Nous Research
Series A in 2025
Nous Research specializes in developing human-centric artificial intelligence models. Their focus is on creating flexible and adaptable AI systems that enhance reasoning and align with practical user experiences. They achieve this by employing open-source development, advanced language architecture, data synthesis, and fine-tuning techniques.
Privy
Venture Round in 2025
Privy creates authentication, authorization, and data control tooling to enable developers to create products that keep users safe. It creates simple, powerful APIs for managing user data, allowing them to easily integrate user data into their products. Privy bridges the gap between users' on-chain activity and their off-chain data, allowing users to create delightful experiences without putting themselves or the product at risk.
Mesh specializes in facilitating secure cryptocurrency transactions. It connects over 300 exchanges and wallets, allowing seamless deposits and payments. Additionally, Mesh enables stock trading and cross-platform crypto transfers, fostering financial connectivity among users.
Across Protocol
Initial Coin Offering in 2025
Across is a cross-chain bridge secured by UMA's optimistic oracle for L2s and rollups. It also optimized for capital efficiency with a single liquidity pool, a competitive relayer landscape, and a no-slippage fee model.
Irreducible
Series A in 2025
Ulvetanna is an Enterprise Grade Zero-Knowledge Proof Acceleration Platform supporting web3 technologies.
D3 its goal is to transform the domain name industry by effortlessly connecting Web 1-3.
Phantom is a digital wallet designed for decentralized finance and non-fungible tokens. It functions as a multichain wallet that supports multiple blockchains and applications, with a focus on Solana, enabling users to manage crypto and NFT assets across networks. The platform allows users to store, buy, send, receive, swap tokens, and collect NFTs in a single interface. It is accessible via mobile apps and browser extensions, providing cross-device usability for crypto activity. Phantom emphasizes secure access to funds and assets and aims to offer a straightforward, user-friendly experience for navigating DeFi and NFT ecosystems.
Noble XYZ
Series A in 2024
Noble XYZ is an asset issuance appchain that seeks to communicate and exchange assets directly with each other by using blockchain communication.
Ellipsis Labs
Venture Round in 2024
Ellipsis Labs is focused on developing Phoenix, a decentralized exchange platform built on the Solana blockchain. This platform features a fully on-chain and non-custodial limit order book, which allows users to engage in cryptocurrency trading with the ability to place limit orders. By facilitating atomic settlement of trades, Phoenix aims to enhance the trading experience by enabling users to avoid sudden price fluctuations and execute orders at their desired prices. The company's commitment to a crankless design ensures a more efficient trading process, positioning it as a significant player in the decentralized finance space.
Ithaca
Venture Round in 2024
Ithaca is a technology company focused on advancing the Bitcoin ecosystem. It aims to address significant challenges in the Bitcoin space by harnessing technologies from established Layer 2 solutions like Optimism and Starkware. The company's core product is an open-source Layer 2 testnet, designed to foster innovation in the crypto sector. Ithaca leverages the Reth Software Development Kit (SDK), empowering developers to build with state-of-the-art features and facilitating seamless onboarding, thereby drawing in the crypto developer community.
Sorella Labs
Seed Round in 2024
Sorella Labs is a technology company specializing in blockchain solutions. It is developing a decentralized protocol for on-chain liquidity markets, with a primary focus on addressing the Maximum Extractable Value (MEV) issues prevalent in the Ethereum ecosystem. The company employs advanced algorithms and blockchain analytics to identify and mitigate MEV-related attacks, ensuring fair transaction prices for DeFi users and enhancing the overall security and efficiency of the Ethereum network.
MetaDAO
Initial Coin Offering in 2024
MetaDAO is a technology company that develops a decentralized, autonomous platform for decision markets. This platform facilitates a pure market-based governance system, allowing traders to create and trade in decision markets, where the outcomes are influenced by market mechanisms and active stakeholder participation, rather than traditional governance structures.
Conduit operates as a platform focused on providing crypto native infrastructure aimed at supporting developers in the cryptocurrency space. The company collaborates with leading crypto engineering teams to develop a comprehensive suite of tools that facilitate the creation, deployment, and maintenance of smart contracts, particularly on the Ethereum network. By offering a visual programming environment, Conduit enables developers to build, test, and deploy smart contracts efficiently, utilizing various programming languages and libraries. This streamlined approach enhances the overall development process, empowering builders in the rapidly evolving field of cryptocurrency.
BabylonChain
Series B in 2024
Babylon builds security protocols to enhance the security of decentralized systems by leveraging Bitcoin's established security. The company's solutions include timestamping data on the Bitcoin blockchain and enabling Bitcoin holders to stake their coins on Proof-of-Stake blockchains without needing a custodian.
Farcaster
Series A in 2024
Farcaster is a decentralized social network designed to facilitate connections among users with shared interests, such as coders, fitness enthusiasts, and meme creators. The company is focused on enhancing user engagement by increasing daily active users and implementing developer-friendly features, including channels and direct messaging capabilities. By establishing an open protocol, Farcaster enables users to move their identities across various applications, akin to how email operates. Users can claim unique usernames and store their social data off-chain, ensuring ownership and control over their social graphs. This framework empowers developers to create innovative applications that leverage the network's capabilities.
