NGC Ventures

NGC Ventures is a venture capital firm founded in 2017 and based in Singapore. The firm focuses on investing in early-stage startups and projects that operate within the blockchain, artificial intelligence, fintech, and web 3.0 infrastructure sectors. As a strategic investment vehicle for the NEO Foundation, NGC Ventures is recognized as one of the largest institutional owners of cryptocurrencies. The firm's mission is to support innovative companies that are shaping the future of technology and finance.

Carey Cai

Investment Manager

Andrea Chang

Partner

Zihao Chen

Partner

Tony Gu

Managing Partner

Fangyuan Hong

Managing Director

Tony Tao

Co-Founding Partner

Wayne Zhu

General Partner

Past deals in Smart Contracts

Optimum

Seed Round in 2025
Optimum constitutes a decentralized, high-performance memory infrastructure tailored for use across various blockchains.

Infrared Finance

Series A in 2025
Infrared Finance is a developer of a proof-of-liquidity protocol that facilitates liquidity staking within the Berachain ecosystem. The company focuses on simplifying the proof of liquidity for blockchains and non-fungible tokens, aiming to maximize value capture for its users. By offering accessible liquid staking alternatives and supporting node infrastructure and PoL vaults, Infrared Finance enhances user experience and fosters growth within the ecosystem. Through its innovative solutions, the company seeks to drive engagement and participation in the evolving landscape of decentralized finance.

Hivello

Seed Round in 2025
Hivello is a developer of an income generation platform focused on decentralized physical infrastructure networks (DePIN) for Web3 applications. The company aims to enhance the accessibility of decentralized services by providing a user-friendly platform that allows individuals to mine DePIN protocols without requiring specialized technical knowledge. Hivello's innovative approach enables users to earn Web3 tokens through straightforward mining processes, thereby facilitating participation in the growing decentralized ecosystem. By simplifying access to these technologies, Hivello contributes to the expansion and adoption of Web3 applications.

Usdx money

Seed Round in 2024
USDX is a synthetic USD stablecoin that employs a multicoin arbitrage strategy as backing, maintaining a delta neutral approximate dollar position through balanced trading across various digital assets.

0G Labs

Seed Round in 2024
0G Labs is a technology business that specializes in blockchain technology, emphasizing decentralization for a range of industries and societal issues.

Ammalgam

Seed Round in 2024
Ammalgam is a technology company that specializes in decentralized finance (DeFi). It has developed a unique platform, the Decentralized Lending Exchange (DLEX), which combines lending and trading functionalities into a single protocol. This innovative solution enables users to increase their yield, unlock new utility, and enhance capital efficiency by integrating these services without the need for oracles. The platform allows market makers to provide liquidity to and borrow from the same contract, making it a comprehensive and efficient tool for DeFi participants.

Ion Protocol

Seed Round in 2024
Ion Protocol is a blockchain-based lending platform that enables users to deposit and borrow against a wide array of validator-backed assets, including staked and restaked holdings. Its decentralized platform employs zero-knowledge machine learning for credit risk underwriting, facilitating efficient management of user positions and enhancing staking returns.

Blockless

Pre Seed Round in 2024
Blockless is a developer of a web assembly-based verifiable serverless functions platform that facilitates decentralized application development. The platform provides multiple nodes with customizable consensus mechanisms and executes functions in a secure, hardened runtime environment. It ensures secure data transmission and supports familiar programming languages, enabling developers to efficiently launch applications on a decentralized global network. By prioritizing decentralization without compromising on performance or security, Blockless aims to enhance the capabilities of developers in the evolving landscape of decentralized technologies.

DappOS

Series A in 2024
DappOS is an innovative company focused on enhancing the usability and accessibility of decentralized applications (dApps) within the blockchain ecosystem. By developing a unified operating protocol, DappOS creates a user-friendly layer that simplifies interactions between users and various blockchain infrastructures, including public blockchains and cross-chain bridges. This approach allows for intuitive user interfaces and streamlined experiences, making dApps as easy to use as mobile applications. DappOS aims to lower the technical barriers associated with blockchain technology, facilitating greater mass adoption of decentralized applications and contributing to a more interconnected and user-centric blockchain environment.

peaq

Series A in 2024
peaq is a pioneering company in the blockchain sector, focused on creating a decentralized infrastructure for various real-world applications, known as DePINs. It operates a layer-1 blockchain that supports over 25 applications across 11 different industries, facilitating the connection of more than 500,000 devices, vehicles, machines, and robots. By offering a permissionless and borderless platform, peaq aims to democratize access to mobility, energy, connectivity, environment, agriculture, and digital infrastructure, ensuring that the benefits of advanced technologies reach a broader audience. The company's in-house developed blockchain hybrid technology operates under a software-as-a-service model, allowing large organizations to enhance efficiency by reducing costs, automating processes, and improving the security and speed of their systems. Through its innovative solutions, peaq is positioned to play a critical role in the evolving landscape of intelligent machines and the digital economy.

Nubit

Pre Seed Round in 2024
Founded by UCSB professor Yu Feng, Nubit is building the Trustless World Computer for Bitcoin, enabling open scaling and programmability of Bitcoin through Bitcoin-native technology (BitVM, OP_CAT, DA, etc). Nubit lets developers build any native application, onboarding the world to Bitcoin. Backed by Polychain. Learn more at Nubit.org.

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.

