Participated · Series A · Feb 2022

Founded in 2020 and headquartered in New York with operations in Mexico, Mundi offers invoice-advancing financing to exporters so they do not have to wait 30–90 days to get paid. In addition to supply-chain financing, the company provides international payments, currency management and cargo insurance for small and medium exporters. Mundi has a track record of prior financing: a $16 million Series A led by Union Square Ventures in 2022 and a previous $100 million credit line with Silicon Valley Bank. With the new $150 million debt line from Column, Mundi's deployable portfolio capacity rises to about $325 million. The company emphasizes quick disbursement of funds and aims to provide reliable capital to Mexican exporters and their supply chains.

Participated · Series B · Feb 2020

Founded in 2014 and based in Taiwan, CoolBitX builds cryptocurrency security products including the CoolWallet S Bluetooth hardware wallet and Sygna, a travel-rule compliance solution for VASPs. Sygna is designed to help virtual asset service providers meet the FATF "travel rule" by securely transmitting PII during transactions. The company says 12 cryptocurrency exchanges have signed memorandums of understanding and are using or testing Sygna, including SBI VC Trade, Coincheck, Bitbank, DMM Bitcoin, BITpoint, MaiCoin, BitoPro and Ace. CoolBitX says Sygna has been tested and proven by users, which the founder argues differentiates it from competitors. With the new funding, the company plans to expand Sygna’s presence beyond the Asia-Pacific region. The startup raised a $16.75 million Series B to support these efforts. CoolBitX, founded in 2014 and based in Taipei, Taiwan, makes the CoolWallet S, a credit-card-sized mobile secure cold-storage hardware wallet. The CoolWallet S features an e-ink display, a physical confirmation button, Bluetooth connectivity and 2+1 factor authentication security. The device is described as damage-proof (waterproof, heat- and cold-resistant, and tamper-proof) and supports over-the-air updates, currently supporting Bitcoin, Litecoin, Ethereum, XRP, Bitcoin Cash and ERC-20 tokens. CoolBitX provides native iOS and Android apps that offer a mobile dashboard to exchange, monitor, and store crypto. The company announced the U.S. launch of the CoolWallet S, a partnership with the Litecoin Foundation, and plans to open a U.S. office to expand its American presence. Financially, CoolBitX raised $13M in venture capital from multiple strategic backers. CoolBitX is a Taiwan-based company that builds the CoolWallet bitcoin hardware wallet and embedded security devices for protecting private keys. Its product includes signature authorization and verification mechanisms that synchronize with a smartphone, a built-in backup facility, and support for offline pass phrases to recover lost or stolen devices. The firm plans to use a recent $500,000 investment to create new implementations of its wallet security for IoT devices, the medical industry and other blockchain sectors where identity is paramount. Product roadmaps shown to CoinDesk include a secure communication system to encrypt smartphone files, a decentralized bitcoin exchange, and co-branded wallets with enterprise clients. CoolBitX also intends to develop a “blockchain medical record” that encrypts medical data with private keys and uses HD wallet architecture to offer different levels of access for institutions and staff. The company is positioning its CoolWallet technology as a more broadly applicable decentralized security protocol for non-cryptocurrency applications.

Participated · Series A · Jan 2020

Securrency is a developer of institutional-grade blockchain-based financial and regulatory technology that centers on automated compliance for the issuance, exchange, administration, and servicing of digital assets. Its core platform is designed to provide rails for secure, real-time settlement and to bridge legacy financial systems and blockchain infrastructure. The company says it operates from multiple international hubs with a world-class development and commercial team and plans to expand its roster in 2021. Securrency intends to establish regulated financial services businesses in the Abu Dhabi Global Market (ADGM) in partnership with Abu Dhabi Catalyst Partners and has applied for relevant licenses. Through Securrency Labs it plans to develop DeFi products and a community-driven, low-code/no-code platform for creating blockchain-based financial instruments, and it also plans retail-focused products. The company recently completed a $30M Series B and previously raised $17.65M in a Series A in early 2020, which it says will fund expansion into new products and markets worldwide. Securrency develops institutional-grade blockchain-based market infrastructure centered on a patent-pending distributed identity and Compliance Aware Token framework that enforces multi-jurisdictional regulatory policy. Its technology is blockchain-agnostic and designed to enable ledger-to-ledger transactions and interoperability to facilitate global liquidity. The company offers its technology via SaaS and PaaS delivery models and positions itself as a bridge between legacy financial platforms and blockchain networks. Securrency’s compliance and policy-enforcement tools automate multi-jurisdictional rules to provide transparency and oversight for market participants and regulators. As part of its go-to-market approach, the company is collaborating with an ETF sponsor to demonstrate applications of its technology within the ETF ecosystem. Securrency’s recent Series A financing provides capital to advance its product and commercial efforts.

