Crypto funding: Membrane Labs lead a $59M week

Also, a new Google-enabled crypto wallet could sell to the general public

article-image

Gevorg Simonyan/Shutterstock modified by Blockworks

share

Seven crypto startups raised about $59 million this week.

Account Labs raised $7.7 million to build a self custodial, Polygon-based UniPass Wallet, which will reportedly be focused on peer-to-peer stablecoin transfers.

Also a boon for the upcoming wallet: it’s enabled by Google. Specifically, this means users can use existing Google logins to set up a new address. 

This is slightly similar to how Trust Wallet works — since, like UniPass, it uses Google login as a form of authentication — though Trust Wallet uses multi-party computation. UniPass won’t initially be available for iPhones, since the app Android-only at present.

Other notable fundraises

  • Untangled Finance, which deals in tokenized assets and other products, secured $13.5 million in a seed funding round.
  • RepubliK, a platform for Web3 creators to monetize their work, raised $6 million at a $75 million valuation from OKX Ventures and others.
  • NFT-based fantasy horse racing provider Game of Silks raised $5 million.
  • On-chain data analytics platform Parsec raised $4 million, with Galaxy Digital leading the round.

Updated Oct. 16, 2023 at 12:30 pm ET: Removed references of a Blockaid funding round.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.png

Research

Content Delivery Networks (CDNs) represent low-hanging fruit in a massive market ripe for Web3-driven disruption. The global CDN market was valued at ~$28B in 2024, and is projected to surpass $140B by 2034, (18.75% CAGR) underscoring the immense demand for efficient content delivery.

article-image

TAPEDRIVE says it can make Solana data storage 1,400x cheaper

article-image

Immigration changes are papering over a fragile labor market

article-image

BlueYard’s head of crypto research developed FreePay to make fee-free, tap-to-pay crypto payments a reality

article-image

Buzzwords include: succinct universal proofs, zkVM, incrementally verifiable computation, distributed supercomputer and agentic AI

article-image

US dollars might technically be worth less, but it’s still good news

article-image

Apps are doing well, as is casino gaming, says Tom Schmidt of Dragonfly