BounceBit

Seed Round in 2024
BounceBit is a company focused on creating a robust trading platform designed for cryptocurrency users. It provides a Bitcoin restacking infrastructure that enhances yield opportunities while facilitating seamless trading experiences. By connecting decentralized finance (DeFi) and centralized finance (CeFi) through an environment that is compatible with Ethereum Virtual Machine (EVM), BounceBit ensures financial security for its users. The platform emphasizes smart contract execution centered around the BTC Token, aiming to offer a comprehensive solution for users navigating the complexities of crypto trading.

Analog

Seed Round in 2024
Analog is a decentralized platform focused on facilitating omnichain interoperability and transferring validated event data in the Web3 ecosystem. Built on the Proof-of-Time consensus algorithm, Analog serves as the creator of the Timechain, a consensus-agnostic protocol that enhances cross-chain communication. The company offers a suite of developer tools, including the Watch SDK and Timegraph SDK, which enable developers to deploy and query blockchain data seamlessly across connected networks. The Watch SDK provides a data infrastructure toolkit, while the Timegraph SDK simplifies access to organized Web3 data through an intuitive interface. By developing features such as the General Message Passing SDK, Analog aims to empower developers to create innovative event-based applications that extend beyond simple token transfers, thereby contributing to a more interconnected and trustless blockchain environment.

Nibiru Chain

Seed Round in 2024
Nibiru Chain is an innovative Layer 1 blockchain and smart contract ecosystem designed to enhance throughput and security for developers and users. It aims to facilitate mainstream adoption of Web3 by providing a user-friendly and developer-centric environment for decentralized application (dApp) development across various sectors, including decentralized finance (DeFi), gaming, real-world assets, non-fungible tokens (NFTs), and more. Since its inception in late 2022, numerous projects have been built on Nibiru, all focused on improving interactions with digital assets. The platform operates on a Proof-of-Stake consensus mechanism, utilizing its core utility token, NIBI, for network security, governance, and transaction fees. A unique feature of Nibiru is its "Dev Gas" royalty mechanism, which allows developers to earn a portion of the gas fees from their smart contracts, further incentivizing ecosystem growth and development. Overall, Nibiru Chain is positioned as a comprehensive solution for creating a seamless and efficient blockchain experience.

Infrared Finance

Seed Round in 2024
Infrared Finance is a developer of a proof-of-liquidity protocol that facilitates liquidity staking within the Berachain ecosystem. The company focuses on simplifying the proof of liquidity for blockchains and non-fungible tokens, aiming to maximize value capture for its users. By offering accessible liquid staking alternatives and supporting node infrastructure and PoL vaults, Infrared Finance enhances user experience and fosters growth within the ecosystem. Through its innovative solutions, the company seeks to drive engagement and participation in the evolving landscape of decentralized finance.

Fetcch

Pre Seed Round in 2024
Fetcch is a company specializing in payments and digital rewards, focused on developing a web-three pull payments infrastructure platform. The platform aims to decentralize the connectivity network for payments, connecting users, wallets, and decentralized applications across multiple blockchains. Fetcch introduces a system of cross-chain, composable wallet IDs, which allows users to maintain a single identity linked to various addresses on different chains. This innovation enhances the user experience by simplifying the management of blockchain interactions and addressing common challenges faced by users in the decentralized finance space.

Hivello

Pre Seed Round in 2023
Hivello is a developer of an income generation platform focused on decentralized physical infrastructure networks (DePIN) for Web3 applications. The company aims to enhance the accessibility of decentralized services by providing a user-friendly platform that allows individuals to mine DePIN protocols without requiring specialized technical knowledge. Hivello's innovative approach enables users to earn Web3 tokens through straightforward mining processes, thereby facilitating participation in the growing decentralized ecosystem. By simplifying access to these technologies, Hivello contributes to the expansion and adoption of Web3 applications.

STELSI

Venture Round in 2023
STELSI is a Web3-based metaverse project that focuses on architectural planning and design, construction, and building management for the construction and real estate industries.

Connext

Series A in 2023
Connext, Inc. is a software development company based in San Francisco, California, founded in 2017 by Arjun Bhuptani, Layne Haber, and Rahul Sethuram. The company specializes in creating an interoperability protocol that facilitates fast and fully-trustless communication between different blockchains. Its innovative technology aims to foster the formation of an interconnected network of blockchains, commonly referred to as the internet of blockchains. Additionally, Connext provides users with tools to purchase and manage blockchain applications, offering features such as direct card purchases for token acquisition, access to current vaults, decentralized compliance, and walletless signature capabilities.

zkMe

Pre Seed Round in 2023
zkMe is a company that specializes in zero-knowledge (zk) Identity Oracles designed for decentralized and anonymous cross-chain credential verification. By ensuring that no personal information is ever processed by third parties, zkMe eliminates the risks of data leaks and misuse, granting users complete control over their digital identities. The platform enables users to selectively share their credentials with authorized parties while maintaining their privacy. As a fully decentralized provider, zkMe adheres to Financial Action Task Force (FATF) compliance standards and offers a comprehensive suite of products, including solutions for anti-bot and anti-sybil verification, as well as Know Your Customer (KYC) services.

Dolomite.io

Seed Round in 2023
Dolomite.io is a simple & secure decentralized crypto exchange.

SuiPad

Seed Round in 2023
SuiPad is a blockchain-based financial platform designed for secure and transparent trading and management of digital assets. It specializes in initial DEX offerings (IDOs) and initial NFT offerings (INOs) by focusing on selected projects, implementing a flexible whitelist, and ensuring a fair level of participation. The platform features a low-fee trading system that facilitates fast transaction times, allowing cryptocurrency traders to minimize their trading costs and execute trades efficiently. Additionally, SuiPad incorporates a native token that enhances governance and liquidity, contributing to the overall growth and development of the platform while providing users with essential tools for navigating the digital asset market.

