After much reflection, we’ve made the difficult decision to wind down SendBlocks. This choice wasn’t driven by a lack of resources—we have a stellar team, millions of dollars still in the bank, and supportive customers—but we ultimately couldn’t achieve the market pull needed to scale in the crypto space.
Over the past few months, we explored every path, from pivot ideas to near-M&A opportunities, yet we were unable to find the right market-founder-team fit. Rather than force a direction that lacked true alignment and conviction, we believe the most responsible step is to wind down.
I’m incredibly proud of what we built, grateful for everyone who believed in us—especially our talented team, and incredible investors —and look forward to what the future holds. Thank you all for your support and understanding as we wrap up this chapter and move on to new possibilities.
Taking a bit of time before exploring the next phase. But would love to grab a coffee and chat so feel free to DM @shrem_itay !
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