Monad is a proof-of-stake blockchain and decentralized computation platform that focuses on high performance and portability. It features a scalar architecture with pipelined execution, which allows for efficient transaction throughput. This innovative design enables developers to create complex decentralized applications (dApps) capable of processing a large volume of transactions quickly. By combining advanced technology with a user-friendly framework, Monad aims to enhance the overall functionality and scalability of decentralized applications in the blockchain ecosystem.
Ellipsis Labs
Series A in 2024
Ellipsis Labs is focused on developing Phoenix, a decentralized exchange platform built on the Solana blockchain. This platform features a fully on-chain and non-custodial limit order book, which allows users to engage in cryptocurrency trading with the ability to place limit orders. By facilitating atomic settlement of trades, Phoenix aims to enhance the trading experience by enabling users to avoid sudden price fluctuations and execute orders at their desired prices. The company's commitment to a crankless design ensures a more efficient trading process, positioning it as a significant player in the decentralized finance space.
Succinct specializes in developing zero-knowledge infrastructure for software developers. It offers an open-source platform that enables developers to write and execute programs securely on any blockchain, with a focus on Ethereum. The platform allows for the reuse of existing crates and libraries, and generates proofs rapidly, ensuring high performance without compromising security.
Axiom enables smart contracts to securely compute over Ethereum's whole history, including transactions and receipts. Developers can send on-chain queries to Axiom, which are automatically completed with ZK-verified responses delivered back to the developer's smart contract.
Shadow is a crypto data platform that provides developers with the tools necessary to collect and analyze on-chain event data. The platform features a custom subgraph, an indexer, and a supercharged protocol analysis system, allowing for comprehensive access to peripheral contract data. By offering these capabilities, Shadow empowers developers to create improved applications and tools designed for the decentralized web.
Blast
Venture Round in 2023
Blast is an Optimistic Rollup-based Layer 2 network.
Privy creates authentication, authorization, and data control tooling to enable developers to create products that keep users safe. It creates simple, powerful APIs for managing user data, allowing them to easily integrate user data into their products. Privy bridges the gap between users' on-chain activity and their off-chain data, allowing users to create delightful experiences without putting themselves or the product at risk.
Dzone Finance
Series A in 2023
Dzone Finance is a cross-chain Dex and Bridge aggregator.
Friend.tech
Seed Round in 2023
Friend.tech is a technology company developing a decentralized social media platform. Its core product is a mobile application that enables users to tokenize their friendships, allowing them to buy, sell, and own shares of their connections. This unique approach facilitates private, shareholder-exclusive chats and enables users to transact using Ethereum (ETH).
Flashbots
Series B in 2023
Flashbots is a research and development company dedicated to improving the efficiency and transparency of Miner Extractable Value (MEV) in blockchain ecosystems. The company focuses on creating tools for miners and searchers to extract MEV in a more transparent and efficient manner. Flashbots aims to mitigate the negative impacts of current MEV extraction techniques, which can pose existential risks to state-rich blockchains like Ethereum. Their goal is to establish a permissionless, transparent, and fair ecosystem for MEV extraction and redistribution.
EDX Markets
Series A in 2023
EDX Markets operates as a digital asset marketplace. It caters to the needs of both crypto-native firms and large financial institutions. The company trades in various cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. EDX Markets combines innovative technology with financial services to enable safe and compliant trading of digital assets. It also provides trading resources and a UAT Environment for its users. The company is also known for its focus on hiring crypto talent, as stated by its CEO, Jamil Nazarali.
Utopia Labs is a company that specializes in developing an operating system tailored for decentralized autonomous organizations (DAOs). This platform facilitates the management of payment requests, payroll, and financial reporting for DAOs. By providing a comprehensive payment application, Utopia Labs enables users to send and receive payments instantly and without cost on a global scale. The system allows users to streamline the management of invoices and expenses for contributors through a single interface, automate recurring salary payments, and organize transactions using tags for enhanced transparency in reporting.
Conduit
Seed Round in 2023
Conduit operates as a platform focused on providing crypto native infrastructure aimed at supporting developers in the cryptocurrency space. The company collaborates with leading crypto engineering teams to develop a comprehensive suite of tools that facilitate the creation, deployment, and maintenance of smart contracts, particularly on the Ethereum network. By offering a visual programming environment, Conduit enables developers to build, test, and deploy smart contracts efficiently, utilizing various programming languages and libraries. This streamlined approach enhances the overall development process, empowering builders in the rapidly evolving field of cryptocurrency.
Prins Artificial Intelligence
Series A in 2023
Prins Artificial Intelligence is a service platform focusing on AI digital human training. The platform creates digital human identities for companies, brands, stars, celebrities, and everyone.
Irreducible
Seed Round in 2023
Ulvetanna is an Enterprise Grade Zero-Knowledge Proof Acceleration Platform supporting web3 technologies.
PapayaHub
Series B in 2022
PapayaHub is a platform for investing in the Papaya webcam studio network activities with 340 branches throughout Europe: in London, Berlin, Amsterdam, Paris, Madrid, and Prague.
