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

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

Big blockers wasted a bitcoin fortune trying to prove a point

article-image

Coinbase’s newest acquisition includes the CEO and Head of Research from Opyn

article-image

Crypto’s highest purpose might be to make markets better by making them bigger

article-image

The non-profit’s “Project Open” seeks to let stocks trade directly on Solana

article-image

The acquisition is Pump.fun’s first, and comes just days before its planned ICO

article-image

As Trump’s tariff war reignites, everyone is assuming the dollar will continue its path lower. But the journey might be bumpy