Participated · Series A · Mar 2022

Wombat Exchange is a Hong Kong-based, BNB-native multichain stableswap backed by Binance that aims to re-engineer the stableswap experience with an innovative algorithm design. The protocol emphasizes greater capital efficiency, accessibility, and scalability across multiple chains. Its core product is a hyper-efficient multichain stableswap designed to accelerate DeFi growth by improving liquidity and capital utilization. The company plans to use new capital to accelerate product development and geographic and protocol expansion. Wombat reported a valuation increase to $70M following this raise and a prior seed round led by Binance Labs in November 2021. The team frames its vision around pushing DeFi boundaries in a multichain world.

Participated · Equity · Dec 2021

Kudo Money builds Unomi identity passports, a decentralised scoring protocol that aggregates on-chain activity across Ethereum, Polygon, BSC and Solana to produce programmable scores (0–100) like Credit, Airdrop, Hodler and Power‑user. These passports let users batch wallets, sync multi‑chain activity, and enable protocols to profile users for rewards, undercollateralized lending, airdrops and improved UX. The company says scores will help DeFi protocols assess creditworthiness and allow addresses with higher reputation to access borrowing, airdrops and farming opportunities. Kudo is developing an ecosystem of Web3 products (including Unomi and Bitquity) aimed at mainstream crypto adoption. Financially, Kudo closed a $4 million strategic funding round to accelerate development of the passport ecosystem. The company plans to decentralise identity infrastructure by launching a native token, $KUDO, with a public sale planned for Q1 next year.