Sukanshi | Coinshift
Nov 24, 2022 9:41:12 PM
We proudly announce that MultiSafe has rebranded to Coinshift and raised $2.5M in Seed funding to build the most sophisticated crypto treasury management platform for Companies & DAOs. This new investment will help us expand our stellar technical and non-technical team while further developing our product suite.
Our seed round investors include Sequoia Capital India, Ryan Hoover (Founder of Product Hunt & Weekend Fund), Ethereal Ventures, Longhash Ventures, Fintech Collective, Consensys Mesh, Defi Alliance, Volt Capital, Gnosis, Protocol Labs, BR capital & stellar angels who have supported since the beginning of our journey.
Since we publicly launched CoinShift (Formally MultiSafe) in June this year, more than 130 gnosis-safe accounts have been onboarded with $200M in treasury assets. We have processed more than $14M in payouts to 302 payees from organizations, including Uniswap Grants, Consensys, Balancer Grants, Perpetual Grants, Biconomy, Chainsafe, Idle finance, and various others.
Our mission is to build the most sophisticated crypto treasury management platform for companies & DAOs. We aim to provide complete data transparency to DAOs by building a shared treasury data infrastructure on top of IPFS & Filecoin.
We envision solving 3 important aspects of a treasury management solution:
We are super pumped to launch our upcoming product feature, i.e. Asset management with a built-in Risk assessment framework allowing more sensible treasury management decisions for Companies & DAOs in the coming months. We will be publishing more details about it very soon. Stay Tuned!
We are constantly looking for launch partners and protocol integration partners for the upcoming Asset Management Release.
If you are a Company/DAO looking to diversify your treasury assets and OR asset management & payouts protocol. Reach out to us on our Discord channel.
We are a small team of 6 individuals who are super passionate about building this for the community.