Divergence Ventures

Cubist offers a web3 key management platform and modular toolkit that enables developers to safely design, test, and deploy multi-chain and cross-chain decentralized applications in automated pipelines. By handling keys and sequencing, the solution supports secure cross-chain deployments from a single program.

Panoptic is a blockchain-based options trading platform that facilitates trustless, permissionless, and composable options products. It enables instant settlement and oracle-free trading on the Ethereum blockchain, catering to various strategies within the decentralized finance (DeFi) ecosystem.

Mero is a company that has created a reactive liquidity protocol aimed at enhancing the efficiency of decentralized finance. Its platform allows users to earn yield and register actions with their liquidity through an automated crypto-based lending system. By enabling users to register loans on-chain, Mero facilitates collateral top-ups, which increase both the yield and utility of crypto assets. This innovative approach provides investors with quick access to funds while eliminating the need for intermediaries, thereby streamlining financial transactions in the crypto space.

Aperture Finance provides a decentralized finance platform to streamline complex DeFi operations. The company aims to bring its automation tools to TradFi native and hybrid funds with large capital to deploy in DeFi but minimal experience with on-chain dev and smart contract work. Building on the infra layer of EVMs, Aperture offers "Composable Automation", a "no code" approach to on-chain liquidity management.

Developer of an online lending platform offering uncollateralized crypto loans. The platform leverages blockchain technology for capital-efficient lending, ensuring creditworthiness and loan repayment capability.

Most DeFi applications require institutional borrowers to over-collateralize their loans using crypto as collateral, limiting the wide range of use cases possible with crypto lending. Collateralized loans not only restrict borrowers from using capital how and when they want, but also limit the potential for enhanced return for lenders. JellyFi is a capital-efficient DeFi lending protocol that enables crypto loans without collateral, where institutional borrowers can obtain competitive loan terms, and lenders get access to higher returns while having more granular control over their investment portfolios. Zero-collateral loans are similar to a revolving line of credit where the borrower only has to pay a liquidity fee on unused capital in their own liquidity pool.

Angle Protocol focus on offering stablecoins pegged to currencies like the euro as an alternative to dollar-centric tokens.

MonoX Protocol is a blockchain-based platform that groups deposited tokens into virtual pairs with its own stablecoin, vUSD. It uses a single liquidity pool design to offer lower trading fees and capital efficiency.

Bluefin operates a decentralized derivatives exchange that leverages innovative blockchain technology to facilitate access to global financial markets. The platform is designed for both novice and experienced traders, offering features such as leverage trading, short selling, and rapid trade settlement. By combining the security and transparency of decentralized systems with the efficiency and low costs typically associated with centralized exchanges, Bluefin aims to democratize trading for users worldwide. The company is supported by a group of prominent investors, enhancing its position in the competitive trading landscape.

Cybertino Lab is a platform where users can create, own, and play with virtual assets and connect with their communities through NFTs.

Ondo Finance develops a cryptocurrency trading platform that democratizes decentralized finance. Users can choose between downside protection and higher returns, allowing them to tailor their risk tolerance according to market volatility.

Tessera's mission is to curate the most extraordinary collective ownership experiences produced by the greatest creators, builders, and leaders. Tessera's vision is a world where anyone can have the opportunity to collectively own and govern things they value, without reliance on central gatekeepers to execute decisions and actions on their behalf.

Nine Chronicles is a fully decentralized RPG powered by the players.

Hedgehog Markets operates a decentralized prediction markets platform on the Solana blockchain. This platform offers users the ability to trade based on collective beliefs and insights, facilitating discussions around various topics such as politics, economics, and decentralized finance. Users can earn yields on their funds while engaging in these markets, all without the need to surrender custody of their assets to a central authority. By providing accessible and verifiable market opportunities, Hedgehog Markets aims to harness the wisdom of crowds for informed decision-making.

The BlockArt protocol and ecosystem empower creators with NFT tooling for blockchain-generated data art.