Uniswap Labs is a software company founded in 2018 by Hayden Adams, who created the Uniswap Protocol, a decentralized platform for swapping digital assets. The protocol has facilitated $2.75 trillion in transaction volume since its inception. Uniswap Labs focuses on developing widely used decentralized finance (DeFi) products, including a user-friendly web interface, a self-custody mobile wallet, and an API tailored for professional market participants. The platform empowers liquidity providers and traders by offering a financial marketplace that is open and accessible to all. Utilizing smart contracts, it enables secure and decentralized on-chain conversions of assets, allowing users to trade tokens directly without intermediaries while defining asset prices based on the liquidity staked in the system.
nxyz is a company focused on enhancing the capabilities of builders, creatives, and entrepreneurs in the digital space by offering a robust blockchain indexing and data infrastructure. Its platform features a multi-chain API that transforms blockchain data into real-time, high-performance data streams. This allows engineers to access and interact with various blockchain elements, including wallets, transactions, NFTs, and smart contracts, while integrating both on-chain and off-chain information. By providing these tools, nxyz aims to facilitate the development of a more efficient and quality-oriented internet.
Exponential DeFi
Seed Round in 2022
Exponential DeFi platform makes it easy to discover, assess, and invest in DeFi yield opportunities. Anyone can become a lender or market maker with DeFi. Financial freedom is within everyone's reach when individuals have the ability to grow their wealth exponentially. Its platform helps investors assess the risk of DeFi yield opportunities so they can invest with confidence.
Exponential DeFi platform was founded in 2021 and is based in San Francisco, California.
Blowfish
Seed Round in 2022
Blowfish develops crypto security software for protecting web3 wallets, providing real-time fraud detection, transaction simulation, and user alerts to safeguard assets and prevent malicious transactions. The solution helps cryptocurrency users avoid fraud before it happens and aims to reduce churn and negative reviews by lowering support tickets, delivering a safer and more reliable user experience.
Limit Break
Venture Round in 2022
Limit Break is a blockchain gaming company focused on transforming the free-to-play gaming experience through Web3 technology. Founded by seasoned professionals in the mobile gaming sector, Limit Break aims to shift traditional fundraising methods by introducing free mint games, allowing game developers to monetize their creations and engage players in new ways. The company’s platform empowers game creators to sell assets and earn titles using blockchain technologies, enabling players to participate in immersive gaming experiences while collecting tokens and generating income.
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.
SignalPlus
Seed Round in 2022
SignalPlus is an enterprise technology firm specializing in making trading options for digital and cryptocurrency assets more accessible. It offers an AI-powered trading robot for automation, providing automated hedging and market-making solutions to help traders manage risks effectively.
SignalPlus
Series A in 2022
SignalPlus is an enterprise technology firm specializing in making trading options for digital and cryptocurrency assets more accessible. It offers an AI-powered trading robot for automation, providing automated hedging and market-making solutions to help traders manage risks effectively.
Magic Eden
Series B in 2022
Magic Eden is a community-focused company that operates a decentralized exchange platform tailored for cryptographic assets, specifically on the Solana blockchain. It provides an online marketplace where users can create, buy, and sell non-fungible tokens (NFTs), facilitating trade for digital creators. To strengthen its ties with the community, Magic Eden airdropped a collection called Magic Tickets to over 30,000 users. Holding a Magic Ticket grants access to the company's Discord-based decentralized autonomous organization, MagicDAO, which fosters community engagement through social programs and rewards. The company's commitment to serving its users underscores its mission to enhance the NFT trading experience.
Magic Eden
Series B in 2022
Magic Eden is a community-focused company that operates a decentralized exchange platform tailored for cryptographic assets, specifically on the Solana blockchain. It provides an online marketplace where users can create, buy, and sell non-fungible tokens (NFTs), facilitating trade for digital creators. To strengthen its ties with the community, Magic Eden airdropped a collection called Magic Tickets to over 30,000 users. Holding a Magic Ticket grants access to the company's Discord-based decentralized autonomous organization, MagicDAO, which fosters community engagement through social programs and rewards. The company's commitment to serving its users underscores its mission to enhance the NFT trading experience.
The Wildcard Alliance
Series A in 2022
Wildcard combines elements of arena based action, card collection & real time fan interaction to create the ultimate spectator sport.
Dework is a web3-based project management platform that facilitates the management of tasks and contributor applications within decentralized autonomous organizations (DAOs). The platform allows users to enhance their web3 profiles and engage with contributors by creating bounties, which can be paid using their own DAO tokens. Dework also integrates with Discord to streamline collaboration and communication among team members. By offering tools for credentialing and reputation building, Dework supports the growing ecosystem of web3 projects, enabling users to efficiently manage their workflows and incentivize contributions.
Lightspark
Seed Round in 2022
Lightspark is a company focused on enhancing the capabilities and utility of Bitcoin through the development of a crypto payment platform. This platform aims to provide an enterprise-ready infrastructure for open payments at scale, allowing businesses and developers to accept digital payments while facilitating immediate conversion to fiat currency. By leveraging the lightning network, Lightspark enables users to transform existing financial solutions and create new systems and services, thereby expanding access to digital payment technologies for a broader audience.
