Participated · Equity · Apr 2026

Squads builds financial infrastructure on Solana and operates two primary products: Squads Multisig, the smart account standard, and Altitude, a financial operating system for businesses. Squads Multisig secures over $10 billion in assets across the Solana ecosystem. Altitude provides businesses multi-currency accounts, corporate cards, global payments, APY on balances, and a CFO stack, and since its public launch in December 2025 has processed over $200 million in payments. Altitude holds treasury in stablecoins, settles on stablecoin rails for instant, low-cost transfers, and routes to traditional banking rails through a network of licensed PSPs. The company emphasizes compliance and security with a proprietary compliance engine and layered controls, and plans to use recent funding to expand its team, payment network, and product roadmap. Squads has raised a total of $42.9 million to date.

Participated · Seed · Feb 2026

Finrob offers investors and analysts access to more than 18 specialized AI agents built on Claude, GPT-5.2, and Gemini 3.1, enabling real-time on-chain analytics, market intelligence, and deep research without coding. The platform aggregates data from Glassnode, CoinGecko, DefiLlama, and Perplexity and lets users ask complex questions via chat instead of juggling multiple tools and subscriptions. Finrob operates on a pay-per-query model that settles payments in USDC using the x402 protocol, positioning it as a cost-efficient alternative to traditional subscription-based research products. The company’s multi-model architecture is designed to keep integrating the latest frontier models, and its roadmap includes expanding on-chain data coverage, adding new AI integrations, and growing its library of research agents. With a newly raised $3.9 million seed round, Finrob intends to accelerate product development and broaden its data integrations. Although the company has not disclosed revenue or user numbers, it emphasizes making institutional-grade analytics accessible to every type of market participant.

Participated · Seed · Nov 2025

Arx Research is a U.S.-based payments technology company focused on bringing crypto and traditional card acceptance together for small merchants. Its flagship product, the Burner Terminal, is a compact, translucent-green handheld POS device that supports tap-to-pay stablecoin transactions without touching legacy card rails while also accepting contactless and chip-and-PIN EMV cards. The terminal connects via built-in Wi-Fi and LTE, giving mobile merchants flexibility and reliability on the go. Arx previously released the Burner Wallet, which is already used by more than 30,000 merchants and consumers, forming the backbone of its payments ecosystem. The platform integrates with Flexa to add Bitcoin, Ethereum, Solana and other crypto assets alongside stablecoins. Merchants can choose to keep payments in stablecoins or offramp to fiat, and the product’s full EMV certification provides security and compliance. The company will debut the Burner Terminal in November 2025 and expects broad commercial availability in early 2026. Proceeds from its new seed financing will be used to scale manufacturing and expand the Burner ecosystem.

Participated · Series A · Apr 2025

Tally provides a software platform for onchain organizations that began as a DAO governance tool and has evolved into a widely adopted infrastructure stack across Ethereum and Solana. Its product suite supports every phase of an onchain organization's lifecycle: Launch (onboarding users, issuing tokens, distributing power), Operate (treasury management, smart contract upgrades, funding initiatives), and Grow (composable staking extensions to accrue value). Tally powers infrastructure for protocols including Arbitrum, Uniswap DAO, ZKsync, Wormhole, Eigenlayer, Obol, and Hyperlane. The platform currently reaches hundreds of thousands of users onboarded through its launch tools, and collectively these users have moved more than $1 billion in assets using Tally's infrastructure. The company says it will use the new funding to accelerate its mission of becoming the software layer for onchain organizations and to scale its infrastructure for the onchain economy. 1kx noted it has participated in every round since inception, underscoring continued investor support. Tally is developing a governance dashboard aimed at improving transparency and participation in decentralized finance (DeFi) governance. The product focuses on making protocol elections and governance activity easier to understand and act on. The project will initially concentrate on the Compound ecosystem while working with a number of other platforms. Tally says better tooling will help scale decision-making as protocols grow. The firm has received early support including a $50,000 Uniswap grant and has now raised additional external funding. Founder Dennison Bertram has framed the effort as addressing an underdeveloped component of the $44 billion DeFi sector.

Participated · Equity · Sep 2024

Celestia Foundation operates a modular data-availability network that lets developers deploy applications using any VM and enables secure, self-sovereign blockchains. Led by Chairman Mustafa Al-Bassam, Celestia Mainnet Beta went live in October 2023 and an early ecosystem has formed. Since launch developers have deployed the first 20 rollup chains, and Celestia data blobs recently accounted for more than half of the total data published by rollups. The foundation's core developer community announced a technical roadmap with a primary objective to scale to 1 gigabyte blocks to greatly increase data throughput for rollups. The foundation intends to use newly raised funds to expand operations and accelerate development efforts. Celestia Labs develops a modular blockchain design that focuses on ordering transactions and providing data availability while outsourcing smart-contract execution to other chains or execution environments. The network intentionally strips down its own layer-1 to avoid providing smart contracts or performing computations directly. By separating execution and data layers, Celestia aims to let developers launch their own blockchains with less technical know-how and lower expense, akin to how cloud services provision virtual servers. The approach is presented as an alternative to monolithic Layer-1 blockchains such as Ethereum and Solana. Developers using Celestia gain benefits including higher scalability, shared security for interoperability, and sovereignty of choice between virtual machines and execution environments. Three modular projects—Eclipse, Constellation and dYmension—have chosen Celestia as their data availability layer, and the company recently raised capital to support further development.