Hibachi
Seed Round in 2025
Hibachi is a technology company that specializes in developing decentralized trading protocols. Its core focus is to enhance the security and transparency of trading operations for professional traders, utilizing advanced zero-knowledge (zk) mathematics. The platform aims to simplify trading by providing features such as proof of solvency, AI-assisted trading, multi-collateral support, and transparent market infrastructure.
Ellipsis Labs
Venture Round in 2024
Ellipsis Labs is focused on developing Phoenix, a decentralized exchange platform built on the Solana blockchain. This platform features a fully on-chain and non-custodial limit order book, which allows users to engage in cryptocurrency trading with the ability to place limit orders. By facilitating atomic settlement of trades, Phoenix aims to enhance the trading experience by enabling users to avoid sudden price fluctuations and execute orders at their desired prices. The company's commitment to a crankless design ensures a more efficient trading process, positioning it as a significant player in the decentralized finance space.
Kuru is an on-chain order book exchange.
Zeta Markets
Initial Coin Offering in 2024
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.
Ellipsis Labs
Series A in 2024
Ellipsis Labs is focused on developing Phoenix, a decentralized exchange platform built on the Solana blockchain. This platform features a fully on-chain and non-custodial limit order book, which allows users to engage in cryptocurrency trading with the ability to place limit orders. By facilitating atomic settlement of trades, Phoenix aims to enhance the trading experience by enabling users to avoid sudden price fluctuations and execute orders at their desired prices. The company's commitment to a crankless design ensures a more efficient trading process, positioning it as a significant player in the decentralized finance space.
Delegate
Seed Round in 2024
Delegate specializes in enhancing the security of on-chain identities and digital asset management, particularly focusing on non-fungible tokens (NFTs) and ERC20 tokens.
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.
Ellipsis Labs
Seed Round in 2023
Ellipsis Labs is focused on developing Phoenix, a decentralized exchange platform built on the Solana blockchain. This platform features a fully on-chain and non-custodial limit order book, which allows users to engage in cryptocurrency trading with the ability to place limit orders. By facilitating atomic settlement of trades, Phoenix aims to enhance the trading experience by enabling users to avoid sudden price fluctuations and execute orders at their desired prices. The company's commitment to a crankless design ensures a more efficient trading process, positioning it as a significant player in the decentralized finance space.
Slingshot
Venture Round in 2022
Founded in 2018, Slingshot is a San Francisco-based company developing decentralized finance (DeFi) trading platforms. It facilitates secure, trustless, and self-sovereign digital asset transactions for retail users, aggregating prices across multiple exchanges.
Waterfall
Seed Round in 2022
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.
Lasso Labs
Seed Round in 2022
Lasso Labs focuses on simplifying the discovery and utility of digital assets, particularly NFTs. The company has developed a financial platform that facilitates seamless trading and investing in these assets. By providing real-time information and analytics, Lasso Labs equips users with the tools to identify new opportunities and understand various digital asset communities. Their platform offers insights into trends at the asset, collection, and market levels, enabling traders and investors to make informed decisions.
Trisolaris
Seed Round in 2022
Trisolaris is a community-owned decentralized exchange (DEX) that provides a trading platform designed to offer a seamless user experience while minimizing drawbacks typically associated with traditional exchanges. The platform is characterized by its fast settlement times, low transaction fees, and a governance model that empowers users to participate in decision-making processes. Trisolaris enables clients to execute cross-chain swaps and access advanced infrastructure, enhanced tooling, and analytics, thereby facilitating a more efficient trading environment.
Slingshot
Series A in 2021
Founded in 2018, Slingshot is a San Francisco-based company developing decentralized finance (DeFi) trading platforms. It facilitates secure, trustless, and self-sovereign digital asset transactions for retail users, aggregating prices across multiple exchanges.
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.
Saddle Finance
Series A in 2021
Saddle Finance is a financial technology company that operates an automated market maker (AMM) platform specifically designed for trading pegged value crypto assets. The platform facilitates trading by utilizing a tokenized bitcoin pool, which provides deep on-chain liquidity. This configuration allows traders to execute transactions with minimal slippage and low transaction fees, enhancing the efficiency of trading pegged assets. Through its innovative approach, Saddle Finance aims to optimize the trading experience for users engaged in the cryptocurrency market.
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.
Hashflow
Seed Round in 2021
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.
Kraken
Secondary Market in 2021
Kraken is a cryptocurrency exchange that enables spot and futures trading across Bitcoin, Ethereum, and more than 40 digital assets. Founded in 2011, it serves millions of clients and promotes broader cryptocurrency adoption by offering a marketplace where buyers, sellers, and traders exchange digital assets against major currencies. The platform provides services for large trades through a principal over-the-counter desk and offers professional charting tools for technical analysis. It supports automated trading via REST and WebSocket APIs, enabling developers and traders to build, test, and execute strategies. Kraken also offers round-the-clock live chat support to assist users at every stage of their journey. The company aims to provide a secure, accessible, and open financial system to foster financial inclusion.
CoinFLEX
Venture Round in 2021
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
Funding Round in 2021
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.
Saddle Finance
Seed Round in 2021
Saddle Finance is a financial technology company that operates an automated market maker (AMM) platform specifically designed for trading pegged value crypto assets. The platform facilitates trading by utilizing a tokenized bitcoin pool, which provides deep on-chain liquidity. This configuration allows traders to execute transactions with minimal slippage and low transaction fees, enhancing the efficiency of trading pegged assets. Through its innovative approach, Saddle Finance aims to optimize the trading experience for users engaged in the cryptocurrency market.
Slingshot
Seed Round in 2020
Founded in 2018, Slingshot is a San Francisco-based company developing decentralized finance (DeFi) trading platforms. It facilitates secure, trustless, and self-sovereign digital asset transactions for retail users, aggregating prices across multiple exchanges.
Bitnomial
Venture Round in 2020
Bitnomial, Inc. is a company based in Chicago, Illinois, founded in 2014 to develop and operate a bitcoin derivatives exchange. The platform facilitates the trading of margined bitcoin futures and options, including bitcoin US dollar futures and options, by connecting native digital asset hedgers with institutional traders. Bitnomial's infrastructure is designed to enhance derivatives exchange technology and digital asset settlement systems, ensuring compliance with regulations overseen by the CFTC. This enables traders and brokers to engage in bitcoin derivatives trading within a globally trusted jurisdiction, providing a reliable marketplace for both institutional and retail participants.
DerivaDEX
Seed Round in 2020
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.
CoinList facilitates the launch and growth of innovative digital assets, connecting early adopters with promising projects like Filecoin and Solana. It offers a full-service trading platform for popular cryptocurrencies and provides access to new tokens before they list on other exchanges.