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Farcaster’s parent company plans to return $180M to its VC backers
#MerkleManufactory , whose flagship product is #Farcaster , will return the $180M it had raised from investors. Several investors, including former Coinbase executive Balaji Srinivasan, confirmed the plan in separate posts. The move comes after Farcaster’s acquisition by #Neynar , which will assume responsibility for maintaining the protocol, operating the Farcaster client, and running Clanker.
Farcaster is a protocol that facilitates the creation and connection of social media apps. It operates on a blockchain infrastructure, promoting transparency, security, and decentralization.
👉 bloomberg.com/news/articles/2026-01-23/crypto-social-platform-to-repay-180-million-to-venture-backers
#MerkleManufactory , whose flagship product is #Farcaster , will return the $180M it had raised from investors. Several investors, including former Coinbase executive Balaji Srinivasan, confirmed the plan in separate posts. The move comes after Farcaster’s acquisition by #Neynar , which will assume responsibility for maintaining the protocol, operating the Farcaster client, and running Clanker.
Farcaster is a protocol that facilitates the creation and connection of social media apps. It operates on a blockchain infrastructure, promoting transparency, security, and decentralization.
👉 bloomberg.com/news/articles/2026-01-23/crypto-social-platform-to-repay-180-million-to-venture-backers
🚀 Farcaster: Rumors vs. Reality! 澄清
There has been a lot of talk lately about Farcaster, but Dan Romero just cleared the air with some major updates. If you are following the decentralized social space, here is the breakdown 👇 $SENT
The Big Highlights:
Farcaster is NOT shutting down: The protocol is working perfectly and will continue to operate. $SCRT
Strong Growth: In December alone, they saw 250,000 Monthly Active Users (MAU) and over 100,000 funded wallets.
New Leadership: A venture-backed startup called Neynar is the new acquirer. They plan to make Farcaster even more developer-focused. $FOGO
Merkle Update: Merkle is planning to return the full $180M raised back to its investors.
Takeaway:
Despite the rumors, the ecosystem is evolving. With Neynar taking the lead, we might see a wave of new decentralized apps being built on the protocol soon.
#Farcaster #Web3 #CryptoNews #BinanceSquare #Neynar
There has been a lot of talk lately about Farcaster, but Dan Romero just cleared the air with some major updates. If you are following the decentralized social space, here is the breakdown 👇 $SENT
The Big Highlights:
Farcaster is NOT shutting down: The protocol is working perfectly and will continue to operate. $SCRT
Strong Growth: In December alone, they saw 250,000 Monthly Active Users (MAU) and over 100,000 funded wallets.
New Leadership: A venture-backed startup called Neynar is the new acquirer. They plan to make Farcaster even more developer-focused. $FOGO
Merkle Update: Merkle is planning to return the full $180M raised back to its investors.
Takeaway:
Despite the rumors, the ecosystem is evolving. With Neynar taking the lead, we might see a wave of new decentralized apps being built on the protocol soon.
#Farcaster #Web3 #CryptoNews #BinanceSquare #Neynar
⚡️JUST IN: NEYNAR ACQUIRES FARCASTER IN MAJOR DEAL
Paradigm and a16z-backed Farcaster has been acquired by Neynar after raising over $150M at a $1B valuation.
Neynar will take control of Farcaster’s protocol contracts, codebase, app, and Clanker, marking a major consolidation move in decentralized social media. #neynar #Farcaster #news
Paradigm and a16z-backed Farcaster has been acquired by Neynar after raising over $150M at a $1B valuation.
Neynar will take control of Farcaster’s protocol contracts, codebase, app, and Clanker, marking a major consolidation move in decentralized social media. #neynar #Farcaster #news
From 'Shovel Seller' to 'Miner': Neynar devours Farcaster, is this the end of decentralized social or a new beginning?
1. An announcement, an era ends
On January 21, Dan Romero and Varun Srinivasan sent a brief 300-word farewell letter on Warpcast: The Farcaster protocol, official client, Clanker, and all code repositories will be handed over to Neynar in the coming weeks. The two founders will only retain the identity of 'observers' as they turn to 'search for the next mountain.'
This is just 20 months away from Farcaster completing a financing round led by A16z at a valuation of $1 billion in May 2024; it’s also only a Christmas season away from the community rumors circulating in Q4 2025 that 'Coinbase will take over.'
On January 21, Dan Romero and Varun Srinivasan sent a brief 300-word farewell letter on Warpcast: The Farcaster protocol, official client, Clanker, and all code repositories will be handed over to Neynar in the coming weeks. The two founders will only retain the identity of 'observers' as they turn to 'search for the next mountain.'
This is just 20 months away from Farcaster completing a financing round led by A16z at a valuation of $1 billion in May 2024; it’s also only a Christmas season away from the community rumors circulating in Q4 2025 that 'Coinbase will take over.'
Essie Schmelzle mR9s:
888
Neynar unveils acquisition of Farcaster
#Neynar has acquired #Farcaster , a decentralized protocol designed specifically for building social networks. Following the acquisition, Neynar will take over maintenance of the Farcaster protocol, operate the Farcaster client, and run Clanker. In 2024, Farcaster raised $150M with backing from Paradigm, a16z crypto, Haun Ventures, USV, Variant, Standard Crypto, and others.
👉 x.com/neynarxyz/status/2014046158700659072
#Neynar has acquired #Farcaster , a decentralized protocol designed specifically for building social networks. Following the acquisition, Neynar will take over maintenance of the Farcaster protocol, operate the Farcaster client, and run Clanker. In 2024, Farcaster raised $150M with backing from Paradigm, a16z crypto, Haun Ventures, USV, Variant, Standard Crypto, and others.
