Rarestone Capital

Rarestone Capital is a venture capital firm established in 2020 and located in Dubai, United Arab Emirates. The firm focuses on investing in business-to-consumer (B2C) companies, as well as sectors related to information technology and blockchain. Through its investments, Rarestone Capital aims to support innovative startups and foster growth in these dynamic industries.

Robin Davids

Partner

Derek Hansen

Partner

Luke Jones

Partner and CFO

Jared Polites

Partner

Charles Read

Founding Partner

53 past transactions

Zap

Venture Round in 2024
ZAP offers a reputation-based token distribution protocol that supports fair rewards for user contributions within the Blast ecosystem. It enables users to participate in various projects through missions and seamless investment options. Additionally, ZAP is expanding its services to other blockchains and developing tools to simplify access to venture-capital-backed projects.

Galaxis

Initial Coin Offering in 2024
Galaxis operates an engagement platform designed to enhance the relationship between creators and their communities. The platform facilitates the use of simple NFTs embedded with unique utilities that can evolve and adapt, offering owners specific benefits. By providing a suite of interactive tools, Galaxis empowers creators to cultivate, engage, and monetize their communities effectively.

Thruster

Seed Round in 2024
Thruster is a DEX for the builders, yield seekers, and traders on Blast.

BonusBlock

Seed Round in 2024
BonusBlock is a protocol that facilitates on-chain engagement and user onboarding for various projects in the blockchain space. By connecting projects with quality users, it aims to enhance user attraction and retention. The platform generates revenue by earning fees from on-chain activities and product feedback. Additionally, BonusBlock leverages artificial intelligence to provide insights through on-chain analysis, thereby improving the onboarding experience for users. The company collaborates with notable projects such as Injective, XION by Burnt, Nibiru, and EclipseFi, contributing to the growth and advancement of user engagement in the blockchain ecosystem.

Flash Protocol

Seed Round in 2024
Flash Protocol is a Bitcoin-native platform for issuing NFTs.

Studio 369

Venture Round in 2024
MetalCore is a maker of computer games. They provide services for fighting games. They provide products that include mechs, infantry, aircraft, and vehicles.

Kasu

Seed Round in 2024
Kasu is a distributed platform that connects DeFi Liquidity Providers with Real World Yield Providers.

Ringfence

Seed Round in 2024
Ringfence is an AI-generative platform designed to enhance digital content and boost social media output. It leverages artificial intelligence and machine learning to enable creators to produce dynamic and monetizable content. Through its Web3-based infrastructure, Ringfence allows users to mint their AI-generated content on any EVM-compatible blockchain. The platform provides streamlined tools for content management, facilitating the uploading, ownership verification, and utilization of uploaded data. This empowers creators to optimize their engagement and revenue opportunities in the evolving digital landscape.

Eesee

Seed Round in 2023
A gamified marketplace for digital assets, tokens and tokenized RWA.

EclipseFi

Seed Round in 2023
EclipseFi is a Cosmos modular multi-chain token issuance platform that seeks to tackle Launchpad's cross-chain user experience and sustainability challenges with features like smart accounts and cross-chain design.

Zap

Seed Round in 2023
ZAP offers a reputation-based token distribution protocol that supports fair rewards for user contributions within the Blast ecosystem. It enables users to participate in various projects through missions and seamless investment options. Additionally, ZAP is expanding its services to other blockchains and developing tools to simplify access to venture-capital-backed projects.

Neutral Exchange

Pre Seed Round in 2023
Neutral is an exchange for environmental assets. We combine tokenized carbon credits, renewable energy credits, and carbon forwards with specialized market infrastructure to deliver efficiency, transparency, and trust in environmental asset markets.

SuiPad

Seed Round in 2023
SuiPad is a blockchain-based financial platform that focuses on providing a secure and transparent environment for trading and managing digital assets. The platform operates as an IDO and INO service, featuring selected projects and a flexible whitelist to ensure fairness. SuiPad offers low-fee trading with rapid transaction times, allowing cryptocurrency traders to minimize costs and execute trades efficiently. The platform also incorporates a native token that enhances governance and liquidity provision, supporting both the platform's growth and the overall development of its ecosystem.

