Participated · Seed · Feb 2026

Levl operates an infrastructure layer that lets businesses collect, store, convert and transfer money across borders in either fiat currencies or stablecoins such as USDC and USDT. The platform replaces the 3–5-day delays of correspondent banking with same-day settlement while beating interbank FX rates and currently supports payouts to more than 75 countries. In its first four months, Levl surpassed an annualized $1 billion in transaction volume and now serves over 1 million end-users through clients like TerraPay, TapTap Send and Nala. Founded in 2023 after being spun out of Galaxy Digital, the company is led by former AQR FX trader Jaisel Sandhu and draws talent from PayPal, Deutsche Bank, BlackRock and other major institutions. Levl is regulated in Switzerland and Canada and maintains offices in London, New York, Canada and Switzerland. Future product expansion will target B2B cross-border transfers, card and stablecoin payment processing, and lending solutions, leveraging the new capital to deepen its feature set and geographic reach.

Participated · Seed · Jan 2026

Tenbin Labs is building infrastructure that transforms real-world assets such as gold, foreign exchange, and commodities into on-chain tokens that settle in roughly 30 seconds, charge no routine mint-or-burn fees, and accrue yield from both institutional carry and DeFi sources. Instead of simply wrapping assets, the company ties each token’s collateral and pricing directly to liquidity on venues like the CME futures market, allowing the tokens to inherit deep, real-world order books. This dual on-chain/off-chain design is meant to eliminate the shallow liquidity and price distortions that hamper most tokenized assets today. Tenbin’s first product, a yield-bearing tokenized gold instrument, is slated to launch in early 2026 in partnership with market makers and prime brokers such as Hidden Road and Ripple Prime. Future plans include expanding the asset suite to global FX pairs (e.g., BRL, MXN, JPY), additional commodities and metals, and energy products. Key operating features include ≈30-second minting/redemption, immediate composability across DeFi, and yields sourced from both TradFi carry trades and on-chain stablecoin strategies. Financially, the company has secured a $7 million seed round and has not yet disclosed revenue or user metrics.

Participated · Equity · Dec 2025

Axis develops a multi-asset, on-chain yield layer that ports institutional delta-neutral arbitrage strategies to public blockchains. Its first product, USDx, is a dollar-linked digital asset designed to preserve its peg while earning yield through Axis’s arbitrage engine; bitcoin- and gold-based instruments are slated to follow. In closed beta, the protocol has already deployed $100 million of limited-partner capital to stress-test its strategy, delivering a reported Sharpe ratio of 4.9 despite large price swings in underlying assets. Axis will launch on Plasma, a Bitfinex-backed stablecoin-focused chain, to minimize operating costs and boost yields. Infrastructure partners include Veda (vault infrastructure and custody), Accountable (independent reserve and performance verification) and Chainlink (on-chain proof-of-reserves and data feeds). Later this year the team plans to open its Origin Vault with a target of up to $1 billion in deposits, ahead of a public token sale and full protocol launch in early 2026. The company positions itself as a transparent, risk-managed alternative to opaque yield products currently available in DeFi.

Participated · Equity · Oct 2025

Turtle has built a liquidity distribution protocol that curates opportunities, consolidates liquidity, and routes it to DeFi partners via a data-driven coordination layer. The platform currently serves an expanding network, linking more than 358,000 wallets and routing over $5.5 billion in liquidity. To date, the company has generated more than $6 million in revenue, illustrating the sustainability of its model compared with short-term incentive schemes. Led by CEO Essi Lagevardi, Turtle is now focusing on accelerating the rollout of its Earn infrastructure, enlarging its engineering team, and deepening multi-chain integrations. The recent capital injection lifts its total external funding to $11.7 million. These resources are intended to fuel further product development and ecosystem expansion across multiple blockchains.

Participated · Equity · Oct 2025

BitcoinOS (BOS) is building a suite of developer and institutional tools that enable Bitcoin to function as a programmable foundation for digital economies. The company achieved a milestone by verifying the first zero-knowledge (ZK) proof on Bitcoin’s mainnet, opening the door to smart-contract-like functionality without altering the core protocol. Its product roadmap includes Grail Pro, an institutional-grade BTC yield protocol now in pilot with custodians, and trustless bridges that connect Bitcoin liquidity to other chains such as Ethereum and Cardano. BOS positions itself within the emerging Bitcoin DeFi (BTCFi) sector, aiming to unlock Bitcoin’s deep liquidity for broader financial use cases. The newly raised capital will fund the scaling of its developer infrastructure and continued rollout of institutional products. No operating metrics, revenue figures, or founding details were provided in the article.