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Web3 Graveyard
DiscontinuedCryptocurrency exchangeBitcoin / multichain2014–2021

ShapeShift (former exchange company)

Customers swapped coins without opening accounts

The venture-backed company behind ShapeShift’s original cryptocurrency exchange.

Capital raised (announced)
Estimated

Former exchange company; three disclosed rounds.

Funding

RoundDateAnnouncedInvestors
Seed fundingMarch 2015Not disclosed
Second early financingSeptember 2015Not disclosed
Series A29 March 2017

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Erik Voorhees—CEO, Venice AIOct 2026

How it ended

Decrypt reported that the former exchange business wound down in 2021. ShapeShift had announced a transition to decentralized governance; its DAO and open-source successor continued.

Still alive

Open spot

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Sources

5 sources behind this page.

  1. 1ShapeShift announces a transition to decentralized governance · CoinDesk · Jul 2021
  2. 2ShapeShift exchange settlement reporting · Decrypt · Mar 2024
  3. 3ShapeShift raises $10.4 million in Series A funding · ShapeShift / PRWeb · Mar 2017
  4. 4TechCrunch: professional biography · TechCrunch · Jul 2026
  5. 5ShapeShift · Wikipedia · user-editable

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.