Web3 financial platform Integral announces strategic investment from Coinbase Ventures

ChainCatcher news, the Web3 enterprise finance platform Integral announced a strategic investment from Coinbase Ventures and a partnership with Coinbase. Integral will provide accounting solutions for Coinbase Prime clients, covering assets held both internally and externally by Coinbase.

Integral plans to use the funds to provide Prime clients with data covering all their assets and to develop complementary solutions, such as accounts receivable and accounts payable automation, to further facilitate Web3 business operations.

According to the crypto data platform RootData, Integral announced the completion of a $8.5 million funding round last September, led by Electric Capital, with participation from former Coinbase CTO Balaji Srinivasan, Color Genomics co-founder Elad Gil, Hustle Fund, Mantis, Maple VC, Anchorage founder Diogo Monica, and Dapper Labs founder Roham Gharegozlou.