Participated · Seed · Aug 2026

Dow Protocol develops infrastructure to tokenize real-world assets and bring traditional assets onto blockchain networks. The company aims to enable tokenized representations of assets such as real estate, commodities, and private credit for on-chain trading and liquidity. Specific technical differentiators and product details have not been publicly disclosed, and no launch timeline was provided in the reporting. Dow faces competition from established RWA platforms including Ondo Finance, Centrifuge, and Maple Finance. The firm recently bolstered its balance sheet with a $9 million seed round backed by a diverse group of investors, suggesting market validation but early-stage status. Regulatory uncertainty around securities classification and cross-border compliance in the RWA sector is noted as a material consideration for the company’s development and adoption.

Participated · Series A · May 2026

TownSquare is a DeFi money market protocol operating on the Monad layer-1 blockchain that facilitates lending and borrowing. The protocol plans to develop a $USD1 stablecoin and tokenize real-world assets (RWAs) to be used as collateral within its markets. By integrating RWAs, TownSquare aims to offer more stable, yield-generating opportunities and to bridge traditional finance with on-chain lending. The project has secured $16.25 million in pre-Series A funding from a consortium of institutional and crypto investors. The funds are earmarked to build out its revenue-generation infrastructure and accelerate the stablecoin and RWA initiatives. No operating metrics, valuation, founding year, or location were provided in the announcement.

Participated · Equity · Apr 2024

Puffverse builds Web3 games and a platform centered on its Puff IP, starting with a casual party title called PuffGo. PuffGo will feature multiplayer races, a user-generated content editor for creating levels, and social interaction across a large world. The platform plans to issue a native token this year that can be used across multiple Puffverse games. Puffverse intends to migrate to the Ronin network to publish PuffGo and to upgrade into a cloud gaming platform next year. As part of that roadmap it will use cloud rendering to invite other NFT projects, convert 2D NFTs into 3D, and allow users to control NFT characters in cloud metaverse or game scenes for socializing and competition. The company completed a $3 million financing led by Animoca Brands, with participation from Arcane Group, Spartan Group, Foresight Ventures, HashKey Capital, Sky Mavis and Xu Family Office.

Participated · Seed · Feb 2024

BounceBit is a Singapore-based BTC restaking infrastructure provider focused on enabling BTC holders to earn yield across multiple networks via a CeFi + DeFi framework. The company is building the BounceBit chain, a PoS Layer 1 secured by validators staking both BTC and BounceBit’s native token in a dual-token model that combines Bitcoin security with full EVM compatibility. Ecosystem infrastructure such as bridges and oracles are secured by restaked BTC, and custody for the model is provided by regulated providers Mainnet Digital and Ceffu. Led by Founder and CEO Jack Lu, BounceBit positions its chain as a showcase restaking product within a broader ecosystem of restaking offerings. The company recently raised $6M in Seed funding and plans to use the proceeds to expand operations and accelerate development efforts.

Participated · Seed · Feb 2024

BBO Exchange operates a remote decentralized derivative trading platform focused on perpetual DEX trading. The platform incorporates Oracle Extractable Value into its liquidation process and uses an auction mechanism that capitalizes on latency in oracle price updates. It also features a multi-asset, signal-driven dynamic distribution AMM that lets liquidity providers correlate price ranges with other assets, emulating proactive market maker strategies while preserving passive liquidity provision. BBO provides an interface and a scalable SDK designed for both DeFi power users and casual investors. The company says its Beta is open for registration and will use the funds to continue developing the platform. Last year BBOX was one of 12 projects selected by Binance Labs in its incubation Season 6.