Overview
Venture capital firm focused on crypto companies.
Founded
2022
Deals · 12mo
3
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
HyperLink | Oct 2026Participated | $3 MOther Equity | |
Silicon Data | Aug 2026Participated | $31 MSeries A | |
M1X Global | Jul 2026Participated | $6 MSeed | |
Irys | Aug 2025Participated | $10 MSeries A | |
Perpl | May 2025Participated | $9 MOther Equity | |
BSX | Aug 2024Participated | $4 MSeed | |
Kintsu | Jul 2024Participated | $4 MSeed | |
Kuru | Jul 2024Participated | $2 MSeed | |
Smart Transactions | May 2024Participated | $6 MSeed | |
Switchboard | May 2024Participated | $8 MSeries A | |
Arbelos Markets | May 2024Participated | $28 MSeed | |
Usual Labs | Apr 2024Participated | $7 MOther Equity | |
HyperLink | Oct 2026Participated | $3 MOther Equity | |
Silicon Data | Aug 2026Participated | $31 MSeries A | |
M1X Global | Jul 2026Participated | $6 MSeed | |
Irys | Aug 2025Participated | $10 MSeries A | |
Perpl | May 2025Participated | $9 MOther Equity | |
BSX | Aug 2024Participated | $4 MSeed | |
Kintsu | Jul 2024Participated | $4 MSeed | |
Kuru | Jul 2024Participated | $2 MSeed | |
Smart Transactions | May 2024Participated | $6 MSeed | |
Switchboard | May 2024Participated | $8 MSeries A | |
Arbelos Markets | May 2024Participated | $28 MSeed | |
Usual Labs | Apr 2024Participated | $7 MOther Equity |
Insights
Time horizon
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Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 0 | 8 |
| Series A | 0 | 3 |
| Other Equity | 0 | 7 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Apr '23 | 1 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 1 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 2 |
| Feb '24 | 1 |
| Mar '24 | 1 |
| Apr '24 | 1 |
| May '24 | 3 |
| Jun '24 | 0 |
| Jul '24 | 2 |
| Aug '24 | 1 |
| 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 | 1 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 1 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 1 |
| Aug '26 | 1 |
| Sep '26 | 0 |
| Oct '26 | 1 |
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 | 14 |
| Fintech | 7 |
| Developer Tools | 2 |
| Marketing & Advertising | 2 |
| Enterprise Software | 2 |
| Social & Community Platforms | 1 |
| Transportation & Logistics | 1 |
| Hardware & Robotics | 1 |
| Manufacturing | 1 |
| Cybersecurity & Privacy | 1 |
| AI & Machine Learning | 1 |
| Gaming & eSports | 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 | 6 |
| $5M-$10M | 8 |
| $10M-$25M | 2 |
| $25M-$50M | 2 |
| $50M-$100M | 0 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 3 of 3 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 12 |
| Europe | 5 |
| 10012 | 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 |
|---|---|
| Dragonfly | 3 |
| North Island Ventures | 3 |
| Amber Group | 2 |
| Brevan Howard Digital | 2 |
| Chorus One | 2 |
| CMS Holdings | 2 |
| CMT Digital | 2 |
| CoinFund | 2 |
| GSR | 2 |
| Hack VC | 2 |
| HashKey Capital | 2 |
| Hypersphere Ventures | 2 |
| Maelstrom | 2 |
| Node Capital | 2 |
| StarkWare | 2 |
| WAGMI Ventures | 2 |
| 1kx | 1 |
| 2 Punks Capital | 1 |
| 640 Oxford Ventures | 1 |
| a16z Scout | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 0 | 0% |
| Participating | 18 | 100% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 0 | 0% |
| Co-led | 0 | 0% |
Lead dynamics requires at least one led deal in this range