ryan selkis – RE3W.IO

Juno Has Raised $18M In Series A Funding Round Led By ParaFi Capital’s Growth Fund

admin — Mon, 03 Oct 2022 19:14:12 +0000

Crypto digital banking firm Juno has raised $18 million in a Series A funding round led by ParaFi Capital’s Growth Fund. The new capital will be used to expand products and operations, and launch its first tokenized loyalty program.

The round saw additional participation from the following individuals Coinbase (Surojit Chatterjee), Messari (Ryan Selkis), Polygon (Sandeep Nailwal), and a16z (Sriram Krishnan).

Juno is a digital banking platform that encourages users to spend crypto on their everyday transactions. Its flagship product is the Juno card, where users can transact with Circle’s stablecoin $USDC.

As part of the fundraising, Juno is introducing a loyalty token, Juno coin ($JCOIN), which will only be distributed to verified account holders. The loyalty program will be similar to traditional credit card rewards points. Juno members can earn $JCOIN for taking their paychecks in crypto, or spending crypto with their Juno debit card.

Messari Plans on Raising $35 Million At $300 Million Valuation

admin — Fri, 12 Aug 2022 05:34:21 +0000

New York City-based crypto intelligence platform Messari is planning to raise $35 million dollars at a $300 million dollar valuation after the recent acquisition of Dove Metrics.

Messari raised $21 million in seed round back in August 2021. The round led by hedge fund billionaire Steve Cohen’s Point72 Ventures. The round was raised at a post-money valuation of $100 million, according to a report.

Messari founder and CEO Ryan Selkis stated: “We’ve scaled to 130 people on zero net-operating burn, had a record July, and are hiring $35 million worth of developers to help bring transparency and an institutional-grade data tool to the crypto market”.

Last week, the firm acquired crypto fundraising data provider Dove Metrics for an undisclosed amount. RE3W and GFPs covered this in a previous news post.

Dove Metrics tracks crypto-funding rounds and the investments of venture capital firms, hedge funds, and investment decentralized autonomous organizations (DAOs). The company was founded by Regan Bozman and Pierre Chuzeville, who also led the early-stage crypto VC fund Lattice.

Ryan Selkis said the acquisition of Dove Metrics will hopefully “enable Messari to offer new datasets and tools that further allow our users to stay on top of industry trends and monitor, in real-time, the top projects and technologies that investors are backing”.

Messari Acquires Dove Metrics In Announcement On Twitter

admin — Thu, 04 Aug 2022 23:28:39 +0000

CEO Ryan Selkis of Messari just announced on Twitter that the company has bought the assets and business of Dove Metrics. As part of the acquisition, Messari has already integrated the Dove Metrics dashboard into its client platform, with plans for further development in the future.