8 Decimal Capital

8 Decimal Capital is a multi-strategy investment firm focused on both token and equity investment. We currently have more than 30 portfolio companies, and an AUM of 60M USD. Our investment team consists of more than 10 venture capital veterans, researchers, and trading professionals. We thematically invest in core infrastructure layer projects that address security, scalability, and privacy, provide a full suite of post-investment value-add to our portfolio companies.

Sky Yu

Partner

40 past transactions

Nirvana

Seed Round in 2021
Nirvana is an AI-native financial infrastructure shaping the future of Agentic DeFi. - Redefining DeFi with AI Agents – Nirvana builds AI frameworks for DEFAI agents to maximize capital efficiency - AI-Native On-Chain Protocols – Empowering DEFAI agents with AI-native protocols to autonomously launch innovative financial instruments and optimize strategies

Polkadot

Venture Round in 2019
Polkadot is a protocol that allows independent blockchains to exchange information. Polkadot is an inter-chain blockchain protocol which unlike internet messaging protocols (e.g. TCP/IP) also enforces the order and the validity of the messages between the chains. This interoperability also allows the additional benefit of scalability by creating a general environment for multiple state machines.

Force Protocol

Corporate Round in 2019
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SendFriend

Pre Seed Round in 2018
SendFriend provides global payments-as-a-service to banks/FIs, with a focus on $USD for underserved geographies. Through payment processing, compliance automation, and bank partnerships, SendFriend addresses global de-risking by providing safe access to USD clearing for institutions and regions (LAC, APAC, MENA) which struggle to access the US. Since 2011, active correspondents in the US have fallen from 100 to 65. We bring revenue, deposits, and risk mitigation to our US bank partners while serving this market need with unique knowledge and technology.

Bitget

Corporate Round in 2018
Bitget has core focus is on social trading. Currently serving over two million users in more than 50 countries around the world, Bitget accelerated its mission to promote decentralized finance with a 600-strong workforce. Since Bitget’s official launch in the crypto derivatives market in June 2019, the platform has now become one of the world’s largest crypto copy trading and derivatives exchanges and is ranked in the top five globally by CoinMarketCap and CoinGecko for derivatives trading by volume. The leading exchange focuses on transforming the way people connect and trade with social trading. Its flagship offering, One-Click Copy Trade, is nothing short of a pioneer in social trading and has amassed over 55,000 professional traders, with approximately 1.1 million followers, innovating the experience for crypto derivatives traders worldwide.

BGOGO

Venture Round in 2018
Bgogo aspires to be the cryptocurrency exchange of the community, by the community, for the community. It is the first digital asset exchange with supernode listing authority, designed to list the most high quality and promising digital assets. Bgogo.com is registered in Cayman Islands. Bgogo founders include members from leading Internet companies such as Facebook, Twitter, IBM, Alibaba, etc. The core engineering team consists of several world champions of the ACM International Collegiate Programming Contest.

Wanchain

Seed Round in 2018
Wanchain is creating new distributed financial infrastructure. Cross-chain smart contracts built on Wanchain will power the new digital economy.

Bhex.com

Corporate Round in 2018
BHEX is the next generation digital asset trading platform, with top grade performance of matching system which designed for million level of concurrent transactions. It further evolves to a globally distributed multi-nodes system and provides decentralized custody and clearing services of digital assets to institutional and retail investors transparently.

Coinsuper

Series A in 2018
Founded in 2017, Hong Kong-based Coinsuper is a cryptocurrency exchange providing professional digital asset trading and customized services for professionals and individuals. Coinsuper is well experienced in the fields of cryptocurrency and financial technology over the years. We have successfully drawn and built a team of global elites with high financial standard and established a trading platform with rigorous technical risk control and remarkable operation. Coinsuper adopts methods such as SSL encryption technology, multi-signature cryptocurrency wallets, offline capital management to ensure the stability of the platform, as well as multiple layers of protection of assets, transaction, account, and user information. Coinsuper is committed to providing customer-oriented, efficient, professional and secure trading services.