Sandstorm

Seed Round in 2022
Sandstorm is a versatile marketplace platform designed for businesses, influencers, and brands, facilitating collaboration and project management. It offers dedicated brand account managers who assist users with various aspects of projects, including file formats, asset transfers, and project updates while ensuring the security of project funds. The platform allows both individuals and full-service development studios to apply for qualified build projects and connect with existing clients. Additionally, Sandstorm operates as an open-source platform for self-hosting web applications, providing tools for document editing, chat, task management, file storage, email, and more. It enhances efficiency for metaverse builders by offering specialized tools that streamline workflows and improve revenue generation.

Aperture Finance

Seed Round in 2022
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.

Galaxy Fight Club

Seed Round in 2022
Galaxy Fight Club is a cross-IP, cross-platform player versus player fighting game designed for NFT collectors to engage in battles and earn rewards. The game allows users to log in using their NFTs, facilitating a real-time gaming experience that unites various NFT collections on a single platform. This innovative approach enables players to compete against one another while leveraging their unique NFT assets, enhancing the gaming experience and creating opportunities for interaction within the NFT community.

Corite

Initial Coin Offering in 2022
Corite AB is a music streaming platform based in Stockholm, Sweden, that allows fans to invest in music and receive royalties from popular streaming services such as Spotify and Apple Music. Established in 2016, the platform offers a unique fan-funding model where users can support their favorite artists financially. Artists can also utilize the platform to assess the potential value of their songs based on historical streaming data and future earning projections. By enabling fans to gain a direct financial stake in music, Corite fosters a closer connection between artists and their audience while providing a new revenue stream for creators.

aleph.im

Venture Round in 2022
Aleph.im is a distributed cloud platform that offers serverless computing services, file storage, and database hosting. It is designed to securely access trusted off-chain data and computation through its blockchain-enabled application. The platform is open-source and operates on a decentralized network, allowing users to manage data storage and business logic without reliance on centralized services. Aleph.im enables customers to utilize a single identity, controlled by a single wallet, to read and write data across various supported blockchain networks.

Bribe

Seed Round in 2022
Bribe is a decentralized finance (DeFi) platform that enhances governance participation by creating an incentivized marketplace for governance voting. The platform allows users to form coalitions and engage in auctions for governance votes, democratizing the process and enabling broader participation beyond major stakeholders. By improving existing DeFi governance models, Bribe establishes a transparent and open marketplace that facilitates coordination among voters, ultimately increasing engagement in governance activities. This innovative approach not only fosters a more inclusive environment but also generates new opportunities for token holders to earn yields through their participation in governance.

Solcial

Seed Round in 2021
Solcial is a decentralized social network that facilitates content sharing in a permissionless environment, allowing users to interact freely without the fear of censorship. The platform is designed to empower both users and content creators by ensuring that rewards are distributed fairly and at market value, eliminating the need for intermediaries. This approach not only promotes open communication but also creates a space where creativity and expression can thrive without restrictions.

solice

Seed Round in 2021
Solice is a virtual reality and cross-platform PC game inspired by decentraland and the sandbox.

Rise Of Defenders

Seed Round in 2021
Rise of Defenders is a project created by METAHERO S.A.

DigiNation

Seed Round in 2021
DigiNation is a digital business automation company in KSA.

DigiNation

Seed Round in 2021
DigiNation is a Web3 metaverse platform that focuses on NFT-based innovation and community-driven game development. Its vision revolves around creating an interconnected metaverse, featuring diverse gaming experiences and virtual spaces. The platform comprises four key components: DigiAvatar, NFT Live, DigiMaker, and the CryptoSurvivor game. Operating on the Ethereum blockchain, DigiNation provides a comprehensive virtual gaming client and a 3D design studio that empowers developers and communities to create their own unique metaverse environments. This interconnected ecosystem allows for the integration of various Web3 economic models, facilitating the introduction of innovative games and experiences in the market.

Ariadne

Seed Round in 2021
Ariadne is a cross-chain DeFi marketplace that is lowering the fees to enter/exit farms on multiple blockchains and saves swaps and bridges costs for both EVM and non-EVM chains. Ariadne enables users of any supported chain to enter/exit yield farms on a multitude of blockchains, with virtually no lower limit of investment, and without having to deal with bridges, swaps and slippage, transaction costs on receiving blockchains etc.