Participated · Seed · Feb 2019

Curv provides keyless multi-party computation (MPC) technology and a tech stack that delivers customized digital-asset security solutions for crypto-native and traditional financial institutions. Its adaptable platform supports hot, warm and cold wallet configurations as well as all tokens and protocols regardless of the underlying blockchain or DLT. Curv is used by dozens of customers across the globe, including Franklin Templeton, eToro and Genesis. The company publicly made tX — an elite group of cryptographers and engineers who use Curv’s keyless technology to develop flexible deployment models for both crypto-native and traditional financial institutions. Curv plans to use the Series A proceeds to continue international growth, build new solutions inside tX, pursue product innovations and hire talent. Led by CEO Itay Malinger, Curv is headquartered in NYC with R&D offices in Tel-Aviv, Israel. Curv offers a software-only, cloud-based institutional digital asset wallet that eliminates traditional private keys by using proprietary multi-party computation (MPC) protocols to sign transactions in a distributed manner. The service is designed to provide strong security, instant availability, and autonomy for financial institutions and enterprises while removing single points of failure and physical key management. Curv's platform includes a policy engine for granular controls, setup/management of blockchain infrastructure, and per-employee cryptographic shares so no single device holds a full private key. The company unveiled its Institutional Digital Asset Wallet Service and said it will be available as a subscription starting March 25, with a private beta already running with exchanges, custodians, fintech firms, and institutional investors. Curv is led by CEO Itay Malinger and CTO Dan Yadlin and counts cryptography experts Jonathan Katz and Ben Riva among its team. Financially, Curv raised $6.5 million in the announced funding round to support its product rollout.

Participated · Series B · Dec 2018

ErisX launched a spot market supporting dollar trading pairs for bitcoin, bitcoin cash, litecoin and ethereum, plus bitcoin trading pairs with the other three cryptocurrencies. Its platform includes both an exchange and a clearinghouse, allowing custody of cash and digital assets. The company says the spot launch is an initial step toward broader plans to offer futures, which are pending regulatory approval of its derivatives clearing organization (DCO) application with the CFTC. ErisX is continuing to build out its exchange and clearinghouse technology stacks and to onboard clients. Management expects customers for both spot and futures markets in the coming months as the platform develops. The company has been fundraising to support that development and has also added NYDIG COO/CFO Rob Flatley to its board alongside ConsenSys' Joseph Lubin. ErisX operates a single platform for individuals and institutions to access digital asset spot and futures markets, combining professional trading tools with regulatory oversight. The company plans to enable trading of cryptocurrencies such as Bitcoin, Litecoin, and ether on both spot and futures markets starting next year, pending regulatory approval. ErisX intends to operate as an intermediary-friendly, CFTC-registered futures exchange with a clearing organization registration pending, and to run a regulated spot market for digital assets. The firm emphasizes security and regulatory compliance as core differentiators for institutional and individual participants. Leadership includes CEO Thomas Chippas, chief commercial officer Kelly Brown, and Head of Clearing Liz James. Financially, the company recently completed a Series B round to fund platform development and team expansion. ErisX is launching a derivatives exchange (DCM) and clearing organization (DCO) that will offer fully regulated digital asset futures and spot contracts on a single platform. The platform is designed to provide a regulated, transparent and stable venue with centralized exchange infrastructure for institutional and individual traders. ErisX plans to integrate digital asset products and technology into compliant capital markets workflows and to accelerate investments in the platform and team following a recent funding round. Leadership changes accompanying the launch include Thomas Chippas as CEO and Neal Brady as Executive Chairman. The company is backed by a broad syndicate spanning traditional capital markets and digital-asset investors, which the team says will contribute expertise and market input. Aspects of the offering are pending regulatory approval; no revenue or user metrics are disclosed in the announcement.