Fantom Foundation

Venture Round in 2018
Fantom Foundation is a smart contract platform for digital assets and dApps. It provides out-of-the-box security and financing solutions that abstract many of the technical and logistical complexities of running a dApp while retaining the most appealing properties of blockchain technology. The platform is developing different parts of an open system and closely works with partners to support the adoption of Fantom technology. Developers can use smart contracts on top of Fantom using the EVM, and projects can easily port their existing Ethereum dApps over to Fantom.

Archblock

Private Equity Round in 2018
Archblock, formerly known as TrustToken, Inc., operates a platform for creating asset-backed tokens that facilitate global buying and selling. Founded in 2017 and headquartered in San Francisco, the company aims to provide a seamless way to tokenize various assets, enabling the conversion of physical assets like gold into digital tokens. Its flagship product, TrueUSD, is a stablecoin that can be redeemed on a 1-for-1 basis for US dollars. Archblock employs a team with diverse backgrounds from prestigious institutions and companies, including Stanford, UC Berkeley, and major financial and tech firms. The platform is designed to align incentives among participants while ensuring compliance with fiduciary standards and creating a transparent audit trail of asset management.

Volt Capital

Private Equity Round in 2018
Volt Capital is a digital financial platform. They provide services for market cycles, ecosystems, and networks. Their customers' inquiries are addressed through phone, email, and online applications.

CoinPark

Seed Round in 2018
Crypto-currency exchange

FCoin

Angel Round in 2018
FCoin is a Chinese cryptocurrency exchange start-up

Odaily

Seed Round in 2018
Odaily is a blockchain media for the exclusive strategic cooperation of the 36氪 Group, committed to helping the industry to develop and explore blockchains. The company provides news and scientific content to the general population interested in the blockchain.

RSK Labs

Seed Round in 2018
RSK is the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merge-mining, allowing them to actively participate in the Smart Contract revolution. RSK goal is to add value and functionality to the Bitcoin ecosystem by enabling smart-contracts, near instant payments and higher-scalability.

Volt Capital

Series A in 2018
Volt Capital is a digital financial platform. They provide services for market cycles, ecosystems, and networks. Their customers' inquiries are addressed through phone, email, and online applications.

WXY

Angel Round in 2018
WXY is a marketing consulting agency. They offer services that include marketing, branding strategy, PR, community management, influencers, meetups, conferences, fundraising, and working with institutional investors.

Overline (prev. BC)

Seed Round in 2018
Cryptocurrencies are "walled gardens" which cannot reuse, trigger, or execute transactions with other blockchains. If Alice wants to execute Bob’s smart contract, she can only send cryptocurrency from the blockchain on which Bob deployed the smart contract. This lack of cooperation stifles innovation and forces users to place unwarranted trust in validators or centralized exchanges. Merging blockchains together into Block Collider is like building roads between buildings. Hypothetically, one could build a building that has everything, but in practice some buildings are built to work in, some are built to live in — as long as citizens want to be in multiple buildings at different points in time, roads are valuable and necessary.

QuarkChain

Seed Round in 2018
QuarkChain is a flexible, scalable, and user-oriented blockchain infrastructure by applying blockchain sharding technology. It is one of the first public chains that successfully implemented state sharding technology for blockchain in the world. QuarkChain aims to deliver 100,000+ on-chain TPS. Currently, 14,000+ peak TPS has already been achieved by an early stage testnet. QuarkChain already has over 50 partners in its ecosystem. With flexibility, scalability, and usability, QuarkChain is enabling EVERYONE to enjoy blockchain technology anytime and anywhere.

MobileCoin

Seed Round in 2018
MobileCoin is a cryptocurrency platform that develops P2P payment tokens and digital payment systems for mobile. It combines privacy, security, and distributed trust with a great user experience. MobileCoin is designed so that a mobile messaging application like WhatsApp, Facebook Messenger, or Signal could integrate with a MobileCoin wallet.

