. The protocol has achieved significant growth, reaching an all-time high of $400 million in total value locked (TVL) in November 2024, making it one of the fastest-growing DeFi applications in the market. Users can earn yield on their deposits, utilize them as collateral for loans, and engage in governance activities within the Algorand ecosystem.

Goldfinch is a credit platform that offers crypto loans without collateral. It also offers capital in a digital currency by expanding access to capital in emerging markets and offers a stable yield to the lenders, enabling the empowerment of financial inclusion in emerging markets. The company was founded in 2020 by Mike Sall and Blake West.

Goldfinch is a credit platform that offers crypto loans without collateral. It also offers capital in a digital currency by expanding access to capital in emerging markets and offers a stable yield to the lenders, enabling the empowerment of financial inclusion in emerging markets. The company was founded in 2020 by Mike Sall and Blake West.

Block Earner is an Australian fintech platform that merges traditional banking services with advanced cryptocurrency offerings. It features a flagship product that allows users to secure loans by using their cryptocurrency as collateral. In addition to crypto-backed loans, Block Earner provides a range of trading options, including spot and over-the-counter trading, along with access to decentralized finance yield products, which enable users to earn annual returns. By integrating these diverse financial solutions, Block Earner aims to meet the needs of its growing community of crypto users, offering a comprehensive wealth management experience in a user-friendly interface.

Meow Technologies is a financial technology company, not a bank. Banking services are provided by FirstBank, a Tennessee corporation, and by Grasshopper Bank, N.A. and Third Coast Bank SSB; Members FDIC. Meow offers businesses checking accounts with interest, treasury management services, invoicing, bill pay and more.

Solend is a decentralized finance (DeFi) platform that facilitates borrowing and lending of cryptocurrency. It primarily serves users within the Solana ecosystem, providing them with diverse opportunities to profit from their assets. The platform enhances capital efficiency by allowing users to earn yields on idle funds and implement various DeFi yield strategies. Users can choose to lend or borrow funds, primarily using stablecoins or SOL, the native cryptocurrency of Solana. By enabling individuals to act as mini-banks, Solend aims to transform the traditional lending process in the cryptocurrency market.

Lemon Cash is a digital wallet that provides banking, extra banking, and cryptocurrency functionalities, catering primarily to users in Latin America. The company has developed an online payment platform that facilitates secure electronic transactions and integrates various payment services. Through partnerships, Lemon Cash offers features such as margin trading and a lending market, allowing users to effectively invest and manage their digital assets. Additionally, the platform enables liquidity providers to engage in real-time trading within the peer-to-peer crypto financing market.

Amber Group is a cryptocurrency financial services provider based in Hong Kong, established in 2017 by finance professionals from leading institutions. The company offers a range of services including liquidity provision, trading, asset management, yield enhancement, collateralized lending, decentralized finance, and electronic market making. Operating globally, Amber Group serves over 200 institutional clients and has facilitated cumulative trading exceeding $200 billion across numerous electronic exchanges, with an average daily trading volume of $100-200 million. The company is dedicated to enhancing client experiences by leveraging advanced technology and quantitative research, aiming to optimize investment flexibility and maximize returns. Amber Group has also raised significant capital to support its growth and innovation in the cryptocurrency space.

Warbler Labs is a fintech company focused on blockchain development, specializing in providing technological solutions for businesses in the cryptocurrency space. The company has developed a decentralized credit protocol that facilitates crypto loans for real businesses, thereby enhancing access to capital in emerging markets. By offering capital in digital currency, Warbler Labs aims to empower individuals and businesses in these regions, while also providing lenders with a stable yield through its innovative lending platform.

FalconX, Ltd. is a cryptocurrency brokerage and digital asset trading platform founded in 2018 and based in San Mateo, California. The company specializes in providing trading solutions for blockchain and fintech sectors, focusing on reliable execution for its clients. Utilizing data science and machine learning, FalconX's platform aims to eliminate slippage and hidden fees, enabling efficient access to cryptocurrency markets. It serves hedge funds, proprietary trading firms, and other institutional clients by facilitating mid-to-large size trades with smart routing across various liquidity sources for optimal pricing.

Goldfinch is a credit platform that offers crypto loans without collateral. It also offers capital in a digital currency by expanding access to capital in emerging markets and offers a stable yield to the lenders, enabling the empowerment of financial inclusion in emerging markets. The company was founded in 2020 by Mike Sall and Blake West.

Goldfinch is a credit platform that offers crypto loans without collateral. It also offers capital in a digital currency by expanding access to capital in emerging markets and offers a stable yield to the lenders, enabling the empowerment of financial inclusion in emerging markets. The company was founded in 2020 by Mike Sall and Blake West.

Protego Trust Bank is a financial service company that offers regulated crypto services to institutional investors. The company provides clients comprehensive digital asset services including custody, trading, lending, and issuance - all within one vertically integrated partner. Protego Trush Bank was founded in 2017 and is based in Seattle, WA.

FalconX, Ltd. is a cryptocurrency brokerage and digital asset trading platform founded in 2018 and based in San Mateo, California. The company specializes in providing trading solutions for blockchain and fintech sectors, focusing on reliable execution for its clients. Utilizing data science and machine learning, FalconX's platform aims to eliminate slippage and hidden fees, enabling efficient access to cryptocurrency markets. It serves hedge funds, proprietary trading firms, and other institutional clients by facilitating mid-to-large size trades with smart routing across various liquidity sources for optimal pricing.

Amber Group is a cryptocurrency financial services provider based in Hong Kong, established in 2017 by finance professionals from leading institutions. The company offers a range of services including liquidity provision, trading, asset management, yield enhancement, collateralized lending, decentralized finance, and electronic market making. Operating globally, Amber Group serves over 200 institutional clients and has facilitated cumulative trading exceeding $200 billion across numerous electronic exchanges, with an average daily trading volume of $100-200 million. The company is dedicated to enhancing client experiences by leveraging advanced technology and quantitative research, aiming to optimize investment flexibility and maximize returns. Amber Group has also raised significant capital to support its growth and innovation in the cryptocurrency space.

Staked, LLC provides infrastructure for institutional investors in digital currencies to enhance their crypto holdings through staking and lending. Founded in 2018 and based in Becket, Massachusetts, the company operates secure and efficient block production nodes for decentralized proof-of-stake protocols. Its platform enables cryptocurrency holders to earn yields on their assets by running staking nodes, allowing investors to take advantage of rewards from various proof-of-stake currencies. Staked offers services such as Service Level Agreements for block rewards, automatic payouts, and comprehensive reporting, ensuring a combination of security, scalability, and decentralization for its clients.

BlockFi, Inc. is a New York-based financial services company that specializes in providing wealth management products for cryptocurrency investors. Founded in 2017, it offers interest-bearing accounts that allow clients to earn yields on their Bitcoin, Ether, and Gemini Dollar holdings. The company also facilitates secured loans in USD, where clients can collateralize their loans with cryptocurrency assets. Additionally, BlockFi provides a trading platform for exchanging various cryptocurrency pairs and customizable lending options for institutions. By leveraging a sophisticated infrastructure that integrates with multiple blockchains, BlockFi aims to enhance liquidity and efficiency in digital financial markets, catering to the needs of both individual and institutional clients.