Share this article
CoreSky Raises $15M Series A to Expand Memecoin Incubation Platform
CoreSky’s platform enables user voting to gauge public opinion in the early stages of a meme token's development
Updated Mar 25, 2025, 5:29 p.m. Published Mar 25, 2025, 3:45 p.m.
What to know:
- Coresky has raised $15 million in Series A funding, to accelerate the development of its platform.
- The funding was led by Tido Capital with participation from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures.
- Coresky’s platform enables user voting to gauge public opinion in the early stages of a meme token's development.
Memecoin incubator CoreSky has raised $15 million in Series A funding, to accelerate the development of its platform.
The funding, which brings the company’s total backing to $21 million, was led by Tido Capital with participation from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
CoreSky’s platform enables user voting to gauge public opinion in the early stages of a meme token's development.
Memecoins have experienced a significant surge in popularity in the last year, becoming a notable phenomenon in the cryptocurrency market. This rise is attributed to several factors, including high-profile endorsements, political developments, and the increasing influence of internet culture on financial markets.
Despite the challenges presented by scams and rug pulls, the enthusiasm for memecoins persists. For many observers, they represent the community aspect of the cryptocurrency market, as well as the blending of internet culture with financial innovation.
Disclaimer: This article, or parts of it, was generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
