Participated · Seed · Jul 2025

BridgePort offers an agnostic middleware platform that connects exchanges, custodians, and trading firms to coordinate capital allocation and post-trade settlement. Its system uses real-time messaging and coordinated collateral management to eliminate the need for prefunding and address credit and settlement risk. The platform is live in production on AWS and supports integration via REST APIs, FIX protocol, and bespoke connectivity. The company emphasizes interoperability across the institutional crypto market and is actively onboarding exchanges and regulated custodians to extend its settlement network. BridgePort is led by executives with decades of experience building fixed income and FX trading platforms for large traditional financial institutions. The company recently raised $3.2M in a seed round to accelerate platform development and expand the team to meet growing institutional demand.

Participated · Series A · Nov 2022

Kiln is a French white-label staking technology provider that offers on-chain smart contracts, SDKs and APIs to enable one-click pooled staking integrations in non-custodial wallets. It also operates a large network of Ethereum validator nodes and is the largest operator by validators with just over 4% market share on Ethereum. Kiln programmatically manages staking through its smart contracts, collecting an automated commission on rewards, which ties its revenue growth to assets under management. The company currently manages 1,168,288 staked ETH, roughly $3 billion at current exchange rates, and has increased its stake under management fivefold over the past year. Kiln provides dedicated validator operations for partners and counts clients such as Ledger, Crypto.com and Coinbase for pooled staking services in their non-custodial wallets. The company plans product expansion and the establishment of an office in Singapore. Kiln has raised a total of $35 million since its inception. Kiln is a Paris-based, enterprise-grade staking technology platform provider offering infrastructure and tooling for staking across major proof-of-stake blockchains. Its product suite includes Kiln Connect (a single SDK to integrate staking, rewards data and custodians), Kiln On-Chain (smart contracts for ETH staking and automated rewards management), Kiln Dashboard (staking dashboard, administration, reporting and data export) and Kiln Validators (dedicated or shared validators with enterprise SLAs on multi-cloud Kubernetes). The company manages over $500 million of assets staked under management. Customers include Binance US, GSR and Ledger. Kiln plans to use the newly raised funds to expand its staking infrastructure product range. The business is co-founded by CEO Laszlo Szabo, CPO Ernest Oppetit and COO Thomas de Phuoc and targets institutional-grade staking customers.

Led · Series A · Mar 2022

Kwik provides last-mile delivery, e-commerce warehousing/fulfilment and merchant-facing software that matches businesses with independent riders and logistics partners via an asset-light marketplace model. The company launched in Lagos in 2019 and has expanded to Abuja, onboarding more than 100,000 merchants, with over 75% weekly active users. Kwik charges an average commission of about 20% per delivery and says deliveries can take less than two hours. It has integrated payment services, which now represent more than 10% of its GMV, and plans to build further financial services including a B2B lending marketplace. The team positions Kwik as a merchant “super app” that bundles selling, delivery and financing tools in one mobile experience. The company intends to use new funding to accelerate expansion across additional Nigerian cities and grow its merchant base to 800,000 by year-end.

Participated · Series A · Jul 2021

Valkyrie Investments is a specialized alternative asset financial services firm offering managed products across a number of digital assets, including Bitcoin and Polkadot. The firm provides a range of investment products and services from trusts and separately managed accounts to multiple exchange-traded funds that are pending SEC approval. Co-founded by CEO Leah Wald, a World Bank veteran, and CIO Steven McClurg, a Guggenheim Partners and Galaxy Digital veteran, Valkyrie focuses on building institutional-grade digital-asset investment products. The company raised approximately $10 million in a Series A and plans to use proceeds to further build its Nashville presence by hiring research, trading, compliance, marketing, and sales staff. It will also develop its product pipeline, broaden distribution channels, and expand its presence in Asia when conditions permit. Valkyrie currently offers managed products across several digital assets and is positioning to broaden its product and distribution footprint.

Participated · Equity · Jun 2021

Nayms operates the world’s first fully-regulated marketplace for on-chain insurance, enabling insurance partners to conduct regulated insurance business on-chain. Launched in 2019, the company holds both a full Digital Asset Business Act license and an Innovative Insurer General Business license out of Bermuda. Its platform aims to create a transparent, traceable, and tradable digital-assets risk marketplace that connects brokers, insureds, sponsors, and capital providers. Nayms has raised a total of $12 million to date after closing a private token sale led by UDHC, with long-standing supporters including New Form, Tokentus, and Keyrock participating. The funding will be used to expand its global team, accelerate product and marketplace development, marketing, and global business expansion. Nayms is reaching final stages of development ahead of insurance program launches with partners such as Aon, Breach, and Evertas and plans to accelerate engineering and onboarding for its first users. Nayms operates a blockchain insurance marketplace focused on insuring and trading digital-asset risk. It is preparing a native token, NAYM, designed to let participants share in network value by capturing fees from contract placements, trading activity, and growing collateral on the protocol. The token is intended to align incentives across capital providers, underwriters, brokers and insureds to promote healthy insurance placement and risk trading. Financially, Nayms closed a $2.1m seed funding round in January and has secured an additional $6m via subscriptions tied to a future NAYM token listing. The new capital has already funded senior hires — David Verbeeten joined as Chief Commercial Officer and Tyler Skelton as Head of Finance — expanding the team to 12 with two further insurance hires planned. Nayms says it will announce a launch program with major brokers and underwriters later this year and expects an allocation of initial NAYM supply in Q1 2022. Nayms provides infrastructure for digital-asset insurance using smart contracts that collateralise cryptocurrency risk with matching crypto-assets, aiming to eliminate FX risk. The startup has partnered with MakerDAO to collateralise its ‘Smart Insurance Contracts’ using the Dai stablecoin. Its first pilot — a digital insurance contract covering electronic theft and phishing — was placed by Breach Insured for client Coinlist. The company says the crypto insurance market is roughly 96% uninsured and plans larger pilots to prepare for a full launch later in 2021. Nayms is pursuing regulatory approval from the Bermuda Monetary Authority before full launch and hopes to expand beyond digital assets into the wider insurance market. An upcoming pilot with SafetyWing will test expansion into insuring remote workers.