DELV

Series A in 2021
DELV is focused on advancing the safe adoption of decentralized financial systems through the development of a crypto-asset trading platform. This platform offers liquidity for yield and principal tokens, allowing users to buy and sell these assets without any minimum investment requirements. By integrating various protocols, DELV aims to facilitate the creation of a new financial system that enhances capital efficiency, enabling users to grow their savings at a fixed rate. The company's commitment to open-source infrastructure and research-backed solutions underscores its mission to support the evolving landscape of decentralized finance.

MonoX Protocol

Seed Round in 2021
MonoX Protocol is a blockchain-based platform that facilitates the listing of tokens without requiring significant capital investments. It employs a unique single liquidity pool model, which groups deposited tokens into a virtual pair with its own stablecoin, vUSD. This innovative structure allows users to trade with lower fees and enhances capital efficiency by eliminating the need for multiple token pairs. By simplifying the trading process and reducing barriers to entry, MonoX Protocol aims to make decentralized finance more accessible to a wider audience.

DeFi Land

Series A in 2021
DeFi Land is a multi-chain agriculture simulation web game designed to gamify decentralized finance (DeFi). The platform enables users to engage with various DeFi functions, such as automated market makers, decentralized exchanges, and lending protocols, all while enjoying traditional gaming elements. By creating an interactive and enjoyable experience, DeFi Land aims to attract non-crypto users and facilitate their entry into the world of decentralized finance.

Slope Finance

Seed Round in 2021
Slope Finance is a decentralized exchange and wallet platform built on the Solana blockchain, designed to facilitate crypto trading and management. It provides users with access to Solana Pay, decentralized finance features, and tools for visual management of non-fungible tokens. The platform offers a decentralized automated full limit order book, allowing for fast token swaps and transactions with near-zero fees. Users can create new wallets or import existing ones from Ethereum and Solana, enabling them to store and manage digital assets seamlessly. With its intuitive interface that resembles centralized exchanges, Slope Finance aims to enhance the user experience in the rapidly evolving cryptocurrency market.

Acta Finance

Funding Round in 2021
Acta Finance is a developer of a decentralized financial ecosystem designed to enhance user opportunities within the cryptocurrency space. The platform is fully EVM compatible, allowing for seamless deployment and integration with other EVM networks. Acta Finance aims to drive user engagement and growth through a referral program and by achieving various milestones. By combining traditional DeFi tools with innovative features, the company focuses on ensuring transparency for clients and creating new avenues for passive earning in the crypto industry.

Port Finance

Seed Round in 2021
Port Finance is a decentralized money market protocol that offers a comprehensive range of lending products. It specializes in variable-rate lending, fixed-rate lending, and interest rate swaps, providing customers with non-custodial liquidity solutions. By enabling users to access diverse fixed-income products, Port Finance facilitates efficient borrowing and lending in the decentralized finance space.

Ratio

Seed Round in 2021
Ratio Finance is a decentralized finance protocol that focuses on enhancing liquidity and mitigating risks within the DeFi space, catering to both retail and institutional investors. The company aims to establish itself as a Decentralized Finance Risk Rating Agency, offering tools and services for permissionless asset management. Ratio Finance employs sophisticated Risk Rating Algorithms that maximize leverage against deposited collateral while safeguarding the yield for liquidity providers. Additionally, the platform redeploys liquidity providers into yield farms and facilitates token swaps, allowing borrowers to manage their debt repayment using advanced financial principles rooted in modern portfolio theory. This approach empowers users with greater control over their financial transactions.

Meson Network

Venture Round in 2021
Meson Network is focused on establishing an efficient bandwidth marketplace within the Web3 ecosystem. It employs a blockchain protocol to replace traditional labor-based sales models by consolidating and monetizing idle bandwidth from long-tail users at lower costs. This platform serves as a foundation for data transmission, supporting decentralized storage, computation, and the growing ecosystem of decentralized applications (dapps). By enabling users to monetize their spare bandwidth, Meson Network enhances the overall efficiency of bandwidth utilization in the decentralized internet landscape.

Composable Finance

Venture Round in 2021
Composable Finance is focused on developing a blockchain protocol that facilitates cross-layer and cross-chain interoperability. By bridging various Ethereum layer two implementations, the protocol enhances connectivity among different blockchain networks. This infrastructure enables smart contracts from diverse layer one blockchains to operate simultaneously on a single parachain. As a result, users can experience improved liquidity and greater financial and creative freedom in their blockchain interactions. Composable Finance aims to unlock the potential of a multi-layer and multi-chain future, providing essential tools for seamless integration and collaboration across the blockchain ecosystem.

