Onboard Secures Funding to Drive Onchain Economy Expansion with Coinbase Ventures & LAVA

Monday, 16 September 2024, 11:08

Onboard secures funding from Coinbase Ventures and LAVA to propel onchain economy growth and drive global expansion. This strategic investment marks a significant shift for Onboard, transitioning from a digital money app to a comprehensive onchain platform. The funding will enhance financial tools and initiatives aimed at supporting independent creators and builders worldwide.
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Onboard Secures Funding to Drive Onchain Economy Expansion with Coinbase Ventures & LAVA

Onboard Secures Funding from Coinbase Ventures & LAVA

Lagos, Nigeria, September 16th, 2024, Chainwire - Onboard is thrilled to announce a major expansion and rebranding, backed by a successful capital raise from Coinbase Ventures and LAVA. This pivotal moment represents Onboard's transition from a digital money app and global P2P exchange to a holistic platform designed to empower onchain innovators.

Responding to Global Economic Challenges

The world faces pressing economic issues, including over 3.5 billion people living in poverty and skyrocketing inflation rates. Onboard believes that instead of fighting against outdated systems, we must leverage the transformative potential of the onchain economy.

Fostering the Onchain Ecosystem

  • Onboard's vision promotes inclusivity, enabling anyone to engage in the onchain economy with just $1.
  • Yele Bademosi, Co-Creator of Onboard, emphasizes the importance of supporting useful onchain applications and experiences.
  • The capital raised will be instrumental in developing new tools and community resources aimed at empowering creators.

Creating Economic Freedom

Onboard's commitment is to construct the ultimate financial platform that brings economic freedom to all. Shan Aggarwal from Coinbase Ventures highlights the partnership's role in making these benefits accessible globally.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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