Coinbase Ventures Backs OpenMind’s $20M Decentralized OS for Robots

OpenMind, a pioneer in decentralized operating systems for autonomous agents, has successfully raised $20 million in funding from prominent crypto venture capital firms, including Pantera Capital, Coinbase Ventures, DCG, and Ribbit Capital. The project, which aims to revolutionize the robotics industry with its decentralized approach, is currently offering a waitlist registration with incentives for social task participation. Users can earn points by connecting their Twitter and Discord accounts, completing onboarding tasks, and maintaining active engagement on Discord. This significant funding round highlights the growing interest and confidence in decentralized technologies within the crypto and robotics sectors. The involvement of major players like Coinbase Ventures underscores the potential for blockchain-based solutions to transform traditional industries. As of August 2025, OpenMind's innovative platform is poised to make a substantial impact, bridging the gap between autonomous agents and decentralized systems.

OpenMind Launches Decentralized OS for Robots with $20M Backing from Major Crypto VCs

OpenMind, a developer of decentralized operating systems for autonomous agents, has secured $20 million in funding from Pantera Capital, Coinbase Ventures, DCG, and Ribbit Capital. The project currently offers a waitlist registration with social task incentives.

Participants can earn points by connecting Twitter and Discord accounts, completing onboarding tasks, and maintaining active Discord engagement. The initiative reflects growing institutional interest in blockchain-based infrastructure projects.

With no financial risk to participants, the program emphasizes community building through social platforms. The project's backers suggest strong potential for future token distribution events, though no official airdrop has been announced.

Whale Withdraws 3 Trillion SHIB from Coinbase in Accumulation Move

A significant holder has moved 3 trillion shiba inu tokens (SHIB) from Coinbase Prime to a private wallet, signaling a potential long-term accumulation strategy. The transaction, valued at approximately $39 million, marks the first activity for the newly created wallet address "0x48a6."

The withdrawal occurred Friday at 18:38 UTC, with the tokens acquired at an average price of $0.00001299. Analysts suggest this entry point appears strategic given SHIB's current 4% weekly decline and projected upside targets.

Concurrent activity shows another wallet ("0xfd47") accumulated 193.6 billion SHIB ($2.51 million) across 13 transactions from Coinbase. These movements coincide with sideways trading for the meme coin, suggesting institutional players may be positioning during market consolidation.

BlackRock's Bitcoin ETF Amasses 735,000 BTC Worth $86 Billion

BlackRock, the world's largest asset manager with over $11.6 trillion in assets under management, has solidified its position as a major Bitcoin holder. Its iShares Bitcoin ETF (IBIT) now controls 735,000 BTC—worth approximately $86 billion—according to Arkham Intelligence data. The fund's wallets have seen steady inflows, including multiple 300 BTC transfers valued at $37 million each through Coinbase Prime.

The asset manager's bitcoin holdings now surpass 749,000 BTC when accounting for additional acquisitions, placing it among the largest global holders. This marks a significant increase from March 2025, when BlackRock held 567,000 BTC worth $47.8 billion. The firm now exceeds MicroStrategy's 628,946 BTC position valued at $54.93 billion.

Parallel growth appears in BlackRock's ethereum ETFs, with recent on-chain activity showing 5,900 ETH and multiple 10,000 ETH deposits totaling $121 million. The firm's combined Ethereum holdings now exceed $14 billion.