Metalpha
Suite 1508, Central Plaza, 18 Harbour Road, Wan Chai, Hong Kong
Overview
Metalpha Technology Holding Limited (NASDAQ: MATH) went public on October 20, 2017. The listed Company, through its subsidiaries, is dedicated to providing investing and wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of crypto wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.
- Total investments
- 6
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 0
Sector focus
- Cryptocurrency
- FinTech
Investment portfolio
- Harry Howard AI
Participated · Seed · Jun 2026
Harry Howard AI builds an AI-native workspace that coordinates multiple specialized AI agents, persistent project memory, and a cloud-native architecture to support solo founders through idea validation, product planning, asset creation, and operations. The platform positions itself as an all-in-one digital startup team for one-person companies, aiming to replace fragmented tools with a unified workflow. Key technical elements called out include agent orchestration, persistent project memory, and integration of large language models. The company plans to use the $3.0M seed proceeds to accelerate its core infrastructure development, hire additional engineering talent, and speed feature rollouts. Harry, the CEO, stated the platform helps solo founders move from rough idea to market launch in days rather than months. The company is based in Victoria, BC.
- Bitlayer
Participated · Series A · Jul 2024
Founded in October 2023, Bitlayer Labs is building a Bitcoin Layer 2 network based on the Bitcoin Virtual Machine (BitVM) to expand application programmability and tap into Bitcoin security. The team launched mainnet V1 in early 2024 and released a trust-minimized BitVM Bridge in July. Bitlayer has released integrations with chains including Arbitrum, Base, Cardano, and Sui and plans to ship a V2 of its mainnet later this year. The project raised capital through both private and public rounds; the fresh capital will be used for operational expansion, team growth, and ecosystem development. As of this raise, Bitlayer's total funding stands at $29.91 million across private and public rounds. Bitlayer is positioned as the first Bitcoin Layer 2 based on Bitcoin finality, offering a native environment through technologies such as OpVM, Finality Bridge, and RtEVM. It has implemented OpVM, which combines fraud proofs (BitVM) and validity proofs (OP_CAT) to enable Bitcoin L1 verification of arbitrary computations. The project launched Mainnet‑V1 on April 15 and now hosts over 280 deployed DApps across infrastructure, wallets, DeFi, NFTs, gaming, metaverse, and RWAs. Bitlayer reports partnerships with more than 30 Web3 platforms including Hacken, AWS Cloud, Ankr, Polyhedra, Babylon, Particle Network, and Meson. The team is preparing the imminent launch of Bitlayer V2, a Bitcoin‑native rollup whose state transitions are protected by OpVM. The company has raised a total of $25 million to date, funds the team says will accelerate development, scalability, and user accessibility. Bitlayer Labs offers a Bitcoin Layer 2 solution based on the BitVM paradigm. Its core objective is to address the trade-off between security and Turing completeness in BTC Layer 2 through cryptographic innovations and blockchain protocol engineering. The company aims to become the computation layer for Bitcoin, introducing ultra-scalability while inheriting Bitcoin’s security. Bitlayer targets a high-throughput, low-cost transaction experience for users. It intends to use recent funding to expand growth and development efforts. The Series A brought the company’s total capital raised to $16M. Bitlayer is a Bitcoin Layer 2 infrastructure provider building Layer 2 infrastructure for Bitcoin. The company plans to launch its mainnet on April 5. It will introduce an ecosystem incentive program called Ready Player One. Bitlayer announced completion of a $5 million seed financing. The round was led by Framework Ventures and ABCDE Capital, with participation from StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic Capital, Pivot Global, Web3Port, Mindfulness Capital, C6E Capital, PAKA, Comma3 Capital, Kronos Ventures, dozens of institutions, and individual investors including Dan Held, Ryan Selkis, and Dan McArdle.
