ParaFi Capital

Bitwise is a specialized asset manager focused on cryptocurrency investments for individuals, investment managers, and institutions. The company provides a diverse range of investment solutions, including index funds, yield and alpha strategies, multi-strategy offerings, and separately managed accounts. Bitwise emphasizes the importance of security and liquidity, implementing modern protective measures for assets. Its platform is designed to facilitate rules-based exposure to the cryptocurrency market, helping clients navigate the complexities of digital assets while aligning with their investment objectives.

GEODNET is a decentralized network that focuses on collecting and sharing geospatial data, particularly related to the effects of solar winds on Global Navigation Satellite System (GNSS) signals. By utilizing a network of Space Weather mining stations, GEODNET provides real-time data that enhances the accuracy of GNSS signals, achieving centimeter-level positioning and nanosecond-level time precision. The applications for this data span various industries, including automotive navigation, agriculture, construction, earthquake monitoring, and land surveying. Additionally, GEODNET explores innovative uses of its data in blockchain applications such as decentralized mapping, digital twins for the metaverse, location-aware smart contracts, and proof of location and time. The native utility token, GEOD, facilitates transaction fees for data services, rewards for Space Weather miners, and governance voting on network resource allocation, as well as serving as gas for the future GEODNET blockchain functionality.

Glim is a company focused on transforming financial services in Latin America through its innovative platform designed for employers and their employees. The platform operates on a B2B2C model, enabling companies to provide valuable financial benefits such as multi-currency salary collection, yield generation, and a debit card that facilitates automatic exchange and settlement in both fiat and cryptocurrency. Additionally, Glim emphasizes financial education and coaching, helping employees save in dollars and earn cashback, which ultimately reduces financial stress. By offering these economic benefits, Glim aims to assist companies in attracting and retaining top talent while lowering payroll costs. The services are accessible via Glim's mobile app, positioning the company as a leading player in the integration of financial wellness and technology.

Tradable software platform assists private credit funds in syndicating deals by combining an AI-powered data room (Tradable Live Data Room aka "TLDR"), document signing, investor administration, and continuous deal operations and monitoring in a single location. it enables investors to directly participate in syndicated deals, investing alongside leading fund managers.

Cypherpunk Holdings Inc. is a Toronto-based company that specializes in investing in cryptocurrencies and privacy technologies. Founded in 1995, the company was originally known as Khan Resources Inc. before rebranding in November 2018. Cypherpunk Holdings focuses on a range of cryptocurrencies, including Bitcoin, Ethereum, and Monero, while also developing the Cypherpunk Index, which tracks privacy-focused coins based on their market capitalization. The company aims to provide its shareholders with exposure to emerging blockchain technologies and decentralized finance initiatives.

Courtyard is a platform that facilitates the liquidity of collectible assets by tokenizing them into non-fungible tokens (NFTs) backed by physical items. This service allows for the secure and instant transfer of ownership of physical collectibles globally, without the need for the actual items to be physically moved. The company provides secure storage for these collectibles in vaults, creates three-dimensional representations of the assets, and mints them as NFTs on the blockchain. By streamlining the authentication process at each transaction, Courtyard enhances the collectibles market, enabling collectors to showcase their collections in the metaverse and promoting a new, frictionless method of trading and storing physical goods.

Avalanche is an open-source platform designed for the development and deployment of highly decentralized applications, programmable smart contracts, and interoperable blockchains. It serves as a verifiable solution for institutions, enterprises, and governments, enabling them to launch digital assets, build robust applications, and create customized subnets. The platform offers users complete control over their implementations, incorporating compliance and data security measures as foundational elements. This flexibility allows for the creation of new financial primitives and enhances the overall functionality of decentralized applications.

Notabene, Inc. is a New York-based company that offers a software as a service (SaaS) platform focused on crypto compliance for the financial industry. Established in 2020, Notabene provides businesses with tools to meet emerging global regulations for cryptocurrency transactions, particularly the Travel Rule. Its platform features a unified API and a comprehensive dashboard designed to assist compliance officers in managing risks associated with both Travel Rule and non-custodial transactions. By simplifying compliance processes, Notabene enables financial companies to engage with a broader range of crypto businesses, enhancing transaction confidence and supporting growth in their operations.

Meridian is a Movement-native decentralized liquidity marketplace and liquid staking system that allows users to trade and earn with their assets smoothly.

Huma is a decentralized finance platform that facilitates lending for businesses and individuals by connecting high-performing receivables with global financing. The company provides a transparent and accessible financial infrastructure, allowing clients to tokenize and trade cash flow using credit on the blockchain. Huma's innovative approach enables users to secure loans against tokens as collateral, fostering a thriving ecosystem for managing and leveraging assets in a digital format.

Parfin is a financial technology company established in 2019, focusing on developing enterprise-grade software solutions that facilitate the integration of blockchain technology within traditional financial systems. With a team of experts from investment banking and blockchain sectors, Parfin serves as the core developer of Rayls, which adopts a unified finance approach. This platform provides a secure infrastructure for managing both digital and traditional currencies, enabling financial institutions to connect seamlessly with digital asset exchanges and custodians. Parfin aims to enhance the governance, security, and scalability of operations for institutional clients, contributing to the development of more efficient, transparent, and inclusive financial markets.