Jambo is a technology company building an on-chain mobile network driven by the JamboPhone, a crypto-native smartphone and ecosystem that combines hardware, software, and decentralized services. It operates a distributed mobile-network foundation with nodes across many countries to enable decentralized use cases such as validators and peer-to-peer networking while reducing connectivity costs. The platform includes the JamboApp, which features a multi-chain wallet, an ecosystem dApp store, and opportunities to earn rewards. It also supports gaming smartphones with integrated blockchain technology and financial software to connect users with the global on-chain economy. Jambo aims to onboard millions into the on-chain economy by enabling access to games, cryptocurrency trading, and decentralized finance, with the Jambo Token powering rewards and ecosystem incentives.
LootRush
Seed Round in 2022
LootRush is a Web3 videogame platform that develops an NFT rental service to lower financial barriers for play‑to‑earn games. The platform allows users to rent non‑fungible tokens for a variety of titles, granting access to exclusive digital assets without requiring upfront investment. By simplifying the acquisition of NFTs, LootRush enables players to start playing, earn rewards, and experience blockchain gaming benefits without significant financial commitment.
Sky Mavis
Series C in 2022
Sky Mavis is a technology company focused on developing decentralized applications and services, particularly within the realms of blockchain and video gaming. As a blockchain studio, it creates immersive virtual worlds featuring player-owned economies and marketplaces for trading digital assets. This innovative approach empowers gamers with economic freedom, allowing them to buy and sell collectibles, thereby enhancing their gaming experience and engagement. Sky Mavis aims to redefine the landscape of digital gaming through its commitment to creating practical applications that leverage blockchain technology.
Fractal
Seed Round in 2022
Fractal is a blockchain-based marketplace for in-game assets and virtual worlds that lets users discover, purchase, and sell gaming NFTs. The company provides a platform to tokenize video games and virtual items as non-fungible tokens, enabling true ownership for players and new layers of programmability and interoperability across games. It supports an in-game economy with a digital asset marketplace and aims to empower developers to integrate NFT-based assets into games. Fractal is headquartered in Solana, United States, and was founded in 2021.
Blur aims to solve these problems and move the NFT space toward becoming institutional-grade while increasing decentralization.
Ribbon Finance
Venture Round in 2022
Ribbon Finance creates structured products that deliver sustainable yield using financial engineering for DeFi. The company allows investors to profit when the price of ETH goes above.
Optimism is an Ethereum-based decentralized infrastructure platform founded in 2019. It enables instant transactions and scalable smart contracts through its layer 2 scaling solution, helping developers build on the blockchain.
Magic Eden
Series A in 2022
Magic Eden is a community-focused company that operates a decentralized exchange platform tailored for cryptographic assets, specifically on the Solana blockchain. It provides an online marketplace where users can create, buy, and sell non-fungible tokens (NFTs), facilitating trade for digital creators. To strengthen its ties with the community, Magic Eden airdropped a collection called Magic Tickets to over 30,000 users. Holding a Magic Ticket grants access to the company's Discord-based decentralized autonomous organization, MagicDAO, which fosters community engagement through social programs and rewards. The company's commitment to serving its users underscores its mission to enhance the NFT trading experience.
Gauntlet is a financial modeling and simulation company focused on enhancing the safety and efficiency of blockchain protocols and smart contracts. Through its advanced platform, Gauntlet employs agent-based simulation techniques to analyze and optimize key parameters of various protocols. This approach allows the company to model market risks and economic incentives effectively, helping clients improve their capital efficiency and maximize returns for stakeholders while minimizing associated risks. By driving sustainable growth for leading crypto protocols, chains, and on-chain treasuries, Gauntlet plays a crucial role in enhancing the financial performance of businesses in the blockchain space.
Praxis is a membership-based platform aiming to build an autonomous city. Cities needed to be built around a source of economic opportunity to attract businesses that would create jobs and entice people to relocate. The platform enables people to live healthier, more purposeful lives. Praxis was founded in 2020 and is headquartered in New York.
FTX is a cryptocurrency exchange company that specializes in developing a professional trading platform, supporting features such as quarterly and perpetual futures, leveraged tokens, and OTC trading. It aims to cater to both professional trading firms and first-time users, offering an intuitive and robust trading environment. FTX was incubated by Alameda Research, ensuring it had industry order books from its inception. Additionally, FTX Ventures, its investment arm, provides equity and/or token investments to blockchain companies at various stages, supporting founders and maintaining their decision-making flexibility.
Phantom is a digital wallet designed for decentralized finance and non-fungible tokens. It functions as a multichain wallet that supports multiple blockchains and applications, with a focus on Solana, enabling users to manage crypto and NFT assets across networks. The platform allows users to store, buy, send, receive, swap tokens, and collect NFTs in a single interface. It is accessible via mobile apps and browser extensions, providing cross-device usability for crypto activity. Phantom emphasizes secure access to funds and assets and aims to offer a straightforward, user-friendly experience for navigating DeFi and NFT ecosystems.
FTX US Derivatives
Series A in 2022
FTX US is a bitcoin options exchange designed to assist both individual traders and institutions in trading. FTX US allows users to trade a variety of digital assets like Bitcoin, Ethereum, Solana, and Dogecoin. The company was founded by Sam Bankman-Fried and Gary Wang in 2020 and is based in San Francisco, California.
