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The Venture Codex

Girnas Capital

Sitrah, Bahrain

Overview

Girnas Capital is a venture capital fund and a subsidiary of Blockchain. Girnas Capital support and invest in distributed ledger technology projects that advance the industry and provide positive societal impact.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
1
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Investment portfolio

  • Vault Hill

    Participated · Seed · Jan 2022

    Vault Hill is a blockchain-based, human-centric metaverse that applies urban planning principles to encourage respectful development and monetization of virtual land (VLAND). The platform is designed to let users interact, form relationships, play games, curate art, buy virtual land, own NFTs and transact using $VHC or other cryptocurrencies. Vault Hill says it has secured six partnerships with global brands for digital wearables and health/wellbeing virtual offices and plans to launch the metaverse in Q1 2022. The company reports a community of about 90,000 across social media and an ongoing public sale of its $VHC token on major launchpads (Jan 10–14, 2022). Financially, Vault Hill completed pre-seed and private funding rounds that raised $2.1 million to accelerate development. Founder and CEO Jimi Daodu described the raise as a testament to the team and the product’s uniqueness.

  • CoinMENA

    Participated · Seed · Nov 2021

    CoinMENA is a Bahrain-based, Sharia-compliant digital asset trading platform that launched in 2021 and is regulated by the Central Bank of Bahrain. It lists ten virtual currencies and went live initially with five major assets: Bitcoin, Ethereum, XRP, Litecoin and Bitcoin Cash. The platform provides spot trading and an over-the-counter (OTC) desk for larger-volume transactions. CoinMENA is available to residents of Bahrain, the UAE, Saudi Arabia, Kuwait and Oman and plans to expand into additional MENA markets. The company entered an agreement with the Dubai World Trade Centre Free Zone to help launch a crypto and blockchain/DLT hub in the UAE. In November 2021 it secured $9.5 million in a seed round—its first major investment—to support growth and regional expansion.

Team

  • Mohammad Zain Ideen Miswadeh

    Co-Founder

    LinkedIn