Andrena, Inc. is a New York-based company that specializes in providing high-speed internet services, primarily targeting universities, hospitals, financial services, and other organizations with significant data requirements. The company develops an internet distribution platform that collaborates with internet providers to utilize existing fiber networks. By deploying a network of antennas, Andrena creates widespread wireless internet access, ensuring that customers and businesses can connect to faster networks at reduced costs. This innovative approach addresses the growing demand for reliable and efficient internet connectivity in data-intensive environments.

Layer3, founded in 2021, provides a web3 user acquisition and retention solution designed to help teams engage meaningful users through on-chain actions. The platform offers no-code tools that allow clients to create milestones for both new and returning users, leveraging storytelling techniques such as bounties and quests to drive user interaction. With over 10 million on-chain interactions facilitated across various decentralized applications, Layer3 serves a diverse range of web3 clients, including notable names such as Coinbase Cloud, Hashflow, Slingshot, Stargate, Aave, and 1inch. The company's focus on expanding decentralized autonomous organizations includes features that promote user exposure to new communities, reward systems, and multichain liquidity access.

Polymarket is a prediction market platform that allows users to bet on the outcomes of various global events using cryptocurrency. Polymarket operates on the Ethereum blockchain, utilizing the Polygon network to enhance scalability and reduce transaction costs. Users connect to the platform through an Ethereum-compatible wallet and use the USDC stablecoin to place bets on events, ranging from political outcomes to entertainment predictions​.

Securitize, Inc. operates a compliance platform designed for the issuance and management of digital securities. Founded in 2017 and based in Redwood City, California, the company facilitates various services for issuers, including digital security issuance, document handling, investor communications, and accreditation. For investors, Securitize offers features such as wallet management, an investor dashboard, and token distribution. The platform also includes support services like fiat and crypto escrow, along with custodial services. Securitize is distinguished as the only SEC Registered Transfer Agent integrated with multiple regulated U.S.-based marketplaces, enabling eligible investors to own, manage, and trade digital securities across sectors like equity, funds, fixed income, and real estate. The company's approach enhances transparency, liquidity, and efficiency in the tokenization process, while also providing KYC/AML and capital management services.

Thruster is a DEX for the builders, yield seekers, and traders on Blast.

Centrifuge Inc. is a technology company that develops a decentralized blockchain-based platform aimed at enhancing the global financial supply chain. Founded in 2017 and headquartered in San Francisco, with an additional office in Berlin, Centrifuge offers a peer-to-peer protocol that facilitates the secure and privacy-preserving exchange of financial documents. This platform allows businesses to tokenize, manage, and distribute their assets on-chain, providing asset managers with new tools and investors with access to a diversified portfolio of high-quality tokenized assets. By enabling third-party service providers to interact with financial data, Centrifuge fosters economic opportunity and promotes efficient transactions while ensuring that businesses retain ownership of their data and validated company details.

Mezo is a bitcoin economic layer network that provides fast and cheap bitcoin transactions to hold tokens while earning yield.

Architect is a financial platform that provides traders with customizable infrastructure designed to enhance access to international markets for digital assets. The company focuses on developing institutional-grade solutions that facilitate trading across various venues, including both centralized and decentralized exchanges. By linking these diverse crypto markets, Architect aims to create a seamless trading experience for users engaged in global futures, options, and digital asset markets.

Blerify is a digital platform that specializes in verification infrastructure, aimed at facilitating secure connections between enterprises and individuals. The platform offers wallet-based authentication and attestation services, allowing for the verification of digital diplomas and records in a user-friendly and compliant manner. Blerify's approach enhances the safety and convenience of digital interactions, supporting organizations in managing tokenized financial and real-world assets efficiently. Through its innovative solutions, the company enables cost-effective identity management, making it easier for businesses to engage with customers and improve their operational capabilities.

Cube Group is a hybrid CEX-DEX digital asset marketplace that addresses the challenges of traditional centralized exchanges and decentralized finance platforms. The company provides a user-centric design, radical transparency, safety, and liquidity, with features like multi-party compute, on-chain settlement, proof-of-reserves, and multi-chain support. Its vaults represent users' balances on their respective layer-one blockchains, offering transparent liquidation standards and criteria for derivatives and margin trading. The platform also standardizes market data and order sessions, allowing seamless onboarding for market participants through web interfaces for trading.

Bitfinity Network is a creator of a blockchain platform that allows users to generate, stake, and swap tokens on their internet-connected computers. The company focuses on developing new decentralized finance (DeFi) cross-chain primitives. Its main services include research and development into cross-chain wallets that support Bitcoin and Ethereum Virtual Machine (EVM)-based chains and exchanges and automated market-making activities.

Wormhole covers a range of use cases to make chains for tokens, NFTs, apps, and other generic messaging applications. They build protocols on wormholes that can use data, assets, and messages from other chains.

Kinto is the KYC'ed Layer 2 capable of supporting both modern financial institutions and decentralized protocols.

Superstate is a developer of legal and blockchain-based financial solutions. These solutions include short-term government bond funds that can be held in a cryptocurrency wallet or by a crypto custodian.

