Electric Capital

Axelar develops interoperability software connecting blockchain ecosystems, applications, and users. Founded in 2020 by Sergey Gorbunov and Georgios Vlachos, Axelar enables developers to build cross-chain decentralized applications using its protocol suite.

Infinit is the DeFi Abstraction Layer that removes the enormous friction associated with creating and scaling DeFi ecosystems.

Ava Protocol is a blockchain platform that automates complex transactions using smart contracts and event triggers. It offers features such as scheduled payments, stop-loss orders, and automated workflows, enabling developers to enhance privacy, composability, and cost savings in crypto transactions across various blockchains like Ethereum.

Squads is a developer of a decentralized program that enables the establishment of better and easier decentralized autonomous groups. The company's application combines all of the key components of a decentralized autonomous organization, such as deployment, treasury, vault management, on-chain voting, and chat, into a single portal with an easy-to-use interface, allowing users to streamline daily operations using a decentralized autonomous organization structure.

Zeta Markets is a decentralized finance (DeFi) derivatives platform operating on the Solana blockchain. It offers liquid derivatives trading for individuals and institutions, enabling users to hedge, speculate, or take positions on various market movements. The platform provides real-time pricing updates, instant trade execution, and low-cost settlements.

Storm Labs operates an open-source software development studio, specializing in building infrastructure for the next generation of finance. It empowers users to create and manage personalized DeFi investment portfolios autonomously, mitigating challenges such as losses and portfolio rebalancing.

Develper of a multi-party computation wallet platform designed to seamlessly connect to d-apps across a wide range of chains while keeping digital assets secure. The company's platform offers a web-three gateway that is built for decentralized finance, offering multi-party computation key management, self-serve defi policy controls, time-of-transaction smart contract insights, transaction simulation, and risk alerts, enabling market participants to easily and securely connect to decentralized applications.

Kresko develops an online capital platform for synthetic stocks, commodities, and crypto, with the goal of making wealth accessible on mobile. The company provides an asset protocol featuring a per-account data model that enables developers to integrate digital assets into applications and wallets, while improving capital efficiency, user experience, asset listing, and risk management. Its platform offers a unified DeFi experience that supports minting, swapping, pooling, and farming of assets, and includes portfolio health indicators to monitor risk. By building on its protocol, developers can deliver asset-backed functionality within their apps and wallets, expanding access to diverse digital assets and simplifying how users interact with them.

Llama specializes in secure access control and governance solutions for smart contracts. Its platform enables decentralized autonomous organizations (DAOs) to manage permissions for actions like fund transfers, parameter changes, and protocol upgrades securely and transparently.

Hourglass operates within the blockchain industry, specializing in liquid staking services for locked assets within Frax and Convex ecosystems. Its core offering involves creating time-bound tokens (TBTs) that represent staked assets with specific lock-up periods, enabling users to trade these tokens and transfer ownership, thereby managing risk and enhancing investment flexibility.

Yoz Labs is a Web3 notification platform focused on enhancing interactions between developers and users. The company aims to build a scalable messaging infrastructure that allows developers to send instant on-chain notifications. By providing a low-to-no code interface, Yoz Labs simplifies the notification process, requiring only a smart contract to initiate communication. This approach enables developers to efficiently reach users with immediate updates, streamlining the overall user experience in the Web3 environment.

Develper of a multi-party computation wallet platform designed to seamlessly connect to d-apps across a wide range of chains while keeping digital assets secure. The company's platform offers a web-three gateway that is built for decentralized finance, offering multi-party computation key management, self-serve defi policy controls, time-of-transaction smart contract insights, transaction simulation, and risk alerts, enabling market participants to easily and securely connect to decentralized applications.

Waterfall is a company that specializes in developing a trading protocol for rare non-fungible tokens (NFTs) and collectible digital art, focusing on live on-chain pricing. The company aims to enhance the liquidity and composability of NFTs by creating innovative infrastructure and auction mechanisms. Its platform offers financial derivatives strategies and tools that enable users to trade tokens effectively, predict price movements, and receive real-time updates on market valuations. Through these advancements, Waterfall seeks to facilitate a more dynamic and productive environment for NFT trading.

