• Plasma

  Participated · Series A · Feb 2025

  Founded in 2024, Plasma focuses on infrastructure for stablecoins and initially worked on stablecoin yield strategies and cross‑chain bridging solutions. The company is developing a Bitcoin‑secured sidechain using an Reth‑based EVM and a proprietary PlasmaBFT consensus mechanism to deliver sub‑second finality and high throughput. Core capabilities highlighted include zero‑fee USDT support, intents‑based bridging for interoperability, and security anchored in Bitcoin proof‑of‑work. Plasma’s testnet went live in late 2025 and the team targets mainnet upgrades in Q2 2026 to enable scalable issuance and transfers. The platform positions itself to handle very large on‑chain stablecoin value and has announced partnerships, such as with NEAR Protocol, to address payments, remittances, and merchant settlement use cases. The recent $24 million funding round provides the capital to accelerate product development and broader ecosystem integration.

• Clear Street

  Participated · Series B · Apr 2023

  Clear Street operates as a broker of securities and derivatives, serving clients with trading and related capital-markets services. According to documents reviewed by Bloomberg, the company generated approximately $940 million in net revenue in the twelve months ended 30 September 2025. It also posted a 2024 net profit of $89 million, a sharp turnaround from a $18 million loss in 2023. Executive Chairman Uriel Cohen and CEO Ed Tilly, the former chief executive of Cboe Global Markets, lead the company. Clear Street’s latest fundraising valued the business at $12 billion and paves the way for a near-term IPO filing. The firm has reportedly engaged Goldman Sachs, Morgan Stanley, and UBS as advisers for the prospective public listing.

No current team members are available.