Teahouse Finance

Seed Round in 2023
Teahouse Finance is a developer of a decentralized finance (DeFi) investment platform that addresses the challenges associated with concentrated liquidity provision on Uniswap V3. The company leverages advanced blockchain technology to create a comprehensive ecosystem that includes elements of DeFi, non-fungible tokens (NFTs), and gaming finance (GameFi). By utilizing smart contracts, Teahouse Finance offers secure and flexible asset management solutions, enabling businesses and investors to diversify their portfolios while ensuring a high level of security and operational flexibility.

Guardian Labs

Seed Round in 2023
Guardian Labs is a company that provides comprehensive protection for users, assets, and businesses within the Web3 ecosystem. It operates a decentralized finance platform that facilitates various blockchain activities, including connecting, transacting, storing, staking, borrowing, and lending. Guardian Labs aims to empower users by enabling them to develop decentralized applications (dApps) while fostering community engagement and growth. The company emphasizes accessibility and inclusivity, ensuring that users can manage their funds and transactions securely and on their own terms.

Polybase Labs

Pre Seed Round in 2023
Polybase Labs is a company that specializes in providing a web3 platform for database management, leveraging blockchain technology to ensure a decentralized and secure approach to data storage. The platform supports various types of data, including user profiles and transaction histories, utilizing zero-knowledge technology to enhance information security, privacy, and integrity. By offering a robust solution for developers and organizations, Polybase Labs facilitates the secure management of sensitive data while promoting decentralized storage solutions.

Wallchain

Seed Round in 2023
Wallchain is a technology company specializing in Ethereum Virtual Machine (EVM) chains. It offers a popular solution for recovering users' Maximum Extractable Value (MEV) through its MEV Rebate service, having processed over 24,000 transactions. Notably, Wallchain's solution has been endorsed as the top choice by the BNB chain and featured twice on TechCrunch. Additionally, the company develops web3 cash-back software and anti-bot solutions aimed at reducing network congestion caused by predatory MEV bots. Its mission is to foster a healthy and decentralized blockchain ecosystem that ensures user safety and promotes revenue growth for the web3 community.

Greeks.Live

Seed Round in 2023
Greeks.Live is a provider of trading tools specifically designed for crypto options traders, focusing on creating a seamless trading experience. The company develops a platform that enhances the management of options portfolios through innovative features. These include customized trading tools such as automatic dynamic hedging and one-click trading, which cater to the diverse needs of traders. By remaining responsive to client feedback, Greeks.Live aims to simplify the complexities of crypto options trading, making it more accessible and efficient for its users.

Fluidity Money

Seed Round in 2022
Fluidity Money is a blockchain incentive platform that rewards users with yields for using their cryptocurrency. It seeks to solve DeFi's utility problem by introducing a novel incentive mechanism that rewards users for on-chain transactions. Users can wrap stablecoins in Fluidity in exchange for the fluid counterpart of that stablecoin. This can be USDC, for example, which becomes fUSDC. This works with a variety of stablecoins, including DAI, USDT, and Frax. The yield distributed via transactions is derived from lending out the underlying assets on money markets. When USDC is wrapped, fUSDC is created, and the principal is lent out.

ChainSafe Systems

Series A in 2022
ChainSafe is a blockchain company based in Toronto that specializes in developing blockchain protocols and infrastructure systems. The firm focuses on providing developers with blockchain-agnostic tools that facilitate the creation of decentralized applications. By utilizing emerging technologies, including blockchain, smart contracts, and machine learning, ChainSafe enables developers to design user-centric systems. This approach allows developers to build adaptable toolkits that can operate across various blockchain ecosystems, catering to organizations of all sizes and objectives.

Nibiru Chain

Seed Round in 2022
Nibiru Chain is an innovative Layer 1 blockchain and smart contract ecosystem designed to enhance throughput and security for developers and users. It aims to facilitate mainstream adoption of Web3 by providing a user-friendly and developer-centric environment for decentralized application (dApp) development across various sectors, including decentralized finance (DeFi), gaming, real-world assets, non-fungible tokens (NFTs), and more. Since its inception in late 2022, numerous projects have been built on Nibiru, all focused on improving interactions with digital assets. The platform operates on a Proof-of-Stake consensus mechanism, utilizing its core utility token, NIBI, for network security, governance, and transaction fees. A unique feature of Nibiru is its "Dev Gas" royalty mechanism, which allows developers to earn a portion of the gas fees from their smart contracts, further incentivizing ecosystem growth and development. Overall, Nibiru Chain is positioned as a comprehensive solution for creating a seamless and efficient blockchain experience.

Oasys

Initial Coin Offering in 2022
Oasys is a blockchain platform specifically tailored for the gaming industry. It aims to create an ecosystem that facilitates the distribution of gaming channels. By integrating the advantages of public Layer 1 and private Layer 2 blockchain technologies, Oasys provides users with a high-speed experience that minimizes transaction fees. The platform addresses common challenges faced by game developers in integrating blockchain solutions, ultimately enhancing the value and support available to the gaming sector. Through its innovative technology, Oasys seeks to empower both developers and gamers, fostering a more efficient and rewarding gaming environment.

Composable Foundation

Series A in 2022
Composable Finance is a developer of a blockchain protocol focused on establishing cross-layer and cross-chain interoperability infrastructure. The company aims to create a seamless connection between various Ethereum layer two implementations and facilitate interaction among diverse layer one blockchains. By enabling smart contracts from different blockchain networks to operate simultaneously on a single parachain, Composable Finance addresses liquidity fragmentation and enhances both financial and creative opportunities for users in the blockchain ecosystem. Through its innovative approach, the company is unlocking the potential of a multi-layer, multi-chain future for decentralized applications and services.

