<\/p>\n
The last week in August was a sleepy one for crypto fundraising, as four startups raised about $14 million.<\/p>\n
On-chain marketing firm DeForm led the pack, securing<\/a> $4.6 million of seed funding. Steve Jang\u2019s Kindred Ventures led the round, with support from investor Elad Gil, Scalar Capital, Alchemy Ventures, Next Web Capital and others.\u00a0<\/p>\n DeForm, based in San Francisco, has been building out a \u201ccrypto-native\u201d client management software (CRM) so businesses and creators can make more meaningful insights about their customers.\u00a0<\/p>\n The $4.6 million raised will be allocated to further developing DeForm\u2019s CRM.\u00a0<\/p>\n Non-fungible tokens<\/a> also got some attention this week, with startup FirstMate raising $3.75 million to debut what it calls a \u201ccreator-owned NFT storefront builder.\u201d<\/p>\n Dragonfly Capital was the main backer, with Coinbase Ventures and Next View Ventures also counting themselves as investors.\u00a0<\/p>\n FirstMate\u2019s new product is launching in partnership with Manifold.xyz, and it allows NFT creators to enforce their own royalty payout structure and customize their own site, according to a thread<\/a> on X, formerly Twitter.\u00a0<\/p>\n European crypto investment firm Greenfield Capital led Stroom Network\u2019s $3.5 million seed round, announcing<\/a> the fresh funding early Thursday morning.\u00a0<\/p>\n Stroom is aiming to roll out a liquid staking solution on Bitcoin\u2019s Lightning network<\/a> through its ERC-20 token, InBTC.\u00a0<\/p>\n On its website, Stroom describes InBTC as a \u201cliquid derivative\u201d of bitcoin staked on Lightning that can be redeemed 1:1 for bitcoin.\u00a0<\/p>\n Liquid staking has become popular on Ethereum<\/a>, and now Stroom wants to bring a similar framework to Bitcoin<\/a>.<\/p>\n Get the day\u2019s top crypto news and insights delivered to your email every evening.\u00a0Subscribe to Blockworks\u2019 free newsletter<\/a>\u00a0now.<\/strong><\/p>\n Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can\u2019t-miss tweets and more from\u00a0Blockworks Research\u2019s Daily Debrief<\/a>.<\/strong><\/p>\n Can\u2019t wait? Get our news the fastest way possible.\u00a0Join us on Telegram<\/a>\u00a0and follow us on\u00a0Google News<\/a>.<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" The last week in August was a sleepy one for crypto fundraising, as four startups raised about $14 million. On-chain marketing firm DeForm led the pack, securing $4.6 million of seed funding. Steve Jang\u2019s Kindred Ventures led the round, with support from investor Elad Gil, Scalar Capital, Alchemy Ventures, Next Web Capital and others.\u00a0 DeForm, […]<\/p>\n","protected":false},"author":2,"featured_media":149111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-149110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=149110"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149110\/revisions"}],"predecessor-version":[{"id":149113,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/149110\/revisions\/149113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/149111"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=149110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=149110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=149110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Liquid staking on Lightning?<\/h2>\n
Other notable fundraises<\/h2>\n
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