Cathay Ledger Fund
52 Rue d'Anjou 2nd Floor, Paris, Ile-de-France, 75008, France
Overview
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Morpho Labs | Jun 2026Participated | $175 MOther Equity | |
Midas | Mar 2026Participated | $50 MSeries A | |
Cryptio | Mar 2026Participated | $45 MSeries B | |
Cryptio | Jan 2025Participated | $15 MSeries A | |
Midas | Mar 2024Participated | $9 MSeed | |
Flowdesk | Jan 2024Participated | $50 MSeries B | |
Morpho Labs | Jun 2026Participated | $175 MOther Equity | |
Midas | Mar 2026Participated | $50 MSeries A | |
Cryptio | Mar 2026Participated | $45 MSeries B | |
Cryptio | Jan 2025Participated | $15 MSeries A | |
Midas | Mar 2024Participated | $9 MSeed | |
Flowdesk | Jan 2024Participated | $50 MSeries B |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 0 | 1 |
| Series A | 0 | 2 |
| Series B | 0 | 2 |
| Other Equity | 0 | 1 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Jan '24 | 1 |
| Feb '24 | 0 |
| Mar '24 | 1 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 1 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 2 |
| 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 | 6 |
| Fintech | 4 |
| Professional Services | 2 |
| Data, Analytics & IT | 2 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 0 |
| $5M-$10M | 1 |
| $10M-$25M | 1 |
| $25M-$50M | 1 |
| $50M-$100M | 2 |
| $100M-$250M | 1 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 1 of 1 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| Europe | 6 |
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 |
|---|---|
| 1kx | 2 |
| Alven | 2 |
| Coinbase Ventures | 2 |
| Framework Ventures | 2 |
| GSR | 2 |
| HV Capital | 2 |
| 6th Man Ventures | 1 |
| Anchorage | 1 |
| Andreessen Horowitz | 1 |
| Apollo Funds | 1 |
| BlackFin Capital Partners | 1 |
| BlockTower Capital | 1 |
| BlueYard Capital | 1 |
| Bpifrance | 1 |
| Burda Principal Investments | 1 |
| Cathay Innovation | 1 |
| Circle Ventures | 1 |
| Creandum | 1 |
| Eurazeo | 1 |
| FJ Labs | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 0 | 0% |
| Participating | 6 | 100% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 0 | 0% |
| Co-led | 0 | 0% |
Lead dynamics requires at least one led deal in this range