Coinshift
It ran payouts for Uniswap and Consensys, then turned to stablecoins
Treasury management and mass-payout software for DAOs and crypto companies, built on the Gnosis Safe multisig by an Indian startup that began as MultiSafe.
- Capital raised (announced)
- Estimated
Recorded announced backing; this is separate from cash received, customer deposits and money recovered.
- Assets managed, by the company's count (May 2022)
- Estimated
Company-reported May 2022 assets in customer-controlled wallets; not Coinshift’s custody, revenue or backing.
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Seed | 2021 | ||
| Series A | 2022 |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Tarun Gupta | Jun 2021 – end | Founder and CEO, @0xCoinshift, the company that continued after Coinshift Business was sunset | Oct 2026 |
Promises vs reality
Commitment
The August platform report said version two had rolled out.
Reported delivery establishes the release, rather than how many organizations used it.
A missed promise is a missed promise. It is not evidence of fraud, and this page does not treat it as any.
Timeline
June 2021
A mass-payout tool on top of the Gnosis Safe multisig wallet.
30 September 2021
The company had six staff at the time.
17 May 2022
Announced with a second version of the product that grouped multiple Safes across chains under one organisation.
24 August 2022
The company’s mid-year report said it had rolled out the second version, grouping multiple Safes across chains under one organization. This is the report date; the exact deployment day was not established.
21 November 2024
A yield-bearing token backed by Paxos's USDL stablecoin, announced alongside a free version of Coinshift Business for payments and accounting.
31 March 2026
How it ended
Pivoted away
Coinshift told users it was sunsetting Coinshift Business, its treasury and payouts product, by 31 March 2026, and asked them to export their data and contact its team. It offered no replacement. An independent review of treasury tools reported that the company had turned entirely to yield-bearing stablecoins, a line it had begun with a lending token in November 2024.
Still alive
Open spot
Coinshift is gone. Is your DAO tool still running?
Spotlight your project here.
Sources
14 sources behind this page.
- 1Crypto treasury management platform Coinshift raises $2.5 million in seed funding · AiCoin (republication of a The Block article)
- 2Cash Management Firm Coinshift Closes $15M Series A Led by Tiger Global · CoinDesk · May 2022
- 3Coinshift Overview · Coinshift (company documentation, retrieved after the product was shut down)
- 4Coinshift app login page with sunset notice · Coinshift (company web app, retrieved after the product was shut down)
- 5Coinshift reports mid-year platform results · Coinshift via PR Newswire · Aug 2022
- 6Coinshift Launches csUSDL, Announces Strategic Partnerships · Decrypt (Chainwire press release issued by Coinshift) · Nov 2024
- 7Crypto treasury management service Coinshift closes Series A · FinTech Global · May 2022
- 8Crypto treasury management platform Coinshift raises $2.5m in seed funding · fintech.io (summary of a The Block article) · Sep 2021
- 9Crypto Startup Coinshift Raises Funds To Help Users Manage Crypto Treasuries · Inc42 · Sep 2021
- 10Coinshift Closes $15 Million Series A Led by Tiger Global, Sequoia Capital India, Alameda Ventures · PR Newswire (press release issued by Coinshift) · May 2022
Show 4 moreShow fewer
- 11DAO Treasury Management Tools: Features and Security Compared · Spark
- 12Posts by and naming @tarungupta1475 about Coinshift, 10 to 31 May 2022 · X, retrieved via twitterapi.io · May 2022
- 13X user search for "Coinshift", including the @0xCoinshift profile · X, retrieved via twitterapi.io
- 14X user search for "Tarun Gupta", including the @tarungupta1475 profile · X, retrieved via twitterapi.io
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.