Crypto social media firm Merkle, founded by ex-Coinbase execs, nears $1B valuation in funding round led by Paradigm.
Crypto social media firm Merkle, founded by two former Coinbase execs, is on the brink of a $1B valuation in a funding round led by crypto investment firm Paradigm. Merkle's software supports Farcaster, a decentralized social media network. The company's flagship app, Warpcast, is built on Farcaster's decentralized network. Merkle confirmed the funding round but declined to comment on the valuation.
March 30, 2024
3 Articles