Coinbase CEO Ventures into Biotech with $130M Longevity Startup Funding

Coinbase CEO Brian Armstrong has made headlines not just for his crypto advocacy but for a significant leap into biotechnology. His longevity startup, NewLimit, has successfully secured $130 million in Series B funding, catapulting the company’s valuation to $810 million. This move highlights Armstrong’s diversified interests beyond the volatile crypto markets, even as he continues to push for stablecoin legislation in the U.S. The funding round, co-led by GV veteran Blake Byers and stem cell expert Jacob Kimmel, underscores the growing intersection of tech entrepreneurship and cutting-edge biotech research. As of May 2025, this development marks a pivotal moment for both Armstrong and the broader tech-biotech convergence.

Coinbase CEO Brian Armstrong Secures $130M for Longevity Startup NewLimit

Coinbase CEO Brian Armstrong has diverted attention from crypto market fluctuations to a groundbreaking venture in biotech. His longevity startup, NewLimit, co-founded with GV veteran Blake Byers and stem cell expert Jacob Kimmel, closed a $130 million Series B funding round, valuing the company at $810 million.

While Armstrong continues advocating for stablecoin legislation in Washington, this parallel pursuit targets biological aging—a radical departure from typical crypto executive endeavors. The funding positions NewLimit to accelerate research on cellular reprogramming technologies that could potentially reverse aging processes.

Coinbase Partners with Riot Games as Exclusive Crypto Exchange for LoL and VALORANT Esports

Coinbase has secured a landmark partnership with Riot Games, positioning itself as the exclusive cryptocurrency exchange and blockchain partner for two of the world’s most popular esports titles—League of Legends and VALORANT. This collaboration marks one of the first major integrations of digital finance into competitive gaming’s global ecosystem.

The deal extends beyond branding rights, embedding Coinbase’s Web3 infrastructure into tournament operations and fan engagement. New match segments and tokenized viewer rewards will debut across Riot’s premier events, bridging decentralized technology with live esports experiences.

For Coinbase, the move strategically aligns its platform with gaming’s younger demographic while demonstrating blockchain’s utility in content monetization. Riot gains a technological edge in an industry where fan interaction increasingly drives revenue.