August 29, 2024
Time.fun, a crypto startup that tokenizes people’s time, has secured $3 million in seed funding, led by Brevan Howard Digital. Other investors include Coinbase Ventures, Breed VC, Zee Prime Capital, and Arthur Hayes’ family office, Maelstrom. Angel investors such as Solana co-founders Anatoly Yakovenko and Raj Gokal, Helius co-founder Mert Mumtaz, and Santiago Santos also participated.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
$3M | August 29, 2024 | Seed Round | Brevan Howard Digital | Tokenization |
The company began raising funds in June when it launched and closed the round earlier this month. The funding round was structured as a simple agreement for future equity (SAFE) with token warrants, according to its pseudonymous founder 0xKawz, who declined to comment on the valuation.
About Time.fun
Time.fun is a platform where you can buy and trade tokenized time from your favorite creators. Essentially, it allows you to invest in and trade the time of people you admire, making it a unique way to support and engage with them.
Website: https://time.fun/
About Investor
Investor: Brevan Howard Digital
Brevan Howard Digital, launched in September 2021, is the crypto and digital asset division of Brevan Howard. It provides institutional investors with access to a wide range of opportunities in the digital asset space, leveraging blockchain technology’s innovation and structural disruption. The division operates globally, ensuring 24/7 trading, risk, and operational support.
Location: Austin, Texas
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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