Rain is a regulated digital currency exchange and custodian in the Middle East, founded in 2017 and based in Manama, Bahrain. It operates a licensed trading platform that enables clients to buy, sell, and store digital assets within a secure and compliant regulatory framework.
Citadel Securities
Venture Round in 2022
Established in 2002, Citadel Securities is a leading capital markets firm that combines financial expertise with advanced analytics and technology. It provides critical liquidity to major financial institutions worldwide, contributing to global market stability.
OpenSea is a peer-to-peer marketplace dedicated to the trading of crypto collectibles and non-fungible tokens (NFTs). It facilitates the buying and selling of various digital assets, including gaming items and virtual goods, all secured by blockchain technology. Users can engage in transactions through smart contracts, which enhance security and trust in the trading process. The platform aims to streamline the exchange of these digital assets, making it accessible for anyone interested in the world of crypto collectibles. By providing a user-friendly interface and robust infrastructure, OpenSea has established itself as a leading marketplace in the burgeoning NFT space.
Global Illumination
Seed Round in 2022
Global Illumination is a digital product company based in New York that specializes in developing innovative digital gaming experiences. The company focuses on creating a platform that facilitates multiplayer gaming, allowing users to collect, craft, build, and trade with one another. This interactive environment fosters creativity among players by incorporating blockchain technology, which enables users to engage in unique and rewarding creative endeavors. Through its products, Global Illumination aims to encourage collaboration and creativity within the gaming community.
Vana is a decentralized platform that empowers individuals to retain control over their personal data while contributing to the development of artificial intelligence. The platform facilitates user-owned data management and monetization, providing tools for users to develop and profit from AI models. By utilizing decentralized autonomous organizations, Vana allows users to share data, such as social media and professional information, in exchange for various benefits. The platform emphasizes data portability, enabling users to log in with digital wallets and access their information across multiple platforms without relying on centralized systems. Vana's infrastructure ensures privacy and security through cryptographic verification, allowing developers to create more personalized applications while maintaining user privacy.
Aztec specializes in developing privacy-focused technologies for Ethereum-based transactions. It is renowned for creating PLONK, a leading standard in zero-knowledge proofs, enabling fast, private interactions on the public blockchain. The company's research team has made significant contributions to Layer 2 solutions on Ethereum and possesses extensive expertise in deploying intricate cryptosystems within Web3 environments. Aztec Network recently unveiled an advanced version of zk.money, showcasing its Aztec Connect SDK's ability to facilitate seamless integrations with prominent DeFi protocols like Lido and Element Finance. The company is currently working on building a secure, encrypted blockchain secured by Ethereum.
MoonPay is a financial technology company that specializes in payment infrastructure for cryptocurrency transactions. Its platform allows users to easily convert fiat currencies into cryptocurrencies and non-fungible tokens (NFTs) using various payment methods, including credit and debit cards, local bank transfers, Apple Pay, and Google Pay. Operating on a non-custodial model, MoonPay does not hold customer funds, which provides users with enhanced control over their digital assets. By connecting cryptocurrency exchange platforms with users, MoonPay aims to streamline the process of cryptocurrency purchases, ensuring a seamless experience for clients.
Royal is a platform that enables fans to buy ownership stakes in songs directly from their favorite artists, allowing them to earn royalties as the music generates revenue. The platform utilizes non-fungible token (NFT) technology, which allows artists to create and sell their music as limited digital assets. By investing in these assets, fans can participate in the financial success of the artists they support. This innovative approach fosters a direct connection between artists and their audience, transforming the way music ownership and royalties are shared.
BetDEX is a decentralized sports betting protocol that operates on a blockchain-based platform, allowing users to place bets on various sports utilizing cryptocurrency. The platform is designed to provide high-speed transactions and low costs while eliminating counterparty risk, making the betting process more secure and efficient. BetDEX is permissionless, enabling developers to create their own applications on top of its infrastructure. This flexibility allows customers not only to engage in sports betting but also to trade on sports and prediction markets, giving them control over their betting experience and the ability to set their own prices.
AI Arena
Seed Round in 2021
AI Arena is a developer of play-to-earn games that combines artificial intelligence with non-fungible tokens (NFTs) to create an engaging gaming experience. Players can own unique fighters characterized by attributes like power, speed, and accuracy, each embedded with an artificial neural network. This integration fosters AI intuition and literacy, allowing users to train their NFTs and participate in competitive battles within the Arena. By emphasizing the collaboration between human players and AI, AI Arena not only enhances entertainment value but also enables users to earn rewards through gameplay.
Osmosis Foundation
Initial Coin Offering in 2021
Osmosis Foundation operates a decentralized peer-to-peer blockchain platform that facilitates the creation of liquidity and trading of IBC-enabled tokens. The platform features an advanced automated market maker (AMM) protocol, which represents a significant evolution in how liquidity providers engage with decentralized finance (DeFi). Built using the Cosmos software development kit (SDK), Osmosis allows developers to design, build, and deploy customized AMMs, enhancing the flexibility and functionality of liquidity solutions within the ecosystem. By utilizing open-source software, Osmosis promotes transparency and accessibility in the DeFi space.