Analog

Seed Round in 2022
Analog is a decentralized platform focused on facilitating omnichain interoperability and transferring validated event data in the Web3 ecosystem. Built on the Proof-of-Time consensus algorithm, Analog serves as the creator of the Timechain, a consensus-agnostic protocol that enhances cross-chain communication. The company offers a suite of developer tools, including the Watch SDK and Timegraph SDK, which enable developers to deploy and query blockchain data seamlessly across connected networks. The Watch SDK provides a data infrastructure toolkit, while the Timegraph SDK simplifies access to organized Web3 data through an intuitive interface. By developing features such as the General Message Passing SDK, Analog aims to empower developers to create innovative event-based applications that extend beyond simple token transfers, thereby contributing to a more interconnected and trustless blockchain environment.

YuzuSwap

Seed Round in 2021
YuzuSwap is a decentralized exchange operating on the Oasis Emerald Protocol, focused on facilitating the discovery and swapping of tokens within the Oasis ecosystem. The platform employs a non-custodial, peer-to-peer, automated market-maker model, which allows users to engage in token swaps efficiently and at low costs. YuzuSwap incorporates various incentives, such as liquidity and trade mining, to enhance user participation. Key features of the platform include a buyback mechanism, limitless extensibility, a "trade once, mine forever" concept, a fair launch approach, and a DAO vault, all designed to create a user-friendly and secure trading experience.

Earnity

Series A in 2021
Earnity is a Silicon Valley-based platform that focuses on creating a community-oriented marketplace for cryptocurrencies. It aims to make decentralized financial products more accessible by allowing users to buy individual cryptocurrencies or select from themed collections. The platform emphasizes transparency and provides users with opportunities to earn, learn, collect, and gift their preferred tokens. By fostering a community-driven approach, Earnity enhances the educational experience related to cryptocurrency while facilitating straightforward transactions within the crypto space.

Core Starters

Seed Round in 2021
Core Starters services startups and investors through blockchain-based decentralized services to solve real problems.

MCDEX

Venture Round in 2021
Fully permissionless protocol for decentralized perpetual swaps

Mines of Dalarnia

Funding Round in 2021
Mines of Dalarnia is a dynamic blockchain gaming platform that offers an adventure-based mining experience for both single and multiplayer modes. The game allows players to guide their characters through various levels to collect rare relics and artifacts, which can be used to upgrade gear and reveal hidden secrets. Players can engage in the NFT marketplace to purchase cosmetics and minerals, enhancing their gaming experience. Additionally, Mines of Dalarnia owns in-game land plots, enabling them to collect rental fees by leasing these plots to other players. The platform also incorporates a governance system where holders of its digital token can vote on proposals related to land economics and game policies, fostering community involvement in the development of the game.

DeFi Land

Series A in 2021
DeFi Land is a developer of a multi-chain agriculture simulation designed to gamify decentralized finance. The platform integrates various decentralized finance protocols, including automated market makers, decentralized exchanges, and lending services, within an engaging game environment. By combining traditional gaming elements with decentralized finance functionalities, DeFi Land aims to create an interactive experience that attracts non-crypto users and facilitates their entry into the world of digital finance. This innovative approach not only enhances user engagement but also simplifies the complexities of decentralized finance, making it more accessible to a broader audience.

Spores Network

Seed Round in 2021
Spores Network is a publisher specializing in GameFi and the Metaverse, dedicated to facilitating Web3 experiences through entertainment intellectual property and corporate partnerships. The company has developed a comprehensive decentralized finance platform that supports borderless cross-chain exchanges. This platform incorporates a governance token aimed at fostering community engagement and decentralized finance applications. By prioritizing non-fungible token (NFT) creators and community-driven initiatives, Spores Network enables users to incentivize NFT creators, buyers, and agents, enhancing liquidity within its ecosystem.

Algomint

Seed Round in 2021
Algomint is a blockchain infrastructure company founded in 2021 and based in Brisbane, Queensland, Australia. It specializes in providing a decentralized platform that allows users to mint a variety of digital assets on the Algorand network. By utilizing blockchain technology, Algomint facilitates interoperability across multiple digital assets, enabling access to the decentralized finance (DeFi) marketplace. The company aims to support the next generation of blockchains through its innovative solutions for digital asset creation and management.

Dexlab

Seed Round in 2021
Dexlab is a decentralized exchange platform that specializes in the minting and listing of tokens for projects built on the Solana blockchain. The platform facilitates investment opportunities for crypto traders by allowing them to buy and sell various tokens efficiently. By leveraging the Serum decentralized exchange's central order book, Dexlab enhances transaction speed, liquidity, and introduces innovative monetization features. This approach enables users to navigate both blockchain and non-blockchain projects, positioning Dexlab as a key player in the decentralized finance landscape.

Dtravel

Seed Round in 2021
Dtravel is a decentralized platform designed for the home-sharing economy, enabling users to facilitate both short and long-term stays. By leveraging blockchain technology, Dtravel eliminates intermediaries in the vacation rental process, thereby empowering hosts and guests with greater ownership, control, and decision-making capabilities. The platform aims to enhance transparency and reduce fees within the home rental market, allowing guests to tailor their travel experiences more effectively. Through its innovative approach, Dtravel seeks to improve the relationship between participants in the home-sharing ecosystem while maintaining a focus on community engagement. The platform supports transactions in both cryptocurrency and traditional payment methods, making it accessible to a broader audience.

