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Multisafe is now Coinshift
Announcing our $2.5 Million Fundraising, Rebranding, and our future plans.
Since our official launch as Coinshift (Formerly Multisafe) in June this year, more than 130 gnosis safe accounts onboarded with $200M in treasury assets. We have processed more than $14M in payouts to 302 payees from organizations including Uniswap Grants, Consensys, Balancer Grants, Perpetual Grants, Biconomy, Chainsafe, Idle finance, and various others.
Now we’re excited to share with you our big announcement -
$2.5 Million in Seed funding
MultiSafe has rebranded to Coinshift
Our seed round investors include - Sequoia Capital India, Ryan Hoover (Founder of Product Hunt & Weekend Fund), Ethereal Ventures, Longhash Ventures, Fintech Collective, Consensys Mesh, Defi Alliance, Volt Capital, Gnosis, Protocol Labs, BR capital & stellar angels who have supported since the beginning of our journey.
Fernando Martinelli — Co-Founder & CEO, Balancer Labs
Kenneth Ng — Ethereum Foundation & UGP Lead
Sandeep Nailwal — Co-Founder & COO, Polygon
Ajit Tripathi — Head of Institutional Business, Aave
Larry Sukernik — Previously, Investments at Digital Currency Group.
Scott Moore — Co-Founder, Gitcoin
Bored Elon Musk — MetaMars
Harsh (EPNS), Aniket (Biconomy), Sachin (Biconomy), Ahmed (Biconomy), Arjun Kalsy (Polygon), Charlie Songhurst (Previously, Head of Corporate Strategy, Microsoft), Siddharth Jain (Defi Dollar), Pranav (Woodstock), Siddhanth Jayaram (Kalaari Capital)
Read more about our Journey as Coinshift (formally Multisafe).
The foundation is based on solving 3 important aspects of a treasury management solution -
Cash Management — Treasury Spending, Accounting, Reporting & Forecasting
Financing — Lending Treasury assets to earn yield & Debt management.
Risk Management — Assessing Treasury assets allocation risk, money markets risk, Hedging against a market crash, along with Insurance.
Our upcoming Product Feature in the coming weeks -
Asset management with a built-in Risk assessment framework that will allow more sensible treasury management decisions for Companies & DAOs.
We’re super pumped about it and will be publishing more details about it very soon. Stay Tuned!
Meet All our amazing Team members
Coinshift is Smart Treasury management for companies & DAOs - built using Gnosis Safe, IPFS & Filecoin.
Stay connected. Stay Awesome 🤘