Overview
Venture capital firm investing in decentralized protocols and blockchain.
Founded
2019
Deals · 12mo
0
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Taproot Wizards | Feb 2025Led | $30 MOther Equity | |
Farcaster | May 2024Participated | $150 MOther Equity | |
M^0 Labs | Feb 2024Participated | $23 MSeed | |
Axiom | Jan 2024Led | $20 MSeries A | |
Taproot Wizards | Nov 2023Led | $8 MSeed | |
Mino Games | Feb 2023Led | $15 MSeries B | |
Limit Break | Aug 2022Led | $200 MOther Equity | |
Instadapp | Jun 2021Led | $10 MOther Equity | |
Sommelier | Mar 2021Led | $4 MSeed | |
Aave | Oct 2020Participated | $25 MOther Equity | |
Taproot Wizards | Feb 2025Led | $30 MOther Equity | |
Farcaster | May 2024Participated | $150 MOther Equity | |
M^0 Labs | Feb 2024Participated | $23 MSeed | |
Axiom | Jan 2024Led | $20 MSeries A | |
Taproot Wizards | Nov 2023Led | $8 MSeed | |
Mino Games | Feb 2023Led | $15 MSeries B | |
Limit Break | Aug 2022Led | $200 MOther Equity | |
Instadapp | Jun 2021Led | $10 MOther Equity | |
Sommelier | Mar 2021Led | $4 MSeed | |
Aave | Oct 2020Participated | $25 MOther Equity |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 2 | 1 |
| Series A | 1 | 0 |
| Series B | 1 | 0 |
| Other Equity | 3 | 2 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Oct '20 | 1 |
| Nov '20 | 0 |
| Dec '20 | 0 |
| Jan '21 | 0 |
| Feb '21 | 0 |
| Mar '21 | 1 |
| Apr '21 | 0 |
| May '21 | 0 |
| Jun '21 | 1 |
| Jul '21 | 0 |
| Aug '21 | 0 |
| Sep '21 | 0 |
| Oct '21 | 0 |
| Nov '21 | 0 |
| Dec '21 | 0 |
| Jan '22 | 0 |
| Feb '22 | 0 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 0 |
| Jul '22 | 0 |
| Aug '22 | 1 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 1 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 1 |
| Dec '23 | 0 |
| Jan '24 | 1 |
| Feb '24 | 1 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 1 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 1 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Crypto & Blockchain | 9 |
| Networks, Cloud & Communication | 3 |
| Fintech | 3 |
| Developer Tools | 3 |
| Gaming & eSports | 2 |
| Enterprise Software | 1 |
| E-Commerce & Retail | 1 |
| Social & Community Platforms | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 1 |
| $5M-$10M | 1 |
| $10M-$25M | 4 |
| $25M-$50M | 2 |
| $50M-$100M | 0 |
| $100M-$250M | 2 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 3 of 3 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 7 |
| Europe | 2 |
| Canada | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Paradigm | 3 |
| a16z crypto | 1 |
| AirTree Ventures | 1 |
| Alameda Ventures | 1 |
| AllianceDAO (DeFi Alliance) | 1 |
| Andreessen Horowitz | 1 |
| Anthos Capital | 1 |
| Bitcoin Frontier Fund | 1 |
| Blockchain Capital | 1 |
| Blockchain.com Ventures | 1 |
| Boost VC | 1 |
| Buckley Ventures | 1 |
| Coinbase Ventures | 1 |
| Collab+Currency | 1 |
| Collider Ventures | 1 |
| Distributed Capital | 1 |
| Earl Grey Capital | 1 |
| Earlybird | 1 |
| Ethereal Ventures | 1 |
| FTX Ventures | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 7 | 70% |
| Participating | 3 | 30% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 5 | 71% |
| Co-led | 2 | 29% |
Team
Co-Founder
Co-Founder