Panther Protocol

Initial Coin Offering in 2021
Panther Protocol is an interoperable privacy solution that addresses the needs of decentralized finance (DeFi) traders and investors. It offers an end-to-end privacy protocol designed for deploying digital assets across any public blockchain. By restoring the right to privacy, Panther Protocol protects users from a surveillance economy, ensuring transactional confidentiality during DeFi interactions. This focus on privacy not only enhances individual freedoms but also preserves competitive advantages for users in the growing digital asset landscape.

Cryptocurrencies.Ai

Venture Round in 2021
Cryptocurrencies.Ai Inc., founded in 2018 by Hisham Khan and Shann Bernard, is a Brooklyn-based company that develops software designed to assist traders and investors in the cryptocurrency market. The platform combines both centralized and decentralized elements, offering services that include portfolio rebalancing, risk analysis for diversification, and tools for backtesting and optimization. By providing these intelligent trading solutions, Cryptocurrencies.Ai aims to enhance the decision-making process for users looking to navigate the complexities of cryptocurrency investments.

Relite Finance

Pre Seed Round in 2021
Relite Finance develops a cross-chain lending protocol designed to lend, borrow, and stake all crypto assets in one interface. It uses a cross-chain approach that enables interaction between two independent blockchain networks. They engaged in social interactions, empowered by a seamless wallet experience.

BENQI Corpo

Funding Round in 2021
Developed by an experienced team of blockchain designers, BENQI is a protocol to unlock greater liquidity within the defi market. BENQI enables defi users to make their assets work harder to generate additional yield. Built on Avalanche’s high speed smart contract network, BENQI will evolve into a cross-chain defi hub that’s positioned at the heart of decentralized finance.

ChainSwap

Venture Round in 2021
ChainSwap is a cross-chain asset bridge and application hub that facilitates seamless interactions between various blockchain ecosystems, specifically Ethereum, Binance Smart Chain, and HECO. The platform enables projects to bridge assets across these chains, providing functionalities such as cross-chain swaps, trading protocols, and lending and borrowing services. Additionally, ChainSwap supports cross-chain tools for non-fungible tokens (NFTs), allowing users to explore alternatives and transfer their assets effortlessly across different blockchain platforms. By integrating these features, ChainSwap aims to enhance interoperability and simplify asset management in the decentralized finance space.

Spherium.Finance

Seed Round in 2021
Spherium is a multi-chain incubation and grant program. They connect the two through a transparent, non-custodial, and user-friendly one-stop DEFI financial system. They access the decentralized ecosystem, such as decentralized exchanges, protocols, staking, mobile wallets, and cross-chain transfer systems such as Ethereum, Binance Smart Chain, and Avalanche.

Benqi

Private Equity Round in 2021
BENQi is a developer of a decentralized finance (DeFi) liquidity protocol built on the Avalanche blockchain. The company focuses on creating a seamless platform for lending, borrowing, and earning interest on digital assets. By combining elements of traditional finance and decentralized finance, BENQi aims to democratize access to financial products, offering permissionless lending and borrowing options. The protocol is designed to be highly scalable and user-friendly, with an emphasis on low fees. Additionally, BENQi seeks to bridge multiple blockchain ecosystems, including Ethereum, Polkadot, and Binance Smart Chain, through Avalanche's subnets, positioning itself as a cross-chain DeFi solution that enhances liquidity and accessibility in the digital asset space.

Hypermine

Series A in 2021
Hypermine is a technology company that specializes in developing cryptographic security and identification platforms. Their solutions enable users to access applications through a singular identity without the need for traditional credentials, enhancing both security and user privacy. With a foundation in distributed systems, machine learning, and cryptography, Hypermine offers a range of services including consultation, training, and product development aimed at helping enterprises transition to blockchain technology. Additionally, the company supports clients in establishing cryptocurrency mining operations and encourages the adoption of decentralized currencies, promoting a more secure and liberated digital environment for consumers.

Apwine

Seed Round in 2021
Apwine is a decentralized finance protocol that focuses on tokenizing and trading future yield generated by various DeFi protocols. By enabling the speculation and hedging of passive revenue, Apwine allows liquidity providers to implement innovative strategies while offering traders tools to capitalize on market volatility. Through its platform, users can convert their yield into futures, facilitating new opportunities for borrowing and leveraging assets. This approach not only enhances the ability to manage risk but also fosters a dynamic environment for trading within the DeFi space.