Ratio Finance is a decentralized finance protocol that improves liquidity and reduces risk for both retail and institutional participants. It offers permissionless asset‑management tools that redeploy liquidity‑provider tokens into yield farms and swap them into supported assets. The platform’s risk‑rating algorithms help users maximize leverage against deposited collateral while preserving the yield of their liquidity‑provider positions. Borrowers can repay debt using advanced portfolio‑theory techniques, giving them greater control over their financial transactions. The company’s long‑term ambition is to become the leading decentralized finance risk‑rating agency.

Axelar develops interoperability software connecting blockchain ecosystems, applications, and users. Founded in 2020 by Sergey Gorbunov and Georgios Vlachos, Axelar enables developers to build cross-chain decentralized applications using its protocol suite.

Superfluid Finance develops an online cash streaming protocol aimed at revolutionizing asset movement in decentralized finance. The protocol focuses on token standardization and facilitates various financial transactions such as subscription funds, salaries, and rewards. By automating recurring transactions and enabling single on-chain exchanges, Superfluid provides customers with continuous settlement and per-second netting, enhancing capital efficiency in the decentralized finance landscape.

Switchboard operates a multichain oracle network that facilitates the integration of various data types onto the Solana blockchain. Its platform enables developers to create high-performance data feeds from any API, streamlining the process of publishing data on-chain. Key features include the ability to locate data sources, define feeds, and connect these feeds to projects, allowing developers to build data feeds and request randomness quickly and efficiently. By simplifying the process of bringing data onto the blockchain, Switchboard aims to empower the Solana community and enhance the development of decentralized applications.

Minti enables creators to convert their social media posts into non-fungible tokens (NFTs), allowing them to monetize their content. Users can mint audio and video posts from Instagram and Twitter, turning their social content into tradeable digital assets.

Anima operates as an engine and marketplace focused on creator-driven augmented reality (AR) experiences, specifically through the sale of non-fungible tokens (NFTs). The company's platform enhances the viewing and sharing of NFT art and collectibles, offering users a unique perspective on digital assets. By leveraging advanced technology, Anima aims to improve the traceability and presentation of these digital collectibles, fostering a more engaging experience for both customers and owners.

Goldfinch is a credit platform that offers crypto loans without collateral. It also offers capital in a digital currency by expanding access to capital in emerging markets and offers a stable yield to the lenders, enabling the empowerment of financial inclusion in emerging markets. The company was founded in 2020 by Mike Sall and Blake West.

Greenwood Labs operates as a decentralized finance platform that aims to optimize the borrowing experience for cryptocurrency users. The platform helps borrowers reduce their interest payments by automatically sourcing loans from lending protocols with the lowest available interest rates. By integrating and comparing the diverse offerings of various decentralized lending protocols, Greenwood Labs simplifies the borrowing process through a user-friendly, protocol-agnostic interface. Additionally, the company has developed a web application designed to enhance customer support for web3 users. This application replaces traditional communication channels like Discord with a more efficient customer support system that leverages artificial intelligence tools. By consolidating essential support resources into a single platform, Greenwood Labs enables decentralized finance teams to address and resolve customer inquiries more effectively and quickly.

PureStake is a blockchain infrastructure company that builds and operates infrastructure, APIs, and tooling for public blockchain networks. It supports networks such as Algorand, offering services and products including the AlgoSigner wallet extension, API-as-a-service, goalseeker block explorer, and infrastructure and consulting services for private and co-chain deployments; and Polkadot, including validators and Moonbeam smart contract support, with consulting services. The company provides a cloud-based platform that offloads infrastructure management and focuses on application development, featuring automated provisioning, globally distributed nodes, and robust security to enable staking and validator activities. Founded in 2019 and based in Burlington, Massachusetts.

Automata Network is a decentralized protocol that offers middleware-like privacy services for decentralized applications across various platforms, including Ethereum, Polkadot, and Binance Smart Chain. Its focus is on delivering traceless privacy, which enhances user trust in computing systems by ensuring the authenticity of operations on-chain. By facilitating high assurance and frictionless computation, Automata Network aims to empower clients to maintain privacy while engaging in decentralized activities.

