Overview
Growth equity fund investing in digital asset ecosystem companies.
Founded
2019
Deals ยท 12mo
0
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Futureverse | Jul 2023Led | $54 MSeries A | |
Blockworks | May 2023Led | $12 MSeries A | |
QuickNode | Jan 2023Led | $60 MSeries B | |
Doodles | Sep 2022Participated | $54 MOther Equity | |
InfStones | Jun 2022Participated | $66 MOther Equity | |
Babel Finance | May 2022Participated | $80 MSeries B | |
Qredo | Feb 2022Led | $80 MSeries A | |
Animoca Brands | Jan 2022Participated | $360 MOther Equity | |
Gemini | Nov 2021Participated | $400 MOther Equity | |
Helium | Aug 2021Participated | $111 MOther Equity | |
Ledger | Jun 2021Led | $380 MSeries C | |
Figure | May 2021Led | $200 MSeries D | |
Futureverse | Jul 2023Led | $54 MSeries A | |
Blockworks | May 2023Led | $12 MSeries A | |
QuickNode | Jan 2023Led | $60 MSeries B | |
Doodles | Sep 2022Participated | $54 MOther Equity | |
InfStones | Jun 2022Participated | $66 MOther Equity | |
Babel Finance | May 2022Participated | $80 MSeries B | |
Qredo | Feb 2022Led | $80 MSeries A | |
Animoca Brands | Jan 2022Participated | $360 MOther Equity | |
Gemini | Nov 2021Participated | $400 MOther Equity | |
Helium | Aug 2021Participated | $111 MOther Equity | |
Ledger | Jun 2021Led | $380 MSeries C | |
Figure | May 2021Led | $200 MSeries D |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Series A | 3 | 0 |
| Series B | 1 | 1 |
| Series C+ | 2 | 0 |
| Other Equity | 0 | 5 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| May '21 | 1 |
| Jun '21 | 1 |
| Jul '21 | 0 |
| Aug '21 | 1 |
| Sep '21 | 0 |
| Oct '21 | 0 |
| Nov '21 | 1 |
| Dec '21 | 0 |
| Jan '22 | 1 |
| Feb '22 | 1 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 1 |
| Jun '22 | 1 |
| Jul '22 | 0 |
| Aug '22 | 0 |
| Sep '22 | 1 |
| Oct '22 | 0 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 1 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 1 |
| Jun '23 | 0 |
| Jul '23 | 1 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 0 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Crypto & Blockchain | 10 |
| Fintech | 5 |
| Networks, Cloud & Communication | 4 |
| Developer Tools | 3 |
| Enterprise Software | 3 |
| Media & Entertainment | 2 |
| Cybersecurity & Privacy | 2 |
| AR/VR | 2 |
| Marketing & Advertising | 1 |
| AI & Machine Learning | 1 |
| Gaming & eSports | 1 |
| Data, Analytics & IT | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 0 |
| $5M-$10M | 0 |
| $10M-$25M | 1 |
| $25M-$50M | 0 |
| $50M-$100M | 6 |
| $100M-$250M | 2 |
| $250M-$500M | 3 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 6 of 6 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 5 |
| Hong Kong | 2 |
| Europe | 2 |
| India | 1 |
| Canada | 1 |
| New Zealand | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Digital Currency Group | 2 |
| Liberty City Ventures | 2 |
| Morgan Creek Digital | 2 |
| ParaFi Capital | 2 |
| Ribbit Capital | 2 |
| Seven Seven Six | 2 |
| A&T Capital | 1 |
| Acrew Capital | 1 |
| Alameda Research | 1 |
| Alumni Ventures | 1 |
| Andreessen Horowitz | 1 |
| Avalanche | 1 |
| BAI Capital | 1 |
| C Ventures | 1 |
| Cathay Innovation | 1 |
| Circle Ventures | 1 |
| Coinbase Ventures | 1 |
| Commonwealth Bank of Australia | 1 |
| DCM | 1 |
| Delta Fund | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 6 | 50% |
| Participating | 6 | 50% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 5 | 83% |
| Co-led | 1 | 17% |
Team
Founder, Managing Partner and CEO
Partner
Co-Founder and General Partner