New Crypto VC Firm Raises $5.5M in Credibly Neutral Funding

The founders of Ethereum, Polygon, and Solana provided the first money for the startup.

The new Bitcoin venture capital firm Credibly Neutral has raised $5.5 million. Solana, Polygon blockchain creators, Joe Lubin (Ethereum, ConsenSys), and his investment business are among these backers. The headquarters of Credibly Neutral is in the Big Apple. Viktor Bunin, who now serves as the head of the protocol operations team, is the company’s founder. Coinbase Cloud, and Lisa Cuesta Bunin, the COO of an Ethereum privacy startup called Aztec Protocol.

Read the Article: CFO Leaves Crypto Conglomerate Pays Back $350 Million Loan

Brooklyn’s New York City neighborhood is home to the investment firm Credibly Neutral. The fund typically allots between $200,000 and $500,000 to crypto-related infrastructure and SaaS ventures. Layer 1 and 2 blockchains, decentralized finance (DeFi) protocols, developer tools, security software, analytics software, and infrastructure comprise blockchain technology. Converting fiat money into and out of cryptocurrencies is an example of blockchain technology that provides prospects for investment.

According to an article by Lisa Cuesta Bunin published on CoinDesk,

credible neutrality can be defined as transparent systems that create an equal playing field for all participants.

Regarding funding,

we are committed to investing in teams and communities developing protocols, tools, and products that promote open access and innovation.


Read the Article: Coinbase Launches International Crypto Derivatives Market

an Ethereum-centric company was one of the investors involved in the round. Author Anthony Sassano of Daily Gwei, “proof of attendance” protocol creator Patricio Worthalter, former Coinbase chief product officer Surojit Chatterjee, Bison Trails blockchain infrastructure creators Joe Lallouz and Aaron Henshaw, Solana’s co-founders Anatoly Yakovenko and Raj Gokal, and staking’s chief executive officer Mara Schmidt.

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