Web3 Infrastructure for perpetuals trading

M^0 is money middleware for the digital age. It is a decentralized, on-chain protocol, as well as a corresponding set of off-chain standards and APIs, that allows holders of high-quality eligible collateral to participate in the issuance of a fungible cryptodollar. With M^0, any number of institutions around the world can tap on turnkey middleware to become their own cryptodollar issuer, upgrading their money tech stack to the digital age.

Huma is a decentralized finance platform that facilitates lending for businesses and individuals by connecting high-performing receivables with global financing. The company provides a transparent and accessible financial infrastructure, allowing clients to tokenize and trade cash flow using credit on the blockchain. Huma's innovative approach enables users to secure loans against tokens as collateral, fostering a thriving ecosystem for managing and leveraging assets in a digital format.

Ironblocks is a cybersecurity company focused on protecting smart contracts and securing web3 services. The firm offers a comprehensive cybersecurity platform that features easy-to-read analytics and clarity regarding security needs. Its unique protocol includes specialized sensors and a grid designed to identify malicious activities across multiple blockchain networks. By providing tailored coverage and advanced security solutions, Ironblocks enables web3 companies to safeguard their platforms effectively.

Elementus Inc. is a New York-based company that specializes in enterprise blockchain data analytics, serving institutional asset managers, financial service organizations, and government agencies. Founded in 2017, Elementus combines proprietary data with patented algorithms to provide insights into the cryptocurrency market. Its platform enables users to trace the flow of funds, identify security vulnerabilities, and gain market intelligence, facilitating informed investment decisions in digital assets. By delivering actionable insights derived from blockchain activity, Elementus aims to enhance transparency and build trust within the crypto ecosystem.

Bounce Finance is a decentralized auction protocol that empowers users to create and participate in diverse types of auctions across multiple blockchain ecosystems, including the real-world collectible marketplace.

Thala Labs is a decentralized financial firm that develops DeFi applications on the Aptos blockchain and is already working on a decentralized stablecoin.

YoloHub is a developer of a gaming platform that facilitates connections between non-fungible token (NFT) owners and brands, particularly in the fashion and lifestyle sectors. The platform aims to bridge the gap between leading NFT intellectual property holders and various brands, enabling them to collaborate on merchandise sales. By doing so, YoloHub provides opportunities for growth and new revenue models for both the brands and the NFT IP holders, fostering an environment where digital currency assets can be effectively monetized. Through this innovative infrastructure, YoloHub seeks to enhance the engagement between NFT creators and brand partners, driving value in the evolving digital marketplace.

Juno is a cross-border banking platform that aims to give users across the world a high-yield account to grow their savings. Going live in the US, 2Juno is taking a radical approach towards creating an open and global banking system for everyone, regardless of their location or income. Juno was founded in 2019 and is headquartered in Singapore.

Credix is a decentralized credit platform focused on providing borrowers in emerging markets with access to capital that has been historically difficult to obtain. By leveraging blockchain technology, Credix connects high-quality borrowers with global investors, creating credit lines that offer attractive yields. The platform serves as an infrastructure for businesses and marketplaces, facilitating lending, underwriting, and debt collection. This approach allows for diverse credit options while ensuring that investors are paid upfront. Credix aims to enhance transparency and efficiency in the credit market, enabling borrowers to access funds in a more streamlined manner.

Magpie Protocol is a decentralized liquidity aggregation protocol designed for cross-chain exchange infrastructure. Launched in 2022 and based in Dubai, it facilitates seamless trading of crypto assets by using bridges to communicate swap signals between different blockchains. This approach enhances the user experience by allowing investors to trade and invest in various assets without the need for bridging. Magpie Protocol aims to support early-stage crypto entrepreneurs in launching innovative decentralized finance (DeFi) and infrastructure projects, all while providing a simple, efficient, and secure platform for transactions within the DeFi ecosystem.

Contango is a decentralized protocol that focuses on providing perpetual futures atop money markets. It operates a decentralized exchange designed to facilitate expirable futures without the need for order books or liquidity pools. By leveraging existing decentralized finance (DeFi) protocols, Contango enables fixed-rate lending and borrowing. The platform also supports physical delivery and minimizes price impact for larger trades, allowing traders to effectively hedge their positions and manage their costs. Through these innovations, Contango aims to enhance trading efficiency and accessibility within the decentralized finance ecosystem.

Aptos is a web3 startup founded in 2021 and based in Palo Alto, California. The company develops a scalable Layer 1 blockchain that allows developers to create future-proof applications. Aptos aims to provide universal access to decentralized assets through its network, utilizing a safe and reliable programming language that facilitates application development. The team at Aptos is composed of skilled engineers, researchers, strategists, designers, and builders, all working towards enhancing the accessibility and scalability of blockchain infrastructure for developers.

Safe is a leading provider of digital asset storage solutions, specializing in Ethereum-based multi-signature smart contract wallets. As a spin-out from Gnosis, a decentralized infrastructure provider, Safe offers a secure and programmable account abstraction platform, serving as the account abstraction leader on Ethereum and the EVM. Its flagship product, Gnosis Safe, enables secure and transparent management of digital assets, fostering collaboration and tracking within the decentralized ecosystem.