Moonedge

Venture Round in 2021
Moonedge is a decentralized launchpad platform focused on supporting early-stage blockchain projects within the Polygon ecosystem. The company aims to foster mass adoption of Web3 technologies by collaborating closely with various projects. By facilitating a rigorous vetting process, Moonedge accelerates the development and success of prominent start-ups, providing them with essential resources to meet their needs effectively. Additionally, the platform enables users to initiate decentralized exchange offerings (IDOs), thereby enhancing their market presence and operational capabilities. Through these efforts, Moonedge seeks to contribute significantly to the growth and innovation of the blockchain landscape.

SubDAO

Funding Round in 2021
SubDAO Network operates a cross-chain Decentralized Autonomous Organization (DAO) protocol on Polkadot. It offers tools for creating and managing DAOs, facilitating cross-chain management with connected decentralized applications (DApps), and bridging Web 2.0 and Web 3.0 technologies. The platform provides digital agreement signing, DAO social networking, asset management, funding pool management, voting, and customization services to empower DAO creators and participants in governing their organizations.

Shield Finance

Seed Round in 2021
Shield Finance is a multi-chain decentralized finance (DeFi) insurance aggregator that operates across several prominent blockchains, including Polkadot, Ethereum, Binance Smart Chain, and Solana. The company has developed a proprietary aggregation engine designed to offer customized insurance packages tailored to meet the specific needs of investors. By providing protection against significant market downturns caused by unexpected events, Shield Finance aims to enhance the security and confidence of users participating in the DeFi ecosystem.

EthSign

Seed Round in 2021
EthSign is a decentralized e-signing platform that leverages blockchain technology to provide a secure and transparent alternative to traditional signature services. By addressing the data security challenges associated with centralized providers, EthSign aims to restore trust in electronic signatures. The platform integrates Web3 technologies, including decentralized identity, smart contracts, and decentralized storage networks, allowing users to seamlessly comment on, edit, and access different versions of electronic agreements. This innovative approach not only enhances privacy and communication but also simplifies the signing process, enabling clients to upload documents and manage pending signatures efficiently.

X World Games

Seed Round in 2021
X World Games, established in 2018 and headquartered in Singapore, is focused on developing a next-generation decentralized gaming metaverse. The company aims to create a diversified gaming ecosystem that bridges traditional gaming and blockchain technology, encouraging more game developers to enter the crypto space. X World Games offers innovative products such as the crypto game Dream Card, an NFT marketplace, and a DeFi pool, catering to over 2 million registered gamers. The platform allows users to trade NFTs and customize in-game items, fostering social interaction within various crypto gaming communities. With a dynamic team of over 100 professionals located worldwide, X World Games has rapidly emerged as a leader in the crypto gaming sector.

Phuture

Seed Round in 2021
Phuture is a cryptocurrency index platform focused on offering users passive exposure to cryptocurrency assets through innovative financial products. The company develops on-chain index funds and structured products that simplify the investment process, allowing users to engage with the cryptocurrency market without dealing with its inherent complexities. By providing comprehensive sector exposure, Phuture's index products facilitate the generation of yield on the underlying assets. The platform emphasizes transparency and trustlessness, integrating seamlessly within the decentralized finance (DeFi) ecosystem to enhance accessibility for investors seeking to optimize their returns.

Lever.Network

Seed Round in 2021
Lever.Network is a trading platform that enables lending and borrowing using smart contracts.

O3Swap

Seed Round in 2021
O3Swap is a cross-chain aggregation protocol that gives consumers access to cryptocurrency-based financial services. It allows users to access multi-chain liquidity sources on one platform. The platform also provides ‘cross-chain’ swaps to conduct exchange settlements without regard to the limitations of a typical isolated Blockchain network.

Yieldly

Seed Round in 2021
Yieldly is a protocol focused on developing a dynamic suite of non-custodial smart contracts on the Algorand blockchain. The company aims to democratize access to decentralized finance (DeFi) applications, with its initial offering being a no-loss lottery. This innovative lottery allows participants, including token holders and projects, to engage in various prize pools, thereby gamifying the processes of saving and holding cryptocurrency. By creating an accessible platform for liquidity, Yieldly seeks to enhance user engagement and broaden participation in the DeFi space.

MakiSwap

Seed Round in 2021
MakiSwap is a decentralized exchange operating on the Huobi Eco Chain (Heco). It is designed to support the Ethereum Virtual Machine, allowing users to trade cryptocurrencies in a secure and efficient environment. The platform provides advanced features such as analytics, sophisticated charting, and various order types, catering to the needs of professional traders. By leveraging blockchain technology, MakiSwap aims to enhance the trading experience and improve overall transaction efficiency for its clients.

ConsenSys

Convertible Note in 2021
ConsenSys, established in 2015 by Ethereum co-founder Joseph Lubin, is a leading Ethereum software company focused on Web3. It offers a suite of products, including Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, which serve millions of users and support billions of blockchain-based queries. ConsenSys enables developers and enterprises worldwide to build next-generation applications and access the decentralized web, fostering business adoption and growth of the Ethereum ecosystem. Additionally, ConsenSys Academy, its educational arm, bridges the Ethereum knowledge gap globally for ecosystem development.

Parami

Seed Round in 2021
Parami is a developer of a cross-chain decentralized platform that aims to establish a user-centric, tokenized advertising economy through its innovative protocol stack. The company focuses on providing solutions based on decentralized identifiers (DIDs), ensuring compatibility with the W3C DID standard. Parami's technology allows for the aggregation of social media identities and blockchain identities, enabling users to manage their preferences and receive payments while retaining full ownership of their data. By expanding its offerings to include DID aggregators for various standards, Parami is positioned to enhance the management of digital identities and empower users in the evolving landscape of Web 3.0.