Immunefi is a security services platform specializing in bug bounty programs aimed at protecting cryptocurrency projects from vulnerabilities associated with Web3. Founded in 2020 and headquartered in Singapore, the company offers a comprehensive solution that includes network hosting, bug triaging, and program management specifically tailored for blockchain technology. Immunefi's platform assists in reviewing smart contract code, disclosing vulnerabilities, and securing projects against malicious exploits and unforeseen attacks, thereby enhancing the overall safety and reliability of crypto initiatives.

Comm Technologies is focused on enhancing end-to-end (E2E) encryption through the development of a crypto-native messaging platform. This platform allows users to acquire non-fungible tokens (NFTs) while maintaining their online anonymity. By utilizing personal private servers and key servers, Comm Technologies offers a web3 chat solution that ensures secure communication and adheres to specific notification restrictions. This approach enables clients to manage their communications effectively through a unified inbox, while also facilitating the scaling of E2E encryption for enhanced privacy.

Certora develops automated software security technology. It supplements programming experts and manual auditors by detecting vulnerabilities before deployment and during operation. The platform provides mathematical proofs of correctness daily for defined properties, ensuring the absence of security vulnerabilities.

Spruce is building a future where users control their identity and data across all digital interactions.

Delta One is a technology company that develops decentralized finance (DeFi) protocols on the Solana blockchain. Its core product is a yield generation protocol designed to offer novel, low-risk farming markets for cryptocurrency investors. The platform employs innovative quantitative research and rigorous engineering to create automated, delta-neutral trading strategies, aiming to minimize impermanent loss and maximize risk-adjusted yields. Delta One's mission is to democratize access to these yield opportunities, fostering mass adoption of crypto investing through user-friendly DeFi primitives.

Espresso Systems specializes in providing scaling and privacy solutions for Web 3 applications, focusing on the innovative area of shared sequencing within blockchain technology. This involves the use of sequencers that verify and batch transactions on layer-2 blockchains before sending them to a layer-1 chain, such as Ethereum, for settlement. Additionally, Espresso Systems develops online transaction technology aimed at enhancing the online payment industry, offering infrastructure that facilitates secure and efficient online interactions. Their solutions cater to the needs of clients in the online transaction sector, contributing to the advancement of the third generation of the World Wide Web.

Ava Protocol is a blockchain platform that automates complex transactions using smart contracts and event triggers. It offers features such as scheduled payments, stop-loss orders, and automated workflows, enabling developers to enhance privacy, composability, and cost savings in crypto transactions across various blockchains like Ethereum.

Mysten Labs develops tools to enhance web3 security and facilitate its widespread adoption. They create foundational infrastructure to accelerate the integration of decentralized services across multiple chains, improving underlying technologies like distributed systems and cryptography.

Anoma is a Zug-based Swiss company established in 2021. It develops an intent-centric, privacy-preserving protocol for decentralized counterparty discovery, solving, and multi-chain atomic settlement.

ConsenSys is an Ethereum software and Web3 company that enables developers, enterprises, and individuals to build decentralized applications, deploy modern financial infrastructure, and access the decentralized web. Its product suite includes Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, serving millions of users and supporting billions of blockchain-based queries and digital assets. Built on Ethereum, ConsenSys fosters the growth of a programmable economy by providing tools, services, and research that accelerate innovation and the mainstream adoption of blockchain technology.

Immunefi is a security services platform specializing in bug bounty programs aimed at protecting cryptocurrency projects from vulnerabilities associated with Web3. Founded in 2020 and headquartered in Singapore, the company offers a comprehensive solution that includes network hosting, bug triaging, and program management specifically tailored for blockchain technology. Immunefi's platform assists in reviewing smart contract code, disclosing vulnerabilities, and securing projects against malicious exploits and unforeseen attacks, thereby enhancing the overall safety and reliability of crypto initiatives.

