Share this article
Cash Management Firm Coinshift Closes $15M Series A Led by Tiger Global
Coinshift has outlined a new roadmap with the goal of building the most sophisticated treasury system for Web 3.
Updated May 11, 2023, 6:53 p.m. Published May 17, 2022, 2:23 p.m.
Coinshift, a platform that offers treasury management for decentralized autonomous organizations (DAOs) and crypto companies, has raised $15 million in a Series A funding round led by Tiger Global, according to a press release.
- Other investors in the round include Sequoia Capital India, Alameda Ventures, Spartan Group, Ethereal Ventures, Alpha Wave Capital and HashKey Capital.
- The company, which provides a platform to manage cash reserves, 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 like Consensys, Messari, Biconomy and Uniswap.
- "With Coinshift's version 1, our team has done an incredible job of building a sophisticated mass payouts platform. With our version 2, we are taking a massive leap forward to enable DAOs of any size, to manage their treasury," Gupta added.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
