Paradigm is a research-driven investment firm based in San Francisco, specializing in the cryptocurrency sector. Founded in 2018 by Matt Huang and Fred Ehrsam, the company aims to support innovative companies and protocols from their inception, often at the idea stage. Paradigm emphasizes a builder mentality, with many of its team members having experience in developing tools and protocols that play a significant role in the crypto ecosystem. The firm is committed to advancing the frontier of cryptocurrency through both investment and the creation of open-source software. Research is central to Paradigm's approach, as the firm believes that deep understanding fosters innovation and progress. Rather than solely providing financial support, Paradigm actively engages in collaboration, whether it be through producing research papers or offering product and business strategy guidance.
Phantom is a digital wallet designed for decentralized finance (DeFi) and non-fungible tokens (NFTs), offering a user-friendly platform for managing crypto assets across multiple blockchain networks, with a primary focus on Solana. The wallet provides a secure and transparent environment for users to store, buy, send, receive, swap tokens, and collect NFTs. Accessible via mobile devices and browser extensions, Phantom caters to a diverse audience engaged in digital finance, ensuring versatility and ease of use in the rapidly evolving cryptocurrency landscape.
Noble XYZ
Series A in 2024
Noble XYZ is an asset issuance appchain that seeks to communicate and exchange assets directly with each other by using blockchain communication.
Ellipsis Labs
Venture Round in 2024
Ellipsis Labs is building Phoenix, a decentralized limit order book on Solana that is fully on-chain, non-custodial, and crankless.
Sorella Labs
Seed Round in 2024
Sorella Labs is developing a solution to solve Ethereum's maximum extractable value (MEV) problems and focuses on mitigating MEV through pattern.
MetaDAO
Initial Coin Offering in 2024
MetaDAO focus on decisions and operations are influenced by market mechanisms and the active participation of stakeholders, rather than relying solely on traditional governance structures like hierarchies or representative democracy.
Conduit
Series A in 2024
Conduit is a platform for crypto native infrastructure. Conduit is collaborating with the top crypto engineering teams to create a world-class crypto native infrastructure platform.
Monad
Series A in 2024
MONAD is a proof-of-stake (PoS) blockchain and decentralized computation platform that combines the best of performance and portability.
Ellipsis Labs
Series A in 2024
Ellipsis Labs is building Phoenix, a decentralized limit order book on Solana that is fully on-chain, non-custodial, and crankless.
Succinct
Series A in 2024
Succinct builds zero-knowledge infrastructure for developers.
Axiom
Series A in 2024
Axiom enables smart contracts to securely compute over Ethereum's whole history, including transactions and receipts. Developers can send on-chain queries to Axiom, which are automatically completed with ZK-verified responses delivered back to the developer's smart contract.
Shadow
Seed Round in 2023
Shadow operates as a crypto data platform.
Blast
Venture Round in 2023
Blast is an Optimistic Rollup-based Layer 2 network.
Dzone Finance
Series A in 2023
Dzone Finance is a cross-chain Dex and Bridge aggregator.
EDX Markets
Series A in 2023
EDX Markets operates as a digital asset marketplace. It caters to the needs of both crypto-native firms and large financial institutions. The company trades in various cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. EDX Markets combines innovative technology with financial services to enable safe and compliant trading of digital assets. It also provides trading resources and a UAT Environment for its users. The company is also known for its focus on hiring crypto talent, as stated by its CEO, Jamil Nazarali.
Utopia
Series A in 2023
Utopia Labs specializes in creating an operating system tailored for decentralized autonomous organizations (DAOs) to streamline payment requests, payroll, and reporting processes. The platform enables users to manage invoices and expenses for contributors through a single link, facilitating the automation of recurring salaries for core team members. Additionally, Utopia Labs provides a payment application that allows for free, instant, and global transactions, simplifying the management of contributor payments and expenses. With features that organize transactions through tagging, the system enhances transparency in financial reporting for DAOs.
Conduit
Seed Round in 2023
Conduit is a platform for crypto native infrastructure. Conduit is collaborating with the top crypto engineering teams to create a world-class crypto native infrastructure platform.
Uniswap
Series B in 2022
Uniswap Labs is a software company founded in 2018 by Hayden Adams, who created the Uniswap Protocol, a decentralized platform for swapping digital assets. The protocol has facilitated $2.75 trillion in transaction volume since its inception. Uniswap Labs focuses on developing widely used decentralized finance (DeFi) products, including a user-friendly web interface, a self-custody mobile wallet, and an API tailored for professional market participants. The platform empowers liquidity providers and traders by offering a financial marketplace that is open and accessible to all. Utilizing smart contracts, it enables secure and decentralized on-chain conversions of assets, allowing users to trade tokens directly without intermediaries while defining asset prices based on the liquidity staked in the system.
Exponential DeFi
Seed Round in 2022
Exponential DeFi platform makes it easy to discover, assess, and invest in DeFi yield opportunities. Anyone can become a lender or market maker with DeFi. Financial freedom is within everyone's reach when individuals have the ability to grow their wealth exponentially. Its platform helps investors assess the risk of DeFi yield opportunities so they can invest with confidence. Exponential DeFi platform was founded in 2021 and is based in San Francisco, California.
Tessera
Series A in 2022
Tessera's mission is to curate the most extraordinary collective ownership experiences produced by the greatest creators, builders, and leaders. Tessera's vision is a world where anyone can have the opportunity to collectively own and govern things they value, without reliance on central gatekeepers to execute decisions and actions on their behalf.
