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Cork Raises $5.5M via a16z CSX, Road Capital to Build Tokenized Risk Platform
Yahoo Finance· 2026-01-21 17:37
Cork Protocol, a decentralized programmable risk layer, has raised $5.5 million in a successful seed round led by a16z’s CSX startup fund and Road Capital. The funding round drew participation from a slew of noteworthy VC and crypto investment groups including 432 Ventures, BitGo Ventures, Cooley, DEPO Ventures, Funfair Ventures, G20 Group, Gate Labs, Hyperithm, IDEO Ventures, PEER VC, Stake Capital, and WAGMI Ventures. According to a Jan. 21 press release, funds are earmarked to support the protocol’s ...