Beluga – a trusted crypto platform that onboards and guides new users through their crypto journey – recently announced a $4 million seed round from some of the most well-known crypto and FinTech investors. Fin Capital led this round with participation from Anagram, UDHC, Dispersion Capital, Aptos Labs, 2 Punks Capital, Borderless Capital, Kyber Capital, 186 Ventures, W11 Capital, Rubik Ventures, etc.
The cryptocurrency ecosystem is fast-paced with new products launching every day. But users have few options to navigate this dynamic landscape. And Beluga’s platform helps cut through that noise and guide users to the right products across DeFi, NFTs, web3 games, staking, financial products and more.
The notable angel investors in this round include Charlie Lee, Founder of Litecoin; Mike Lempres, Former Chief Risk and Legal Officer of Coinbase; Brandon Gath, Head of Kraken Ventures; Akash Garg, Former CTO of MoonPay; Salil Pitroda, Former Blockchain.com Board Observer; Howard Lindzon, Co-Founder of Stocktwits; and Jim Robinson, Co-Founder of RRE Ventures.
In the coming months, Beluga is planning to launch more tools to help onboard new users and help them find and use the best crypto products. The management team consists of Silicon Valley and crypto veterans from Robinhood Crypto, dYdX, CoinDesk, Coupa Software and more.
KEY QUOTES:
“71% of men and 80% of women in the U.S. say they lack confidence in crypto, according to Pew Research. Beluga aims to change that by giving people a new suite of crypto tools to help guide them on their crypto journey.”
“Despite crypto winter, crypto is still preferred over stocks and mutual funds by many of the younger generation and millennials. But crypto is fast-moving and complex – people aren’t just investing, they’re also staking, swapping with DeFi, trading NFTs, playing web3 games, etc. We want to make it easy for everybody to come to Beluga to learn, find and use the right crypto products.”
— Sonny Singh, Co-founder of Beluga and the Former Chief Commercial Officer of BitPay
“Beluga is helping to provide much-needed trust and transparency for the digital assets industry. We are excited to support the Beluga team as they build a trusted place for users, both institutional and retail, to access accurate information on cryptocurrencies and the broader digital assets ecosystem.”
— Logan Allin, Founder and Managing Partner at Fin Capital
“Most of the products in crypto are built for the power user. Beluga is a product built for the everyday crypto user.”
— Lily Liu, Co-Founder of Anagram
