YZi Labs

YZi Labs is a venture firm that focuses on investing in and supporting startups across various stages of development, particularly in the domains of Web3, artificial intelligence, and biotechnology. The company actively seeks out promising blockchain entrepreneurs and projects, offering them necessary financing and resources to foster innovation and growth within the blockchain ecosystem. By identifying ventures with strong fundamentals, YZi Labs aims to empower these startups and contribute to the advancement of cutting-edge technologies.

Past deals in Bitcoin

Hemi Labs

Seed Round in 2024
Hemi Labs is a developer of a modular blockchain network that enhances the capabilities of Bitcoin and Ethereum by integrating them into a unified supernetwork. This innovative approach facilitates improved interoperability and scaling, enabling users to transfer assets seamlessly between the two leading blockchain platforms. Hemi Labs emphasizes security through a concept known as "superfinality," which is designed to surpass the security standards of Bitcoin. The company also focuses on increasing blockchain programmability and cross-chain portability, offering new opportunities for developers and users alike. Co-founded by Jeff Garzik, a former Bitcoin core developer, and Max Sanchez, the inventor of the Proof-of-Proof consensus protocol, Hemi Labs is supported by a team of experienced blockchain engineers and strategic partners.

Corn

Seed Round in 2024
Corn is a new Ethereum Layer 2 network that aims to be the best platform for utilizing Bitcoin.

Zest Protocol

Seed Round in 2024
Zest Protocol operates an innovative, on-chain Bitcoin lending platform. It enables Bitcoin holders to earn more BTC or borrow against their holdings, creating a productive and secure borrowing and lending ecosystem. The platform minimizes risks such as counterparty risk by leveraging Bitcoin and Layer 2 solutions. Users can participate in yield pools using Stacks and Bitcoin addresses, with rewards provided in USDC/T on Ethereum, denominated in USD.

UXUY

Seed Round in 2024
UXUY is developing a decentralized trading platform that leverages multi-party computation (MPC) technology. The company focuses on creating a cross-chain liquidity aggregation protocol that simplifies access to liquidity across various blockchain networks. By offering a stablecoin-centric ecosystem, UXUY enables seamless integration through versatile APIs and libraries. This approach allows investors to conduct cross-chain payments efficiently, enhancing their trading experience and providing greater flexibility in managing assets across multiple chains.

NGRAVE

Series A in 2022
NGRAVE is a company that specializes in providing a comprehensive solution for managing cryptocurrency securely. It has developed a hardware wallet that ensures private keys are never exposed, maintaining their security by keeping them completely offline during key generation and transaction signing. This design protects against malicious hacking and online threats, allowing users to store their cryptocurrency safely. NGRAVE's offerings include a hardware wallet and a key backup system, positioning the company as a leader in secure crypto management solutions.

MathWallet

Series B in 2020
MathWallet is a multi-platform crypto wallet that supports more than 50 public blockchains and enables storage of Bitcoin and major altcoins like Ethereum, EOS, Tron and more. Additionally, it features cross-chain token exchanges, a multi-chain DApp store and operates nodes for PoS chain.

Bitsika

Seed Round in 2019
Bitsika is a payment application designed to facilitate instant money transfers across countries, specifically catering to the needs of users in Africa. The app allows individuals to receive money from anywhere in the world without incurring fees. Users can easily sign up using their Google or Apple accounts and create a unique username that begins with a dollar sign. In addition to enabling straightforward money transfers, the application also functions as a digital wallet for social payments, allows for the creation of virtual cards, and provides options for trading bitcoins. This combination of features aims to simplify the process of sending and spending money for its users.

Koi Trading

Seed Round in 2018
Koi Trading is an over-the-counter (OTC) trading desk that facilitates connections between global cryptocurrency markets. Based in San Francisco, with additional offices in Hong Kong and Europe, Koi Trading provides a reliable and efficient OTC pathway for institutional investors and high-net-worth individuals to engage with blockchain assets. The firm specializes in bridging liquidity pools, offering services that include virtual currency exchanges and stablecoins. Koi Trading is trusted by brokerage firms, exchanges, miners, and cryptocurrency funds worldwide to ensure optimal execution in major cryptocurrencies and fiat currency pairs.

Avalon Finance

Avalon Finance is a decentralized protocol that offers a BTC liquidity mechanism for production.
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