MakerDAO
MakerDAO is a decentralized autonomous organization that operates on the Ethereum blockchain, specializing in the development of a stablecoin known as Dai. Founded in 2014 and headquartered in Santa Cruz, California, with additional offices in Copenhagen, Denmark, MakerDAO aims to minimize the price volatility of Dai by utilizing collateralized debt positions and autonomous feedback mechanisms. The company enables users to access a low-volatility, collateral-backed cryptocurrency, promoting financial inclusion and stability. In addition to Dai, MakerDAO has introduced MKR, a token that serves multiple purposes within its ecosystem, including governance and system recapitalization. Through its innovative approach, MakerDAO seeks to provide a decentralized digital currency that maintains its purchasing power, making financial services accessible to users worldwide.
Huntingdon Valley Bank
Debt Financing in 2022
Huntingdon Valley Bank is a community bank based in suburban Philadelphia, operating as a subsidiary of HV Bancorp Inc. The bank provides a diverse range of financial services, including savings, checking, and certificate of deposit accounts tailored for both retail and business customers. Its operations are organized into four main segments: retail banking, mortgage banking, business banking, and the bank holding company. With multiple offices across Philadelphia, Huntingdon Valley Bank focuses on meeting the banking needs of its community while fostering local economic growth.
Contango
Seed Round in 2022
Contango is a decentralized protocol that focuses on providing perpetual futures atop money markets. It operates a decentralized exchange designed to facilitate expirable futures without the need for order books or liquidity pools. By leveraging existing decentralized finance (DeFi) protocols, Contango enables fixed-rate lending and borrowing. The platform also supports physical delivery and minimizes price impact for larger trades, allowing traders to effectively hedge their positions and manage their costs. Through these innovations, Contango aims to enhance trading efficiency and accessibility within the decentralized finance ecosystem.
Multis
Venture Round in 2022
Multis is a company focused on creating a financial infrastructure tailored for web3 organizations. It develops a decentralized crypto wallet that enables businesses to automate payments, manage digital assets, and scale operations effectively. The wallet is designed to be community-approved and undergoes rigorous audits, ensuring security and reliability. By facilitating easy access, transfer, and receipt of cryptocurrencies, Multis allows businesses to maintain liquidity while earning interest on their assets. This innovative approach supports the next generation of professionals in navigating an evolving financial landscape.
Harbor
Debt Financing in 2021
Harbor is the engine through which SME's can access cost effective, user-friendly and efficient financing for trade. In addition to working capital, the HarborTrade platform offers automation tools to improve visibility and operational efficiency among trading partners. Harbor also provides a platform for asset origination partners and retail investors, DeFi protocols and other traditional market participants to support such funding activities through a distributed origination and funding model.
ConsenSys
Convertible Note in 2021
ConsenSys, founded in 2015 by Joseph Lubin, is a leading Ethereum software company focused on Web 3.0 development. It provides a comprehensive suite of products, including Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, which enable developers, enterprises, and individuals to create next-generation applications and modern financial infrastructure while accessing the decentralized web. The platform offers essential tools and libraries for building and scaling decentralized applications, facilitating interaction with blockchain networks and smart contracts. ConsenSys also emphasizes education through ConsenSys Academy, which aims to bridge the Ethereum knowledge gap globally. By supporting billions of blockchain-based queries and managing significant digital asset transactions, ConsenSys plays a pivotal role in fostering the broader adoption and integration of blockchain technology, contributing to the development of the digital economy of the future.
Ramp Network
Pre Seed Round in 2019
Ramp Network is a fintech startup founded in 2017 by Przemek Kowalczyk and Szymon Sypniewicz, headquartered in Warsaw, Poland. The company focuses on developing payment infrastructure that bridges the gap between cryptocurrency and traditional finance. Its mission is to create a seamless connection between the open blockchain financial system and conventional banking, eliminating the need for a trusted third party. Ramp Network's platform is designed for a variety of clients, including enterprises, gaming companies, non-fungible token marketplaces, decentralized finance projects, and digital wallets. This integration enables these businesses to facilitate fiat-to-crypto transactions for their users, allowing for efficient contract execution and the locking of digital assets within their operations.
Coindirect
Seed Round in 2019
Coindirect accelerates African cryptocurrency adoption by building a bridge between the decentralised world of crypto and the centralised world of traditional finance. The Coindirect founding team are from South Africa. We've created an end-to-end crypto trading platform that allows users to buy and sell coins directly on our peer-to-peer marketplace - without having to first convert - at 0% transaction fees using multiple payment methods, from credit card and local bank transfer through to Paypal. Our wallet supports over 40 different coins and altcoins, including ERC-20 coins; while our Exchange platform supports 15 different trading pairs. The promise is that every African, from a first-time buyer to a pro-investor, can easily and securely buy, sell, trade and track their assets in one place. In addition to creating a service for consumers, Coindirect gives other fintech services access to its underlying tech platform via an API. Coindirect is powering the mainstream adoption of cryptocurrency in Africa and across the globe. By bridging the gap between the traditional finance world and the endless possibilities ahead of us, anyone can #OwnThe Future. Visit our website - Coindirect.com
Tellor
Pre Seed Round in 2018
Tellor is a decentralized oracle protocol based in the United States that operates on the Ethereum network. It provides secure and trustless access to high-value off-chain data, primarily for decentralized finance (DeFi) applications. The system employs a network of staked miners who compete to retrieve off-chain pricing data, ensuring data integrity and reliability. By incentivizing participation through rewards, Tellor fosters an open and permissionless environment for data reporting and validation. This flexible protocol allows clients to easily implement solutions without reliance on a central authority, making it accessible for various applications within the blockchain ecosystem.
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