Crypto VC funding: Dragonfly Capital backs Codex in $16m round Several startups at the intersection of AI, blockchain, and fintech announced funding rounds this week. Codex raised $15.8 million in a seed round led by Dragonfly Capital. But there's more
Top 7 notable rounds of this week @codex_pbc - $15.8M @Ultra_io - $12M @The9NCTY - $8.0M @ambient_xyz - $7.2M @CambrianNetwork - $5.9M @MahojinAI - $5.0M @P2Pdotme - $2.0M 👉 https://t.co/aRpRlsM4pB https://t.co/U3d8Rhpj2l
Stablecoin-native L1 @codex_pbc raised $15.80M in a Seed funding round led by @dragonfly_xyz, with participation from @cbventures, @wintermute_t, @SeliniCapital, @CumberlandSays, @circle_ventures. https://t.co/61UvBFHwJT https://t.co/lCiMp3iwsr
Codex, a startup focused on developing an enterprise-level blockchain for stablecoins, has successfully raised $15.8 million in a seed funding round led by Dragonfly Capital. The funding round also saw participation from notable investors including Coinbase Ventures, Circle Ventures, Wintermute, Selini Capital, and Cumberland. This investment is part of a broader trend in the cryptocurrency sector, where several startups at the intersection of AI, blockchain, and fintech are securing significant funding. Codex's funding round is among the top reported this week, highlighting the ongoing interest in blockchain technology and stablecoin solutions.