DFX Finance is a decentralized finance exchange protocol on the Ethereum blockchain that enables the trading of fiat-backed stablecoins. It uses a tuned bonding curve and real-world price feeds to provide a structured, decentralized trading experience for stablecoins such as USDC, CADC, EURS, and XSGD, supporting a broad range of blockchain-powered DeFi applications.

Convergence Finance operates as a decentralized interchangeable asset protocol focused on facilitating the exchange of tokenized real-world assets. By leveraging blockchain technology and smart contracts, the company has developed a decentralized exchange platform that employs an automated market maker model. This innovative approach aims to enhance liquidity for tokenized assets, thereby transforming trading practices for both real-world and crypto-native investments. Convergence Finance prioritizes greater transparency and inclusivity, making it easier for all investors to access and trade these assets.

Async Art, Inc. operates an innovative online platform that connects artists and collectors in the realm of programmable art. Founded in 2019 and based in Fort Bragg, California, Async Art utilizes the Ethereum blockchain to facilitate the creation, collection, and trading of unique digital artworks. The platform allows users to own distinct components of a piece, referred to as "Layers," which interact with a central "Master" work. This structure enables multiple owners to independently modify their respective layers within parameters set by the artist, fostering a collaborative and dynamic art experience. For example, one user may control the sky in a landscape painting, while another controls a figure, and an AI adjusts elements based on external factors such as market trends. This approach aims to redefine the art world by integrating technology and user participation in the creative process.

Armor develops a dynamic cover brokerage protocol for decentralized finance to serve cryptocurrency investors. Founded in 2021, Armor is a DeFi coverage aggregator that makes securing your DeFi assets against hacks as easy as possible. Ease wants to make DeFi as easy and safe as possible. They aim to cover every dollar in DeFi so that users can finally feel at ease.

Saddle Finance is a financial technology company that operates an automated market maker (AMM) platform specifically designed for trading pegged value crypto assets. The platform facilitates trading by utilizing a tokenized bitcoin pool, which provides deep on-chain liquidity. This configuration allows traders to execute transactions with minimal slippage and low transaction fees, enhancing the efficiency of trading pegged assets. Through its innovative approach, Saddle Finance aims to optimize the trading experience for users engaged in the cryptocurrency market.

Bluefin operates a decentralized derivatives exchange that leverages innovative blockchain technology to facilitate access to global financial markets. The platform is designed for both novice and experienced traders, offering features such as leverage trading, short selling, and rapid trade settlement. By combining the security and transparency of decentralized systems with the efficiency and low costs typically associated with centralized exchanges, Bluefin aims to democratize trading for users worldwide. The company is supported by a group of prominent investors, enhancing its position in the competitive trading landscape.

Swivel Finance is a company based in Austin, Texas, founded in 2020 that specializes in creating an online lending platform. It offers a decentralized protocol designed for fixed-rate lending and interest-rate derivatives, allowing lenders to secure fixed-rate interest rates on their ERC-20 tokens. The platform is characterized by its low transaction overhead and reduced risk for users, facilitating a more stable lending environment in the decentralized finance space.

Axelar develops interoperability software connecting blockchain ecosystems, applications, and users. Founded in 2020 by Sergey Gorbunov and Georgios Vlachos, Axelar enables developers to build cross-chain decentralized applications using its protocol suite.

Acala Network is a blockchain-based platform focused on decentralized finance and stablecoin solutions. Based in the United States, it facilitates cross-blockchain transactions, allowing users to send and receive USD across various blockchains connected to the Polkadot network. The platform offers a range of financial tools, including a multi-collateralized stablecoin backed by diverse cross-chain assets, a trustless staking derivative, and a decentralized exchange. These features are designed to enhance liquidity and support the development of innovative financial applications, making transactions more convenient and secure for users.