Participated · Series A · May 2026

TownSquare operates an on-chain infrastructure that routes deposited stablecoins and tokenized RWAs into lending, liquidity provisioning, leverage loops, institutional yield strategies and DeFi vault strategies so users can earn APY. The platform supports EVM ecosystems including Monad and BNB Chain and has initial yield vaults planned for assets such as USD1, USDC, cbBTC, tokenized gold and other RWAs through partner integrations. As of the reporting, TownSquare's total value locked (TVL) stood at $46.4M. The company cites that institution-backed on-chain assets have grown to roughly $36 billion and notes some institutional yield strategies generating returns above 8%. TownSquare has also announced plans with WLFI for a $100M UhSD1 pipeline to scale institutional and on-chain yield products.

Participated · Series A · Apr 2025

Camp Network operates a Layer 1 blockchain built to register, tokenize, and track intellectual property on-chain using a bespoke “proof of provenance” algorithm. The protocol records provenance, usage rights, and attributions when data is monetized and enables fine-tuning of AI agents on user-owned IP with automated monetization back to contributors. Camp also offers isolated execution environments so developers can launch app chains with tailored blockspace and compute settings. The team aims to build the world’s largest repository of user-owned IP and to offer a marketplace for rights-cleared training data to compensate creators whose work is used to train models. The project is motivated by perceived risks to creators from AI and intends to support transparent, enforceable distributions for use of agents trained on contributors’ IP. The network launched with 15 live decentralized applications.

Participated · Seed · Apr 2024

Camp Network is a modular Layer 2 blockchain service provider. It aims to bridge the gap between traditional systems and new digital realms. The company offers modular Layer 2 blockchain services to connect traditional and digital environments. Camp Network completed a $4 million seed financing led by Maven 11. Other participants in the round included OKX, Protagonist, Inception Capital, Paper Ventures, HTX, Moonrock Capital, and Eterna Capital. The fundraise was reported on April 3, 2024.

Participated · Seed · Jul 2023

Ethena is a DeFi protocol built around USDe, a yield-bearing synthetic dollar that combines stablecoin demand with derivatives-based hedging strategies to generate yield. The protocol also issues a governance token, ENA, which recently received a strategic investment from Janus Henderson. Ethena has grown into one of the larger DeFi platforms, managing about $5 billion in assets after reaching roughly $15 billion during last year’s market rally. The company has been deepening ties with traditional finance through partnerships and investments, including deals with Coinbase Ventures and Anchorage Digital. Ethena is being considered by institutional partners for treasury cash allocation and potential distribution of USDe via exchange-traded investment products.

Participated · Seed · Oct 2022

Kollider operates a derivatives exchange that it calls the "world's first Lightning-native derivatives exchange," built from scratch with native Lightning integration. Its exchange lets users open and close positions directly to and from Lightning wallets without pre-funding, while still supporting traditional on-chain bitcoin deposits. The firm is expanding beyond derivatives: it is developing bitcoin-backed synthetic stablecoins that are currently in alpha with hard-set testing limits. Kollider is also building a Lightning-enabled Chrome-extension wallet that will integrate BTC, USD and EUR balances and connect to its stablecoins and other ecosystem applications. The company recently closed a $2.35 million seed funding round to fund expansion and product development. There are no operating metrics (revenue/users) disclosed in the article.