Shopify Ventures’ Post

Today we announce the launch of our newest product: the AnchorZero Roth IRA for pre-TGE digital assets. At AnchorZero we’ve always been committed to bringing founders the best. Our first product gave founders the opportunity to put startup equity into a Roth IRA. This latest product offers the same opportunity to crypto founders with digital assets. How it works: The key to the strategy is to get early-stage tokens into the Roth IRA, when the tokens have a low cost-basis. It’s best to get in touch as early as possible. What does the AnchorZero Roth IRA support? The AnchorZero Roth IRA supports token warrants, TGE tokens, publicly launched tokens, as well as onchain operations like staking and governance. To see a case study on how this works, see here: ⇒ https://bit.ly/40c4yYl Curious to see how this could play out for your specific situation? Use our calculator to find out your wealth's potential in 20 years: ⇒ https://bit.ly/3DVn1AY Want to stay in touch? Sign up here: ⇒ https://lnkd.in/gTBaJEMG 

We’re excited to share that AnchorZero, a Galaxy Ventures portfolio company, has launched the first-ever Roth IRA for digital assets. For the first time, pre-launch tokens can be included in a Roth IRA if they meet IRS and custodian requirements, allowing any qualified growth to be withdrawn tax-free in retirement on token launches. AnchorZero’s innovative solution is designed to help founders and token holders optimize their crypto tax strategies.  Learn more ⤵️

We are thrilled to give a major shoutout to our client, Picnic! For those new to Picnic, they simplify the DeFi user experience by offering cross-chain transactions with optimized routes for competitive pricing. Picnic uses Magic wallets to authorize transactions on behalf of users, an approach known as account abstraction (ERC-4337). This enables users to pay gas fees with any supported token, getting an improved user experience that doesn’t sacrifice security. Their platform has expanded to support a total of eight blockchains – Ethereum, Polygon, Binance Smart Chain, Avalanche, Arbitrum, Optimism, Base, and Gnosis. Based in Brazil, this integration enables users to transfer fiat (Brazilian Real) directly via instant payments system Pix to trade over 4,000 cryptocurrencies. Key features include: ♦ Cross-Chain Transactions: Users can conduct transactions across different blockchains with optimized routes and competitive pricing. The platform uses bridging and swapping protocols like deBridge and LI.FI to ensure the most efficient and cost-effective transaction paths. ♦ Gas Fee Payment Flexibility: Picnic uses the ERC-4337 account abstraction standard, allowing users to pay gas fees with any supported token in their wallet, streamlining the user experience substantially. ♦ Security and Token Listing Criteria: The platform lists tokens that meet strict liquidity and market presence criteria, ensuring a safe trading environment. Tokens must be listed on CoinGecko and decentralized exchanges like Uniswap and ShapeShift. ♦ Future Integrations and Expansions: Picnic plans to integrate native Bitcoin transactions and expand its services to Europe. Their goal is to offer competitive pricing for transactions in Euros and other fiat currencies.

DomainFi infrastructure company, D3 Global has secured $25 million in Series A funding led by Paradigm to develop #blockchain-based infrastructure for tokenizing domain names as digital assets. The investment also saw participation from Coinbase Ventures, Polygon Labs co-founder Sandeep Nailwal, HubSpot founder Dharmesh Shah, and Namecheap, Inc CEO Richard Kirkendall. The company is launching the Doma Protocol, which integrates traditional domains with #Web3, enabling fractional ownership, lending, and identity solutions. Read more: https://lnkd.in/dHTSiCfp

Three years ago, he was starting from scratch. Now, his startup is joining forces with one of the biggest names in crypto. TKS alumni Alexander Wu recently closed an acquihire deal between Utopia Labs and Coinbase. Utopia Labs set out to build a stablecoin-powered bank complete with instant payments, low fees, and global USD access. After raising $23M in Series A funding back in 2022, it was clear his vision would be a success. Now, Alex and the rest of the Utopia Labs team are joining Coinbase to accelerate their plans. This won’t be Alex’s last big idea, we can’t wait to see what he builds next. 🚀 See the announcement from CoinBase 🔗 https://lnkd.in/eFKRZia9 Learn more about the success of Utopia Labs 🔗 https://lnkd.in/e9UPhmvn

🚀 It’s Wednesday – time to learn from success stories! Today, let’s spotlight Lista DAO, a DeFi project demonstrating the power of Community, Marketing, and Funding to drive remarkable growth. Here’s how they’re doing it: 1️⃣ Value Lista DAO has built trust and engagement through innovative DeFi solutions. By May 2024, they reached an impressive $467M in Total Value Locked (TVL): $300M in collateral $166M in liquid staking assets 2️⃣ Marketing Their Megadrop initiative in partnership with Binance Labs was a breakthrough. Allocating 100M LISTA tokens (10% of total supply) to the program significantly boosted their visibility within the DeFi ecosystem. 3️⃣ Funding In August 2023, Binance Labs invested $10M into Lista DAO. This funding accelerated their growth as a liquidity staking platform and enabled expansion into new networks. 💡 What’s the takeaway? This is the power of leveraging community-driven strategies, effective marketing, and strategic funding—all backed by on-chain data insights. Curious about exploring more success stories like this? app.web3m.io #DeFi #CryptoCommunity #Web3Insights #Growth

📣 Lingo will conduct initial listing on multiple exchanges today The $LINGO trading will go live on Lingo's native platform, as well as major exchanges including KuCoin Exchange, Gate.io, MEXC, BitMart, and Uniswap Labs today, December 12, at 3 PM UTC. The project also teased the prospect of larger exchange partnerships in the near future. #Lingo is a #SocialFi platform that combines social networking features with decentralized finance (#DeFi) services, allowing users to interact, share content, and participate in financial activities within a single ecosystem. Backed by GBV, Morningstar Ventures, Maven Capital, Skynet Trading and Google for Startups. 👉 https://lnkd.in/dpG7E_rs

Satori: Early Access to DeFi's Future? Satori recently raised $10 million from well-known investors like Coinbase Ventures and Polychain! Using cutting-edge technology like Polygon zkEVM, zkSync, and Scroll, this ground-breaking DEX (decentralized exchange) is designed for speed and security. Check out for more details on our latest article.