Parallel
Venture Round in 2021
Parallel is a developer of a sci-fi card game platform that operates on the Ethereum blockchain. The platform allows users to engage in NFT-based gaming, enabling them to purchase, collect, and showcase original 3D art of characters, digital collectible cards, and artifacts. By participating in these activities, users can diversify their cryptocurrency holdings and earn digital currency while playing games. Through its focus on digital blockchain collectibles, Parallel offers a unique opportunity for users to combine gaming with investment in the growing market of digital assets.
CoinSwitch
Series C in 2021
CoinSwitch is a leading cryptocurrency exchange aggregator based in India, designed to simplify the complexities of cryptocurrency trading for everyday users. With over 20 million registered users, CoinSwitch enables individuals to easily invest in a variety of cryptocurrencies through a user-friendly platform. Users can make one-time purchases or set up systematic investment plans, allowing for flexible investment strategies. In addition to trading, CoinSwitch provides educational resources that help users understand the cryptocurrency market and make informed decisions. The platform features the Crypto Rupee Index, which aids users in analyzing market sentiments. Committed to expanding accessibility to cryptocurrency, CoinSwitch aims to establish itself as a comprehensive wealth-tech destination for Indian investors, facilitating a seamless experience for managing all aspects of their crypto transactions.
Sky Mavis
Series B in 2021
Sky Mavis is a technology company focused on developing decentralized applications and services, particularly within the realms of blockchain and video gaming. As a blockchain studio, it creates immersive virtual worlds featuring player-owned economies and marketplaces for trading digital assets. This innovative approach empowers gamers with economic freedom, allowing them to buy and sell collectibles, thereby enhancing their gaming experience and engagement. Sky Mavis aims to redefine the landscape of digital gaming through its commitment to creating practical applications that leverage blockchain technology.
GDA
Private Equity Round in 2021
Genesis Digital Assets is a prominent Bitcoin mining company known for its extensive experience in the industry. Since its inception in 2013, the company has established over 20 industrial-scale mining farms and successfully brought more than 300,000 miners online, resulting in the mining of over $1 billion in Bitcoin. Genesis Digital Assets focuses on developing proprietary mining technology and aims to make its operations profitable. The company provides comprehensive services that include building, managing, and scaling large-scale mining operations, thereby offering clients the necessary infrastructure to support the evolving landscape of the cryptocurrency market.
Royal is a platform that enables fans to buy ownership stakes in songs directly from their favorite artists, allowing them to earn royalties as the music generates revenue. The platform utilizes non-fungible token (NFT) technology, which allows artists to create and sell their music as limited digital assets. By investing in these assets, fans can participate in the financial success of the artists they support. This innovative approach fosters a direct connection between artists and their audience, transforming the way music ownership and royalties are shared.
Euler Labs
Series A in 2021
Euler Labs is a developer of a non-custodial lending protocol built on the Ethereum blockchain, designed to facilitate lending and borrowing of a wide range of crypto assets. The platform operates without the need for trusted third parties, allowing users to earn interest on their crypto holdings or hedge against market volatility in a capital-efficient manner. Euler's innovative approach incorporates reactive interest rates that adjust in real-time based on market conditions, alongside asset-specific collaterals, which provides clients with a risk-minimized opportunity to engage in crypto finance. The company's technology aims to enhance financial accessibility and efficiency for users in the decentralized finance space.
TaxBit is a cryptocurrency tax and accounting software company that automates tax calculations and reporting for cryptocurrency transactions. Its platform allows users to link their exchanges and wallets to efficiently gather transaction data, which is then processed to generate tax forms automatically. In addition to tax automation, TaxBit offers real-time portfolio tracking and insights for tax optimization, enabling users to make informed, tax-efficient trading decisions throughout the year. The company serves both individual consumers and enterprises, providing a comprehensive solution for managing cryptocurrency tax compliance and accounting needs.
Tessera
Seed Round in 2021
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.
Thesis is a cryptocurrency venture studio that funds and builds decentralized products and protocols designed to empower individuals. It develops and supports privacy-focused, open-source financial infrastructure, including tools for crypto payments, earning opportunities, and user-controlled wallets. The company emphasizes community governance and collaboration to create interoperable, user-centric solutions that give people greater control over their digital assets and financial data. Through its portfolio, Thesis aims to advance personal empowerment in the digital economy by fostering transparent, decentralized technologies and open collaboration.
Founded in 2017 by an ex-Coinbase engineer, dYdX is a leading decentralized exchange offering Perpetual, Margin, and Spot trading on Ethereum. It combines the security of a decentralized exchange with the speed and usability of a centralized one.
Showtime
Seed Round in 2021
Showtime is a non-fungible token (NFT) social network where people can discover and share NFT art. Showtime aims to provide the crypto community with a social media interface.
Lido
Initial Coin Offering in 2021
Lido is a developer of a liquid staking platform designed to address challenges related to initial cryptocurrency staking. The company offers open-source middleware that enhances the functionality of Ethereum network block validation. This middleware is permanently deployed on the Ethereum blockchain and is accessible to users through various interfaces and channels. Lido enables users to stake their assets while simultaneously receiving synthetic native tokens of equivalent value, which can be utilized across different decentralized finance applications to generate yield. The platform aims to simplify and enhance the staking experience within the cryptocurrency ecosystem.
