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Blockchain data startup Coherent, founded by former Coinbase employee Carl Cortright, has raised $4.5 million in a seed funding round. Blok writes about it. Funding was provided by
Blockchain data startup Coherent, founded by former Coinbase employee Carl Cortright, has raised $4.5 million in a seed funding round. Blok writes about it.
Funding was provided by Kindred Ventures, Matchstick Ventures and Foundry Group. Other contributors include Coinbase Ventures, Alchemy, Chapter One, and Dan Romero, one of the first employees of the American bitcoin exchange.
Courtright founded Coherent in April 2022 after spending four years at Coinbase. He served as a senior software engineer at the company and was a member of the venture division.
According to him, he is working on Consistent APIThis allows developers to build apps and introduce new features using their data. According to Cortright, the firm focuses on three types of information:
The head of the initiative stated that the platform will attract the next billion users to the cryptocurrency industry. The five-person team plans to launch the vehicle in September.
Recall that between April and June, venture investments in crypto startups decreased by 31% compared to the first quarter to $ 6.76 billion.
Analysts cited Terra’s collapse, serious problems at Celsius and Babel Finance, and staff cuts at Coinbase, Gemini, and Crypto.com.
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I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
