Coinbase IPO stories abound as they should.  But let’s talk about another aspect of Coinbase which is how active they are investing in other crypto startups. 
 
The investing arm of Coinbase is called Coinbase Ventures and was set up in 2018.  It has invested in over 100 startups in the cryptoeconomy to foster the growth of the crypto ecosystem, per SEC filings.

Here is a rundown of some of the top investments, per The Information:

• Compound Labs: leading DeFi platform

• Zora Labs: An NFT marketplace like OpenSeas

• Rally: A platform that lets creators launch their own tokens

• Amber Group: A crypto trading firm in Hong Kong

Building a VC arm of a major tech company is not a new thing – it’s been around for a long time from the likes of Google, Microsoft, Apple and Salesforce among others.

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