Aurora is an Ethereum Virtual Machine developed by the NEAR Protocol team, offering a seamless solution for developers to run applications on an Ethereum-compatible platform. It combines the benefits of Ethereum compatibility with the scalability and low transaction costs of the NEAR Protocol, creating a high-throughput environment for decentralized applications. The platform is designed to deliver an exceptional user experience, enabling Ethereum developers to transition effortlessly by simply changing the RPC endpoint. Aurora aims to facilitate the development of decentralized applications while ensuring affordability and efficiency for users.

Taker Protocol is a cryptocurrency liquidity protocol specializing in Non-Fungible Tokens (NFTs).

Kresko develops an online capital platform for synthetic stocks, commodities, and crypto, with the goal of making wealth accessible on mobile. The company provides an asset protocol featuring a per-account data model that enables developers to integrate digital assets into applications and wallets, while improving capital efficiency, user experience, asset listing, and risk management. Its platform offers a unified DeFi experience that supports minting, swapping, pooling, and farming of assets, and includes portfolio health indicators to monitor risk. By building on its protocol, developers can deliver asset-backed functionality within their apps and wallets, expanding access to diverse digital assets and simplifying how users interact with them.

Developer of a decentralized platform facilitating active liquidity management. Its tool enables participants to use smart vaults for liquidity mining and asset management across various decentralized finance protocols and exchanges, maximizing returns from fees while minimizing impermanent loss.

Certora develops automated software security technology. It supplements programming experts and manual auditors by detecting vulnerabilities before deployment and during operation. The platform provides mathematical proofs of correctness daily for defined properties, ensuring the absence of security vulnerabilities.

Hashflow is a decentralized exchange (DEX) aggregator that allows users to trade digital assets seamlessly across multiple leading blockchains, including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Solana. Launched in April 2021, Hashflow employs an intent-based smart order routing system to ensure traders receive optimal prices, drawing from over $8 billion in liquidity and enabling the trading of any token. The platform has successfully facilitated over $18 billion in total trade volume. Hashflow's team comprises experienced professionals from renowned companies in both web2 and web3 sectors, bringing expertise from organizations such as Airbnb, Amazon, Goldman Sachs, and Google. The company is supported by notable investors, including Dragonfly Capital, Electric Capital, and Coinbase Ventures, among others. Hashflow aims to enhance the trading experience by combining centralized order-matching and trade execution with decentralized custody, thereby offering users non-custodial trading options.

Gitcoin, established in 2017 and headquartered in Boulder, Colorado, operates a platform that connects open-source developers with funding opportunities. The platform, built on the Ethereum network using Solidity, enables developers to monetize their work in various programming languages, including Python, Rust, Ruby, JavaScript, and Solidity. Gitcoin fosters a symbiotic relationship between developers, maintainers, and financiers, promoting the growth of open-source projects and the community. The company's grants management platform offers decentralized allocation infrastructure and smart contract-based funding mechanisms, facilitating efficient capital distribution and community-driven innovation within blockchain ecosystems.

CoinFLEX is a cryptocurrency derivatives exchange and yield platform that specializes in trading crypto assets, including Bitcoin. The company offers a physically delivered crypto futures exchange designed to address shortcomings in cash-settled contracts, allowing for high leverage trading that minimizes risks associated with index or settlement manipulation. CoinFLEX provides innovative yield products, notably flexUSD, the first interest-earning stablecoin, and AMM+, an automated market maker that emphasizes capital efficiency. The platform aims to streamline and secure the trading and management processes for professional proprietary trading firms, hedge funds, and institutions operating in the cryptocurrency sector. Backed by notable figures and institutions in the crypto industry, CoinFLEX is committed to enhancing the trading experience in global cryptocurrency markets.

Anoma is a Zug-based Swiss company established in 2021. It develops an intent-centric, privacy-preserving protocol for decentralized counterparty discovery, solving, and multi-chain atomic settlement.

Swivel Finance is a company based in Austin, Texas, founded in 2020 that specializes in creating an online lending platform. It offers a decentralized protocol designed for fixed-rate lending and interest-rate derivatives, allowing lenders to secure fixed-rate interest rates on their ERC-20 tokens. The platform is characterized by its low transaction overhead and reduced risk for users, facilitating a more stable lending environment in the decentralized finance space.

