Social Media Startup by Ex-Coinbase Execs Nears $1B Valuation

Merkle is finalizing a funding round that would value the firm around $1 billion. Merkle was co-founded by Dan Romero and Varun Srinivasan, two former executives at Coinbase. In July 2022, Merkle secured a $30 million investment in a funding round led by a16z Crypto. Merkle Manufactory, the brainchild of two former Coinbase executives, is...

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