Participated · Series A · May 2026

TownSquare operates an on-chain infrastructure that routes deposited stablecoins and tokenized RWAs into lending, liquidity provisioning, leverage loops, institutional yield strategies and DeFi vault strategies so users can earn APY. The platform supports EVM ecosystems including Monad and BNB Chain and has initial yield vaults planned for assets such as USD1, USDC, cbBTC, tokenized gold and other RWAs through partner integrations. As of the reporting, TownSquare's total value locked (TVL) stood at $46.4M. The company cites that institution-backed on-chain assets have grown to roughly $36 billion and notes some institutional yield strategies generating returns above 8%. TownSquare has also announced plans with WLFI for a $100M UhSD1 pipeline to scale institutional and on-chain yield products.

Participated · Series A · May 2026

TownSquare is a DeFi money market protocol operating on the Monad layer-1 blockchain that facilitates lending and borrowing. The protocol plans to develop a $USD1 stablecoin and tokenize real-world assets (RWAs) to be used as collateral within its markets. By integrating RWAs, TownSquare aims to offer more stable, yield-generating opportunities and to bridge traditional finance with on-chain lending. The project has secured $16.25 million in pre-Series A funding from a consortium of institutional and crypto investors. The funds are earmarked to build out its revenue-generation infrastructure and accelerate the stablecoin and RWA initiatives. No operating metrics, valuation, founding year, or location were provided in the announcement.

Led · Equity · Jul 2025

Falcon Finance operates a synthetic-dollar protocol called USDf that lets institutions, DeFi protocols, and other capital allocators mint fully over-collateralized, USD-pegged liquidity against a wide range of on-chain or tokenized real-world assets. The platform has issued more than $1.6 billion worth of USDf, making it one of the ten largest stablecoins by market capitalization. To bolster user protection, Falcon seeded a $10 million on-chain insurance fund using protocol fees, providing a buffer to honor yield obligations during periods of stress. The company recently executed the industry’s first live mint of USDf backed by tokenized U.S. Treasuries, further bridging traditional finance with DeFi liquidity. Chainlink’s Cross-Chain Interoperability Protocol and Proof of Reserve give users real-time verification that every USDf remains fully over-collateralized. Falcon is broadening USDf distribution through new exchange listings and integrations with perpetuals, real-world-asset trading venues, and yield markets. With fresh capital, the team plans to expand global fiat corridors, deepen ecosystem partnerships, and harden the resilience of its collateral model.