Cozy Finance, Inc. is a Seattle-based company that specializes in developing risk management software tailored for the decentralized finance (DeFi) sector. Founded in 2020, the company offers a permissionless, peer-to-peer protection solution that enables users to invest in DeFi while safeguarding their assets against potential hacks and exploits. Additionally, Cozy Finance allows users to deposit funds, which can then be utilized by others for protected investing. By providing innovative tools and solutions, Cozy Finance aims to enhance the security and value management of cryptocurrency investments for developers and investors alike.

DerivaDEX is a community-governed derivatives exchange designed to combine performance and autonomy with the security of a decentralized platform. It operates on the Ethereum blockchain, utilizing an innovative liquidity-mining token model that empowers users to engage in the exchange's governance and operations. By incorporating an open order book and on-chain settlements, DerivaDEX facilitates efficient trading while ensuring transparency and security. The exchange aims to establish itself as a next-generation trading platform by leveraging trusted hardware and enhancing decentralization at its foundational level.

NEAR is a blockchain platform that enables developers to build, deploy, and run decentralized applications. It offers NEAR Protocol, a scalable smart contract platform with decentralized storage and compute capabilities, along with developer tools such as documentation, wallet, studio, and explorer. The platform supports a broad ecosystem of components and aims to bridge the adoption gap for mainstream software by refining the development experience and enabling agents and clients to own assets, make decisions, and transact across networks. NEAR was founded in 2017 and is headquartered in California.

O1Labs, established in 2017, is a blockchain technology company that specializes in zero knowledge cryptography and innovative cryptographic solutions. The company's significant contributions include the development of the Mina Protocol, recognized as the world's first lightweight, scalable, and decentralized zk blockchain. Additionally, O1Labs has created o1js, an intuitive framework designed to assist developers in building zk applications. By leveraging zero-knowledge proofs, O1Labs seeks to enhance blockchain accessibility and facilitate the creation of user-friendly cryptocurrency applications that operate natively in web browsers. The company's vision is to drive the next generation of applications powered by zero knowledge cryptography.

ThunderCore operates a high-performance public blockchain compatible with the Ethereum Virtual Machine (EVM). It employs a proprietary consensus protocol called PaLa, which addresses scalability challenges and enables rapid transaction processing at over 4,000 TPS with confirmation times under one second. The network's native currency, TT, facilitates secure and low-cost transactions, with gas fees costing less than a fraction of a cent. ThunderCore serves an international user base across over 190 countries, supporting decentralized applications (dApps) with enhanced security and scalability.

Spacemesh is a layer‑one blockchain protocol that emphasizes permissionless decentralization and environmental sustainability. It employs a Proofs of Space‑Time consensus mechanism that leverages unused disk space for computation, allowing participants to contribute without significant resource consumption. The network uses a directed acyclic graph topology instead of a traditional chain, and its collaborative mining approach eliminates leader election and lottery‑based incentives. The platform is open source and supports general‑purpose smart contracts at web‑scale, providing a fair, secure, and self‑healing global computer for decentralized applications.

O1Labs, established in 2017, is a blockchain technology company that specializes in zero knowledge cryptography and innovative cryptographic solutions. The company's significant contributions include the development of the Mina Protocol, recognized as the world's first lightweight, scalable, and decentralized zk blockchain. Additionally, O1Labs has created o1js, an intuitive framework designed to assist developers in building zk applications. By leveraging zero-knowledge proofs, O1Labs seeks to enhance blockchain accessibility and facilitate the creation of user-friendly cryptocurrency applications that operate natively in web browsers. The company's vision is to drive the next generation of applications powered by zero knowledge cryptography.

ThunderCore operates a high-performance public blockchain compatible with the Ethereum Virtual Machine (EVM). It employs a proprietary consensus protocol called PaLa, which addresses scalability challenges and enables rapid transaction processing at over 4,000 TPS with confirmation times under one second. The network's native currency, TT, facilitates secure and low-cost transactions, with gas fees costing less than a fraction of a cent. ThunderCore serves an international user base across over 190 countries, supporting decentralized applications (dApps) with enhanced security and scalability.