The Crypto Dreamer Gazette #6
Multis raises $7M with Sequoia Capital, introducing the "insights" tab, and news from Pickle Finance.
Hello friends of Multis,
Yesterday was a big day for us- we announced our $7M fundraise with Sequoia Capital. We’re thrilled and honored to join the ranks of legendary companies as well as some of our industry peers in web3. In the short months that Sequoia has been on our board, we’ve leveled up as a team. We can’t wait to show you what we’re building in the coming months, and introduce you to our newest crypto dreamers (we’ll be doing a lot of recruiting)!
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Product News: Insights on Multis 📉
We’ve now added an “Insights” section to Multis accounts. Our users were asking us for more visibility over their crypto and we delivered with the ability to track money/money out over time. Watch this space- we’ll be adding more features to the insights tab (and don’t hesitate to tell us what KPIs you’d like to track from your Multis account!)
Want to see your Insights tab in action? Simply log in to your account. Don’t have a Multis account yet?
Thoughts on our Fundraise ✨
“These are early days but I can tell you that working with Sequoia, and in particular Stephanie Zhan, has been invaluable for me as a leader. Our team is already feeling the effects of their expert guidance that has helped legendary companies like Stripe and our peers at FTX and Filecoin become leaders in their fields.” Read our CEO Thibaut’s thoughts on the fundraise and what we plan on using the capital for (hint: recruiting - if interested please apply!) on our blog.
Stories from our Users ❤️
Pickle Finance, the yield maximizer aggregator is proud to announce that Uniswap V3 strategies are live on Polygon. These strategies allow farmers to realize the higher fees that UniV3 provides while not having to worry about their position falling out of range due to smart contract automation via Chainlink Keepers. Read more about this exciting product here.
Crypto Ops Read of the Week: In good company
“It all started last year, with a cold email I sent to founder and CEO Thibaut Sahaghian…Thibaut wasn’t actively fundraising at the time, but I was fortunate enough to convince him otherwise so we could start working together.” So reads the article written by Sequoia Partner Stephanie Zhan about our collaboration. We’re thrilled to have Stephanie’s expertise in working with some of the most exciting companies in B2B and crypto as we grow our company.
While yesterday was a big day for us at Multis, it was a huge one at Sequoia. Even though the firm has been making over 20% of its investments in crypto companies, they decided to double down and launch at $500-600 million sub fund dedicated to liquid tokens and digital assets. As stated in their articled titled “A block step forward”: '“Our goal with this fund is to participate more actively in protocols, better support token-only projects, and learn by doing ourselves.” It’s amazing to have investors who not only get you but have skin in the game. You can read on here or check out the informative thread from Sequoia’s Shaun Maguire below.
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