Key facts
- Whetstone Research’s last known valuation is $15.0M (Feb 2025).
- It has raised $10.3M; the latest was Seed Round ($9.0M) in Jan 2026.
- Notable investors include Coinbase Ventures, Pantera Capital, Ambush Capital, Variant (Brooklyn), Nascent — 8 tracked in total.
- Status: Privately Held (backing).
- ·The complete investor list — 8 names
- ·Watchlist + deal alerts for Whetstone Research
- ·The full record, as it builds
Funding rounds
No funding rounds for Whetstone Research are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
About Whetstone Research
Provider of token issuance services intended to develop new protocols to drive on-chain markets. The company's default launch protocol for teams raising capital on-chain emerged as the core market infrastructure for new on-chain assets, powering the majority of token launches and DEX pools on Base.
- Sector
- Financial Services
- HQ
- New York, NY, United States
- Website
- whetstone.cc/
- Ownership
- Privately Held (backing)
Whetstone Research doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Whetstone Research shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Whetstone Research in its N-PORT filings yet. We sweep new filings monthly.