Esprezzo

Seed Round in 2021
Esprezzo is a developer of a blockchain application programming platform aimed at simplifying the connection of new or existing applications to multiple blockchains. The platform offers an intuitive web interface, software development kits, and smart contract libraries that enable developers and product owners to create data-driven and cryptographically secure blockchain applications efficiently. Additionally, Esprezzo Dispatch allows enthusiasts, crypto traders, and businesses to automate workflows by leveraging smart contract and decentralized finance (DeFi) events, enhancing the usability and functionality of blockchain technology in various sectors.

Boson Protocol

Funding Round in 2021
Boson Protocol is a decentralized network facilitating metaverse commerce. It enables the sale of physical products in the metaverse as NFTs via its Decentraland space, Boson Portal. The protocol aims to disrupt traditional e-commerce by minimizing intermediaries, reducing fees, and democratizing commerce through a stack of specialized applications starting in the metaverse. Unlike centralized platforms, Boson Protocol is owned by its participants, sharing value created among them.

Red Kite

Seed Round in 2021
Red Kite is a community-focused launchpad that specializes in vetting and launching innovative blockchain projects. It offers investors a streamlined token sale process, ensuring access to credible and unique investment opportunities. The company supports all aspects of Web3 projects, from initial concept through development and launch, facilitating sustained growth within the ecosystem. Red Kite's review process emphasizes legality and efficiency, making it a preferred choice for project launches. In addition to its primary function as a token sale launchpad, Red Kite provides early-stage incubation, marketing, community support, and tailored trading strategies. Its global user base and successful track record highlight its commitment to fostering diverse collaborations and enhancing project success, allowing investors to confidently engage with promising early-stage initiatives in the blockchain space.

Manta Network

Pre Seed Round in 2021
Manta Network is focused on creating a secure and interoperable digital ecosystem utilizing Zero-Knowledge technology. It operates a decentralized exchange platform designed to safeguard user privacy and prevent activity tracking. The platform is built on substrate frameworks, offering an easy-to-use and secure protocol that ensures end-to-end anonymity. With capabilities for high throughput and cross-chain interoperability, Manta Network provides customers with a reliable environment for exchanging data securely.

Compass Mining

Pre Seed Round in 2021
Compass Mining is a bitcoin mining and hosting platform focused on making Bitcoin mining accessible and profitable for its users. The company seeks to promote the decentralized growth of hash rate and enhance network security by providing resources for individuals to learn about, explore, and participate in bitcoin mining. Its platform offers essential information such as miner purchase prices, monthly hosting fees, estimated online dates, miner efficiency, current bitcoin prices, and network difficulty. This data empowers users to make informed decisions regarding their mining investments.

P0x Labs

Seed Round in 2021
P0x labs is the team behind Manta Network is a privacy-preserving technology operating on the Polkadot blockchain.

Spherium.Finance

Seed Round in 2021
Spherium is a multi-chain incubation and grant program. They connect the two through a transparent, non-custodial, and user-friendly one-stop DEFI financial system. They access the decentralized ecosystem, such as decentralized exchanges, protocols, staking, mobile wallets, and cross-chain transfer systems such as Ethereum, Binance Smart Chain, and Avalanche.

Web3API

Seed Round in 2020
Web3API is a developer-focused business that provides a toolchain aimed at enhancing the integration of Web3 protocols across various platforms. By making these protocols as accessible as traditional web services, Web3API enables developers to conduct GraphQL requests directly within applications and to download lightweight WebAssembly modules from the InterPlanetary File System (IPFS) during runtime. This approach addresses the challenges associated with integrating Web3 technologies, allowing applications written in any programming language on any device to seamlessly interact with decentralized protocols. Through its innovative solutions, Web3API seeks to improve the overall developer experience and expand the utility of Web3 across diverse applications.

Biconomy

Biconomy is a relayer infrastructure network and transaction highway to reduce the friction between applications built on the blockchain and the end-users. Biconomy’s relayer network comprises of an SDK and dashboard that abstracts and hides many of the complexities of opening a wallet, storing private keys, paying gas, and buying cryptocurrency.
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