Newman Capital

Newman Capital is a venture capital firm established in 2021 and headquartered in Hong Kong, with a presence in both the Asia-Pacific region and the United States. The firm specializes in early-stage investments, primarily focusing on startups that are pioneering technologies in the blockchain and digital asset sectors. Newman Capital aims to identify aspirational founders and innovative projects in Web3, leveraging its extensive network and resources to foster growth and scalability. Its investment strategy emphasizes consumer applications, development enablers, and blockchain infrastructure, allowing it to connect diverse markets and communities effectively.

Anthony Cheng

Partner

Adrian Lai

Founder and Managing Partner

Cyrus I.

Partner

21 past transactions

Taproot Wizards

Series A in 2025
Taproot Wizards is a company focused on harnessing the capabilities of Bitcoin through its innovative Ordinals project. It specializes in creating a unique collection of artistic images featuring wizards, which allows users to inscribe data onto satoshis, the smallest units of Bitcoin. This process effectively generates Non-Fungible Tokens (NFTs) within the Bitcoin network, expanding the creative possibilities on the platform. By combining art and blockchain technology, Taproot Wizards aims to enhance the use cases of Bitcoin beyond traditional transactions.

Liquidium

Seed Round in 2024
Liquidium is a decentralized peer-to-peer lending platform operating exclusively on the Bitcoin blockchain. It enables users to borrow and lend native Bitcoin using Ordinal Inscriptions, a novel form of digital assets, as collateral. Users can lock their Ordinals as collateral to borrow Bitcoin, retaining ownership and exposure to their assets. The platform facilitates lending through Partially Signed Bitcoin Transactions and validates loan outcomes using DeepLake oracles, ensuring a trust-minimal and custodian-free solution. Liquidium is the leading Bitcoin NFT lending protocol by volume on the Stacks blockchain.

Arch

Seed Round in 2024
Arch is a Blockchain Infrastructure Premier Bitcoin-Native Application Platform

Blade of God X

Seed Round in 2024
Blade of God X provides cross-platform play as an optimum medium and way of interaction between people and the virtual world.

Inference Labs

Seed Round in 2024
Inference Labs specializes in securing and integrating artificial intelligence (AI) models within decentralized systems. It employs zero-knowledge cryptography to protect the intellectual property of AI operators, ensuring the integrity of off-chain AI models without revealing sensitive data. The company's platform facilitates the efficient use of AI in Web3 environments, offering tools for owners, users, and operators, and enabling AI integration with reduced counterparty risk.

BlockGames

Seed Round in 2024
BlockGames delivers a cross-game and decentralized player network driven by Universal Player Profiles.

ZeroLend

Seed Round in 2024
ZeroLend is a pioneering fintech company that operates a decentralized lending platform on various blockchain networks, including Linea, zkSync, Blast, and Manta. The platform aims to streamline borrowing and lending processes for digital assets, eliminating the need for intermediaries like traditional banks. It offers a secure, transparent, and user-friendly lending experience, enabling direct interactions between borrowers and lenders.

BitFlow Finance

Pre Seed Round in 2024
BitFlow Finance offers bitcoines to trade while utilizing the capital,network, and security of Layer 1 Bitcoin, by eliminating middlemen and intermediaries.

Taproot Wizards

Seed Round in 2023
Taproot Wizards is a company focused on harnessing the capabilities of Bitcoin through its innovative Ordinals project. It specializes in creating a unique collection of artistic images featuring wizards, which allows users to inscribe data onto satoshis, the smallest units of Bitcoin. This process effectively generates Non-Fungible Tokens (NFTs) within the Bitcoin network, expanding the creative possibilities on the platform. By combining art and blockchain technology, Taproot Wizards aims to enhance the use cases of Bitcoin beyond traditional transactions.

Conflux Network

Venture Round in 2023
Conflux Network is an open and decentralized platform designed to support digital assets and applications through its layer 1 public blockchain. It is recognized as the only regulatory compliant, public, and permissionless blockchain in China, utilizing a directed acyclic graph (DAG) structure and innovative algorithms. This unique framework enables a borderless ecosystem for cryptocurrency projects, facilitating the integration of advanced blockchain technology with business applications. By accelerating the adoption of blockchain solutions, Conflux Network aims to foster a globally-minded technological environment that promotes collaboration and innovation within the digital economy.

Xverse

Seed Round in 2023
Xverse develops a user-friendly Bitcoin wallet. It is available for Chrome on desktop and for iOS and Android.