👉 x.com/neynarxyz/status/2014046158700659072
NEYNAR TO ACQUIRE FARCASTER
#Neynar has announced plans to acquire the decentralized social protocol #Farcaster , with the protocol’s smart contracts, codebase, and applications set to transfer under Neynar’s ownership and operation.
Dan Romero @dwr said the project needs new leadership and a fresh approach to fully unlock its potential—marking a major shift for one of #Web3 ’s most watched social protocols.
#news #trade $BTC
$FARTCOIN
$FAIR3
#Neynar has announced plans to acquire the decentralized social protocol #Farcaster , with the protocol’s smart contracts, codebase, and applications set to transfer under Neynar’s ownership and operation.
Dan Romero @dwr said the project needs new leadership and a fresh approach to fully unlock its potential—marking a major shift for one of #Web3 ’s most watched social protocols.
#news #trade $BTC
$FARTCOIN
$FAIR3
FARCASR ACQUIRED. DECENTRALIZED SOCIAL WAR IGNITES.
Major shakeup in decentralized social. Farcaster is now under Neynar's control. This is a massive shift. Neynar, the backend powerhouse, takes over operations. This move is seen as a vital "baton pass" by supporters, injecting fresh energy and direction. However, sharp criticism erupts. Doubts surface over a $1 billion valuation exit for founders. Questions loom about decentralized promises versus capital realities. This acquisition reignites the debate on VC funding, founder accountability, and true decentralized governance. The market is watching.
Disclaimer: This is not financial advice.
#Farcaster #DeSoc #CryptoNews #Neynar 🚀
Major shakeup in decentralized social. Farcaster is now under Neynar's control. This is a massive shift. Neynar, the backend powerhouse, takes over operations. This move is seen as a vital "baton pass" by supporters, injecting fresh energy and direction. However, sharp criticism erupts. Doubts surface over a $1 billion valuation exit for founders. Questions loom about decentralized promises versus capital realities. This acquisition reignites the debate on VC funding, founder accountability, and true decentralized governance. The market is watching.
Disclaimer: This is not financial advice.
#Farcaster #DeSoc #CryptoNews #Neynar 🚀
⚡️ JUST IN: $ROSE ALERT ⚡️
NEYNAR ACQUIRES FARCASTER in a major crypto-tech deal 🚀
Key points:
• Farcaster, backed by Paradigm and a16z, raised $150M+ at a $1B valuation
• Acquisition by Neynar signals expansion and consolidation in Web3/crypto infrastructure
• Market implications: potential ecosystem growth and increased adoption
Tokens to watch: $AXS | $SXT
#ROSE #Farcaster #Neynar #CryptoNews #MergersAndAcquisitions #BinanceSquare
NEYNAR ACQUIRES FARCASTER in a major crypto-tech deal 🚀
Key points:
• Farcaster, backed by Paradigm and a16z, raised $150M+ at a $1B valuation
• Acquisition by Neynar signals expansion and consolidation in Web3/crypto infrastructure
• Market implications: potential ecosystem growth and increased adoption
Tokens to watch: $AXS | $SXT
#ROSE #Farcaster #Neynar #CryptoNews #MergersAndAcquisitions #BinanceSquare
🚀Top Project From Recent Funding Round 💰 Neynar 🚀
🎉 Neynar has just secured $11.00M in its latest funding round! 🎉
🔹 About: Neynar is a platform that simplifies building on Farcaster, a protocol for decentralized social apps. It provides a comprehensive suite of tools, APIs, and SDKs designed to streamline application development. Some key features include:
1. Frame Studio: Allows no-code multi-step frame building.
2. Sign In with Neynar: Enables seamless Farcaster account integration.
3. Hosted SQL Databases: Helps manage Farcaster data.
In May 2024, Neynar raised $11 million in Series A funding from investors like Haun Ventures, Union Square Ventures, a16z CSX, and Coinbase Ventures. It’s a fast-growing platform for creating experiences on top of on-chain social protocols
🔹 Lead Investors: Coinbase Ventures, Haun Ventures, Andreessen Horowitz (a16z), Union Square Ventures.
🔹 Total Raised: $11.00M.
🔹 Project Category: Blockchain Service, API, Developer Tools.
🌟 If You find this post useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#BinanceTurns7 #bitcoin #Binance #neynar #Web3Wallet $MASK
$COS
$CYBER
🔹 About: Neynar is a platform that simplifies building on Farcaster, a protocol for decentralized social apps. It provides a comprehensive suite of tools, APIs, and SDKs designed to streamline application development. Some key features include:
1. Frame Studio: Allows no-code multi-step frame building.
2. Sign In with Neynar: Enables seamless Farcaster account integration.
3. Hosted SQL Databases: Helps manage Farcaster data.
In May 2024, Neynar raised $11 million in Series A funding from investors like Haun Ventures, Union Square Ventures, a16z CSX, and Coinbase Ventures. It’s a fast-growing platform for creating experiences on top of on-chain social protocols
🔹 Lead Investors: Coinbase Ventures, Haun Ventures, Andreessen Horowitz (a16z), Union Square Ventures.
🔹 Total Raised: $11.00M.
🔹 Project Category: Blockchain Service, API, Developer Tools.
🌟 If You find this post useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#BinanceTurns7 #bitcoin #Binance #neynar #Web3Wallet $MASK
$COS
$CYBER
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