Safe is a leading provider of digital asset storage solutions, specializing in Ethereum-based multi-signature smart contract wallets. As a spin-out from Gnosis, a decentralized infrastructure provider, Safe offers a secure and programmable account abstraction platform, serving as the account abstraction leader on Ethereum and the EVM. Its flagship product, Gnosis Safe, enables secure and transparent management of digital assets, fostering collaboration and tracking within the decentralized ecosystem.

ZenLedger, Inc. specializes in cryptocurrency tax management software, catering to both individual investors and tax professionals. Founded in 2017 and based in Bellevue, Washington, ZenLedger provides tools that allow users to import cryptocurrency transactions, calculate gains and income, and prepare tax returns. Its platform automates the generation of essential financial documents, including profit and loss statements, capital gains reports, and income reports, thereby simplifying the tax filing process for cryptocurrency activities. By streamlining portfolio management and reducing the complexities associated with tax compliance, ZenLedger aims to enhance the overall experience for users navigating the evolving landscape of blockchain economies.

Jambo is a company focused on creating an extensive on-chain mobile network, centered around its flagship product, the JamboPhone, a powerful mobile device designed for the crypto-native market. With a foundation of over 800,000 mobile nodes spanning more than 120 countries, Jambo aims to accelerate decentralization and enhance network effects for various applications, such as validators and peer-to-peer networking. The JamboApp serves as a gateway for millions of users to engage with the on-chain economy, offering innovative earning opportunities, a decentralized application (dApp) store, and a multi-chain wallet. By integrating blockchain technology into its products, Jambo empowers users to participate in gaming, cryptocurrency trading, and decentralized finance, particularly benefiting individuals in emerging markets. Central to Jambo's ecosystem is the Jambo Token, which facilitates rewards, discounts, and other incentives, positioning the company as a key player in the evolving landscape of blockchain technology.

Push Protocol is a decentralized communication platform designed for the web3 ecosystem, enabling users to receive notifications related to both on-chain and off-chain activities. The protocol facilitates notifications from various decentralized applications (dApps), smart contracts, and backend services, all linked to users' wallet addresses. This allows for a flexible and open communication network where notifications can be triggered by diverse on-chain or off-chain logic. Push Protocol operates in a gasless, multichain, and platform-agnostic manner, ensuring that any crypto wallet or infrastructure service can display these notifications to users. By leveraging this system, users can engage with notifications and potentially earn cryptocurrency rewards through their interactions.

BloXroute Labs, Inc. is a company that offers a blockchain scalability solution designed to enhance the performance of cryptocurrencies and blockchains without requiring protocol changes. Established in 2018 and based in Evanston, Illinois, the company operates a blockchain distribution network that allows for the processing of thousands of transactions per second on-chain. Its platform leverages a global network of servers optimized for network performance through techniques such as compression and encryption. This infrastructure facilitates the rapid propagation of transactions and blocks, thereby improving data efficiency and increasing overall transaction throughput. BloXroute's approach is designed to maintain consensus across all nodes, ensuring it remains provably neutral and applicable to any blockchain.

Porter Finance is the web’s fastest growing binary options trading platform, offering an unmatched 1500% rate of returns on maximum returns on digital options. With a fast learning curve, user friendly interface and excellent customer support, Porter Finance offers its traders the best online trading experience on the net. The binary options platform offers a wide variety of currencies, stocks, commodities and indices to trade binary options. In total, Porter Finance offers well over 100 different assets for trading options of all types. Offering one of the most comprehensive trading platforms, every investor is sure to find what they are looking for at Porter Finance. The company was formed on the principal that knowledge is power and though knowledge comes success. Launched in 2014, the company prides itself on excellent service and guarantees the best environment for success to their traders passing on their knowledge to traders in order to maximize their trading potential.

NEAR Inc. is a company that develops and provides a platform for creating decentralized applications through its NEAR Protocol, a scalable blockchain designed for open-source code. Founded in 2017 and headquartered in San Francisco, California, NEAR Inc. focuses on bridging the adoption gap for mainstream commercial software by offering tools that facilitate the writing, testing, and deployment of decentralized applications. The platform is engineered to support a wide range of applications, ensuring security for high-value assets such as money and identity. Additionally, NEAR provides essential services, including documentation, wallet, studio, and explorer functionalities, which contribute to a robust ecosystem for developers.

NEAR Inc. is a company that develops and provides a platform for creating decentralized applications through its NEAR Protocol, a scalable blockchain designed for open-source code. Founded in 2017 and headquartered in San Francisco, California, NEAR Inc. focuses on bridging the adoption gap for mainstream commercial software by offering tools that facilitate the writing, testing, and deployment of decentralized applications. The platform is engineered to support a wide range of applications, ensuring security for high-value assets such as money and identity. Additionally, NEAR provides essential services, including documentation, wallet, studio, and explorer functionalities, which contribute to a robust ecosystem for developers.

Burrow is a decentralized platform that operates a non-custodial liquidity pool, enabling users to supply and borrow assets for trading. The platform focuses on unlocking liquidity for interest-bearing assets, particularly layer 1 staking derivatives. By allowing users to supply assets, Burrow facilitates the earning of interest and enables borrowing against those assets to enhance liquidity. Additionally, the platform features a governance token staking program, which encourages user participation and investment in the ecosystem. Overall, Burrow aims to provide a streamlined approach to accessing liquidity in the decentralized finance space.