YoDayo

Seed Round in 2023
Yodayo is a developer of an artificial intelligence art platform tailored for anime enthusiasts and gaming communities. The platform allows users to explore AI-generated anime art, create images using an AI art generator, and share their creations with fellow fans. Additionally, Yodayo offers tools for developing motion-captured avatars, facilitating content creation through artificial intelligence. By catering to the interests of gamers and anime fans, Yodayo fosters a creative space for expressing appreciation for virtual idols and characters.

Openfort

Seed Round in 2023
Openfort is a developer of online crypto tools focused on creating economic infrastructure for the blockchain gaming industry. The company provides software solutions that enable projects of various sizes to onboard and monetize users and assets on-chain. Openfort aims to enhance the web3 gaming experience by offering robust technology for managing and expanding crypto accounts for gamers, while also supplying developers with essential tools for blockchain gaming. This approach supports the growth and scalability of blockchain gaming initiatives, making it easier for developers to innovate and engage users in this emerging market.

Scroll.io

Venture Round in 2023
Scroll.io provides a native zkEVM scaling solution for Ethereum. The company upholds the Ethereum network's high-security features while offering users nearly instantaneous, inexpensive transactions.

Orb Labs

Seed Round in 2023
Orb Labs is engaged in the development of a blockchain interoperability platform that facilitates cross-chain messaging protocols and omnichain applications. The company aims to create tools and protocols that enable seamless communication between different blockchains. By focusing on secure multichain solutions, Orb Labs provides both developers and consumers with the necessary infrastructure to interact with multiple blockchain networks efficiently. This approach enhances the user experience and promotes broader adoption of blockchain technology across various applications.

Kingdomverse

Seed Round in 2023
Kingdomverse is a pioneering mobile gaming metaverse that creates an interconnected ecosystem for mobile gamers. It features a variety of mobile games linked by a dynamic open-world environment. The platform serves as a social hub where players can engage with one another, form guilds, construct their own kingdoms, and participate in battles to conquer new territories. By incorporating NFTs and tokens, Kingdomverse aims to enhance the gaming experience and foster community interaction, making it accessible and engaging for a broad audience.

Suberra

Seed Round in 2022
Suberra is a company that specializes in facilitating cryptocurrency payments for businesses, aiming to enhance the user experience in this evolving financial landscape. It offers a range of services, including the acceptance of crypto payments for commerce, one-time transactions, and subscription models. Suberra's payment infrastructure is designed to enable safe and secure transactions, providing both consumers and merchants with a streamlined process for using cryptocurrencies and stablecoins. This approach not only simplifies payment acceptance for businesses but also empowers consumers to transact more freely and efficiently in their everyday purchases.

Anfin

Seed Round in 2022
AnFin is a fintech company focused on democratizing financial investment in Vietnam, particularly for novice retail investors. By developing a digital trading platform, AnFin aims to enhance liquidity and transparency in the investment landscape. The company seeks to empower individuals by providing them with financial education, enabling them to form investment strategies and access a variety of asset classes. Through strategic partnerships and innovative technology, AnFin aspires to create an interconnected ecosystem that fosters collaboration among investors and facilitates their journey into wealth management and investment opportunities.

Orderly Network

Series A in 2022
Orderly Network, established in April 2022, operates a decentralized exchange protocol built on the NEAR blockchain. The company's core business is developing robust liquidity layer infrastructure for various dApps (decentralized applications) to utilize and construct upon. Orderly Network distinguishes itself by offering market-leading execution with low latency and minimal fees, along with access to ample liquidity options. Its platform supports permissionless spot and future order book trading infrastructure, enabling users to tailor their trading experiences while mitigating liquidity concerns.

The Kingdom

Seed Round in 2022
The Kingdom is an emerging open-world metaverse designed to deliver culture-led experiences. It aims to serve as a digital gaming platform that fosters a social hub for users, allowing them to explore immersive cities, engage in missions and quests, and customize their NFT avatars. The Kingdom focuses on integrating various cultural elements, including fashion and NFT projects, into the digital realm. It seeks to bridge the divide between the physical world and the metaverse, enabling players to collaborate, create, and earn rewards through play-to-earn gaming. Users can also interact with their existing NFT assets while exploring this futuristic environment.

Gemie

Seed Round in 2022
Gemie is a metaverse platform designed to transform the entertainment industry by enabling celebrities and entertainment intellectual properties to create customized virtual planets and exclusive digital collectibles. This platform allows fans to engage directly with top-tier celebrities in Asia through utility-focused non-fungible tokens (NFTs) and licensed digital collectibles. By offering unique interactive experiences, Gemie fosters a deeper connection between fans and their favorite stars.
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