Participated · Series B · Jan 2026

Talos offers a unified platform that connects institutional investors to exchanges, OTC desks, prime brokers, lenders and custodians for liquidity sourcing, price discovery, trading, settlement and portfolio management. Its software-as-a-service tools are engineered to meet institutional requirements for performance, safety and reliability across front-, middle- and back-office workflows. Over the past two years the company has roughly doubled both revenue and its client base annually, underscoring accelerating institutional adoption. Talos has widened its capabilities through the acquisitions of Coin Metrics, Cloudwall, Skolem and D3X Systems, adding data, risk management, DeFi infrastructure and portfolio engineering functionality. Looking ahead, the firm plans to broaden its product set from portfolio construction and risk management to treasury and settlement, and to support traditional asset classes as they migrate onto digital rails. Headquartered in New York, Talos positions itself as the foundational infrastructure layer for the next generation of financial markets.

Participated · Series D · Sep 2025

Founded in 2017, Zero Hash offers an on-chain infrastructure platform that functions like the “AWS of crypto,” supplying APIs and developer kits that power trading, payments, remittances, payroll, tokenization and other digital-asset use cases. The company’s regulatory-first model enables clients such as Interactive Brokers, Stripe, Shift4, BlackRock’s BUIDL Fund, Franklin Templeton and DraftKings to embed crypto, stablecoin and tokenized asset services while meeting compliance requirements. Zero Hash supports more than five million end users across 190 countries, illustrating broad adoption of its platform. Management says demand is accelerating as clearer U.S. and EU regulations spur mainstream financial institutions to pursue on-chain strategies. The firm plans to use its newest capital to accelerate product development and grow headcount, further entrenching itself as core infrastructure for banks, brokerages, payment companies and loyalty platforms. Including the latest raise, Zero Hash has secured roughly $275 million in total funding and is now valued at about $1 billion.

Participated · Equity · Jun 2025

Digital Asset builds and operates the Canton Network, a public, permissionless Layer 1 blockchain that provides protocol-level privacy and confidentiality guarantees and runs applications written in its open-source smart contract language, Daml. Canton is designed to enable tokenized asset workflows across multiple parties while keeping transaction data confidential, and it has attracted marquee institutional participants including Visa, Goldman Sachs, and DTCC. The network has processed or issued more than $6 trillion in tokenized assets according to prior reporting, and Visa became a Canton Super Validator and added Canton to a stablecoin settlement pilot. The Canton ecosystem has also seen activity such as a $540 million raise by Canton Strategic Holdings (formerly Tharimmune) to build a Canton Coin treasury and a project called Zenith completing atomic swaps between Canton and an EVM-compatible environment. On the financing front, Digital Asset raised $135 million in June 2025 and $50 million in December 2025, and is now pursuing a roughly $300 million round led by a16z crypto. The company is backed by trading firms and banks including DRW Holdings and Citadel Securities.

Led · Series A · Jul 2023

Sk3w Technologies provides patented latency monitoring and standardization solutions to ensure fair, transparent, and auditable access to financial exchanges. Its proprietary, expandable data standardization system delivers accuracy within a billionth of a second without replacing existing fiber. Sk3w’s appliances enable network expansion, monitored standardization, quick deployment, and lower cost compared with equidistant fiber builds. The company aims to maintain equal latency across data centers and data center campuses regardless of cabinet location, addressing location, transport type, and data flow differences. Co-founders Craig Mohan and Chad Milam developed the technology to solve a growing and costly industry problem. Following the raise, Sk3w plans to add headcount to its engineering team and continue refining the solution. The company reported a $7M Series A led by major market-making firms.

Participated · Series A · Jul 2022

Thalex is a crypto-native derivatives exchange that offers stablecoin-settled options and futures. Its product includes linear BTC and ETH contracts with multi-collateral support (BTC, ETH, USDt and USDC) and portfolio-based margining for capital efficiency. Key platform features include 1 bps maker and taker fees, fee advantages for multi-leg options and futures strategies via RFQ, dedicated future-roll order books, RFQs for any-size multi-leg strategies, and a market-maker scheme with protection and strong connectivity. The exchange uses an efficient liquidation process with automated delta-hedging and liquidation auctions to limit market impact and enable orderly reduction of complex risks. The platform is available for public testing at www.thalex.com and is due to go live soon. Thalex intends to use the new funding to expand operations and business reach and is in the process of being authorised as a regulated DLT provider by the Gibraltar Financial Services Commission.