ChainSwap

Venture Round in 2021
ChainSwap is a cross-chain asset bridge and application hub that facilitates seamless interactions between various smart chains, including Ethereum, Binance Smart Chain, and HECO. The company specializes in enabling projects to bridge assets across different blockchains, offering a platform that integrates cross-chain swaps, trading protocols, and lending and borrowing features. Additionally, ChainSwap provides tools for handling non-fungible tokens (NFTs) across multiple chains, allowing clients to explore cross-chain alternatives for NFTs and efficiently swap their assets. Through its comprehensive suite of services, ChainSwap aims to enhance interoperability within the blockchain ecosystem.

Spherium.Finance

Seed Round in 2021
Spherium is a multi-chain incubation and grant program. They connect the two through a transparent, non-custodial, and user-friendly one-stop DEFI financial system. They access the decentralized ecosystem, such as decentralized exchanges, protocols, staking, mobile wallets, and cross-chain transfer systems such as Ethereum, Binance Smart Chain, and Avalanche.

MCDEX

Pre Seed Round in 2021
Fully permissionless protocol for decentralized perpetual swaps

Shadows Network

Seed Round in 2021
Shadows Network is a decentralized platform that facilitates the issuance, trading, lending, and borrowing of synthetic assets. By utilizing a unique algorithmic framework, the platform allows users to engage in various financial services centered around synthetic assets and derivatives. Shadows Network aims to create a comprehensive ecosystem for digital asset transactions, leveraging its protocol to enhance accessibility and efficiency in the management of these financial products.

DeFi Wizard

Seed Round in 2021
DeFi Wizard is a platform that simplifies the creation of decentralized finance (DeFi) smart contracts. It offers users an intuitive dashboard to build contracts for various functions such as ERC20/BEP20/EDST token management, staking, yield farming, governance, and cross-chain bridging with real-time analytics. The platform also includes a gasless relayer feature.

Convergence Finance

Seed Round in 2021
Convergence Finance operates as a decentralized interchangeable asset protocol focused on facilitating the exchange of tokenized real-world assets. By leveraging blockchain technology and smart contracts, the company has developed a decentralized exchange platform that employs an automated market maker model. This innovative approach aims to enhance liquidity for tokenized assets, thereby transforming trading practices for both real-world and crypto-native investments. Convergence Finance prioritizes greater transparency and inclusivity, making it easier for all investors to access and trade these assets.

Spherium.Finance

Seed Round in 2021
Spherium is a multi-chain incubation and grant program. They connect the two through a transparent, non-custodial, and user-friendly one-stop DEFI financial system. They access the decentralized ecosystem, such as decentralized exchanges, protocols, staking, mobile wallets, and cross-chain transfer systems such as Ethereum, Binance Smart Chain, and Avalanche.

Razor Network

Seed Round in 2020
Razor Network is a developer of a decentralized oracle network platform that facilitates the provision of data to smart contracts without relying on centralized systems. By automating the process of fetching external data, Razor Network eliminates centralized bottlenecks and enhances the security of its services against disputes and censorship attacks. This allows developers to efficiently build and operate a range of decentralized applications. Currently, Razor Network is operational on the Rinkeby test network, providing access to cryptocurrency price data, such as ETH/USD, with no associated querying costs.

O1Labs

Series A in 2020
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.

Horizon Finance

Seed Round in 2020
Horizon Finance is a platform dedicated to decentralized interest rate and protocol cash flow markets. It enables users to deposit their assets with either fixed or floating interest rates, providing a unique opportunity to compete for preferential payment by capping their yield. The platform offers a trading toolkit for participants in the decentralized finance ecosystem, facilitating engagement with key yield streams while rewarding users for their participation. Through its innovative approach, Horizon Finance aims to enhance user experience in managing and optimizing financial returns.

Reef Finance

Seed Round in 2020
Reef Finance LLC is a decentralized finance platform that operates on the Polkadot blockchain. Founded in 2019 by CEO Denko Mancheski, the company is headquartered in Wilmington, Delaware. Reef Finance specializes in providing a liquidity aggregator and yield engine, facilitating trading by connecting users to liquidity from both centralized and decentralized exchanges. Its services include smart lending, borrowing, staking, and mining, all enhanced by an AI-driven personalized yield engine. As a pioneer in the Polkadot ecosystem, Reef Finance was notably the first project launched on Binance Launchpool, solidifying its position in the DeFi landscape.

Bifrost Global

Seed Round in 2020
Bifrost Global, based in Hong Kong, specializes in blockchain services with a focus on providing decentralized cross-chain liquidity for staked assets. The company has developed a parachain that facilitates staking liquidity and allows for the creation of standardized cross-chain interest-bearing derivatives. This network supports Polkadot relay chains, parachains, and other heterogeneous chains connected with Polkadot. Bifrost Global emphasizes transparency, democratic governance, and the ability for users to earn rewards through staking while also providing liquidity for token swaps.

Frontier

Seed Round in 2020
Frontier is a company that operates a decentralized finance aggregation platform, which aims to streamline and enhance users' interaction with various decentralized finance (DeFi) services. It provides essential tools for managing digital assets across multiple blockchain platforms, allowing users to engage in activities such as protocol tracking, staking, best-rate asset swapping, liquidity provision, and collateralized debt position (CDP) creation and monitoring. Additionally, Frontier offers a web wallet that focuses on security services for managing NFT collections, cryptocurrencies, and DeFi assets. By integrating these functionalities, Frontier seeks to simplify the DeFi experience for users, enabling them to navigate the complex landscape of digital finance more efficiently.

