Participated · Seed · Jun 2026

Cambrian provides real-time and historical blockchain data via an API covering yield, risk, lending rates, trading activity, liquidity positions and market sentiment, and is building a verifiable oracle network to serve institutions and AI agents. The platform has processed millions of API calls, currently indexes $4.5 billion in lending total value locked across the four largest lending protocols, tracks 1,789 vaults across 895 curators, and monitors over 320,000 decentralized exchange pools across Base and Solana. Cambrian is in private beta, with TrueNorth as a close design partner using its trading data in production. The company supports Base and Solana in production and plans to add Ethereum mainnet and additional blockchains. Revenue plans include SaaS subscriptions, enterprise contracts, and support for agent-based payment systems such as x402. The team includes former employees of Edge & Node and Semiotic Labs.

Participated · Series A · Jun 2026

Rulematch AG operates an institutional-first digital asset trading venue that exclusively onboards banks and securities firms and supports Bitcoin and Ethereum spot trading paired against USD. The platform launched live trading on December 14, 2023, and integrates Nasdaq technology for risk management and market surveillance. Rulematch has formed a partnership with SIX Digital Exchange to provide integrated custody and settlement solutions. The firm secured a MiCA trading platform license for Rulematch Europe AG from the Liechtenstein FMA on June 3, 2026, which enables onboarding of participants across the European Economic Area. Financially, the company raised approximately $14M in a pre-Series A round led by FiveT Fintech with participation from Consensys Mesh and Flow Traders, and those funds were allocated to spot trading, multilateral clearing, and settlement services. The platform positions itself against other institutional venues by combining traditional market infrastructure integrations and European regulatory coverage.

Participated · Equity · Jun 2026

TVL Capital is developing blockchain infrastructure for Chain-Traded Products (CTPs), positioning them as the on-chain equivalent of exchange-traded products that enable institutional access to structured payoff structures and derivatives. The company is headquartered in Zug and was founded by Andrew Peel, Penny Tunbridge and Lars Hoffmann, each bringing senior experience from Morgan Stanley, UBS and crypto research respectively. TVL Capital says it is already collaborating with globally systemically important banks, traditional financial institutions, centralized trading venues and leading blockchain protocols. The firm highlights the global structured products market at roughly $2.6 trillion in outstanding volume and notes that annual issuance has nearly tripled since 2021. Following the $5 million funding round, TVL plans to use the capital to expand its technology platform and accelerate the rollout of CTPs. Governance has been bolstered with new board and advisory additions to support market and industry engagement.

Participated · Series A · Apr 2026

Pharos is building an "asset-native" layer 1 blockchain intended to support tokenized real-world assets such as bonds, energy projects and private credit. The network emphasizes parallel processing and compliance features aimed at handling regulated financial activity at scale. Pharos targets a market it values at $50 trillion and cites growth in on-chain real-world assets, which it noted totalled $24.3 billion. The project reports millions of users and unique addresses on its testnet and has partnerships, including with energy firm GCL for solar-backed assets. Financially, Pharos recently raised $44 million in a Series A and previously raised $8 million in a seed round, and a prior investment from GCL New Energy placed a near-$1 billion valuation on the firm. The company expects to debut its mainnet in the near future.

Participated · Seed · Mar 2026

Utexo is developing a Bitcoin-native execution and settlement layer that lets payment operators process USDT stablecoin transactions instantly with predictable costs and privacy. Its API and SDK combine the Lightning Network’s real-time transaction capability with RGB’s privacy-preserving asset issuance to remove the technical complexities of routing stablecoin payments on Bitcoin rails. By abstracting custody, compliance workflows, and user-experience changes, the platform enables operators to integrate Bitcoin-based settlement without rebuilding their systems. Led by Viktor Ihnatiuk and Chris Hutchinson, the company positions itself as critical infrastructure for stablecoin payment providers seeking speed and discretion. The freshly raised capital will be directed toward expanding operations and accelerating product development. No revenue, user, or other operating metrics were disclosed in the article.