YZi Labs

YZi Labs is a venture firm that focuses on investing in and supporting startups across various stages of development, particularly in the domains of Web3, artificial intelligence, and biotechnology. The company actively seeks out promising blockchain entrepreneurs and projects, offering them necessary financing and resources to foster innovation and growth within the blockchain ecosystem. By identifying ventures with strong fundamentals, YZi Labs aims to empower these startups and contribute to the advancement of cutting-edge technologies.

Max Coniglio

Investment Director

Alex Odagiu

Investment Director

Michael Siu

Investment Director

Past deals in Bitcoin

Hemi Labs

Seed Round in 2024
Hemi Labs is a developer of a modular blockchain network that enhances the functionalities of Bitcoin and Ethereum by integrating them into a unified supernetwork. This innovative approach focuses on improving blockchain interoperability and scaling, allowing for seamless cross-chain portability and programmability. Hemi's network offers advanced security features, known as "superfinality," which surpass the security levels of Bitcoin. Co-founded by Jeff Garzik, a former Bitcoin core developer, and Max Sanchez, the inventor of the Proof-of-Proof consensus protocol, Hemi Labs is supported by a team of experienced blockchain engineers and strategic partners. The company's mission is to redefine the interaction between leading blockchain networks, enabling users to move their assets effortlessly while accessing new capabilities.

Corn

Seed Round in 2024
Corn is a new Ethereum Layer 2 network that aims to be the best platform for utilizing Bitcoin.

Zest Protocol

Seed Round in 2024
Zest Protocol is an innovative financial service platform that enhances the utility of Bitcoin by providing a unique borrowing and lending ecosystem. As the first on-chain Bitcoin lending protocol, it enables Bitcoin holders to earn additional BTC or borrow against their assets, thereby facilitating participation in a dynamic market. The platform prioritizes security and minimizes risks associated with traditional lending solutions by utilizing Bitcoin and Layer 2 technologies. Users can engage with the platform through yield pools by using Stacks and Bitcoin addresses, with rewards distributed in USD-denominated tokens. Zest Protocol aims to make Bitcoin more productive, allowing individuals to meet their credit needs while maximizing the potential of their holdings.

UXUY

Seed Round in 2024
UXUY is a company focused on developing a next-generation decentralized trading platform based on multi-party computation (MPC) technology. It aims to simplify access to cross-chain liquidity through its innovative aggregation protocol. UXUY offers a stablecoin-centric ecosystem that facilitates cross-chain payments, allowing investors to seamlessly transact across multiple blockchain networks. The company provides easy integration options with versatile APIs and libraries, enhancing the user experience and accessibility for a variety of investors.

NGRAVE

Series A in 2022
NGRAVE is a company that specializes in providing secure solutions for managing cryptocurrency. It has developed a comprehensive hardware wallet that prioritizes security by ensuring that private keys are never exposed. The device operates entirely offline, from secret key generation to transaction signing, effectively safeguarding digital assets from online threats and malicious hacking attempts. NGRAVE's innovative approach allows users, including businesses, to store their cryptocurrencies with enhanced protection against potential cyber risks.

MathWallet

Series B in 2020
MathWallet is a multi-platform cryptocurrency wallet that supports over 50 public blockchains, allowing users to store Bitcoin and major altcoins, including Ethereum, EOS, and Tron. The wallet is designed to facilitate various functions such as trading, payments, and accessing cryptocurrency news while enabling the secure storage and management of multi-chain tokens and decentralized applications (dApps). MathWallet offers a cross-chain token exchange feature and operates nodes for proof-of-stake chains. It is available across multiple formats, including mobile applications, browser extensions, web interfaces, and hardware solutions, providing users with convenient access to a wide range of cryptocurrency services.

Bitsika

Seed Round in 2019
Bitsika is a payment application aimed at facilitating instant money transfers for users across Africa and beyond. The platform allows individuals to receive funds from anyone globally without incurring fees. Designed for ease of use, users can sign up through their Google or Apple accounts and create a unique username that begins with a dollar sign. In addition to enabling social payments, Bitsika functions as a digital wallet, offering features such as virtual card creation and the ability to trade bitcoins. This comprehensive approach simplifies the process of sending and spending money, making it accessible for a wide range of users.

Koi Trading

Seed Round in 2018
Koi Trading is an over-the-counter (OTC) trading desk specializing in connecting global cryptocurrency markets. Headquartered in San Francisco, with additional offices in Hong Kong and Europe, the company provides a reliable and efficient trading pathway for institutional investors and high net-worth individuals interested in blockchain assets. Koi Trading facilitates the execution of trades in major cryptocurrencies and fiat currency pairs, earning the trust of brokerage firms, exchanges, miners, and cryptocurrency funds worldwide. Additionally, the company develops a trading platform that bridges liquidity pools, enhancing access to virtual currency exchanges and stablecoins for its clients.

Avalon Finance

Avalon Finance is a decentralized protocol that offers a BTC liquidity mechanism for production.
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