• 3F

  Participated · Seed · Apr 2026

  3F is a protocol built on Morpho that automates the construction of leveraged positions in tokenized real-world assets by coordinating bridge financing, posting acquired assets as collateral, and borrowing stablecoins to complete positions within a single settlement cycle. It abstracts the looping process required to build leveraged exposure, reducing operational complexity and settlement risk for users. 3F plans to initially support JAAA, a tokenized AAA CLO fund from Anemoy sub-managed by Janus Henderson and tokenized by Centrifuge. The company generates revenue through management fees on deployed capital and performance fees on leveraged returns. 3F currently operates with a team of six and intends to hire across credit underwriting, technology, and security as it moves toward private beta and a broader launch in the second quarter. The team has publicly acknowledged leverage-related risks including spread compression, settlement delays, smart contract and regulatory risks, and exposure to underlying credit events.

• Utexo

  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.

• Goblin Finance

  Participated · Equity · Dec 2025

  Goblin Finance operates within the Aptos ecosystem, offering an on-chain protocol that automates liquidity-provider strategies for V3 decentralized exchanges and perpetual contracts. Its platform includes vaults that dynamically rebalance concentrated liquidity, helping users maximize yields while reducing manual intervention. By focusing on optimized revenue generation, Goblin Finance aims to streamline DeFi operations and improve capital efficiency for Aptos-based projects. The protocol’s feature set targets both retail and institutional liquidity providers, positioning itself as critical infrastructure for Aptos DeFi growth. While specific user or revenue metrics have not been disclosed, the company’s recent funding underscores investor confidence in its technology and market potential. Future plans center on expanding strategy offerings and deepening integrations across the Aptos network.

• Blueprint Finance

  Participated · Equity · Jun 2025

  Blueprint Finance develops institutional on-chain finance infrastructure and is the core developer of Concrete, a modular full-stack vault platform. Concrete provides automated execution, accounting, risk controls, and quantitative strategy tooling to enable institutions, protocols, asset issuers, and allocators to build and operate vaults. Blueprint is expanding the Concrete ecosystem with new on-chain financial primitives such as AssetCX and concUSD. The company emphasizes bringing institutional controls—auditable accounting, operational permissions, scalable execution, and transparent risk controls—to on-chain capital allocation. Blueprint recently completed a strategic funding round to scale Concrete and to deepen partnerships across liquidity, custody, execution, and distribution. The company communicates its intent to position Concrete as the infrastructure layer for the next generation of on-chain asset management.

• HEMI

  Participated · Equity · Sep 2024

  Hemi is a modular blockchain network built on Bitcoin and Ethereum designed to deliver superior scaling, security, and interoperability. Its core product offerings include the Hemi Virtual Machine (hVM), which integrates a full Bitcoin node within an EVM to let developers build smart contracts that work with both chains while remaining backwards-compatible with existing EVM dApps and wallets. The Hemi Bitcoin Kit (hBK) unlocks direct smart-contract access to granular Bitcoin state, enabling Bitcoin-native applications such as staking, lending markets, and MEV marketplaces. Other foundational features include Superfinality (a Proof-of-Proof consensus inheriting Bitcoin’s security), trustless cross-chain Tunnels for secure asset portability, and on-chain asset programmability (time-locks, routing, password protection, and gasless transfers). Hemi’s incentivized testnet is live and the team targets a mainnet launch in Q4 2024; the company announced a $15 million founding investment round to support development and launch. Hemi Labs was co-founded by early Bitcoin developer Jeff Garzik and blockchain security pioneer Max Sanchez and announced the round from Chicago.

No current team members are available.