OXIO is a pioneering telecom-as-a-service (TAAS) platform that specializes in unbundling mobile telecom infrastructure for brands and enterprises. By leveraging a 100 percent cloud-based solution, OXIO integrates the wireless infrastructure of multiple providers, allowing for the creation of customized, asset-light networks that can be deployed rapidly. This innovative B2B SaaS platform empowers brands with comprehensive control over their wireless experiences, providing actionable intelligence that enhances customer engagement and drives tangible results. OXIO's approach enables brands to access mobile data previously confined within telecom silos, fostering closer connections with their customers. The company is headquartered in New York and maintains offices in Mexico City and Montreal, Canada.

Aptos is a web3 startup founded in 2021 and based in Palo Alto, California. The company develops a scalable Layer 1 blockchain that allows developers to create future-proof applications. Aptos aims to provide universal access to decentralized assets through its network, utilizing a safe and reliable programming language that facilitates application development. The team at Aptos is composed of skilled engineers, researchers, strategists, designers, and builders, all working towards enhancing the accessibility and scalability of blockchain infrastructure for developers.

Immutable develops blockchain-based eSport games designed to familiarize users with blockchain technology in a fun and user-friendly environment. Its eSports games use ethereum blockchain to transform digital asset ownership in the video-gaming industry. Immutable provides scalable blockchain infrastructure for video games, enabling organizations to bring transparency in the opaque world of in-game economies.

ConsenSys, established in 2015 by Ethereum co-founder Joseph Lubin, is a leading Ethereum software company focused on Web3. It offers a suite of products, including Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, which serve millions of users and support billions of blockchain-based queries. ConsenSys enables developers and enterprises worldwide to build next-generation applications and access the decentralized web, fostering business adoption and growth of the Ethereum ecosystem. Additionally, ConsenSys Academy, its educational arm, bridges the Ethereum knowledge gap globally for ecosystem development.

Potion Labs is a base layer for a wide range of asset risk-management applications.

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.

Folks Finance is a cross-chain decentralized finance (DeFi) protocol that addresses liquidity fragmentation by enabling users to deposit and borrow across different blockchain networks without the need for bridging or wrapping assets. It operates as a non-custodial platform, providing financial tools for digital assets, including strategies for earning yield and securing loans. Folks Finance has established itself as the largest application on the Algorand blockchain, offering a comprehensive hub for lending, trading, and liquid staking. The protocol has achieved significant growth, reaching an all-time high of $400 million in total value locked (TVL) in November 2024, making it one of the fastest-growing DeFi applications in the market. Users can earn yield on their deposits, utilize them as collateral for loans, and engage in governance activities within the Algorand ecosystem.

Hubble Protocol is a decentralized financial platform that facilitates long-term borrowing, lending, and the creation of structured financial products. It aims to democratize access to decentralized finance by offering a range of sustainable financial services. The protocol's software supports multi-asset collateral and enables zero-interest borrowing, allowing users to leverage yield-bearing assets for loans. Additionally, Hubble enhances yield generation on deposits of various tokens, providing clients with optimized financial opportunities while minimizing costs associated with loans.

Redefine offers an advanced end-to-end risk assessment and mitigation solution for DeFi investors. It includes an automated due diligence service, real-time portfolio risk monitoring, and active risk mitigation.

Credix is a decentralized credit platform focused on providing borrowers in emerging markets with access to capital that has been historically difficult to obtain. By leveraging blockchain technology, Credix connects high-quality borrowers with global investors, creating credit lines that offer attractive yields. The platform serves as an infrastructure for businesses and marketplaces, facilitating lending, underwriting, and debt collection. This approach allows for diverse credit options while ensuring that investors are paid upfront. Credix aims to enhance transparency and efficiency in the credit market, enabling borrowers to access funds in a more streamlined manner.

Figment Networks Inc. is a leading blockchain infrastructure and software provider based in Toronto, Canada, established in 2018. The company develops and operates an open-source crypto network, focusing on enhancing community engagement through tools that facilitate understanding of network health and performance for informed staking decisions. Figment supports various crypto networks, including Tezos, Cosmos, Livepeer, and Horizen. It offers a comprehensive suite of services, such as enterprise-grade node and staking infrastructure, the Hubble Web 3 explorer, and DataHub developer APIs, aimed at simplifying the use, development, and governance of blockchains for token holders and developers alike. Additionally, Figment publishes open-source software and economic research to further benefit the blockchain community.

Ledn is a financial services company focused on providing innovative products that facilitate saving and accessing funds in digital assets. Its offerings include bitcoin-backed loans, allowing customers to obtain dollars without liquidating their bitcoin holdings. Ledn also features a product that enables clients to double their bitcoin investments through loans, enhancing their potential for growth. Additionally, the company provides interest-bearing savings accounts for bitcoin and USDC, which pay interest without imposing minimum balance requirements. Through these services, Ledn aims to empower individuals to manage and grow their digital wealth effectively.

