Newman Capital

Newman Capital is a venture capital firm established in 2021 and headquartered in Hong Kong, with a presence in both the Asia-Pacific region and the United States. The firm specializes in early-stage investments, primarily focusing on startups that are pioneering technologies in the blockchain and digital asset sectors. Newman Capital aims to identify aspirational founders and innovative projects in Web3, leveraging its extensive network and resources to foster growth and scalability. Its investment strategy emphasizes consumer applications, development enablers, and blockchain infrastructure, allowing it to connect diverse markets and communities effectively.

Anthony Cheng

Partner

Cyrus I.

Partner

21 past transactions

Taproot Wizards

Series A in 2025
Taproot Wizards is a Bitcoin Ordinals project dedicated to expanding Bitcoin's potential.

Liquidium

Seed Round in 2024
Liquidium is a peer-to-peer lending solution that leverages the power of Discreet Log Contracts (DLCs) and Partially Signed Bitcoin Transactions (PSBTs) to enable users to borrow and lend native Bitcoin against native Ordinals as collateral. Ordinal Inscriptions are a new form of digital assets created by inscribing data on Satoshis, the smallest unit of Bitcoin. Liquidium allows Ordinal owners to lock inscriptions as collateral to borrow Bitcoin, while retaining ownership and exposure to their Ordinal. The platform operates solely on the Bitcoin blockchain in a trust-minimal and custodian-free solution. The lending process is facilitated through PSBTs, and the loan outcomes are validated by DeepLake oracles. Liquidium is the biggest Bitcoin NFT lending protocol by volume on the Stacks blockchain for users to borrow against their Bitcoin NFTs.

Arch

Seed Round in 2024
Arch is a Blockchain Infrastructure Premier Bitcoin-Native Application Platform

Blade of God X

Seed Round in 2024
Blade of God X provides cross-platform play as an optimum medium and way of interaction between people and the virtual world.

Inference Labs

Seed Round in 2024
Inference Labs is advancing the use of zero-knowledge cryptography to guarantee the computational integrity of off-chain AI models. This approach enables AI operators to safeguard and conceal the Intellectual Property inherent in their Neural Networks, without disclosing the confidential weights and biases of their proprietary models. Inference Labs is creating a network that aggregates verified intelligence (zk-VIN), offering a suite of tools for owners, users, and operators to efficiently integrate their artificial intelligence using zero-knowledge cryptography.

BlockGames

Seed Round in 2024
BlockGames delivers a cross-game and decentralized player network driven by Universal Player Profiles.

ZeroLend

Seed Round in 2024
ZeroLend is a decentralized lending platform that aims to eliminate the need for intermediaries like banks and traditional financial institutions. It operates on various blockchain networks, including Linea, zkSync, Blast, and Manta, making it a prominent player in the decentralized finance space. The platform provides a secure and transparent environment for users to borrow and lend digital assets, focusing on delivering a user-friendly and seamless lending experience. By leveraging blockchain technology, ZeroLend enhances efficiency and accessibility in the lending market.

BitFlow Finance

Pre Seed Round in 2024
BitFlow Finance offers bitcoines to trade while utilizing the capital,network, and security of Layer 1 Bitcoin, by eliminating middlemen and intermediaries.

Taproot Wizards

Seed Round in 2023
Taproot Wizards is a Bitcoin Ordinals project dedicated to expanding Bitcoin's potential.

Conflux Network

Venture Round in 2023
Conflux Network is an open layer 1 public blockchain designed to facilitate the development of decentralized applications and the use of digital assets. It is notable for being the only regulatory compliant, public, and permissionless blockchain in China. Utilizing a directed acyclic graph (DAG) structure and unique algorithms, Conflux Network aims to create a borderless ecosystem that supports cryptocurrency projects worldwide. The platform promotes the integration of advanced blockchain technology with business applications, accelerating the adoption and utility of blockchain in various sectors.

Xverse

Seed Round in 2023
Xverse develops a user-friendly Bitcoin wallet. It is available for Chrome on desktop and for iOS and Android.

Openfort

Seed Round in 2023
Openfort is a developer of online crypto tools focused on creating economic infrastructure for the blockchain gaming industry. The company provides software solutions that enable projects of various sizes to onboard and monetize users and assets on-chain. Openfort aims to enhance the web3 gaming experience by offering robust technology for managing and expanding crypto accounts for gamers, while also supplying developers with essential tools for blockchain gaming. This approach supports the growth and scalability of blockchain gaming initiatives, making it easier for developers to innovate and engage users in this emerging market.

Scroll.io

Venture Round in 2023
Scroll.io provides a native zkEVM scaling solution for Ethereum. The company upholds the Ethereum network's high-security features while offering users nearly instantaneous, inexpensive transactions.

Orb Labs

Seed Round in 2023
Orb Labs is developing cross-chain messaging protocols and omnichain applications for both developers and consumers.

Kingdomverse

Seed Round in 2023
Kingdomverse is a pioneering mobile gaming metaverse that creates an interconnected ecosystem for mobile gamers. It features a variety of mobile games linked by a dynamic open-world environment. The platform serves as a social hub where players can engage with one another, form guilds, construct their own kingdoms, and participate in battles to conquer new territories. By incorporating NFTs and tokens, Kingdomverse aims to enhance the gaming experience and foster community interaction, making it accessible and engaging for a broad audience.

Suberra

Seed Round in 2022
Suberra is a company that specializes in facilitating cryptocurrency payments for businesses, aiming to enhance the user experience in this evolving financial landscape. It offers a range of services, including the acceptance of crypto payments for commerce, one-time transactions, and subscription models. Suberra's payment infrastructure is designed to enable safe and secure transactions, providing both consumers and merchants with a streamlined process for using cryptocurrencies and stablecoins. This approach not only simplifies payment acceptance for businesses but also empowers consumers to transact more freely and efficiently in their everyday purchases.

Anfin

Seed Round in 2022
AnFin is a venture-backed fintech company building the most innovative products in the wealth management and brokerage space. We strongly believe in the power of the stock market to transform developing economies. Therefore, we want to democratize access to stocks, bonds, and structured investment products. By leveraging scalable technology and strategic partnerships, AnFin plans to build an ecosystem of products that connect stakeholders in a seamless way.

Orderly Network

Series A in 2022
Orderly Network is a decentralized exchange protocol built on the NEAR blockchain, established in April 2022. The platform aims to provide a robust liquidity layer infrastructure that enables decentralized applications (dApps) to effectively utilize and build on its technology. Orderly Network distinguishes itself by offering market-leading execution capabilities, characterized by low latency and minimal fees, alongside access to a wide range of liquidity options. Its infrastructure supports permissionless spot and future order book trading, which allows users to address their specific trading needs while minimizing liquidity concerns during development and operation.

The Kingdom

Seed Round in 2022
The Kingdom is an upcoming open-world metaverse focusing on culture-led experiences. Explore immersive cities, embark on missions and quests, dress up your NFT avatars and create your own world in The Kingdom.

Gemie

Seed Round in 2022
Gemie is a metaverse platform designed to transform the entertainment industry by enabling celebrities and entertainment intellectual properties to create customized virtual planets and exclusive digital collectibles. This platform allows fans to engage directly with top-tier celebrities in Asia through utility-focused non-fungible tokens (NFTs) and licensed digital collectibles. By offering unique interactive experiences, Gemie fosters a deeper connection between fans and their favorite stars.
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