Overview
Open source non-custodial protocol for decentralized lending and borrowing.
Founded
2017
Deals · 12mo
2
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Aave | Apr 2026Led | $160 MOther Equity | |
DeFi United | Apr 2026Participated | $160 MOther Equity | |
Build on Bitcoin | Jul 2024Participated | $2 MOther Equity | |
Fantom Foundation | May 2024Participated | $10 MOther Equity | |
Aave | Apr 2026Led | $160 MOther Equity | |
DeFi United | Apr 2026Participated | $160 MOther Equity | |
Build on Bitcoin | Jul 2024Participated | $2 MOther Equity | |
Fantom Foundation | May 2024Participated | $10 MOther Equity |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Other Equity | 1 | 3 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| May '24 | 1 |
| Jun '24 | 0 |
| Jul '24 | 1 |
| 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 | 2 |
| 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 | 4 |
| Fintech | 2 |
| Enterprise Software | 1 |
| Social & Community Platforms | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 1 |
| $5M-$10M | 0 |
| $10M-$25M | 1 |
| $25M-$50M | 0 |
| $50M-$100M | 0 |
| $100M-$250M | 2 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 3 of 3 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| Cayman Islands | 2 |
| United States | 1 |
| Europe | 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 |
|---|---|
| Mantle | 2 |
| Babylon | 1 |
| BlackRock | 1 |
| Centrifuge | 1 |
| Curve | 1 |
| Ethena | 1 |
| Ether.Fi | 1 |
| Frax | 1 |
| Golem Foundation | 1 |
| Hashed | 1 |
| Injective | 1 |
| Ink Foundation | 1 |
| LayerZero Labs | 1 |
| Ledger | 1 |
| Lido | 1 |
| Magic Eden | 1 |
| Mechanism | 1 |
| Ordinals | 1 |
| Rarible | 1 |
| Signum Capital | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 1 | 25% |
| Participating | 3 | 75% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 0 | 0% |
| Co-led | 1 | 100% |
Team
Head of Institutional Business
Senior Software Developer
Head of smart contracts
Head of Data Science
Director of Developer Relations
Chief Design Officer
CEO & Founder