Founded in 2014, Bitso is a cryptocurrency exchange platform headquartered in Mexico City. It enables users to buy, sell, and trade various cryptocurrencies securely using their mobile devices or other devices.
Gitcoin
Venture Round in 2021
Gitcoin, established in 2017 and headquartered in Boulder, Colorado, operates a platform that connects open-source developers with funding opportunities. The platform, built on the Ethereum network using Solidity, enables developers to monetize their work in various programming languages, including Python, Rust, Ruby, JavaScript, and Solidity. Gitcoin fosters a symbiotic relationship between developers, maintainers, and financiers, promoting the growth of open-source projects and the community. The company's grants management platform offers decentralized allocation infrastructure and smart contract-based funding mechanisms, facilitating efficient capital distribution and community-driven innovation within blockchain ecosystems.
Chainalysis
Series D in 2021
Chainalysis designs and develops anti-money laundering software for cryptocurrency businesses and financial institutions. Its platform offers REACTOR, an interactive investigation tool that identifies offenders, visualizes data, and shares results; Kryptos, a risk assessment tool for understanding cryptocurrency activity and investment opportunities; and an API that provides transaction-based risk scoring with source and destination of funds. The company also provides activity monitoring reports, due diligence tools, and cyber threat intelligence derived from the deep web to help analysts estimate criminal revenues and identify emerging threats. Additional offerings include real-time API access and web-based investigation software for due diligence and customer verification, as well as tools to identify cyber criminals and attribute cyber threats. Chainalysis serves government agencies, banks, exchanges, insurance firms, and other cryptocurrency businesses. Founded in 2014 and headquartered in New York, it maintains offices in Copenhagen, Tokyo, and Singapore.
StarkWare Industries
Series B in 2021
StarkWare Industries Ltd is a technology company based in Netanya, Israel, established in 2017. The company specializes in developing software and hardware solutions focused on the generation and verification of computational integrity proofs. Its primary offering, known as STARK, is a zero-knowledge proof protocol that enhances privacy in blockchain applications, increases transaction throughput, and enables off-chain computation. StarkWare Industries aims to create a comprehensive proof stack to facilitate secure and efficient computational processes across various applications.
Zora is a crypto-driven marketplace that specializes in the buying, selling, and trading of limited-edition non-fungible tokens (NFTs). The company has developed an on-chain social network and protocol that leverages blockchain technology to enhance the secondary market value of digital files, including photos, videos, audio, and music. Zora's platform offers a range of features, such as drop alerts and notifications, which provide artists and businesses with accessible tools to create and sell NFT collections efficiently. This focus on usability and market engagement positions Zora as a key player in the evolving landscape of digital assets.
Fireblocks
Series C in 2021
Fireblocks Inc. is a New York-based company founded in 2018 that specializes in blockchain-based security solutions for digital asset management. Its platform is designed to securely transfer digital assets between exchanges, wallets, custodians, and counterparties, catering primarily to financial institutions such as banks, fintech companies, and hedge funds. The company employs advanced technologies, including a patent-pending chip isolation security and model predictive control (MPC), to enhance the security of assets in transit. Fireblocks enables its clients to manage and streamline their digital asset operations effectively, ensuring the protection of funds while facilitating their movement across various platforms. Additionally, Fireblocks has an operational presence in Tel Aviv, Israel.
BlockFi, Inc. is a financial services firm that specializes in providing wealth management products for cryptocurrency investors. Founded in 2017 and headquartered in New York, BlockFi offers various services, including interest-bearing accounts for Bitcoin, Ether, and Gemini Dollar, as well as USD loans secured by clients' crypto assets. The company allows clients to trade cryptocurrency pairs and provides tailored lending solutions for both individual and institutional clients. By facilitating liquidity for blockchain asset holders, BlockFi aims to enhance transparency and efficiency in digital financial markets. The organization employs a robust infrastructure that integrates with multiple blockchains, positioning itself to adapt and expand its product offerings in response to the evolving needs of its users.
Opyn is a decentralized protocol specializing in optimizing options trading. It enables users to earn premiums or express views on assets by trading options on ETH and ERC20 tokens. Opyn offers European, cash-settled options that auto-exercise upon expiry, with oTokens being ERC20s tradable on compatible decentralized exchanges.
CoinSwitch
Series A in 2021
CoinSwitch is a leading cryptocurrency exchange aggregator based in India, designed to simplify the complexities of cryptocurrency trading for everyday users. With over 20 million registered users, CoinSwitch enables individuals to easily invest in a variety of cryptocurrencies through a user-friendly platform. Users can make one-time purchases or set up systematic investment plans, allowing for flexible investment strategies. In addition to trading, CoinSwitch provides educational resources that help users understand the cryptocurrency market and make informed decisions. The platform features the Crypto Rupee Index, which aids users in analyzing market sentiments. Committed to expanding accessibility to cryptocurrency, CoinSwitch aims to establish itself as a comprehensive wealth-tech destination for Indian investors, facilitating a seamless experience for managing all aspects of their crypto transactions.
