Participated · Seed · Feb 2026

T54 Labs is a San-Francisco-based startup building a layer service that underpins the emerging autonomous or “agentic” economy. Its platform offers agent identity verification, real-time risk assessment, and compliance frameworks tailored to AI agents, ensuring transactions remain secure, auditable, and accountable. By focusing on these trust and compliance primitives, the company aims to facilitate widespread institutional adoption of autonomous operations. The firm was founded by Chandler Fang and positions itself as critical infrastructure for organizations deploying AI-driven agents. With the fresh capital, T54 Labs plans to expand its engineering team, accelerate product development, and deepen partnerships with institutions embracing autonomous workflows. The recent $5 million seed round marks its first disclosed financing and provides runway to scale both technology and go-to-market efforts.

Participated · Equity · Feb 2025

Bitwise Asset Management is a crypto-specialist asset manager that offers a broad suite of 32 investment solutions across beta, alpha, and onchain strategies. Its product set includes yield and alpha strategies, multi-strategy solutions, separately managed accounts, onchain staking, index funds, and bitcoin ETPs. The firm ended 2024 with more than $12 billion in client assets after more than 10x growth during the year. Proceeds from the $70 million equity raise will bolster the firm's balance sheet and accelerate buildout of investment capabilities and investor solutions. Bitwise has offices in San Francisco, New York, and London and employs more than 100 technology and investment professionals, with plans to grow headcount to over 130 this year. More than 5,000 wealth teams, RIAs, family offices, institutional clients in the U.S. and Europe, and over 15 banks, broker-dealers, and platforms use Bitwise products. Bitwise Asset Management is a cryptoasset manager that runs a large crypto index fund (OTCQX: BITW) and a suite of products including the Bitwise 10 Crypto Index Fund, Bitwise Bitcoin Fund, Bitwise Ethereum Fund, and targeted products for DeFi and crypto equities. The firm recently launched the Bitwise DeFi Crypto Index Fund and the Bitwise Crypto Industry Innovators ETF (NYSE: BITQ), which tracks the Bitwise Crypto Innovators 30 Index of pure-play crypto equities. Bitwise focuses on partnering with financial advisors and investment professionals, providing education and research alongside its product lineup. The company manages over $1.2 billion in assets across its investment solutions and is currently profitable. Bitwise plans to use new capital to strengthen its balance sheet and accelerate a national buildout of its organization, team, and product suite. The firm is led by CEO Hunter Horsley and is based in San Francisco, CA. Bitwise Asset Management, founded in 2017 by Hunter Horsley and Hong Kim, is a San Francisco-based cryptocurrency investment startup. The company develops funds, indexes, insight, and other services for individuals, wealth managers, family offices, investment managers, and institutions. It is launching the Bitwise HOLD 10 Private Index Fund, a cryptocurrency index fund that holds the top-10 most valuable crypto-assets selected and weighted by market capitalization. The fund rebalances monthly and is designed to capitalize on hard forks and airdrops. Bitwise raised $4M in seed funding from a group of investors to support its product and growth plans.

Participated · Series C · Oct 2024

Yellow Card builds stablecoin payment infrastructure and Global USD Accounts that let businesses hold U.S. dollars, manage treasury operations, swap stablecoins and send or receive local-currency payments across its network. The company has processed more than $10 billion in transactions, supports over 50 currencies and holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa. It counts strategic partnerships and customers including Visa, Mastercard, PayPal, Coinbase, Western Union and others. Yellow Card is focused on expanding its stablecoin rails to enable faster cross-border transactions and to connect banks directly to those rails. The company plans international expansion into Latin America, the Middle East, Europe and the Asia-Pacific region. Its recent financing has brought total equity funding to more than $120 million, which the company says will be deployed to scale product rollout and geographic reach.

Participated · Seed · Jul 2024

Compute Labs is building a real-world-asset tokenization protocol that treats compute — including CPU and GPU processing power — as the underlying asset. The protocol is built on Solana. The startup completed a $3.0M Pre-Seed financing at a $30.0M valuation. Protocol Labs led the round. Other backers include Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group, P2 Ventures (formerly Polygon Ventures), Polygon’s Sandeep Nailwal and Solana Foundation’s Austin Federa.

Participated · Seed · Jun 2024

Zeek is a decentralized collaboration network that uses on-chain social-bounty mechanics to generate a reputation layer for users. Its core product uses ‘Wishes’ (on-chain bounties) to surface opportunities for information, connections, and contributions. User contributions generate ‘Rizz’, a measurable reputation metric intended to be monetized and to signal credibility and influence. The product is powered by OpenSocial Protocol and the team has designed a token to foster collaboration and on-chain reputation construction. Zeek is currently in Private Beta and is preparing for an official launch in July, with pre-registration open via X and Discord. The company plans a Tier-0 Genesis NFT drop, limited to 250, later this month.