Deal date

KANDO id: 757211

Financial Transaction:

Series A


dYdX Exchange


Currency
United States Dollar
Value in original currency
10,000,000
Value in USD
10,000,000

Lead investor

Country Notes

a16zcrypto

The blockchain-focused investment arm of Andreessen Horowitz.
United States Follow-on investment. Deal professionals: Christopher Dixon

Polychain Capital LLC

Hedge fund investing in cryptocurrencies.
United States Follow-on investment.

Round participants

Country Notes

Craft Ventures

Venture capital firm founded by former Yammer and Zenefits CEO David Sacks.
United States Initial investment.

Dragonfly Capital

Multi-stage venture capital firm focused on the software, fintech, cryptocurrency, and financial services sectors.
United States Initial investment.

Kindred Ventures

Seed-stage venture firm founded by Steve Jang.
United States Initial investment.

Vy Capital Holdings Ltd

British Virgin Islands Initial investment.

Elad Gil

Individual investor.
Follow-on investment.

Fred Ehrsam

Individual investor.
Initial investment.

Kevin Hartz

Individual investor.
Initial investment.

Naval Ravikant

Individual investor.
Initial investment.