Raises

PayPal Ventures

Total Investments18

Infrastructure4

CeFi3

Taxes2

Wallet1

Payments1

Centralized Exchange1

L11

NameRoundCategoryDescriptionLead InvestorChainsOther Investors
Stable22 Sep 2025L1Stable is a Layer 1 blockchain built for stablecoin-native apps, using USDT as its gas token. It enables zero-fee USDT transfers, supports smart contracts in stablecoins, and uses its USDT0 mechanism for cross-chain transfers without bridges. With gas-less transactions, built-in fiat on-ramps, and enterprise-grade throughput, Stable targets cross-border payments, treasury, FX, and institutional use casesPayPal Ventures
Finary18 Sep 2025$29.4mSeries AWalletFinary is an all-in-one wealth management platform that lets individuals track, manage, and optimize their investments across all asset classes — including stocks, crypto, real estate, startups, precious metals, and morePayPal Ventures
Y Combinator, Speedinvest, LocalGlobe
Mesh14 Aug 2025$9.5mPaymentsMesh is a startup developing a service that enables customers to easily transfer and manage digital assets, including cryptocurrencies, across various platforms
PayPal Ventures, Coinbase Ventures, Uphold, Mirana Ventures, SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures, Brilliance Ventures
TrueX20 May 2025$11mSeries ACentralized ExchangeTrueX is a non-custodial, stablecoin-native cryptocurrency exchangeAccomplice, PRE Ventures
Reciprocal Ventures, PayPal Ventures, Variant Fund
Chaos Labs15 Aug 2024$55mSeries AInfrastructureenhancing onchain economic security through innovative risk management solutionsHaun Ventures
Logo of Ethereum
Lightspeed Faction, F-Prime Capital, Wintermute Ventures, Galaxy, PayPal Ventures, Slow Ventures, The Spartan Group
Mesh29 Jan 2024$5mPrivateInfrastructurefinancial ecosystem that enables users to seamlessly move assets (crypto, equities, etc.) between their disparate financial accounts and walletsPayPal Ventures
Magic Labs31 May 2023$52mStrategic Infrastructurecrypto wallet infrastructure PayPal Ventures
Cherubic Ventures, Synchrony, Northzone, Volt Capital, Kx Technology Fund
Chaos Labs21 Feb 2023$20mSeedEconomic security and risk management platform for DeFi protocolsPayPal Ventures, Galaxy Digital
Uniswap Labs Ventures, Coinbase Ventures, Lightspeed Venture Partners, Bessemer Ventures, Balaji Srinivasan, Naval Ravikant
TRM Labs09 Nov 2022$70mSeries BTRM helps financial institutions, crypto businesses and federal agencies detect and investigate crypto-related financial crimes.Thoma Bravo
Goldman Sachs, PayPal Ventures, American Express Ventures, Citi Ventures
LayerZero31 Mar 2022$135mSeries A+InfrastructureMessage passing between blockchainsSequoia Capital, a16z$1b
PayPal Ventures, Tiger Global, Coinbase Ventures, Uniswap Labs Ventures
Anchorage Digital15 Dec 2021$350mSeries DCeFicrypto platform for institutionsKKR$3b
Goldman Sachs, Alameda Research, a16z, BlackRock, Blockchain Capital, Delta Blockchain Fund, PayPal Ventures, Kraken Ventures
TRM Labs17 Jun 2021$14mSeries ATRM helps financial institutions, crypto businesses and federal agencies detect and investigate crypto-related financial crimes.
Alumni Ventures, Bessemer Ventures, Blockchain Capital, Initialized Capital, Jump Capital, Operator Partners, PayPal Ventures, Salesforce Ventures, SGH CAPITAL, Tapas Capital, The MBA Fund, Y Combinator
Talos27 May 2021$40mSeries ATalos is an end-to-end crypto trading platform that provides digital asset trading technology for lenders, brokers, and investors.
a16z, Autonomous Partners, Castle Island Ventures, Elefund, Galaxy Digital, Illuminate Financial, Initialized Capital, Notation Capital, PayPal Ventures, Steadfast Capital
Paxos29 Apr 2021$300mSeries DCeFiCrypto PaymentsPayPal Ventures$2.4b
Mithril, Declaration Partners, Senator Investment Group, Liberty City Ventures, Westcap
TaxBit02 Mar 2021$100mSeries ATaxesCrypto tax softwareParadigm, Tiger Global Management
PayPal Ventures, Coinbase Ventures, Tyler and Cameron Winklevoss
TaxBit07 Jan 2021Series ATaxesCrypto tax softwarePayPal Ventures, Coinbase Ventures, Winklevoss Capital
Paxos17 Dec 2020$142mSeries CCeFiCrypto PaymentsPayPal Ventures
Mithril
TRM Labs19 Nov 2019$4.2mSeedTRM helps financial institutions, crypto businesses and federal agencies detect and investigate crypto-related financial crimes.
Blockchain Capital, Initialized Capital, PayPal Ventures, Seth Weinstein, SGH CAPITAL, Y Combinator