Double Peak
1608, 16/F, TWO CHINACHEM CENTRAL, Hong Kong, Hong Kong Island
Overview
At Double Peak Group, our guiding philosophy embraces a unique blend of value investing, focused on the pioneering domain of digital assets. Managed by Nyx Holdings, the family office of Galen Law-Kun, our strategy is grounded in making meaningful investments during early funding rounds and secondary markets in the digital asset ecosystem. We pinpoint undervalued opportunities that hold the promise of substantial growth over an extended time horizon. Our investments cast a wide net across various facets of the digital asset ecosystem, reflecting our comprehensive and dynamic approach. From Asset Management, Banking & Payments, and Cross-Chain Bridges, to DeFi Primitives, Infrastructure Protocols, Investment Funds, Gaming/Metaverse, NFTs, Privacy/Security, and Web+ Social Protocols – our footprint is extensive and growing.
- Total investments
- 21
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Blockchain
- Cryptocurrency
- Venture Capital
Investment portfolio
- Covalent
Participated · Equity · Jun 2024
Covalent develops blockchain data infrastructure that lets users and developers access historical blockchain data in an "Ethereum Wayback Machine." The firm focuses on delivering long-term data availability for blockchain applications. It said it will use the new financing to expand operations in Asia and to bolster adoption in markets such as China and Singapore. Covalent has raised funds via token sales, totaling over $20 million, and its native CQT token traded at $0.17 with a market capitalization of $123.1 million at the time of reporting. In March 2021 the company raised $2 million in a strategic round led by Hashed Ventures with support from Coinbase Ventures, Binance Labs and Delphi Ventures. Arthur Hayes joined Covalent as an advisor and received CQT tokens as compensation.
- Aperture Finance
Participated · Series A · Jun 2024
Aperture Finance is a decentralized finance platform pioneering AI-powered intents. The company is based in Sunnyvale, CA. It focuses on applying AI to enable intent-driven DeFi interactions. Aperture announced a $6.7 million Series A funding round. The round was led by Skyland Ventures, Blockchain Founders Fund, and Krypital Group, with participation from Alchemy, SNZ, Stratified Capital, Tide, Cipholio, ViaBTC, CatcherVC, and Double Peak. The article does not provide revenue, user metrics, or detailed plans for the use of proceeds.
- NodeOps
Participated · Seed · May 2024
NodeOps provides a permissionless blockchain node orchestration platform that enables one-click node deployment across blockchain infrastructures. Its core offerings include a permissionless value capture engine and Actively Validated Services (AVS) on EigenLayer, plus monitoring, vulnerability trackers, and NodePad™, a one-click node launchpad. The company has facilitated creation of over 17,000 nodes and currently powers more than 25 live chains. NodeOps is led by Naman Kabra and focuses on improving transparency and security in the Ethereum ecosystem. The firm plans to use new funding to scale operations, extend infrastructure to additional protocols, and build incentive mechanisms for NodeOps developers. No revenue or other financial metrics were disclosed in the article.
- Param Labs Inc
Participated · Seed · May 2024
Param Labs is a game infrastructure service provider whose flagship title is Kiraverse. Kiraverse is a third-person shooter multiplayer Web3 game. Players can compete, earn and trade unique digital assets such as characters and skins. The company provides infrastructure and services to support these Web3 game experiences. Recently Param Labs raised a $7 million seed round. Investors in the round include Animoca Brands, Delphi Ventures, Cypher Capital, P2 Ventures, Mechanism Capital, Merit Circle, TRGC Capital, Double Peak and MH Ventures.
- Gamic
Participated · Equity · May 2024
Gamic is developing a community application that runs the rails to Web3, aiming to help digital communities connect, engage and transact. The company says its platform has seen tremendous growth in users, communities and transactions. Its stated vision is to transform digital communities into vibrant economic networks and to provide tools for broader decentralized, user‑empowered participation. Gamic is backed and incubated by Binance Labs, with Fundamental Labs serving as its development partner. The startup has raised $1.8 million across multiple rounds to fund product development and expansion. It is currently working toward launching Gamic V3 and plans to collaborate closely with partners and investors to execute its roadmap.