KiraCore

Private Equity Round in 2020
KIRA is a financial hub connecting decentralized Web3 applications. As an integral part of the Web3 stack KIRA enables value settlement between dApps and largest interconnected networks in the cryptocurrency ecosystem. Thanks to uncapped value at stake originating from both real world and interchain space KIRA provides secure Layer 1 platform for deploying decentralized applications and issuing digital assets.

Hedget

Seed Round in 2020
Hedget is a decentralized finance ecosystem based in Sweden that specializes in options trading within the cryptocurrency sector. The company provides a platform that allows users to buy and sell derivatives, facilitating decentralized options trading to help investors mitigate risks associated with price volatility in the cryptocurrency market. By utilizing an Ethereum-based ERC-20 token, Hedget enables users to create and trade various options products, offering essential financial tools for those looking to secure their positions against unexpected market fluctuations.

Ava Labs

Initial Coin Offering in 2020
Ava Labs is focused on simplifying the launch of financial applications through blockchain technology. The company offers a smart contracts platform that allows users to create customizable public and private blockchains, facilitating the development of various digital assets. Its innovative probabilistic consensus protocol enhances transaction speed while minimizing costs associated with capital deployment. This approach aims to redefine value creation within the Web3 ecosystem, promoting a more accessible and democratic internet of finance. By providing tools that streamline the creation, trading, and discovery of diverse asset types, Ava Labs empowers individuals and organizations to leverage blockchain for their financial needs.

Dapix

Series A in 2019
Dapix Inc., established in 2018 and based in Westminster, Colorado, specializes in designing and developing decentralized public blockchain technology. The company's core product is the FIO Protocol, an inter-wallet operability protocol that enhances usability within the blockchain ecosystem. This protocol enables seamless cross-chain transactions, utilizing a single memorable wallet name compatible with any wallet or exchange. Dapix aims to facilitate easier token and coin movement while integrating cross-chain counterparty metadata. Founded by experienced tech professionals and backed by prominent venture capital firms and angel investors, Dapix seeks to revolutionize blockchain usability.

CoinFLEX

Venture Round in 2019
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.

CERE Network

Seed Round in 2019
CERE Network is a blockchain-based company that specializes in developing a customer relationship management (CRM) ecosystem designed for data integration and collaboration. Founded in 2019 and headquartered in San Francisco, California, CERE Network offers a platform that extracts customer data from various monolithic and disparate CRM and customer data platform systems. This platform provides an open micro-services environment that facilitates data collaboration and integration between businesses and vendors. Additionally, CERE Network utilizes blockchain technology to capture the entire customer journey, securely storing key user data such as purchases and achievements in user wallets. The company also introduces its own tokens, which are used for payment within its ecosystem.

Helis Network

Seed Round in 2019
Helis Network is a software solutions company focused on enhancing accessibility to decentralized finance. Founded in 2018 and headquartered in Kingsford, Australia, the company develops innovative products designed to simplify the use of blockchain technology for businesses. Among its offerings are Payroll, which automates payments to employees, freelancers, and investors, and the Payment Protocol, which facilitates custom payment solutions through smart contracts. Originally established as 8X Protocol PTY LTD, the company rebranded to Helis Network in May 2019 to better reflect its mission of creating practical tools for the next generation of businesses.

CERE Network

Corporate Round in 2019
CERE Network is a blockchain-based company that specializes in developing a customer relationship management (CRM) ecosystem designed for data integration and collaboration. Founded in 2019 and headquartered in San Francisco, California, CERE Network offers a platform that extracts customer data from various monolithic and disparate CRM and customer data platform systems. This platform provides an open micro-services environment that facilitates data collaboration and integration between businesses and vendors. Additionally, CERE Network utilizes blockchain technology to capture the entire customer journey, securely storing key user data such as purchases and achievements in user wallets. The company also introduces its own tokens, which are used for payment within its ecosystem.

TabTrader

Pre Seed Round in 2019
TabTrader is a mobile application designed for cryptocurrency trading, enabling users to connect with multiple exchanges for seamless trading experiences. The app supports a wide range of both centralized and decentralized exchanges, allowing users to manage and move their assets efficiently within a single platform. Available on both Android and iOS, TabTrader aims to make decentralized finance accessible through mobile technology, catering to the needs of a global audience of investors. The platform empowers users to execute trades and monitor their portfolios conveniently from their smartphones.

TEEX

Angel Round in 2019
TEEX is a developer of a secure distributed computing platform that utilizes a Layer-2 solution based on blockchain technology. The company aims to establish a trust data ecosystem by creating a comprehensive incentive model for computing resource sharing. This platform facilitates a decentralized and flexible computing market, catering to users, workers, and service providers alike. Through its innovative approach, TEEX addresses the need for a usable computing market that promotes collaboration and efficiency among various stakeholders in the technology sector.

ExChain

Funding Round in 2019
ExChain is a decentralized smart identity network.

Algorand Technologies

Venture Round in 2018
Algorand Technologies, established in 2017 and headquartered in Boston, Massachusetts, specializes in blockchain technology. It operates a decentralized digital currency and transactions platform, offering features such as Algorand Standard Asset, Atomic Transfers, and Algorand Smart Contracts at the Layer-1 level. The company is renowned for its innovative approach to blockchain scalability, enabling rapid and efficient user consensus, even for small transactions, regardless of transaction volume or user base. This results in low-cost, near-instant blockchain transactions. Additionally, Algorand Technologies develops and maintains decentralized finance (DeFi) applications and digital identity solutions.

