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The Venture Codex

Echo

600 W. Chicago Ave. Suite 200, Chicago, IL, 60654, US

Overview

Echo is a digital platform that allows users to form groups to discuss deals and invest in the cryptocurrency industry.

Total investments
12
Lead investments
2
Investments · 12mo
3
Active investors
1

Sector focus

  • Cryptocurrency
  • Funding Platform
  • Impact Investing
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Investment portfolio

  • Fireplace

    Participated · Seed · Feb 2026

    Fireplace is building a unified, professional interface—often likened to a Bloomberg Terminal—for the rapidly expanding prediction-market ecosystem. The platform aggregates liquidity and market data from multiple venues, then uses smart-order routing to execute trades at the best available prices. Key features include real-time data feeds, advanced charting, whale and insider tracking, wallet services, and automations powered by the company’s in-house Enclave Money infrastructure. Since its public launch on January 27, 2026, Fireplace has generated notable early traction with more than 30,000 traders on its waitlist and over 10,000 organic followers on X, while also earning an official Polymarket badge. Management plans to deepen data layers and broaden cross-venue aggregation capabilities to support institutional-grade execution as prediction markets fragment across chains. The company recently secured $1.5 million in pre-seed funding to accelerate these product enhancements and development efforts.

  • Predictive Market Space

    Participated · Seed · Dec 2025

    Predictive Market Space runs a decentralized, leveraged prediction market that relies on the Solana blockchain for fast and low-cost transactions. Users can take positions on future events with leverage, amplifying both potential gains and losses compared with standard prediction markets. The platform issued its own tokens and is financing operations and liquidity through a public token sale. In the initial phase of that sale, the company has already attracted over $10.55 million in commitments. The sale began with a fully diluted valuation (FDV) cap of $50 million and sold $2.5 million worth of tokens at that level. After surpassing this milestone, the sale will continue while linearly increasing the FDV ceiling up to $99 million, meaning later buyers will pay higher implied valuations. Once the public sale concludes, every participant will receive tokens at a single, uniform clearing price.

  • Mu Digital

    Participated · Seed · Nov 2025

    Mu Digital is building an infrastructure layer that brings real-world, high-yield Asian credit instruments onto the blockchain. Its flagship products include Asia Dollar (AZND), which targets a 6–7% yield, and muBOND, which seeks to deliver yields of up to 15%. By tapping into Asia’s estimated $20 trillion credit market, the company aims to channel institutional-grade, yield-generating assets into decentralized finance. Mu Digital plans to launch its ecosystem on the Monad mainnet on November 24, positioning itself to capture early user and liquidity traction. The firm’s strategy revolves around creating compliant, yield-bearing stablecoins and bond-like tokens that can be easily integrated into DeFi protocols. While still pre-revenue, the fresh capital gives the team runway to finalize product launches, integrate with on-chain partners, and scale its asset-sourcing pipeline. The focus on regulated, high-yield credit differentiates Mu Digital from existing RWA tokenization platforms, potentially attracting both retail and institutional investors seeking stable income.

  • Bitlayer

    Participated · Initial Coin Offering · Aug 2025

    Founded in October 2023, Bitlayer Labs is building a Bitcoin Layer 2 network based on the Bitcoin Virtual Machine (BitVM) to expand application programmability and tap into Bitcoin security. The team launched mainnet V1 in early 2024 and released a trust-minimized BitVM Bridge in July. Bitlayer has released integrations with chains including Arbitrum, Base, Cardano, and Sui and plans to ship a V2 of its mainnet later this year. The project raised capital through both private and public rounds; the fresh capital will be used for operational expansion, team growth, and ecosystem development. As of this raise, Bitlayer's total funding stands at $29.91 million across private and public rounds. Bitlayer is positioned as the first Bitcoin Layer 2 based on Bitcoin finality, offering a native environment through technologies such as OpVM, Finality Bridge, and RtEVM. It has implemented OpVM, which combines fraud proofs (BitVM) and validity proofs (OP_CAT) to enable Bitcoin L1 verification of arbitrary computations. The project launched Mainnet‑V1 on April 15 and now hosts over 280 deployed DApps across infrastructure, wallets, DeFi, NFTs, gaming, metaverse, and RWAs. Bitlayer reports partnerships with more than 30 Web3 platforms including Hacken, AWS Cloud, Ankr, Polyhedra, Babylon, Particle Network, and Meson. The team is preparing the imminent launch of Bitlayer V2, a Bitcoin‑native rollup whose state transitions are protected by OpVM. The company has raised a total of $25 million to date, funds the team says will accelerate development, scalability, and user accessibility. Bitlayer Labs offers a Bitcoin Layer 2 solution based on the BitVM paradigm. Its core objective is to address the trade-off between security and Turing completeness in BTC Layer 2 through cryptographic innovations and blockchain protocol engineering. The company aims to become the computation layer for Bitcoin, introducing ultra-scalability while inheriting Bitcoin’s security. Bitlayer targets a high-throughput, low-cost transaction experience for users. It intends to use recent funding to expand growth and development efforts. The Series A brought the company’s total capital raised to $16M. Bitlayer is a Bitcoin Layer 2 infrastructure provider building Layer 2 infrastructure for Bitcoin. The company plans to launch its mainnet on April 5. It will introduce an ecosystem incentive program called Ready Player One. Bitlayer announced completion of a $5 million seed financing. The round was led by Framework Ventures and ABCDE Capital, with participation from StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic Capital, Pivot Global, Web3Port, Mindfulness Capital, C6E Capital, PAKA, Comma3 Capital, Kronos Ventures, dozens of institutions, and individual investors including Dan Held, Ryan Selkis, and Dan McArdle.

  • assisterr

    Participated · Equity · May 2025

    Assisterr provides a Solana-native, no-code platform for creating, deploying, and monetising specialised AI agents, focusing on Small Language Models (SLMs) rather than large general-purpose LLMs. The company argues SLMs are cheaper to run, easier to customise, and better suited for task-specific applications across DeFi, NFTs, and other Web3 use cases. Assisterr is building a decentralised AI (DeAI) economy around an upcoming $ASRR token to reward contributions such as model building, data validation, and successful agent deployments. The platform reports 4.7 million users in under nine months and more than 24,000 live AI agents deployed by its community. Early monetisation tests generated $160,000 in revenue within the first weeks, and several tokenised agents have reached a combined fully diluted valuation of over €70.4 million. The company positions itself as enabling creator-owned AI, shifting control away from centralised APIs and big-tech pricing models toward a Web3 creator economy. Assisterr is a Cambridge, UK-based AI infrastructure startup building a network of community-owned small language models (SLMs). Led by CEO and co-founder Nick Havryliak, the company provides an end-to-end infrastructure and a data provenance protocol for launching and maintaining community-owned SLMs. Since launch it has attracted about 150,000 registered users and has launched more than 60 SLMs curated for Web3 protocols such as Solana, Optimism, 0g.ai, and NEAR. The company plans to use the £1.3M Pre-Seed to accelerate protocol development, form strategic partnerships, and launch an incentive program to grow its model-builder and data-contributor ecosystem. Assisterr was selected for Google’s AI Startups program, securing $350k to support GPU, CPU, and cloud infrastructure needs. Backers include a mix of venture firms and angels, and the funds aim to strengthen Assisterr’s infrastructure and ecosystem growth.

Team

  • CL ‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎

    CEO