Fireblocks’ Post

✨ Exciting News! ✨ For those who have worked with me, you know my deep passion for the web3 space and my commitment to helping companies thrive in this dynamic ecosystem. Today, I'm thrilled to share that I’ve launched a new venture—Raqam.io! At Raqam, we’re dedicated to empowering web3 founders to scale effortlessly. I’ve seen firsthand the challenges that companies face in this space—whether it's attracting top talent, navigating organizational growth, or managing the complexities of crypto accounting. That’s why I’m bringing my experience to help founders focus on what they love: building products, achieving product-market fit, and driving business growth. We take care of everything else. From streamlining operations to managing tricky crypto transactions and dealing with banks that hesitate to work with web3—Raqam is here to make the journey smoother. Our vision is simple: let founders do what they do best, while we handle the rest. We’ll be there every step of the way, eliminating headaches and cheering you on as you reach your full potential! Stay tuned, and let’s build the future of web3 together! 🌐🚀

Our trusted partner Cryptio offering comprehensive back-office platform services for digital assets is continuing to lead in the industry and is now positioning itself to go beyond accounting automation. With SAB121 repealed and pro-crypto guidance and regulation progressing, it’s essential to Cryptio to remain at the forefront providing the back-office infrastructure for this new wave of crypto adoption. With a goal of improving financial integrity in crypto, this funding will position them to serve regulated enterprises with all the tools they need for their middle & back-office. These goals and efforts directly align with BPM's continued investments over the past decade in the digital asset industry to provide clients the Audit, Tax, and Advisory services they require. #blockchain #crypto #digital assets Ash Aggarwal Jeff Rundlet, CFA BPM LLP Daniel Figueredo Ryan Davis, CPA

Big news 🎉 Cryptio raised a $15M extension, bringing our Series A to $25M, led by Alven, with new investors 1kx, Ledger Cathay, BitGo Ventures & Charlie Songhurst, plus continued support from Point Nine, BlueYard Capital & Tim Draper. In 18 months, we’ve doubled our team, partnered with KPMG, and teamed up with Circle, Uniswap Labs & Gemini to tackle crypto’s toughest back-office challenges. With this new funding, we continue to deliver on our mission to improve #financial #integrity in crypto. And—we’re growing our engineering team to make it happen! 🚀👩💻👨💻

🔥 BREAKING NEWS! COLONY LAB’s Treasury Hits an Astonishing $70 Million+ Milestone! By including our $MOVE - Movement Labs pre-seed investment, this offers $CLY stakers a glimpse of their upcoming $MOVE airdrops, currently valued at $44 Million+. And yes, the longer you’ve been staking $CLY, the bigger your airdrop will be. If you haven’t started staking yet, today is THE perfect time to join and secure your share. Through the bear market, we’ve stayed heads down, building and shipping unique products such as: • Our Early-Stage platform (think Seed deals launchpad). • Our own DEX, featuring liquid vesting innovation for trading locked tokens. • A yield-bearing index focused on the Avalanche ecosystem ($CAI). • A Validator Program, distributing $AVAX to $CLY stakers every second, etc… And that’s not all. Colony’s team has been strategically seizing bear market opportunities, from acquiring 500,000+ $AVAX, to betting on bold teams like Movement Labs and their vision when few dared to invest during those tough times. We’ve been wearing the builder, accelerator, and VC hats since our launch.. and let’s be honest—it is not easy to juggle all these roles at once. From a $10M treasury at the bottom of the bear to a soaring $70M today, this milestone proves what patience, dedication, resilience, and a community-driven mission can achieve. And the best part? This is just the beginning. Join Colony today. The ticker is $CLY. 👉 https://lnkd.in/dVawcwsr #CLY #MOVE #seed #SeedInvestment #airdrop #CryptoInvesting #investment #bitcoin #DecentralizedFinance #DeFi #VC #venturecapital #web3 #innovation

Polymarket CEO, Shayne Coplan, refutes allegations of political bias made by The New York Times regarding the prediction platform. Coplan asserts that Polymarket, a Polygon-based betting service, serves as a neutral alternative data source amidst election-related excitement. In response to The New York Times' article labeling Polymarket as a "crypto-powered gambling" site engaged in partisan manipulation, Coplan clarified the platform's stance. Addressing rumors linking entrepreneur Peter Thiel and his Founders Fund to Polymarket's operations, Coplan debunked the notion of their significant influence. Despite a $45 million investment from Founders Fund, Coplan emphasized that neither Thiel nor his fund hold substantial stakes in the company. Read More 👉👉https://lnkd.in/d-Qwp3c9