BAYZ is a decentralized autonomous organization dedicated to facilitating entry into the metaverse through blockchain gaming and play-to-earn opportunities. The company develops an online gaming platform that allows gamers to earn money by engaging with decentralized video games. By leveraging blockchain technology, BAYZ streamlines the gaming experience and offers players the chance to win NFT prizes. The organization collaborates with prominent publishers, content creators, and gamers to enhance engagement with leading NFT-based games such as Axie Infinity, The Sandbox, Ember Sword, and Big Time. BAYZ aims to create future job opportunities and reward individuals for pursuing their passions in the gaming sector.

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.

Operator of an online lending platform intended to offer a capital-efficient lending protocol. The company creates a more capital-efficient environment for uncollateralized crypto loans through its Defi lending protocol using blockchain technology, enabling clients to access flexibility for recurrent and short-term liquidity needs.

Parcl is a blockchain-based platform focused on real estate investment, enabling users to invest in fractional ownership of physical properties by purchasing digital square feet. The platform incorporates advanced data analytics to track real estate price movements, utilizing millions of data points to create precise, city-level real estate indexes. These indexes are updated daily, providing users with timely insights into market trends. By simplifying access to real estate investments, Parcl allows individuals to engage with a diverse portfolio of properties through a single, streamlined transaction.

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.

Champion Games creates blockchain-based video games. The company's game MetaSoccer, a football fantasy game that allows the players to play and ear.

Talis is an NFT marketplace that empowers artists and bridges physical and digital art on the Terra and Juno blockchain. With just a few clicks and no code, the company enables users to own portfolios and mint their first NFT. The TALIS token will act as the protocol's official governance token and give users access to the Talis Treasury, fraud detection, and smart contract changes.

MetaSoccer is an online soccer metaverse that offers an earn-to-play experience within a blockchain-based gaming platform. By integrating blockchain and non-fungible token technologies, it creates an alternative football universe where users can actively participate and earn cryptocurrency through their contributions. This innovative approach aims to redefine the football ecosystem by providing players with opportunities to engage in the game while benefiting financially.

C3 Exchange operates a self-custodial trading platform that facilitates the buying and selling of spot and derivative assets. The exchange combines the advantages of self-custody and decentralization with the performance and accessibility typically associated with traditional trading platforms. Its innovative clearing engine protocol allows for cross-margin and cross-collateralization, enabling traders to optimize their capital usage by calculating margin requirements across all open positions in their accounts. Through this approach, C3 Exchange aims to enhance the trading experience while maintaining user control over their assets.

Gemini is a cryptocurrency exchange and custodian founded in 2014 by brothers Cameron and Tyler Winklevoss. Headquartered in New York, the company provides a platform for customers to buy, sell, and store digital assets such as bitcoin and ether. Gemini operates under stringent fiduciary obligations and complies with high capital reserve requirements and banking standards. The platform is designed to simplify the digital asset market, offering tools for both individuals and institutional investors to research, purchase, and manage their cryptocurrency portfolios securely. Gemini aims to establish itself as a trusted bridge to the future of money.

ConsenSys, established in 2015 by Ethereum co-founder Joseph Lubin, is a leading Ethereum software company focused on Web3. It offers a suite of products, including Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, which serve millions of users and support billions of blockchain-based queries. ConsenSys enables developers and enterprises worldwide to build next-generation applications and access the decentralized web, fostering business adoption and growth of the Ethereum ecosystem. Additionally, ConsenSys Academy, its educational arm, bridges the Ethereum knowledge gap globally for ecosystem development.

Spectral is a New Rochelle, New York-based company founded in 2020 that focuses on programmable creditworthiness through its innovative platform. The company provides valuable credit risk insights to its partners by utilizing on-chain data, thereby enhancing business decisions and offerings. Users can access new financial opportunities through the Multi-Asset Credit Risk Oracle (MACRO) Score, which serves as an on-chain equivalent to a traditional FICO score, allowing individuals to check their on-chain credit scores. Additionally, Spectral offers an AI-powered platform that simplifies the creation and deployment of smart contracts, enabling developers to generate complex contracts using natural language, thus accelerating development time and minimizing errors.

Beta Finance is a decentralized finance protocol that facilitates lending, borrowing, and short-selling of cryptocurrency assets. Designed as a permissionless money market, it seeks to mitigate the inherent volatility of the crypto market and enhance overall market stability. The platform provides a user-friendly, one-click solution, allowing traders without technical expertise to easily manage and update their short positions. It presents all relevant token information directly on the interface, empowering users to make informed decisions in the dynamic crypto landscape.

Manta Network is focused on creating a secure and interoperable digital ecosystem through the use of Zero-Knowledge technology. The company operates a decentralized exchange platform designed to protect user privacy and prevent tracking of activities. By utilizing a protocol based on substrate frameworks, Manta Network offers end-to-end anonymity, high throughput, and robust cross-chain interoperability. This enables users to exchange data in a secure environment, prioritizing privacy and security in their transactions.

P0x labs is the team behind Manta Network is a privacy-preserving technology operating on the Polkadot blockchain.

