Hashed is a venture capital firm founded in 2017, with headquarters in San Francisco and Seoul. It is recognized as the largest crypto asset community builder in South Korea, focusing on empowering networks and innovators to foster the decentralized future. The team comprises experienced entrepreneurs and systems engineers dedicated to promoting the global adoption of blockchain technology through education and impactful initiatives. Hashed operates several platforms, including Hashed Lounge, a prominent blockchain meetup group; Hashed Post, a cryptocurrency blog that features interviews with industry leaders; and Hashed Night, a renowned conference and networking brand. The firm is committed to defining its role as a technology and founder-focused entity within the blockchain ecosystem.
Merkle Trade is a developer of a decentralized trading platform that facilitates trading in commodities, currencies, and cryptocurrencies. The platform offers gamified trading experiences and instant rewards, enhancing user engagement and accessibility. By incorporating advanced user-centric features, Merkle Trade aims to provide a comprehensive and accessible decentralized exchange for its users.
Blackwing
Seed Round in 2024
Blackwing runs a range of modular apps while retaining decentralization, and it is distinguished by leverage trading.
Backpack
Series A in 2024
Backpack is a fully regulated global cryptocurrency exchange that innovates to deliver an engaging, enjoyable, and simple trading environment for both seasoned and new web3 users.
bbox
Pre Seed Round in 2024
bbox offers professional trading on the Decentralized Perpetual Exchange and hybrid markets.
KTX Finance
Seed Round in 2023
KTX Finance is an online trading platform. It provides permissionless, decentralized on-chain trade of perpetuals.
MoHash
Seed Round in 2022
MoHash is a decentralized finance (DeFi) protocol that leverages crypto assets, particularly stablecoins, to facilitate access to global capital and liquidity for private debt in rapidly expanding economies. The protocol allows investors to earn sustainable and scalable high yields by issuing a fungible token, which represents a claim on a diversified pool of risk-managed and financially regulated debt instruments. This approach aims to safeguard investors' interests while enabling them to capitalize on emerging markets undergoing technological advancements in financial services. Through its innovative model, MoHash seeks to provide a pathway for higher returns in the evolving landscape of decentralized finance.
TravClan
Seed Round in 2022
TravClan is a travel support platform that assists travel agents and entrepreneurs in enhancing their online business. By connecting them with various suppliers, including destination management companies, tour operators, and hotels, TravClan enables users to book flights, accommodations, and holidays at competitive B2B prices. The platform offers features such as payment gateway integration, data protection, custom package creation, real-time quotes, and an automated travel news section. Additionally, it allows travel agents to generate free leads by sharing travel deals across their social networks. TravClan's vision is to empower small and medium-sized businesses in the travel industry, aiming to onboard over 10 million such businesses and achieve a gross merchandise value of over $10 billion by 2025.
Stockal
Series A in 2022
Stockal is a company that operates a global investing platform focused on facilitating cross-border savings and investments. The platform is designed to assist investors in navigating mature capital markets, allowing them to manage their investment portfolios effectively. Stockal enables users to monitor the health of their investments, make informed decisions, and explore various stocks and investment themes. Through its services, Stockal aims to enhance the investment experience for individuals seeking opportunities in international markets.
Seoul Trading Unlisted
Seed Round in 2021
Seoul Trading Unlisted operates an online stock brokerage platform focused on trading shares of pre-IPO companies. The platform facilitates financial investments and transactions, allowing users to invest in or sell stocks through the Seoul Exchange. Shareholders benefit from the ability to sell a portion of their shares without waiting for an IPO or acquisition, which provides access to private company stocks and potential profit opportunities. Additionally, the company offers consulting services to support its clients in their investment endeavors.
TravClan
Seed Round in 2021
TravClan is a travel support platform that assists travel agents and entrepreneurs in enhancing their online business. By connecting them with various suppliers, including destination management companies, tour operators, and hotels, TravClan enables users to book flights, accommodations, and holidays at competitive B2B prices. The platform offers features such as payment gateway integration, data protection, custom package creation, real-time quotes, and an automated travel news section. Additionally, it allows travel agents to generate free leads by sharing travel deals across their social networks. TravClan's vision is to empower small and medium-sized businesses in the travel industry, aiming to onboard over 10 million such businesses and achieve a gross merchandise value of over $10 billion by 2025.
Wavebridge
Series A in 2021
Wavebridge is a prominent institutional digital asset company founded in November 2018, specializing in both traditional and cryptocurrency finance. The company offers a sophisticated digital asset management platform tailored for institutions and corporations, facilitating efficient trade execution and balance management. By connecting digital asset exchanges and blockchain wallets, Wavebridge addresses the challenges faced by organizations in executing large volume trades securely and optimally. Additionally, the platform provides reliable accounting and administrative services that adhere to legal and transparent procedures, ensuring a comprehensive suite of investment solutions enhanced by advanced data processing and artificial intelligence technology.
