Fintech startup Seashell has raised $6 million in seed investments from some of crypto’s biggest venture funds and project founders as it seeks to build out an inflation-resistant finance app — a timely initiative as consumers struggle with the pressures of rising costs.
The investment round was co-led by Khosla Ventures and Kindred Ventures, with additional participation from Robinhood (NASDAQ:HOOD) co-founder Vlad Tenev, billionaire investor Mark Cuban, former U.S. Commodity Futures Trading Commission Chair J. Christopher Giancarlo and Coinbase (NASDAQ:COIN) Ventures. The founders of crypto-focused projects Terra, Polygon, Avalanche and Solana were also among the investors.