Led · Seed · Jan 2026

DWF Labs begins the year by deploying capital into the decentralized-finance sector. According to co-founder Andrei Grachev, the firm has already closed a $1 million seed investment in an as-yet-unnamed DeFi project. Details about the recipient, deal structure, and transaction terms have not been disclosed, with management promising further information later. The announcement underscores DWF Labs’ active investment posture at the very start of the year. While no operating metrics or revenue figures for DWF Labs were provided, the company’s willingness to write a seven-figure seed check highlights meaningful resources under management. Beyond this initial 2026 deal, no additional future plans or pipeline investments were revealed. Financial specifics about DWF Labs itself—such as assets under management or fundraising history—remain undisclosed.

Led · Equity · Jan 2026

Founded in 2017 in Zug, ZenChain is building a Layer-1 network that connects Bitcoin-native capital with EVM-compatible chains. Its core innovation is the Cross-Liquidity Consensus Mechanism (CLCM), which supports cross-chain value transfer, decentralized applications, and unified infrastructure participation. The platform seeks to provide EVM programmability without compromising Bitcoin-aligned security principles, giving developers composable access to both ecosystems. Recent testnet traction and ecosystem growth were cited by investors as evidence of the team’s execution speed and precision. The company’s roadmap includes a forthcoming Token Generation Event (TGE) and subsequent mainnet launch. Proceeds from its latest funding will accelerate core protocol development, expand validator participation, and fund go-to-market initiatives. No revenue, usage, or other operating metrics have been publicly disclosed.

Participated · Equity · Oct 2025

Depinsim is building the Free Mobile Internet Protocol, an open protocol layer that lets users earn value for every byte of mobile data they consume. By fusing eSIM connectivity with on-chain incentive mechanisms, the company enables users to ‘mine connections,’ earning rewards that can top up data plans or be exchanged for the stablecoin $PIN. Its ecosystem offers three earning paths—activating specialized mining devices, completing tasks, or simply using data—thereby turning routine connectivity into a revenue stream. At the application layer, Depinsim’s Task Incentive Platform allows Web2 and Web3 companies to distribute data packages as user rewards, driving low-cost, high-quality customer acquisition. This approach positions Depinsim as a bridge between mainstream mobile usage and Web3 value capture, making online activity measurable and monetizable. No revenue, user, or location metrics were disclosed in the article.

Participated · Equity · Oct 2025

Block Street is building a specialized infrastructure stack designed to make trading tokenized stocks as quick and dependable as traditional equity markets. Its core system, called Aqua, runs on the Monad blockchain and employs an RFQ model where market makers compete to provide the best prices, with quotes cryptographically signed and verified on-chain to eliminate manipulation or latency. Complementing Aqua is Everst, a lending and liquidation module that lets users borrow, short, or hedge tokenized equities, aiming to curb MEV leakage and add real utility beyond speculation. The company positions itself as an infrastructure provider rather than a single application, targeting institutional-grade settlement guarantees and latency budgets through Monad’s parallel EVM. Block Street plans to launch on Monad later this year, then expand to Ethereum, BNB Chain, and Base as integrations mature. Transparency dashboards comparing its execution quality to automated market makers are also on the roadmap. The founding team includes alumni from Citadel, Point72, and Google, although revenue or user metrics have not yet been disclosed.

Participated · Seed · Sep 2025

Flying Tulip’s core product is ftUSD, a delta-neutral stablecoin designed to maintain stability through on-chain mechanisms that let holders redeem tokens for their original contribution (e.g., ETH) at any time. All Flying Tulip (FT) tokens are sold at $0.10 with a capped fully-diluted valuation of $1 billion, and the token structure includes a perpetual put that enables continuous liquidity for investors. The project has attracted significant demand, garnering soft commitments of roughly $1.6 billion even though it expects to accept only about $400 million in upcoming whitelist rounds. In October, Flying Tulip closed a $200 million seed round, and its recent raises have lifted total funding to $225 million. The team has already collected $25.5 million in a Series A token round and $50 million through Impossible Finance’s Curated platform, and it has earmarked another $200 million allocation for an upcoming CoinList sale. Management plans additional whitelist rounds to reach a combined $1 billion target raise. With billions of dollars of interest already logged on Impossible Finance and CoinList, the fundraising is likely to be oversubscribed, underscoring strong market appetite for the ftUSD model.