Proof Capital
421 - 7th Avenue SW, Calgary, Alberta, T2P4K9, Canada
Overview
Proof Capital is a private merchant bank that involved in both direct investing in alternative assets and corporate advisory services.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- YieldNest
Participated · Equity · Apr 2024
YieldNest is a Singapore-based company building a liquid restaking protocol centered on EigenLayer’s $11 billion shared security and decentralized trust markets. Led by CEO Amadeo Brands, the firm is developing a suite of products for the liquid staking landscape. Its first upcoming product, ynETH, is a liquid restaking token designed to boost and auto-compound ETH yields via a curated AVS basket composed of isolated AVS categories. YieldNest raised $5.2M in funding and says the round was oversubscribed. The company intends to use the funds to expand operations and development efforts. Brands stated that contributors, angels, and advisors share the company’s vision for the future of restaking and LRTs.
Team
No current team members are available.