Serum
New York City, NY, United States
Overview
Serum is the world's first completely on-chain cryptocurrency ecosystem with trustless trading brought to you by Project Serum, in collaboration with a consortium of crypto trading and DeFi experts. Built on Solana, Serum is fast and efficient. While we built the Serum protocol, it is permission less – we do not hold special power anymore. It is up to you, the crypto community, to use it as you will.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Blockchain
- Cryptocurrency
- Financial Exchanges
- Financial Services
Investment portfolio
- Cashmere
Participated · Seed · Aug 2022
Cashmere builds and operates an enterprise wallet platform designed specifically for the Solana ecosystem, giving companies a secure, self-custody alternative to cold storage. Its product enables multisignature transaction approval, ensuring that multiple authorized wallets must sign before any assets can be moved, thereby eliminating a single point of failure. The service targets crypto hedge funds, NFT projects, gaming companies and well-known Web3 startups; the team notes that marketplace giant OpenSea signed up organically soon after launch. Cashmere positions itself as an ‘institutional-grade’ solution that remains practical for day-to-day treasury operations, contrasting with less convenient cold-storage hardware. Wallet security on Solana has become a heightened concern after recent hacks, which Cashmere cites as validation of its approach. The company intends to use its newly raised capital to expand its engineering team and roll out a premium product for larger institutions later this year. Founded roughly six months ago, it has already attracted a roster of high-profile crypto investors and customers, though revenue and user counts were not disclosed.
- Vybe Network
Participated · Series A · Jun 2022
Vybe Network provides data infrastructure that enables live and historical on-chain data to be queried and analyzed for the Solana ecosystem. The company supports teams building DeFi and Web3 dApps by supplying permissionless, transparent data and tools for extracting meaningful insights and metrics. Led by CEO Arun Dass, Vybe helps build user-friendly and accessible applications that allow anyone to access and benefit from on-chain data. The company says it will use the new funding to decentralize data access and storage so any user can participate, monetize, and share their data. Vybe aims to power innovative dApps and provide insights into favored Solana protocols. It raised $10.5M in a Series A to advance these goals.
Team
No current team members are available.