Icebreaker secured $5 million in seed funding, led by CoinFund.

Icebreaker, a blockchain-based professional networking project often described as LinkedIn on a blockchain, announced $5 million in seed funding led by CoinFund, with participation from Accomplice, Anagram, and Legion Capital, among others. The company is valued at $21 million and aims to become the first open-source network for professional connections. Cofounders Dan Stone and Jack Dillé, who previously worked at Google and Coinbase, say the project will let users move their existing profiles and networks into one verified channel, and the new funding will go to scaling the team and product building. CoinFund CIO Alex Felix said the firm is proud to back the team's mission to introduce true ownership of professional identity.