• UneMeta

  Participated · Equity · Jul 2022

  UneMeta operates as an NFT incubator, trading marketplace and SocialFi space, providing premium NFT incubation services and a transaction marketplace where users can socially interact. The platform combines innovative gameplay, IP resources and a community foundation to support NFT projects. It aims to offer NFT holders security and transaction-fee opportunities within quality NFT transactions and SocialFi experiences. The company plans to use newly raised funds to expand operations and broaden its business reach. Financially, UneMeta completed a funding round reported at $5M in support of those expansion plans.

• Torum

  Participated · Equity · Apr 2021

  Torum is a Web3 SocialFi Metaverse ecosystem built around a social media platform with over 120,000 users. Its core product bundles social features with an interactive yield farming platform, an NFT marketplace, and the Torum Avatar NFT as a PFP Metaverse identity. The project announced an ambition to expand into the Metaverse and NFT space on September 27, 2021 and is building an immersive, interactive SocialFi Metaverse. Torum has attracted strategic investments from crypto investors, enabling it to pursue platform development and partner integrations. The partnership with KuCoin Labs is intended to provide access to exclusive partners and premium services such as blockchain technical support and legal advice. The company presents itself as an integrated destination for social, DeFi, NFT and Metaverse use cases for crypto users. Torum is a DeFi- and NFT-integrated social media platform based in Kuala Lumpur, Malaysia, led by CEO & founder Yi Feng Go. The platform targets cryptocurrency users and has accumulated over 64,000 enthusiasts across countries including the U.S., Canada, Latvia, Spain, Germany, France, Poland, and Malaysia. Torum has released a strategic ecosystem expansion plan prioritizing construction of a crypto ecosystem and core features such as an NFT launchpad (INO), a social-infused NFT marketplace, airdrops, a news aggregator, Torumgram (a Telegram bridge), and an audio-only Lounge for AMAs. The company is backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital and some 15 other crypto VCs. On Oct. 8, 2021 Torum received a strategic investment from Huobi Ventures HECO Fund; the amount was not disclosed. As part of the deal Huobi Ventures will provide access to exclusive media partners, community building, and project connections to expand Torum’s ecosystem outreach. Torum is a social media platform for cryptocurrency users built on Binance Smart Chain that integrates NFT and DeFi functionalities. Launched July 1, 2020 and based in Kuala Lumpur, Malaysia, the platform emphasizes gamification and token utility to engage users. Torum's native token XTM is used across the ecosystem for at least 10 purposes, including gift purchases, content boosting and NFT trading. The company reports over 29,000 users and a top 50,000 Alexa Rank, positioning it as an active crypto community hub. Torum says ecosystem-generated revenue will be redistributed back to the community through various gamified methods. With VC backing, the team plans to continue building NFT and DeFi use cases and to act as an adoption bridge connecting mainstream users to the crypto industry.

• Bifrost

  Participated · Seed · Sep 2020

  Bifrost is a Singapore-based DeFi protocol that provides an intermediate layer between staking and application layers to unlock liquidity for PoS tokens. Users can swap PoS tokens into protocol-issued vTokens (for example, vDOT for Polkadot), which are tradable and usable in DeFi applications. The vToken mechanism is designed to preserve staking security while providing liquidity and to enable staking rewards in cross-chain scenarios. Bifrost aims to resolve competition between staking and DeFi rewards by allowing users to obtain staking rewards while accessing liquidity for DEXs, liquidity mining and other DeFi fields. The project completed a $600,000 seed round in September 2020 with investors including NGC Ventures, SNZ Holding, Consensus Lab, Digital Renaissance, Youbi Capital, DFG and Longhash. Bifrost said participating investors include early Polkadot and staking-related institutions expected to provide parachain slot auction and staking liquidity business support in the future.

• FTX

  Participated · Equity · Aug 2019

  FTX Trading Ltd. operates FTX.COM, a cryptocurrency exchange built by traders for traders that offers derivatives, options and volatility products, tokenized stocks, prediction markets, leveraged tokens and an OTC desk. The company recently launched FTX Ventures, a $2 billion venture fund to advance global blockchain, cryptocurrency and Web3 adoption. FTX.COM is not available to U.S. residents or residents of other prohibited jurisdictions, per its Terms of Service. Led by CEO Sam Bankman-Fried, the company has pursued rapid product expansion across trading and institutional services. In connection with its growth, FTX disclosed a major equity financing that materially increased its public valuation. Financial and operating metrics beyond the announced financing and valuations were not disclosed in the article. FTX operates a cryptocurrency exchange and is based in San Francisco, CA. The company has just completed a new funding round that values it at $18 billion. FTX raised $900 million in the round, led by SoftBank Group Corp. More than 60 investors participated, and several prominent venture and hedge investors were named. The article notes that FTX's team worked directly with investors Paradigm, Ribbit, and BTIG to close the deal rather than using an investment banker. No operating metrics or use-of-proceeds details are provided in the article. FTX operates a cryptocurrency derivatives exchange offering futures trading, leveraged tokens and an OTC portal for traders and investment professionals. The platform supports quarterly and perpetual futures on major cryptocurrencies and various altcoin and midcap indices. It provides OTC trades on over 20 coins with no fees and instant settlement. The exchange was incubated by Alameda Research, which trades up to $1 billion per day and manages over $100 million in digital assets. Leading up to the raise FTX crossed $300m in total trading volume and launched spot orders, leaderboards, altcoin index futures and other features. FTX also issued a native utility token, FTT, that offers revenue buy-and-burn, lower trading fees, OTC rebates and collateral for futures trading.

No current team members are available.