Odaily

Seed Round in 2018
Odaily is a blockchain media for the exclusive strategic cooperation of the 36氪 Group, committed to helping the industry to develop and explore blockchains. The company provides news and scientific content to the general population interested in the blockchain.

Mainframe

Seed Round in 2018
Mainframe — A decentralized network for censorship-resistant message routing. The need for a privacy and security focused communications ecosystem has never been higher. Distrust and centralized powers abound, with third parties monopolizing users’ information and governments imposing surveillance tactics on citizens inside and outside their borders. Each takes advantage of the same decades-old architecture on which the entire Internet is built. The Mainframe network is the messaging layer for the new web. This goes beyond human-to-human messaging. There are many use-cases and applications for reliably, privately, and securely routing data packets through the Mainframe peer-to-peer network. Mainframe is resistant to censorship, surveillance, and disruption. With the exception of a catastrophic asteroid event or an aggressive alien invasion, the Mainframe network is simply unstoppable. We build with five fundamental principles as our guide.

Ontology

Seed Round in 2018
Ontology is an integrated, distributed trust network that serves as a foundational infrastructure for building a trust ecosystem. It provides a low-cost blockchain platform designed to facilitate decentralized identity and data alternatives suitable for Web3 applications. The platform enables the creation of smart contracts and data management while supporting the development of decentralized applications. By allowing projects with varying business scenarios and compliance needs to utilize its chain networks, Ontology fosters trust cooperation among businesses, individuals, and institutions, enabling them to create customized trust networks tailored to their specific requirements.

IoTeX

Seed Round in 2018
IoTeX is a modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains. It empowers developers to integrate Web3 into everyday life through innovations in connected smart vehicles, city mapping, green energy initiatives, super-charged fitness platforms, environmental data tracking, proof-of-presence applications, proof of humanity, and more. With the launch of W3bstream, the world's first off-chain compute framework for smart devices and real-world data, IoTeX has become the leading Decentralized Physical Infrastructure Network (DePIN) technology provider, enabling vertical innovations for machines, humans, businesses, and dApps to interact with trust and privacy. Backed by a global team of 60+ research scientists and engineers, IoTeX combines its L1, EVM-compatible blockchain, off-chain compute, and open hardware to connect billions of smart devices, machines and sensors and dApps across the physical and digital world.

Bluzelle

Initial Coin Offering in 2018
Bluzelle offers a complete and fully integrated stack of blockchain applications, middleware and data services. With customers that range from SMEs to global enterprises, Bluzelle is able to design, develop and deploy the best solution for your business.

DoraHacks

Angel Round in 2018
DoraHacks is a global hackathon organizer and a multi-chain Web3 developer platform. DoraHacks partners with over 40 Web3 ecosystems, such as Solana, Polygon, and Avalanche, to provide infrastructure for open-source communities and foster blockchain technology innovations. The company offers various tools and services, including hackathons, bounty programs, quadratic funding, and privacy voting mechanisms, all aimed at supporting the development and governance of decentralized applications.

Zero Hash

Series B in 2017
Zero Hash is a B2B embedded infrastructure platform that allows any platform to integrate digital assets natively into their own customer experience quickly and easily (a matter of API endpoints). Zero Hash’s turnkey solution handles the entire back-end complexity and regulatory licensing required to offer digital asset products. Zero Hash powers neo-banks, broker-dealers, and payment groups to offer digital asset trading and custody, crypto-backed rewards, and round-ups programs. and more. Clients include MoneyLion, Transak, Wirex, Deserve, MoonPay, and tastyworks. Zero Hash is backed by investors including Point72 Ventures, Bain Capital Ventures, and NYCA. Our mission is to enable businesses to easily create amazing crypto products, unlocking digital assets for everyone, everywhere. Zero Hash enables developers and businesses to focus on building experiences and products.

BiShiJie.com

Angel Round in 2017
Bishijie.com is a digital currency investment community dedicated to helping investors understand, understand and invest in digital currencies. Beijingcoin World Network Technology Co., Ltd. products.