TaxBit is a cryptocurrency tax and accounting software company that automates tax calculations and reporting for cryptocurrency transactions. Its platform allows users to link their exchanges and wallets to efficiently gather transaction data, which is then processed to generate tax forms automatically. In addition to tax automation, TaxBit offers real-time portfolio tracking and insights for tax optimization, enabling users to make informed, tax-efficient trading decisions throughout the year. The company serves both individual consumers and enterprises, providing a comprehensive solution for managing cryptocurrency tax compliance and accounting needs.
Fireblocks
Series B in 2020
Fireblocks Inc. is a New York-based company founded in 2018 that specializes in blockchain-based security solutions for digital asset management. Its platform is designed to securely transfer digital assets between exchanges, wallets, custodians, and counterparties, catering primarily to financial institutions such as banks, fintech companies, and hedge funds. The company employs advanced technologies, including a patent-pending chip isolation security and model predictive control (MPC), to enhance the security of assets in transit. Fireblocks enables its clients to manage and streamline their digital asset operations effectively, ensuring the protection of funds while facilitating their movement across various platforms. Additionally, Fireblocks has an operational presence in Tel Aviv, Israel.
Synthetix
Seed Round in 2020
Synthetix is a decentralized synthetic asset issuance protocol based in Australia, established in 2017 by Kain Warwick. Built on the Ethereum blockchain, it facilitates derivatives trading in decentralized finance (DeFi) by enabling the creation of synthetic assets that provide exposure to real-world currencies, commodities, stocks, and indices. The platform offers unique financial instruments such as perpetual futures and options markets, allowing users to trade synthetic forms of assets with infinite liquidity. Synthetix operates a peer-to-contract trading system and utilizes a distributed collateral pool, ensuring transparency and accessibility for customers seeking on-chain exposure to various decentralized assets.
Nebulous
Seed Round in 2020
Nebulous, Inc. is a technology company focused on developing blockchain hardware and software infrastructure for the decentralized internet. Founded in 2014 and based in Boston, Massachusetts, the company is known for its flagship product, Sia, a decentralized cloud storage platform that utilizes blockchain technology to create a data storage marketplace. Additionally, Nebulous offers Skynet, a decentralized content delivery network (CDN) and file-sharing platform tailored for developers, along with SiaStream, which provides affordable storage solutions for media files, enabling fast streaming. As a core contributor to the open-source Skynet project, Nebulous plays a significant role in advancing the decentralized web ecosystem.
Sia is the leading decentralized cloud storage platform. No signups, no servers, no trusted third parties. Sia leverages blockchain technology to create a data storage marketplace that is more robust and more affordable than traditional cloud storage providers.
Uniswap Labs is a software company founded in 2018 by Hayden Adams, who created the Uniswap Protocol, a decentralized platform for swapping digital assets. The protocol has facilitated $2.75 trillion in transaction volume since its inception. Uniswap Labs focuses on developing widely used decentralized finance (DeFi) products, including a user-friendly web interface, a self-custody mobile wallet, and an API tailored for professional market participants. The platform empowers liquidity providers and traders by offering a financial marketplace that is open and accessible to all. Utilizing smart contracts, it enables secure and decentralized on-chain conversions of assets, allowing users to trade tokens directly without intermediaries while defining asset prices based on the liquidity staked in the system.
Reflexer
Seed Round in 2020
Reflexer Labs, founded in 2020 and based in the USA, is focused on developing a low-volatility collateral solution for the decentralized finance (DeFi) ecosystem. The company aims to address the inherent volatility in digital assets by creating a volatility-dampened synthetic instrument that leverages control theory within smart contracts. This innovative approach automatically adjusts the supply of collateral in response to market conditions, providing a stable foundation for DeFi applications. By mitigating investment risk and minimizing potential loss, Reflexer Labs seeks to enhance the reliability and attractiveness of decentralized finance for businesses and investors.
Yield Protocol
Seed Round in 2020
Yield is building a decentralized lending protocol to bring fixed-term, fixed-rate lending to decentralized finance. Yield was founded by Allan Niemerg in 2020 and is based in Chicago, Illinois.
Keep
Initial Coin Offering in 2020
Keep Network, established in 2017 and based in George Town, Cayman Islands, specializes in creating interactive links between public blockchains and private data. The company's core product, tBTC, is a decentralized bridge enabling users to securely and anonymously transfer their Bitcoin to the Ethereum network, facilitating participation in decentralized finance (DeFi) platforms. Keep Network's technology, an off-chain container for private data, allows smart contracts to leverage the full power of public blockchains while maintaining data privacy.
Keep
Venture Round in 2020
Keep Network, established in 2017 and based in George Town, Cayman Islands, specializes in creating interactive links between public blockchains and private data. The company's core product, tBTC, is a decentralized bridge enabling users to securely and anonymously transfer their Bitcoin to the Ethereum network, facilitating participation in decentralized finance (DeFi) platforms. Keep Network's technology, an off-chain container for private data, allows smart contracts to leverage the full power of public blockchains while maintaining data privacy.