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The Venture Codex

Tykhe Block Ventures

Cheyenne, WY, United States

Overview

At Tykhe Block Ventures, we lead seed rounds into bold ventures and hold liquid investments within the blockchain sector with a focus on decentralisation technologies, digital assets and their key enabling infrastructure.

Total investments
12
Lead investments
2
Investments · 12mo
2
Active investors
3

Sector focus

  • Blockchain
  • Cryptocurrency
  • Venture Capital
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Investment portfolio

  • OpenBox AI

    Led · Seed · Mar 2026

    OpenBox AI provides trust infrastructure for enterprise AI systems, focusing on governance, cryptographic attestation, real-time audit trails, human-in-the-loop oversight, and dynamic agent risk scoring. The platform enforces identity, authorization, and policy at execution time and integrates natively with tools such as Temporal, n8n, Mastra, LangChain, AWS, and Cursor. OpenBox highlights proprietary capabilities including cognitive behavior analysis to detect agent goal drift and adaptive risk scoring that adjusts controls based on observed behavior. The company was founded by Tahir Mahmood and Asim Ahmad and is based in San Francisco. It reports early traction with billion-dollar customers across logistics, healthcare, and media and was selected for the Accenture FinTech Innovation Lab London 2026 cohort. The product is available publicly with core governance features offered without usage limits and advanced features available as paid options.

  • Zynk

    Participated · Seed · Nov 2025

    Zynk is developing a blockchain-based payment infrastructure that enables instant international settlements without requiring pre-funded liquidity, targeting use cases such as fintech apps, remittance providers, trading platforms, neobanks, payroll systems, and other B2B payment processors. Its platform currently supports transactions across USD, EUR, AED, INR, MXN, and PHP corridors, and it earns revenue by charging fees tied to transaction volume and liquidity usage. Founded in April 2025 by Prashanth Swaminathan, Manish Bhatia, and Abhishek Pitti, the company operates out of Hyderabad. Since a quiet launch earlier this year, Zynk reports 70% month-on-month growth. With the fresh capital, the team plans to widen corridor coverage, bolster compliance and security, and secure partnerships with global banks and payment institutions. These initiatives aim to solidify Zynk’s position as the backbone for real-time, cross-border money movement. The company has not publicly disclosed revenue figures but positions its rapid growth trajectory and expanding corridor network as key indicators of traction.

  • Irys

    Participated · Series A · Aug 2025

    Irys is a London-based blockchain startup that stores and makes data programmable so smart contracts and AI agents can interact with it natively onchain. Data first enters a Submit Ledger for validation and can be promoted to a Publish Ledger for long-term, verifiable storage, with additional term-based ledgers for custom storage durations. The company is building the IrysVM, a high-performance, EVM-compatible execution layer designed to work natively with onchain data and allow direct interaction between storage and computation. Smart contracts on IrysVM can enforce rules on stored programmable data, enabling management of AI models, inference proofs, and programmable datasets directly onchain. The company plans to use its new funding to expand operations and accelerate development efforts. The article does not disclose revenue, users, or other operating metrics. Irys, formerly Bundlr Network, provides on-chain data infrastructure aimed at improving provenance, performance, and scalability for blockchain data. The company says it has broadened its scope to support developers and businesses in leveraging on-chain data. Irys is positioning its product to meet evolving developer and enterprise needs for reliable on-chain data. The team is expanding operations, and the company describes the recent financing as strategic to that expansion. CEO Josh Benaron framed the funding as a testament to investor confidence in Irys’s vision and ability to bring the world’s data on-chain. Financially, Irys has just completed a new $8.9 million funding round to support its growth plans.

  • Asigna

    Led · Equity · May 2025

    Asigna is a non-custodial smart multisig vault designed for secure Bitcoin asset management across the base layer, metaprotocols, and Layer-2s. It protects over $1.1Bn of funds and enables teams, DAOs, and institutions to manage shared Bitcoin treasuries and participate in Bitcoin DeFi while minimizing hacks and conflicts. Asigna integrates with execution environments such as Stacks, Arch, Citrea, and Botanix, and supports interactions with dApps, decentralized exchanges, bridges, and metaprotocols including Ordinals, Runes, Alkanes, BRC-20, and Rare Sats. The company is launching a major v2 upgrade adding Embedded Apps and a developer SDK, allowing users to interact with Bitcoin-based applications directly from within the multisig environment. Asigna also released a Connection SDK and Multisig SDK for third-party developers to connect multisig wallets, create, sign and execute transactions, sign messages, manage funds, and deploy or call contracts. New features include a customizable portfolio dashboard, direct swaps between Bitcoin assets and BTC, sub accounts, email notifications, governance and customizable signer permissions, privacy mode, and advanced UTXO management.

  • Blocksense

    Participated · Seed · Sep 2024

    Blocksense is a zk-rollup-based oracle solution that reduces costs by tightly packing data blocks and introducing a transparent charging model. It offers decentralized, permissionless data feeds intended to transform how oracle networks operate. Anyone can stake BlockSense tokens to become a data provider on the network. Nodes automatically execute result-reporting tasks by obtaining oracle scripts and broadcasting their results to the Blocksense network. The product emphasizes cost efficiency, automation, and decentralization through its design. The company recently completed a seed financing round that supports its early development and deployment plans.

Team