Gifto

Seed Round in 2017
Gifto is a Web3 blockchain solution platform where content creators and users monetize their non-fungible tokens and art. It is based on smart contracts and blockchain technology and enables the production and trading of virtual presents. The companies builds a consumer-driven virtual economic system that is decentralized.

Zilliqa

Seed Round in 2017
Zilliqa is the world's first high-throughput public blockchain platform - designed to scale to thousands ​of transactions per second. Zilliqa brings the theory of sharding to practice with its novel protocol that increases transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralised apps, designed to meet the scaling requirements of machine learning and financial algorithms.

Nebulas.io

Seed Round in 2017
Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem. Based on its blockchain valuation mechanism, Nebulas proposes future-oriented incentive and consensus systems, and the ability to self-evolve without forking.

ælf

Venture Round in 2017
aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and advancing Web3 and AI technology adoption.

Liquid Global

Initial Coin Offering in 2017
Liquid Global is a developer of a cryptocurrency trading platform designed to provide liquidity to the crypto economy.The company's platform offers trading services for major cryptocurrencies such as Bitcoin and Ethereum against fiat currency pairs in Japanese yen, US, Singapore and Australian dollar and Euro among the others, enabling businesses and users to exchange cryptocurrencies in a hassle-free manner.

Bibox

Seed Round in 2017
Bibox is an AI-powered digital asset exchange and one of the few blockchain businesses to hold a Swiss VQF license. Aside from regular spot and contract trading, Bibox has developed some clever and user-friendly features. Because of its multilingual user interface and 24-hour online service.

ICON

Seed Round in 2017
ICON already boasts communities comprised of reputable institutions – banks, securities, insurance, hospitals, universities, and more. ICON’s decentralized applications (DAPPs), including Blockchain ID and Payment & Exchange, can benefit current and future communities. For instance, Blockchain ID can be issued by financial securities community and be used for ID verification in all other communities. Likewise, ICX issued by hospitals can be used for payment & exchange in all other communities.

Kyber Network

Initial Coin Offering in 2017
Kyber Network PTE. Ltd. operates an online platform that facilitates the exchange and conversion of digital assets through an on-chain liquidity protocol. Founded in 2017 and based in Singapore, Kyber aggregates liquidity from various reserves to provide instant and secure token exchanges for decentralized applications. The platform offers vendors the ability to accept payments in multiple tokens while receiving their preferred token, enhancing e-commerce transactions. Additionally, Kyber provides rich payment APIs and a contract wallet that allows users to receive payments seamlessly. The protocol supports a variety of inter-token use cases, enabling decentralized applications to allow non-token holders to access their services, and allowing decentralized financial projects to rebalance portfolios quickly. Overall, Kyber Network serves as a multi-chain trading and liquidity hub, connecting diverse liquidity sources to optimize trading rates.

0x

Seed Round in 2017
0x is an open protocol that facilitates low friction peer-to-peer exchange of tokens on the Ethereum blockchain.

Ethereum Foundation

Secondary Market in 2017
Ethereum Switzerland GmbH operates a decentralized platform that enables the development and deployment of applications without downtime, censorship, fraud, or third-party interference. Founded in 2014 and based in Baar, Switzerland, the company provides the Ethereum Wallet, which serves as a gateway to decentralized applications on the Ethereum blockchain. Users can hold and secure ether and other crypto-assets, as well as write, deploy, and utilize smart contracts. The platform supports a variety of uses, including crowdfunding, virtual share sales, auctions, and the creation of decentralized autonomous organizations. Additionally, developers can design and issue their own cryptocurrencies and utilize command line tools. Ethereum functions as both a platform and a programming language, allowing developers to codify and decentralize various applications across multiple sectors, including voting, financial exchanges, and intellectual property. It leverages a decentralized consensus mechanism, similar to that of Bitcoin, providing a robust foundation for building innovative applications.
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