We believe that regulated enterprises - #banks, #exchanges, #fintechs and #assetmanagers will onboard the next billion crypto users. With customers like Circle, Uniswap Labs and Gemini and 450 others, Cryptio has proved itself to be the uncontested financial integrity layer for regulated enterprises. We’re bringing trad-fi grade financial controls to the industry. #SAB121 is gone, pro-crypto administrations are emerging across the globe. This funding is going help us serve this next wave of adoption. Nothing can stop and idea and #team whose time has come. The time is #now.

I'm sorry to break it to you, but here's the harsh reality: You're being used as EXIT liquidity. - You buy in, full of hope, - And then the price dumps. Again and again. It's a pattern, isn't it? Frustrating. But, I'm not just here to point out the problem. I'm here to show you how to win. So listen up: 🟡Target projects like Pikamoon Game - no Venture Capital (VC) involvement means less risk of insider dumps. No more token unlocks coming, less selling pressure. ⚫️Follow Omerta Game - Set to have the fairest token launch of its caliber. Transparency is key. Unless you're an insider on meme coins, it's tough. Support transparent teams like Pikamoon and get involved with games like Omerta. Here's how to win: - Look for coins with consistent organic volume especially at low market caps. (Smart money moves quietly.) - Check for growing unique holders. - Engagement is everything. - Find projects with active, passionate communities. These drive momentum. I'm giving you the real blueprint to succeed. I don't want anything from you, but if you follow this advice, you won't just be another victim of the pump-and-dump cycle.

Finteum has been shortlisted for an award! 🚀  The SeedLegals startup awards recognise entrepreneurs and investors in the UK startup scene. Finteum has been shortlisted in the “Game Changer” category! We will find out later this year if we become a finalist (or if we win 🤞) Finteum is a "Game Changer" because we are transforming intraday liquidity management with our DLT-based platform, enabling real-time interbank transactions and supporting banks to achieve milestones such as the world's first intraday FX swap. #liquiditymanagement #fx #treasury #slawards

ZKX shutdown caught investors and market maker by surprise After the closure of the StarkNet-based ZKX protocol, investors and market maker criticized the management decisions of the project, accusing the management of secrecy. "When ZKX closed, we as investors received no warning. The team claimed they ran out of money, refused to provide any financial or spending data, and did not want to communicate with us," Ye Su, founding partner of venture capital firm ArkStream Capital, wrote. He said ZKX founder Edward Jubani Tour said in private correspondence that he was not obligated to provide expense information, and the funds being used now "are not from investors." In announcing the closure, the protocol's co-founder cited economic hardship and low community engagement. "[The project head] took money from early backers without any communication, showing no moral fiber and losing his right to future business in the industry," Su added. HashKey, as an investor, has also experienced a "lack of transparency and accountability" from ZKX in the context of financial disclosure, fund allocation and operational plans. Market maker and investor in the project, Amber Group, said it still holds about 3 million ZKX native tokens after paying back half of its initial loan of 2 million coins and purchasing another 2 million through MM operations. "Due to the lack of organic buying interest post-launch and our commitment to ongoing liquidity, we have been making net purchases of ZKX tokens since listing, even as prices have declined. This approach is consistent with our commitment to support projects and their communities by providing stable market conditions, even potentially at our expense," the Amber Group wrote. The company's representatives clarified that the ZKX team was no longer in contact with them after the closure was announced. The decision itself was also made without prior notice. Recall that in June, the Yield App platform ceased operations after "realizing" the losses incurred from the collapse of FTX.

Must Listen! Here is how the VC Ponzi works. with Nicholas Chirls @ 20VC by Harry Stebbings TLDR: Pretty simple - a no hurdle return incentivizes maximizing check size and AUM. Put a liqpref in to get a return of 1x even for distressed assets and still secure the next fund. My2Cents: This is even simpler for crypto VCs as you have pseudo liquidity and often 0-dilution from day one.