Onboard Secures Funding from Coinbase Ventures & LAVA to Drive Global Expansion and Unlock Onchain Economy Potential
Summary
Onboard is excited to announce a significant expansion and rebrand, coupled with a successful capital raise from Coinbase Ventures and LAVA.This expansion marks the evolution of Onboard from a digital money app and a global P2P exchange, to a comprehensive platform and ecosystem designed to empower onchain builders and creators globally.The world is facing unprecedented challenges, with over 3.5 billion people living below the poverty line, 75-90% currency devaluation, and rampant double to triple-digit inflation across various regions. Yele Bademosi, Co-Creator of Onboard.Onboard is dedicated to building the ultimate financial platform and support community for onchain dreamersthose independent builders and creators. We believe that by inviting the worlds best minds to join us, we can create exceptional onchain applications and experiences that will inspire and enable more people to embrace the possibilities of this new economy.The capital raised from Coinbase Ventures and LAVA will be pivotal in accelerating Onboards growth and expanding its offerings to meet the needs of the global onchain community. Onboards on and offramps enables safe, low-cost, and low-barrier entry to the onchain world, bringing the benefits of this new economy to people who need it most. Shan Aggarwal, Vice President, Corporate & Business Development, Coinbase Ventures.Onboard is building the ultimate financial platform and support community for onchain dreamersindependent builders and creators developing applications and experiences to bring the world onchain.