SKALE Labs

Venture Round in 2018
SKALE Labs, Inc. is a blockchain scalability platform founded in 2015 and headquartered in Atherton, California. The company develops a decentralized, open-source network designed to enhance the performance of blockchains and decentralized applications (dApps). It provides a middleware layer that enables high-speed consensus, allowing dApps to execute smart contracts at a rate of millions per second across various blockchain platforms such as Ethereum and EOS. The SKALE Network operates as a fully decentralized peer-to-peer system, supported by SKALE Mining nodes and utilizing a utility token that is staked by dApps. This innovative protocol addresses the scalability challenges faced by blockchain technologies, facilitating optimized interactions between dApps and blockchains.

Contentos (COS)

Corporate Round in 2018
Contentos Foundation, established in 2018 and headquartered in Shanghai, China, develops a decentralized global digital content ecosystem. The company's public blockchain project addresses key challenges in the digital content industry, including content distribution, monetization, authentication, and copyright management. Contentos' platform enables creators to earn from their content by fostering collaboration with advertisers, fans, and other creators, while also rewarding positive community contributions.

Barrel Protocol

Seed Round in 2018
Barrel Protocol is a Tel Aviv-based company founded in 2017 that specializes in automating and processing consumer data using blockchain technology. By employing an automated smart contract process, the company effectively anonymizes user data, which benefits data sellers by increasing their revenue and reduces costs for data buyers. Additionally, Barrel Protocol alleviates the workload for developers and enhances transparency for regulatory bodies. The company aims to establish a consensus-driven standard for data management, thereby enabling businesses to lower compliance and acquisition expenses while adhering to industry regulations.

MoonX

Venture Round in 2018
MoonX is a Switzerland-based company that operates a decentralized platform for trading cryptocurrency assets. It has developed what is described as the world's fastest exchange technology, aiming to redefine the traditional global trading and payments industry. The platform facilitates cryptocurrency payments integration and provides features such as digital arbitration, along with options for futures and margin trading. MoonX's mission focuses on delivering speed, scalability, security, and innovative solutions for payments, trading, settlements, and banking. The company actively invests in research and development in various sectors including medical, agriculture, and real estate, enhancing its technological advancements. With services available in over 80 countries, including Germany, Austria, the UK, and China, MoonX is positioned to innovate and shape the future of digital finance.

Origo

Series A in 2018
Origo Network is a developer of a decentralized platform focused on preserving data privacy for various applications. By utilizing zero-knowledge proofs, the platform ensures that transaction details and smart contract inputs and outputs remain confidential, addressing concerns about sensitive information in the blockchain space. This capability allows users to create and execute smart contracts without exposing private data to the public. Origo serves multiple sectors, including finance, insurance, supply chain, personal data management, and artificial intelligence, fostering broader adoption of blockchain technology among businesses and individuals wary of data security. The platform is designed to be accessible for developers, as it provides a compiler that generates cryptographic protocols without requiring specialized knowledge in cryptography. Based in the United States, Origo Network aims to establish a new standard for privacy, security, and fairness in decentralized applications.

Oasis Labs

Seed Round in 2018
Oasis Labs, Inc. is a blockchain technology company founded in 2018 and headquartered in San Francisco, California. It operates a privacy-first cloud computing platform designed for scalable and privacy-preserving smart contracts. The platform enables the development of decentralized applications that prioritize privacy and performance, addressing challenges related to data security and scalability in real-world applications. Oasis Labs offers a suite of tools, including privacy tools, development SDKs, and dashboards, that facilitate the creation and management of smart contracts while ensuring secure data handling across businesses. The company's innovative approach aims to enhance blockchain adoption by overcoming traditional limitations associated with performance and privacy.

IHT

Seed Round in 2018
IHT operates a global blockchain real estate cloud platform that integrates real estate markets with blockchain technology. This platform allows for the division and distribution of real estate assets, enabling financial institutions to invest smaller amounts of capital while still participating in the real estate market. Users can buy, sell, and earn rental profits from these assets through a smart contract system. Additionally, the platform provides a means for users to view and lease real estate assets uploaded by others, fostering broader access to real estate investment opportunities. By connecting developers, financial institutions, and users, IHT aims to contribute to the emergence of a digital credit society and support economic development.

IoTeX

Seed Round in 2018
IoTeX is a company based in Menlo Park, California, founded in 2017, that develops a scalable and privacy-focused blockchain platform tailored for the Internet of Things (IoT). The company's infrastructure connects smart devices and real-world data to blockchains, enabling developers to integrate Web3 technologies into everyday applications. These include connected smart vehicles, city mapping, green energy initiatives, fitness platforms, environmental data tracking, and proof-of-presence applications. IoTeX offers tools such as GitHub for collaborative software development, an explorer for visualizing key metrics related to its testnet, and a wallet for currency transactions. With a global team of over 60 research scientists and engineers, IoTeX provides a Decentralized Physical Infrastructure Network (DePIN) technology that ensures trust and privacy in interactions between machines, humans, businesses, and decentralized applications (dApps).

Agoric

Agoric is a developer of a framework designed to enhance the programming of smart contracts, aiming to support the entire blockchain ecosystem. The company focuses on enabling the creation and deployment of smart contracts using JavaScript, providing tools that are accessible and secure for millions of developers worldwide. Agoric emphasizes composability, which facilitates rapid development and offers a competitive advantage in the blockchain space. Its framework allows users to execute transactions securely, establish new markets, and develop innovative exchange patterns without relying on centralized control. The Agoric team comprises experienced technologists, economists, and business leaders who have collaborated on smart contracts technology for over three decades, with the shared goal of advancing smart contract capabilities and fostering global cooperation through digital assets.
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