Crypto funding: Membrane Labs lead a $59M week

Also, a new Google-enabled crypto wallet could sell to the general public

article-image

Gevorg Simonyan/Shutterstock modified by Blockworks

share

Seven crypto startups raised about $59 million this week.

Account Labs raised $7.7 million to build a self custodial, Polygon-based UniPass Wallet, which will reportedly be focused on peer-to-peer stablecoin transfers.

Also a boon for the upcoming wallet: it’s enabled by Google. Specifically, this means users can use existing Google logins to set up a new address. 

This is slightly similar to how Trust Wallet works — since, like UniPass, it uses Google login as a form of authentication — though Trust Wallet uses multi-party computation. UniPass won’t initially be available for iPhones, since the app Android-only at present.

Other notable fundraises

  • Untangled Finance, which deals in tokenized assets and other products, secured $13.5 million in a seed funding round.
  • RepubliK, a platform for Web3 creators to monetize their work, raised $6 million at a $75 million valuation from OKX Ventures and others.
  • NFT-based fantasy horse racing provider Game of Silks raised $5 million.
  • On-chain data analytics platform Parsec raised $4 million, with Galaxy Digital leading the round.

Updated Oct. 16, 2023 at 12:30 pm ET: Removed references of a Blockaid funding round.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research

article-image

Bitcoin needs a price, but its magic runs deeper

article-image

Circle had a pretty successful first day of trading, but what’s next for the stablecoin issuer?

article-image

Solana’s USDC caught a boost after being paired with the TRUMP memecoin

article-image

The stablecoin issuer’s successful first day of trading is likely to spur more crypto IPOs, industry watchers say

article-image

Job openings rallied and continuing claims stalled ahead of May’s employment report

article-image

A group of Twitch streamers battle for bitcoin. Will their chats help them?