Overview
Venture capital fund focused on blockchain technology and digital assets.
Founded
2022
Deals ยท 12mo
4
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Nebex | Jun 2026Participated | $30 MSeed | |
VeryAI | Mar 2026Participated | $10 MSeed | |
t54 Labs | Feb 2026Led | $5 MSeed | |
Noise | Jan 2026Participated | $7 MSeed | |
Belfort | Sep 2025Participated | $6 MSeed | |
Raiku | Sep 2025Participated | $14 MSeed | |
Rakurai | Mar 2025Led | $3 MSeed | |
Ligero | Feb 2025Participated | $4 MSeed | |
Raise | Feb 2025Participated | $63 MOther Equity | |
Drosera | Feb 2025Participated | $5 MOther Equity | |
Ranger Labs | Jan 2025Participated | $2 MOther Equity | |
1Money | Jan 2025Participated | $20 MSeed | |
Nebex | Jun 2026Participated | $30 MSeed | |
VeryAI | Mar 2026Participated | $10 MSeed | |
t54 Labs | Feb 2026Led | $5 MSeed | |
Noise | Jan 2026Participated | $7 MSeed | |
Belfort | Sep 2025Participated | $6 MSeed | |
Raiku | Sep 2025Participated | $14 MSeed | |
Rakurai | Mar 2025Led | $3 MSeed | |
Ligero | Feb 2025Participated | $4 MSeed | |
Raise | Feb 2025Participated | $63 MOther Equity | |
Drosera | Feb 2025Participated | $5 MOther Equity | |
Ranger Labs | Jan 2025Participated | $2 MOther Equity | |
1Money | Jan 2025Participated | $20 MSeed |
Insights
Time horizon
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Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 3 | 15 |
| Series A | 0 | 2 |
| Other Equity | 1 | 5 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Aug '22 | 1 |
| Sep '22 | 1 |
| Oct '22 | 0 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 1 |
| Sep '23 | 0 |
| Oct '23 | 1 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 1 |
| Feb '24 | 1 |
| Mar '24 | 1 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 0 |
| Jul '24 | 2 |
| Aug '24 | 1 |
| Sep '24 | 2 |
| Oct '24 | 2 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 2 |
| Feb '25 | 3 |
| Mar '25 | 1 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 2 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 1 |
| Feb '26 | 1 |
| Mar '26 | 1 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 1 |
| 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 | 19 |
| Fintech | 14 |
| Enterprise Software | 3 |
| AI & Machine Learning | 2 |
| E-Commerce & Retail | 1 |
| Cybersecurity & Privacy | 1 |
| AR/VR | 1 |
| Professional Services | 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 | 9 |
| $5M-$10M | 10 |
| $10M-$25M | 5 |
| $25M-$50M | 1 |
| $50M-$100M | 1 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 7 of 7 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 16 |
| M44 6tg | 2 |
| Singapore | 2 |
| Hong Kong | 2 |
| Europe | 2 |
| Canada | 1 |
| Bermuda | 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 |
|---|---|
| Robot Ventures | 5 |
| Bankless Ventures | 3 |
| Borderless Capital | 3 |
| GSR | 3 |
| Hack VC | 3 |
| HashKey Capital | 3 |
| SNZ | 3 |
| UDHC | 3 |
| Amber Group | 2 |
| Ambush Capital | 2 |
| Aptos Labs | 2 |
| Arrington Capital | 2 |
| Asymmetric | 2 |
| Big Brain Holdings | 2 |
| Chorus One | 2 |
| CoinFund | 2 |
| Comfy Capital | 2 |
| Cyber Fund | 2 |
| Digital Currency Group | 2 |
| Ethereal Ventures | 2 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 4 | 15% |
| Participating | 22 | 85% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 2 | 50% |
| Co-led | 2 | 50% |
Team
Co-Founder