Congratulations to FTC portfolio company Coinshift on the announcement of their Series A round of financing. Coinshift provides treasury management tools for decentralized autonomous organizations (DAOs) and web3 firms, and plans to use the new capital to expand to new blockchain networks. Sequoia Capital India, Alameda Ventures, Spartan Group, Ethereal Ventures, and Polygon Studios also participated in the round.
"Our current V1 platform is more focused on payouts. Now we are building a multichain treasury infrastructure and it will be available on seven chains from day one," said Gupta. Those blockchains include Ethereum, Polygon, Avalanche, Binance Chain, Gnosis, Optimism and Arbitrum, Gupta added.