Jambb is a digital collectibles platform focused on the entertainment industry, particularly comedy. It allows comedians to own and manage their content, merchandise, and performances while enabling fans to engage with their favorite entertainers. Through Jambb's platform, comedians can reach new audiences, generate additional revenue streams, and leverage open secondary markets. This innovative approach allows fans to acquire and share memorable moments, such as jokes, performances, and memorabilia, fostering a sustainable and inclusive entertainment ecosystem. By uniquely identifying ownership of digital assets, Jambb enhances the connection between entertainers and their audiences.

Layer3, founded in 2021, provides a web3 user acquisition and retention solution designed to help teams engage meaningful users through on-chain actions. The platform offers no-code tools that allow clients to create milestones for both new and returning users, leveraging storytelling techniques such as bounties and quests to drive user interaction. With over 10 million on-chain interactions facilitated across various decentralized applications, Layer3 serves a diverse range of web3 clients, including notable names such as Coinbase Cloud, Hashflow, Slingshot, Stargate, Aave, and 1inch. The company's focus on expanding decentralized autonomous organizations includes features that promote user exposure to new communities, reward systems, and multichain liquidity access.

Gelato is web3’s cloud platform empowering builders to deploy their own Ethereum Rollups with a single-click. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato rollups allow anyone to build and deploy their fully serviced Layer 2 chains on Arbitrum, Optimism, Polygon, Celestia and Eigenlayer at a pace natively integrated with Web3's favorite tools and services like Gelato's industry leading smart contract automation & relaying services, Etherscan, The Graph, Pyth, Layer Zero and many more launching a production-ready web3 development environment.

Domination Finance is a developer of a non-custodial financial instrument that allows traders to speculate on market dominance metrics within the cryptocurrency sector. Its platform operates as an Ethereum application and is built on the UMA protocol, enabling users to take long or short positions on Bitcoin Dominance. Additionally, the platform is accessible on Polygon and Boba networks, providing a versatile trading environment. By offering synthetic tokens tied to market dominance, Domination Finance facilitates innovative trading strategies for participants in the cryptocurrency market.

deBridge Finance is a cross-chain interoperability and liquidity transfer protocol designed to facilitate the decentralized transfer of assets across multiple blockchains. The protocol operates through a network of independent oracles and validators, which are elected by deBridge governance, ensuring a secure and efficient transfer process. It supports interoperability between major blockchain networks, including Ethereum, Polygon, Binance Smart Chain, Huobi Ecological Chain, and Arbitrum. This infrastructure enables users to seamlessly access and transfer various digital assets, including NFTs, across different platforms, enhancing the overall flexibility and utility of blockchain technology.

Chainflip is a decentralized cross-chain swapping protocol that facilitates the trustless exchange of cryptocurrencies between different blockchain networks. The platform is designed to enable users to trade assets directly without relying on a trusted intermediary, thus ensuring a secure and efficient transaction process. Utilizing advanced technology frameworks such as Rust, Chainflip allows for anonymous and permissionless swaps, eliminating the need for additional software, collateral, or wrapped assets. This innovative approach empowers investors to move funds seamlessly across various blockchains and ecosystems, providing a streamlined solution for cross-chain asset management.

Lyra Finance operates a decentralized platform focused on trading cryptocurrency options and perpetual contracts. Built on Ethereum, Lyra Finance combines traditional options market-making principles with the advantages of the crypto space, such as scalability and composability. The protocol offers unique and programmable on-chain options and structured products, allowing users to buy and sell options that are priced using an innovative market-based, skew-adjusted pricing model. This approach enhances the accuracy of pricing in the options market, catering to the needs of traders in the evolving cryptocurrency landscape.

Thesis, Inc. is a cryptocurrency venture studio that specializes in developing and funding decentralized products and protocols. Founded in 2014 and based in San Francisco, California, the company aims to bridge the gap between Bitcoin and real-world purchases while facilitating the use of private data on public blockchains. One of its notable developments is the tBTC protocol, which operates on the Keep network. Through its initiatives, Thesis seeks to empower individuals by creating innovative solutions within the cryptocurrency and decentralized technology sectors.

Solrise Finance is a decentralized finance protocol built on the Solana network, focusing on managed portfolios. It provides a platform for decentralized, non-custodial asset management services, allowing users to create, manage, and invest in portfolios that include both native and synthetic assets. This enables individuals to either select existing funds to invest in or establish their own investment portfolios, thereby promoting a more inclusive approach to fund management and financial equity.

RabbitHole helps users navigate the play to earn space with curated opportunities. The company also allows users to build their knowledge with resources across DeFi, DAOs, and NFTs as well as explore web3 projects and earn rewards doing so. RabbitHole was established in 2020 by Brian Flynn in Venice, California.

Yield Guild Games (YGG), founded in 2018 and based in Quezon City, Philippines, is a decentralized autonomous organization focused on investing in non-fungible tokens used in virtual worlds and blockchain-based games. The company aims to build the largest virtual world economy by optimizing community-owned assets for maximum utility and sharing profits with its token holders. YGG also invests in early-stage token and equity deals within web3, gaming studios, and the infrastructure supporting industry growth.

Jet Protocol Holdings operates a decentralized lending and borrowing platform that aims to reduce transaction costs while enhancing efficiency. The platform specializes in innovative loan products and cross-chain interest rate arbitrage, allowing users to streamline their borrowing and lending transactions. By simplifying these processes, Jet Protocol facilitates more accessible and effective financial interactions in the decentralized finance space.

