The United States accounted for 64% of Coinbase Venture's 356 portfolio companies.
Coinbase Ventures (CBV), the investment arm of the cryptocurrency exchange, Coinbase, recorded a 34% decrease in its total deal count in the second quarter of 2022.
The total deal count dropped from 71 deals in the first quarter of this year to 47 deals at the end of June.
However, despite the dip, CBV said its posting in the just-ended quarter represents a 68% year-on-year (YoY) increase.
Coinbase Ventures disclosed these figures on Thursday in a blog post entitled ‘Coinbase Ventures Q2 Investment memo’.
According to Coinbase Ventures, which invests in early-stage cryptocurrency and blockchain startups, the YoY increase in its activities 'reflects the steady growth' of its venture practice over the past year.
Additionally, CBV noted that despite the quarterly dip, it continues to rank among the most active investors in the cryptocurrency industry.
Source: Coinbase Ventures
Coinbase Ventures explained: “The decline largely reflected the overall market conditions. With volatility in the markets, we saw many founders rethink or put their rounds on pause, particularly at the later stages.
“We’re seeing that many companies are foregoing a fundraise unless absolutely necessary, and even then, only if they feel confident that they can show the growth needed to justify a new round.”
Coinbase Ventures disclosed that the largest number of founding teams that it had invested in in the second quarter were from the United States.
It said the North American country accounted for 64% of the 356 companies in its portfolio.
However, it emphasized that Singapore, the United Kingdom, Germany and India are all growing innovation hubs.
Moreover, the research arm of Coinbase observed the continued momentum from developers in terms of building on Solana.
It noted that various large funds have openly stated support for Solana, adding that the blockchain’s 'staying power is real'.
“While Ethereum and the Ethereum Virtual Machine remain king as far as developer traction and compatible apps [are concerned], we’re noting a clear trend in early teams placing importance on Solana,” Coinbase Ventures said.
CBV and Web3
According to data from Coinbase Ventures, the Coinbase research arm invested the most in Web3 protocol and infrastructure (38%).
Investments in ventures centered on platform and developer tools (21%), non-fungible tokens/metaverse (17%) decentralized finance (15%) and international centralized finance (9%) also took portions in Coinbase Venture's investment chart in the second quarter.
Source: Coinbase Ventures
Coinbase Ventures in the blog post stated that it believes that third-generation web (Web3) gaming will champion the next massive wave of cryptocurrency users.
“Web3 gaming remained a sector of heavy investment in Q2, with The Block estimating that $2.6B+ was raised. Our activity over the last few quarters only strengthens our conviction,” the venture outlet explained.
Furthermore, Coinbase Ventures believes that experienced founders from Web2 gaming will continue to pour into the space.
It noted that while it will take some time for the sector to mature, “it’s growing increasingly clear that blockchain gaming will be a massive category in the future.”
“Expect an increased focus on sustainable economics and gameplay that infuses NFTs with more familiar Web2 gaming experiences,” Coinbase Ventures said.
Beyond Web2
Outside of gaming, CBV noted that it expects the next generation of Web3 user applications to free users from the restrains of the Web2 models.
Web3 user application will achieve this by giving users control over their audiences and communities, the Coinbase research extension explained.
“All told, we remain excited about Web3’s potential to reimagine entrenched Web2 models for social media, music, and more and ultimately return power to creators,” Coinbase Ventures said.
Coinbase Ventures (CBV), the investment arm of the cryptocurrency exchange, Coinbase, recorded a 34% decrease in its total deal count in the second quarter of 2022.
The total deal count dropped from 71 deals in the first quarter of this year to 47 deals at the end of June.
However, despite the dip, CBV said its posting in the just-ended quarter represents a 68% year-on-year (YoY) increase.
Coinbase Ventures disclosed these figures on Thursday in a blog post entitled ‘Coinbase Ventures Q2 Investment memo’.
According to Coinbase Ventures, which invests in early-stage cryptocurrency and blockchain startups, the YoY increase in its activities 'reflects the steady growth' of its venture practice over the past year.
Additionally, CBV noted that despite the quarterly dip, it continues to rank among the most active investors in the cryptocurrency industry.
Source: Coinbase Ventures
Coinbase Ventures explained: “The decline largely reflected the overall market conditions. With volatility in the markets, we saw many founders rethink or put their rounds on pause, particularly at the later stages.
“We’re seeing that many companies are foregoing a fundraise unless absolutely necessary, and even then, only if they feel confident that they can show the growth needed to justify a new round.”
Coinbase Ventures disclosed that the largest number of founding teams that it had invested in in the second quarter were from the United States.
It said the North American country accounted for 64% of the 356 companies in its portfolio.
However, it emphasized that Singapore, the United Kingdom, Germany and India are all growing innovation hubs.
Moreover, the research arm of Coinbase observed the continued momentum from developers in terms of building on Solana.
It noted that various large funds have openly stated support for Solana, adding that the blockchain’s 'staying power is real'.
“While Ethereum and the Ethereum Virtual Machine remain king as far as developer traction and compatible apps [are concerned], we’re noting a clear trend in early teams placing importance on Solana,” Coinbase Ventures said.
CBV and Web3
According to data from Coinbase Ventures, the Coinbase research arm invested the most in Web3 protocol and infrastructure (38%).
Investments in ventures centered on platform and developer tools (21%), non-fungible tokens/metaverse (17%) decentralized finance (15%) and international centralized finance (9%) also took portions in Coinbase Venture's investment chart in the second quarter.
Source: Coinbase Ventures
Coinbase Ventures in the blog post stated that it believes that third-generation web (Web3) gaming will champion the next massive wave of cryptocurrency users.
“Web3 gaming remained a sector of heavy investment in Q2, with The Block estimating that $2.6B+ was raised. Our activity over the last few quarters only strengthens our conviction,” the venture outlet explained.
Furthermore, Coinbase Ventures believes that experienced founders from Web2 gaming will continue to pour into the space.
It noted that while it will take some time for the sector to mature, “it’s growing increasingly clear that blockchain gaming will be a massive category in the future.”
“Expect an increased focus on sustainable economics and gameplay that infuses NFTs with more familiar Web2 gaming experiences,” Coinbase Ventures said.
Beyond Web2
Outside of gaming, CBV noted that it expects the next generation of Web3 user applications to free users from the restrains of the Web2 models.
Web3 user application will achieve this by giving users control over their audiences and communities, the Coinbase research extension explained.
“All told, we remain excited about Web3’s potential to reimagine entrenched Web2 models for social media, music, and more and ultimately return power to creators,” Coinbase Ventures said.
Solomon Oladipupo is a journalist and editor from Nigeria that covers the tech, FX, fintech and cryptocurrency industries. He is a former assistant editor at AgroNigeria Magazine where he covered the agribusiness industry. Solomon holds a first-class degree in Journalism & Mass Communication from the University of Lagos where he graduated top of his class.
Kraken’s 2025 Revenue Soared to $2.2 Billion as It Prepares for an IPO
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
