Participated · Series F · Jun 2026

Digital Asset builds and operates the Canton Network, a public, permissionless Layer 1 blockchain that provides protocol-level privacy and confidentiality guarantees and runs applications written in its open-source smart contract language, Daml. Canton is designed to enable tokenized asset workflows across multiple parties while keeping transaction data confidential, and it has attracted marquee institutional participants including Visa, Goldman Sachs, and DTCC. The network has processed or issued more than $6 trillion in tokenized assets according to prior reporting, and Visa became a Canton Super Validator and added Canton to a stablecoin settlement pilot. The Canton ecosystem has also seen activity such as a $540 million raise by Canton Strategic Holdings (formerly Tharimmune) to build a Canton Coin treasury and a project called Zenith completing atomic swaps between Canton and an EVM-compatible environment. On the financing front, Digital Asset raised $135 million in June 2025 and $50 million in December 2025, and is now pursuing a roughly $300 million round led by a16z crypto. The company is backed by trading firms and banks including DRW Holdings and Citadel Securities.

Participated · Series D · Sep 2025

Founded in 2017, Zero Hash offers an on-chain infrastructure platform that functions like the “AWS of crypto,” supplying APIs and developer kits that power trading, payments, remittances, payroll, tokenization and other digital-asset use cases. The company’s regulatory-first model enables clients such as Interactive Brokers, Stripe, Shift4, BlackRock’s BUIDL Fund, Franklin Templeton and DraftKings to embed crypto, stablecoin and tokenized asset services while meeting compliance requirements. Zero Hash supports more than five million end users across 190 countries, illustrating broad adoption of its platform. Management says demand is accelerating as clearer U.S. and EU regulations spur mainstream financial institutions to pursue on-chain strategies. The firm plans to use its newest capital to accelerate product development and grow headcount, further entrenching itself as core infrastructure for banks, brokerages, payment companies and loyalty platforms. Including the latest raise, Zero Hash has secured roughly $275 million in total funding and is now valued at about $1 billion.

Participated · Series A · Aug 2025

Casap is an AI-powered disputes automation and fraud prevention platform that automates the full dispute lifecycle for banks, credit unions, and fintechs. Its platform uses AI agents to intake cases, analyze evidence, predict outcomes, and automate actions such as issuing credits, filing chargebacks, and communicating with merchants, backed by a proprietary fraud score that flags suspicious consumers and merchants. Customers including Chartway FCU and MidSouth Community FCU report over a 51% reduction in fraud losses, positive ROI in weeks, and scaled case volume without additional headcount. By replacing fragmented tools with a unified intelligent system, Casap aims to resolve cases faster and build consumer trust. The company says the $25M Series A will accelerate expansion of first-party fraud scoring and AI decisioning, support hiring, and further its vision of eliminating friction across the payments lifecycle. Casap has raised $33.5M to date and positions itself as a category leader in payment disputes automation. Casap provides an AI-powered disputes automation and fraud prevention platform with built-in regulatory expertise and network integrations. The platform intelligently analyzes evidence, predicts outcomes, and automates actions such as issuing credits, filing chargebacks, and responding to merchants. It also uses a fraud score to identify suspicious consumers and merchants to proactively reduce disputes. Casap is already serving customers across the payments ecosystem, from major fintechs and established institutions like Chartway Credit Union to Banking-as-a-Service providers and sponsor banks. The company intends to use the new funding to continue to scale its platform. Casap was co-founded by Shanthi Shanmugam and Saisi Peter.

