USA – 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 FirmsCanvas VenturesHack.vcHashkey CapitalIOSG Group LimitedSKH GroupXBTO Humla VenturesDAOsGlobal Coin Research DAOHoney DAOOrange DAOOwn.fundStrategic PartnersConsenSys Inc.Mask.ioNexo Inc.Protocol LabsAngel Investors and SyndicatesAlex BambergerAudrey LLCDon HoJordan GarbisRichard DaiSteven FingerhoodTerry McDonellWilliam MougayarDecrypt 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.04/05/2022