Unbound Finance
Seed Round in 2021
Unbound Finance operates a decentralized finance platform that specializes in unlocking liquidity from automated market-making pools. By allowing users to utilize liquidity pool tokens as collateral, the platform enables the minting of synthetic assets while offering a debt-free liquidity provision system. This approach facilitates the compounding of earnings from liquidity pool tokens, enhancing the ability of users to access liquidity across various platforms. Unbound Finance serves as a treasury for these tokens, streamlining the process of unlocking capital tied up in existing liquidity pools.
Flav
Seed Round in 2021
'Flav' is a luxury exchange that helps trade second-hand luxury goods based on NFT (Non-Fungible Token)-based appraisals.
Hyperithm
Series B in 2021
Hyperithm is a prominent digital asset financial service provider based in Tokyo and Seoul, focusing on cryptocurrency services for institutional investors and high-net-worth individuals. The company specializes in algorithmic and high-frequency trading strategies, emphasizing market-neutral approaches. As a fully regulated Virtual Asset Service Provider, Hyperithm also offers comprehensive prime brokerage services, facilitating streamlined crypto trading for a diverse clientele that includes publicly listed companies, family offices, and venture capital firms. The firm is committed to supporting the Web3 ecosystem by investing in Layer 1 and Layer 2 solutions, decentralized applications, gaming projects, and asset managers. Co-founded by an ex-Morgan Stanley investment banker and a Forbes 30 Under 30 entrepreneur, Hyperithm attracts top talent, consisting of seasoned professionals and award-winning scholars. Through the use of innovative algorithms developed in Rust, the company aims to create a robust digital asset gateway, combining automated trading with advanced risk management techniques.
dYdX
Series B in 2021
dYdX is a decentralized exchange that provides traders with a secure and efficient platform for various financial activities. Established in 2017 by Antonio Juliano, a former engineer at Coinbase and Uber, dYdX operates on audited smart contracts on Ethereum, ensuring transparency and security without relying on a central authority. The platform offers a range of trading options, including perpetual, margin, and spot trading, along with borrowing and lending pools. Users can earn interest on deposits or take loans at nominal fees, enabling them to trade on margin with customized leverage. dYdX aims to create an open financial system, granting users access to vital financial tools while facilitating fully collateralized loans for short-selling.
Seoul Trading Unlisted
Seed Round in 2020
Seoul Trading Unlisted operates an online stock brokerage platform focused on trading shares of pre-IPO companies. The platform facilitates financial investments and transactions, allowing users to invest in or sell stocks through the Seoul Exchange. Shareholders benefit from the ability to sell a portion of their shares without waiting for an IPO or acquisition, which provides access to private company stocks and potential profit opportunities. Additionally, the company offers consulting services to support its clients in their investment endeavors.
Seoul Trading Unlisted
Seed Round in 2020
Seoul Trading Unlisted operates an online stock brokerage platform focused on trading shares of pre-IPO companies. The platform facilitates financial investments and transactions, allowing users to invest in or sell stocks through the Seoul Exchange. Shareholders benefit from the ability to sell a portion of their shares without waiting for an IPO or acquisition, which provides access to private company stocks and potential profit opportunities. Additionally, the company offers consulting services to support its clients in their investment endeavors.
Axie Infinity
Seed Round in 2019
Axie Infinity is a gaming platform that allows players to collect, raise, and battle fantasy creatures known as Axies, utilizing the Ethereum blockchain. Players can create teams of Axies to compete in battles and engage in a marketplace where they can buy, sell, and trade these digital creatures. The platform promotes a vibrant community centered on digital pet ownership, enabling users to earn in-game resources that can be exchanged for real money. By combining gaming with blockchain technology, Axie Infinity offers an engaging experience that merges entertainment with economic opportunities for its users.
Pundi X
Initial Coin Offering in 2017
Pundi X is a blockchain company focused on enhancing everyday transactions through decentralized technology. It has developed two pioneering devices: the XPOS, a blockchain-based point of sale solution that simplifies buying, selling, and transacting in digital currencies for merchants and customers, and the Blok On Blok (BOB) phone, which allows users to communicate and browse using blockchain technology without reliance on centralized service providers. Additionally, Pundi X is building the Function X ecosystem, an open-source, scalable, and secure framework designed for developers and companies to create decentralized applications that empower users to control their own data. The company also offers a mobile payment platform that facilitates cashless transactions and micro-loans through cryptocurrency, providing an easy-to-use interface for both commercial and domestic users to make secure digital payments from various wallets.
WAX
Seed Round in 2017
WAX is a decentralized platform that enables anyone to operate a fully functioning virtual marketplace with zero investment in security, infrastructure, or payment processing. Developed by the founders of OPSkins, the world’s leading marketplace for online video game assets, WAX is designed to serve the 400+ million online players who already collect, buy and sell.
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