Participated · Seed · Feb 2018

BlockFi is a crypto financial-services firm that operates a platform holding client balances across account types. Amid a broad decline in crypto markets, BlockFi signed a term sheet for a $250 million revolving credit facility from FTX to backstop the firm and stabilize its balance sheet. CEO Zac Prince said the facility is intended to be contractually subordinated to all client balances and will bolster the firm's balance sheet and platform strength. FTX CEO Sam Bankman‑Fried said the partnership is meant to help BlockFi "navigate the market from a position of strength" and emphasized protecting customer assets. The term sheet is contingent on execution of definitive documents, which both companies expect to complete in the coming days. Company statements said operations remain normal and the funding should remove concerns about BlockFi's ability to service clients and temper worries about crypto contagion. BlockFi’s core product includes the BlockFi Interest Account (BIA), which promises high interest payouts to crypto depositors and had amassed over $15 billion in assets by March 31. The company is pursuing plans to go public, with investor materials indicating a 12-to-18-month timeline for an IPO. BlockFi is nearing a $500 million Series E that documents show is expected to close on July 27 and to leave the firm with a $4.75 billion post-money valuation. The Series E is being led by Hedosophia and Third Point LLC, with participation from Coinbase Ventures, Tiger Global and Bain Capital. At the same time, state regulators in Texas, Alabama and New Jersey have alleged the BIA is an unregistered security, prompting notices and deadlines that could affect onboarding and product operations. BlockFi’s leadership says it is engaging with regulators and believes the BIA is lawful while it continues to pursue growth and public-market plans. BlockFi offers a retail and institutional-facing suite of products that let users earn yield on crypto (6% on Bitcoin, 8.6% on stablecoins), buy and sell digital assets, and obtain low-cost loans secured by crypto holdings. The company also provides lending and trade execution services to institutions participating in digital-asset markets. BlockFi has seen rapid growth in users and assets: it now has 265,000 funded retail clients, over 200 institutional clients, and has lent over $10 billion. Assets on the platform rose to $15 billion (from $1 billion the prior March), while monthly revenue increased to over $50 million (up from $1.5 million a year prior). Headcount expanded to about 530 employees and the company reports a 0% loss rate across its lending portfolio since inception. BlockFi plans to launch a Bitcoin Rewards Credit Card, expand its product suite and global retail support (Europe, APAC, LatAm), pursue strategic acquisitions, and double headcount by year’s end. BlockFi is a cryptocurrency lender and financial services company based in Jersey City, NJ. It offers USD loans backed by crypto, interest-earning accounts, trading, and released iOS and Android mobile apps. The company is expanding into new business lines including an upcoming bitcoin rewards-based credit card and support for additional assets and currencies. BlockFi services clients worldwide and in all U.S. states, and has seen particularly strong growth in Asian markets aided by strategic partnerships. It reported more than $1.5B in assets on the platform and a 0% loss rate across its lending portfolio since inception. The firm has bolstered its leadership with hires including a Chief Growth Officer, Chief Security Officer, General Counsel, and a Europe/APAC Managing Director. BlockFi offers a suite of crypto financial products that seamlessly interact with one another. Its products include crypto-based interest accounts providing up to an 8.6% annual percentage yield on Bitcoin, Ether and stablecoins, crypto-backed loans allowing liquidity up to 50% of an asset's value, and zero-fee trading. The company reports more than $650M in assets on the platform and a 0% loss rate across its entire loan portfolio since it began lending in January 2018. BlockFi grew revenue more than 20x in 2019. On the institutional side it services over 50 reputable institutional clients and plans to open a Singapore office in the first half of 2020 to better serve Asia Pacific clients. Proceeds from the raise will be used to grow the team and expand offerings to mainstream users, starting with a mobile app in the coming months.

Led · Equity · Jan 2016

PieSync is a cloud-based intelligent synchronization platform that helps multinationals and SMEs manage contact information. It provides two-way, real-time synchronization of contact data across more than 100 SaaS applications, including Google Contacts, HubSpot, Marketo, Salesforce, Teamleader and accounting programs. The platform automatically detects possible conflicts in contact data and matches and deduplicates records. Founded in 2014 in Ghent, Belgium by Ewout Meyns and Mattias Putman, PieSync serves both large enterprises and smaller businesses. The company raised €2.8m ($3.5m) and plans to use the funds to expand commercially through increased sales and marketing and by strengthening its management team. The funding round underscores its focus on scaling commercial operations and product reach. PieSync offers a platform that connects many cloud applications and performs two-way contact synchronization to prevent data corruption, duplicates, and overwrites. The company supports syncing with 16 apps including Podio, Pipedrive, Mailchimp, Google Contacts, Nimble, OnePageCRM, and Salesforce, and says it adds more apps each month. PieSync says its technology allows it to add a new integration in a day or two, enabling disparate SaaS offerings to communicate. Its typical customers are teams that use multiple cloud applications and need to keep contact data synchronized between sales platforms, marketing tools, and personal email. The startup charges a monthly subscription for the service and positions itself as solving a broader syncing problem than single-point integrations offered by many SaaS vendors.