Decrypt, a Wyoming-based media company focused on crypto and the decentralized web, and production arm Decrypt Studios, a Web3 studio specializing in metaverse activations, spunout from ConsenSys Mesh, the blockchain accelerator and incubator, after raising $10M in funding on a $50M post-money valuation.
Backers included:
Venture Firms
Canvas Ventures
Hack.vc
Hashkey Capital
IOSG Group Limited
SKH Group
XBTO Humla Ventures
DAOs
Global Coin Research DAO
Honey DAO
Orange DAO
Own.fund
Strategic Partners
ConsenSys Inc.
Mask.io
Nexo Inc.
Protocol Labs
Angel Investors and Syndicates
Alex Bamberger
Audrey LLC
Don Ho
Jordan Garbis
Richard Dai
Steven Fingerhood
Terry McDonell
William Mougayar
Decrypt plans to invest in further editorial growth and live video efforts at Decrypt Media, and will continue to build out Decrypt Studios.
Co-founded by magazine veteran Josh Quittner (Time Inc.), Ilan Hazan, and Ryan Bubinski inside the ConsenSys Mesh incubator program, Decrypt is a site dedicated to helping people understand the decentralized web. In 2021, the publication brought on Dan Roberts (Yahoo Finance, Fortune) as Editor-in-Chief, Jeff John Roberts (Fortune) as Executive Editor, and journalists from ABC News and The Street. Veteran media and technology executive Alanna Roazzi-Laforet (Condé Nast, IAB), who joined as Publisher and Chief Revenue Officer, launched the company’s production arm Decrypt Studios, a Web3 studio that partners with brands and creators to curate NFT and metaverse activations.
FinSMEs
04/05/2022