Solana is a blockchain technology company, established in 2021, specializing in the development of a decentralized, scalable blockchain platform. The platform, validated by thousands of independent nodes, ensures robust security and resistance to censorship. It leverages proof of history and concurrent GPU parallelization to deliver high-speed, low-latency, and inexpensive transactions, enabling users to scale without sharding or specialized hardware.

Set Labs is focused on advancing the field of finance through innovative cryptocurrency asset management solutions. The company develops a protocol that enables the creation and exchange of collateralized baskets of tokens, utilizing smart contracts to facilitate the bundling and unbundling of various crypto assets. This technology allows users to efficiently create cryptocurrency baskets, which can include a mix of ERC20 tokens, non-fungible tokens, and on-chain securities. By providing tools and specifications for developers, Set Labs aims to simplify the process of asset management in the blockchain space, promoting a more accessible and flexible financial environment.

Ledn is a financial services company focused on providing innovative products that facilitate saving and accessing funds in digital assets. Its offerings include bitcoin-backed loans, allowing customers to obtain dollars without liquidating their bitcoin holdings. Ledn also features a product that enables clients to double their bitcoin investments through loans, enhancing their potential for growth. Additionally, the company provides interest-bearing savings accounts for bitcoin and USDC, which pay interest without imposing minimum balance requirements. Through these services, Ledn aims to empower individuals to manage and grow their digital wealth effectively.

PoolTogether Inc. operates an Ethereum-based application that combines saving money with a gamified experience. Founded in 2019 and based in Grand Rapids, Michigan, PoolTogether features a no-loss savings game where users deposit funds that earn interest through a compound protocol. At the end of each week, participants have the chance to win the collective interest accrued, while all users can withdraw their initial deposits without any loss. This innovative platform leverages smart contracts to ensure transparency and fairness, allowing users to save money without the risks associated with traditional lotteries. By utilizing blockchain technology, PoolTogether aims to make saving accessible and engaging for its users.

Commonwealth Laboratories, Inc. is a diagnostic laboratory based in San Francisco, California, specializing in diagnostic tests for various functional gastrointestinal disorders. Founded in 1985, the company provides essential resources for healthcare providers to enhance the diagnostic process. By offering specialized testing services, Commonwealth Laboratories aims to improve the understanding and treatment of gastrointestinal conditions, thus supporting better patient outcomes.

Zapper is a financial technology platform that simplifies the management of decentralized finance (DeFi) assets through a user-friendly interface. It caters to both newcomers and experienced investors by offering streamlined access to DeFi lending, automated yield farming, and liquidity provision through its unique shortcuts known as Zaps. The platform enhances cryptocurrency asset management by leveraging the principles of open finance, allowing users to efficiently deploy and manage their buy and sell positions while actively participating in the DeFi ecosystem.

Notional is a decentralized protocol for fixed rate, fixed term lending and borrowing of crypto assets on Ethereum. Users can lend or borrow stablecoins at fixed rates of interest for terms of up to six months using a variety of assets as collateral. Notional achieves fixed rate lending via a primitive called fCash, which is redeemable for an underlying currency like DAI upon the fCash token’s maturity date. Notional operates specialized liquidity pools that allow users to efficiently trade cash for fCash and vice versa. The exchange rate that a user receives on their trade implies a fixed rate of interest from the time of trade until the fCash token’s maturity. Notional is flexible and configurable. The protocol can add additional assets for lending and borrowing, additional collateral types, and additional maturities beyond six months. The community intends to broaden Notional’s scope over time to include a wider array of supported assets and extended available maturities. Notional prioritizes security. The protocol team works with industry leaders to ensure that the smart contracts are technically secure and that the economic assumptions applied in the protocol’s design are sound.

Coin98 is a Crypto-focused software company.

The Defiant is an information company specializing in decentralized finance (DeFi). It operates an online platform that provides essential news and analysis related to the DeFi sector. The platform focuses on major developments within decentralized finance, offering insights into various DeFi companies and their investments. By publishing timely and relevant information, The Defiant aims to keep users informed about the evolving landscape of crypto and finance.

PureStake, Inc. is a company that develops infrastructure and services for public blockchain networks, focusing primarily on the Algorand and Polkadot ecosystems. Founded in 2019 and based in Burlington, Massachusetts, PureStake offers a range of products and services including the AlgoSigner wallet extension, APIs, a block explorer called goalseeker, and infrastructure solutions for both private and co-chain environments. Additionally, the company provides validator services for the Polkadot Network and supports smart contract development on the Moonbeam platform. PureStake aims to facilitate secure and reliable participation in blockchain networks through its cloud-based platform, which employs an automated multi-pop and multi-cloud approach for enhanced user experience.

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications.

Building Overlay, The Trade Everything Engine

Vega is a technology protocol and crypto-asset for an open, blockchain-backed public network for fully automated end-to-end financial product trading and execution. Fully automated processes and incentives for trading margined financial products allow for markets that are open and decentralized, with pseudonymous participants. The platform of the company provides open and fair markets in which fees are shared by market makers, not owners, and governance decisions are made by the community, allowing financial institutions to open access, reduce costs, and enable a new wave of financial market innovation.