Crypto treasury management platform Coinshift announced it has raised $2.5 million in a seed round from Sequoia Capital India, Weekend Fund, and others, as well as angel investors such as Polygon Co-founder and COO Sandeep Nailwal.
Founded by blockchain entrepreneur Tarun Gupta, CoinShift helps businesses and decentralised autonomous organisations (DAO's) manage their crypto easily.
It claims it is a simple and powerful software that empowers users to collaborate and approve transactions, execute mass pay-outs where organisations can save up to 90 percent in gas fees, get smart reports, etc.