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The Venture Codex

AscendEX

477 River Valley Road #19-05 Valley Park, Singapore, 248362

Overview

Global operator of digital asset exchanges for various clients.

Founded

2018

Deals ยท 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

Gibraltar
Singapore
Taiwan
United States

Sector focus

Blockchain
Decentralized Finance (DeFi)
Financial Services

Investment portfolio

5rounds
NAMEDATESIZE
System 9
Jun 2022Participated
$6 MOther Equity
CoinRoutes
Mar 2022Participated
$16 MSeries B
WOO Network
Nov 2021Participated
$30 MSeries A
Sovryn
Apr 2021Participated
$9 MOther Equity
Zignaly
Apr 2021Participated
$3 MOther Equity
System 9
Jun 2022Participated
$6 MOther Equity
CoinRoutes
Mar 2022Participated
$16 MSeries B
WOO Network
Nov 2021Participated
$30 MSeries A
Sovryn
Apr 2021Participated
$9 MOther Equity
Zignaly
Apr 2021Participated
$3 MOther Equity
5
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

AscendEX: 5 funding rounds are recorded in the selected participation categories.All available history.
AscendEX: 5 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A01
Series B01
Other Equity03

Monthly Deal Activity

AscendEX: 5 deals are recorded across 67 months.All available history.
AscendEX: 5 deals are recorded across 67 months. All available history
MonthDeals
Apr '212
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '211
Dec '210
Jan '220
Feb '220
Mar '221
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

AscendEX: Crypto & Blockchain is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

AscendEX: Crypto & Blockchain is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Crypto & Blockchain5
Fintech3
Networks, Cloud & Communication1
Professional Services1
Data, Analytics & IT1

Deal Size Distribution

AscendEX: 5 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

AscendEX: 5 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M2
$10M-$25M1
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

AscendEX: United States has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

AscendEX: United States has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
United States2
Europe1
South Africa1
Taiwan1
AscendEX: 20 co-investors are shown, with Gate Ventures sharing 2 recorded deals.All available history.

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.

AscendEX: 20 co-investors are shown, with Gate Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Gate Ventures2
3Commas Capital1
Acheron Trading1
Antalpha1
Arca1
AU21 Capital1
Avataar Ventures1
Ayon Capital1
BitMart1
Blockware Solutions1
BSCPad1
C2 Ventures1
C6E1
Cadenza Ventures1
Cboe Global Markets1
Celsius1
CMT Digital1
Consolidated Trading1
Crypto.com1
DAO Maker1

Investment Strategy

AscendEX: Led accounts for 0% and participating for 100% of round participation.All available history.
AscendEX: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating5100%
AscendEX: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
AscendEX: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

George Cao

Founding Partner & CEO