- Satoshi Protocol
Led · Seed · Jul 2024
Satoshi Protocol operates a stablecoin protocol backed by Bitcoin, enabling users to deposit BTC or LST as collateral to mint $SAT on Bitcoin mainnet and across multiple L2s. The protocol is designed to increase Bitcoin utility by enabling participation in lending, borrowing, and other DeFi activities without converting BTC. Satoshi emphasizes preserving Bitcoin’s security and censorship resistance while improving liquidity and capital efficiency between Bitcoin and broader DeFi ecosystems. The company says it will use the new funding to accelerate a four‑phase development roadmap. Phase 1 (completed Q2 2024) covered risk management assessments and audits; Phase 2 (current, Q3 2024) prioritizes liquidity aggregation across Layer 1 and Layer 2 to establish $SAT; Phase 3 (Q3 2024) will develop the Nexus Yield Module (NYM) to enable yield opportunities with USDT, USDC and other stablecoins; Phase 4 (Q4 2024) targets broad NYM adoption across Bitcoin mainnet and execution layers integrated with various L2s. Satoshi Protocol is the first collateralized debt position (CDP) protocol built on BEVM, enabling users to deposit BTC as collateral to mint the stablecoin SAT. The protocol is positioned as a cornerstone for BTCFi and aims to unlock Bitcoin liquidity across the ecosystem. The team has completed a testnet campaign and is preparing for a mainnet launch. Recent pre-seed funding will be used for product development, ecosystem building, and community expansion. Investors and ecosystem partners are providing technical and financial resources to support integration into the Bitcoin ecosystem. The project and its backers expect SAT to become a widely used native stablecoin within Bitcoin Layer2 and related DeFi scenarios.
- NexGami
Led · Seed · May 2024
NexGami operates a Web3 gaming platform aimed at hosting competitive gaming events across multiple titles and bringing traditional gamers into the Web3 space through tokenomics. The platform enables developer integrations, lets users organize tournaments, allows players to compete for rewards, and supports content creators in sharing gaming experiences. All revenue on NexGami is redistributed to users who create, share, and engage with esports content to foster a sustainable ecosystem. The company is led by CEO and founder Brice Bian and is based in Vancouver, Canada. NexGami says it will use the recently raised funds to expand operations and accelerate development efforts. NexGami is a Web3 gamefi company focused on the eSports industry, integrating blockchain technology and decentralized finance elements to create new opportunities for gamers. Its platform emphasizes integration solutions and aims to enhance the gaming experience for users within the Polygon network. The company is led by founder and CEO Brice Bian. NexGami intends to use recent funding to expand operations and accelerate development efforts. Financially, the company completed a Seed round that values it at $20M and raised $2M. The article did not disclose other operating metrics such as revenue or user counts.
- UXUY
Participated · Series A · May 2024
Uxuy is a decentralized multi-chain trading platform incubated by Binance Labs and based in Singapore. The company is dedicated to providing users with a seamless trading experience across various blockchain networks. It focuses on enabling efficient, low-cost transactions for assets such as lightning network taproot assets, ordinals BRC-20, and runes. Uxuy raised $7M in a Pre-A funding round to advance these capabilities. The platform intends to use the funds to promote efficient and low-cost transactions of the specified asset types and to further develop its multi-chain trading infrastructure. No operating metrics or prior funding details were provided in the article. Uxuy operates a decentralized multi-chain trading platform that leverages MPC wallet technology to enable cross-chain trading of cryptocurrencies and digital assets. The company emphasizes user control under the philosophy “Your Crypto, You Control.” In August the UXUY app beta was released on application markets, featuring a Gas Credit product and GasPool to pay gas for transfers and transactions across public chains. Uxuy received an investment from MEXC Ventures and intends to use the funds to expand operations and broaden its business reach. The article does not disclose revenue, user metrics, or the size and instrument of the investment. Uxuy is a Singapore-based provider of a Multi Party Computation (MPC)-based decentralized trading platform. The company offers mnemonic-free and gas-free solutions to help users get started and conduct cross-chain transactions. Uxuy supports public chains, leverages a “wallet + transaction” approach, and proactively participates in building the “Unclaimed” ecosystem. It plans to create a stablecoin liquidity pool to provide users with a “stablecoin-centric” trading environment. The company raised $3.2M in Seed funding and intends to use the proceeds to build its decentralized trading platform. Backers included Bixin Ventures, WaterDrip Capital, KuCoin Ventures, Pionex, LK Ventures, Arcane Group, Daoverse Capital, and Lapin Digital.
Team
No current team members are available.