Share this article
Blockchain Development Platform Tatum Raises $41.5M From Octopus, Circle, Others
Tatum's aim is to slash the time-to-market of blockchain application development
Updated May 9, 2023, 3:59 a.m. Published Oct 12, 2022, 12:00 p.m.
Blockchain development platform Tatum has raised $41.5 million in funding from Octopus Ventures, Circle, Leadblock Fund and founders of crypto exchange Bitpanda, among others.
Tatum's aim is to slash the time-to-market of blockchain application development. Its platform simplifies the creation of blockchain operations in single lines of code to streamline the development process, incorporating features such as smart contracts, fee and payment solutions, real-time alerts and crypto-exchange functions.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The company is therefore looking to address the complexities and expertise required that lead to lengthy development times which may hinder blockchain adoption.
"We have revolutionized blockchain application creation by slashing development times from months or years of engineering time down to just days," co-founder and CEO Jiri Kobelka said.
The London and Miami-based firm intends to use the funding to invest in marketing, educational efforts and community building.
Tatum has previously raised $8 million and now has many blockchain applications live and in production environments with clients ranging from Fortune 500 companies to tech start-ups.
Read more: Blockchain Game Developer Horizon Raises $40M in Series A Funding Round
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Coinbase’s Base faces builder backlash over creator coin push
Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects.
What to know:
- Base has seen a surge in creator-coin issuance via Zora, with daily token mints surpassing Solana in August, boosting onchain activity and attention.
- Some Base-native projects say marketing and social support has become narrowly focused on Zora-linked initiatives, leaving other established communities without recognition.
- While Base continues to process more than 10 million transactions per day, critics warn that deteriorating builder sentiment could push projects toward rival chains like Solana or Sui.
Top Stories