SignalPlus
Seed Round in 2022
SignalPlus is an enterprise technology company dedicated to enhancing accessibility in trading options for digital and crypto assets. It offers a fully automated trading system that addresses the infrastructure gap between centralized finance (CeFi) and decentralized finance (DeFi) platforms. Utilizing an AI-powered trading robot, SignalPlus automates market making and risk hedging, enabling traders to manage their risks effectively. The platform features a comprehensive cryptocurrency trading dashboard, which includes a variety of pricing, analytics, and execution algorithms, as well as multi-vendor and direct market access. This setup supports high-touch trading strategies while ensuring there is no cost commitment for users.
Dework
Seed Round in 2022
A web3-native Trello with token payments, credentialing, bounties and more
Jambo
Series A in 2022
Jambo is a company focused on creating an extensive on-chain mobile network, centered around its flagship product, the JamboPhone, a powerful mobile device designed for the crypto-native market. With a foundation of over 800,000 mobile nodes spanning more than 120 countries, Jambo aims to accelerate decentralization and enhance network effects for various applications, such as validators and peer-to-peer networking. The JamboApp serves as a gateway for millions of users to engage with the on-chain economy, offering innovative earning opportunities, a decentralized application (dApp) store, and a multi-chain wallet. By integrating blockchain technology into its products, Jambo empowers users to participate in gaming, cryptocurrency trading, and decentralized finance, particularly benefiting individuals in emerging markets. Central to Jambo's ecosystem is the Jambo Token, which facilitates rewards, discounts, and other incentives, positioning the company as a key player in the evolving landscape of blockchain technology.
LootRush
Seed Round in 2022
LootRush is a Web3 Videogame Platform.
Sky Mavis
Series C in 2022
Sky Mavis is a technology company focused on developing decentralized applications and services, particularly in the realms of blockchain and video games. The company operates as a blockchain studio that designs games and practical applications, creating virtual worlds where players have ownership of their in-game assets. By facilitating player-owned economies and marketplaces for trading digital collectibles, Sky Mavis empowers gamers to achieve economic freedom through the buying and selling of these assets.
Blur
Seed Round in 2022
Blur aims to solve these problems and move the NFT space toward becoming institutional-grade while increasing decentralization.
Optimism
Series B in 2022
Optimism is a New York-based decentralized infrastructure platform founded in 2019, focused on enhancing the scalability of Ethereum through its layer 2 solutions. As a public benefit corporation, it aims to balance the financial interests of its stakeholders with the broader needs of the community and society. The platform enables developers to create scalable smart contracts and facilitates instant transactions, thereby improving access to public goods on the internet. By utilizing open-source software and zero-knowledge proofs, Optimism ensures the integrity of state updates while promoting responsible and sustainable operations in the blockchain ecosystem.
Gauntlet
Series B in 2022
Gauntlet is a developer of a financial modeling and simulation platform aimed at enhancing the safety and efficiency of blockchain protocols and smart contracts. The company's platform utilizes agent-based simulation to analyze and optimize key parameters of various protocols, which helps improve capital efficiency, fees, risk management, and incentive structures. By modeling market risk and economic incentives, Gauntlet enables clients to maximize their returns while minimizing potential risks. Its applied research and optimization teams focus on driving sustainable growth for leading crypto protocols, chains, and on-chain treasuries, ultimately enhancing financial performance for businesses in the blockchain ecosystem.
FTX
Series C in 2022
FTX Exchange is a cryptocurrency exchange that offers a platform designed for both professional trading firms and novice users. It provides a range of products, including quarterly and perpetual futures for various cryptocurrencies, leveraged tokens, and over-the-counter trading. The exchange was initially developed by Alameda Research, a leading provider of cryptocurrency liquidity, which contributed to its robust market presence from the outset. Additionally, FTX Ventures served as the corporate venture capital arm of FTX, investing in various sectors such as healthcare, information technology, and gaming. Founded in 2022, FTX Ventures aimed to support innovative startups without imposing restrictions on their decision-making processes. However, the company declared bankruptcy in November 2022, marking a significant downturn in its operations.
Phantom
Series B in 2022
Phantom is a digital wallet designed for decentralized finance (DeFi) and non-fungible tokens (NFTs), offering a user-friendly platform for managing crypto assets across multiple blockchain networks, with a primary focus on Solana. The wallet provides a secure and transparent environment for users to store, buy, send, receive, swap tokens, and collect NFTs. Accessible via mobile devices and browser extensions, Phantom caters to a diverse audience engaged in digital finance, ensuring versatility and ease of use in the rapidly evolving cryptocurrency landscape.
Rain
Series B in 2022
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.
MoonPay
Series A in 2021
MoonPay is a financial technology company that offers a payment platform designed to facilitate the conversion between fiat currencies and cryptocurrencies. It enables users to purchase cryptocurrencies and non-fungible tokens (NFTs) through various payment methods, including credit and debit cards, local bank transfers, Apple Pay, and Google Pay. Operating on a non-custodial model, MoonPay does not hold customer funds, allowing users to maintain greater control over their digital assets. The platform serves as a marketplace connecting users with cryptocurrency exchange platforms, ensuring a smooth and efficient transaction experience.
BetDEX
Seed Round in 2021
BetDEX is the decentralized sports betting protocol. BetDEX delivers high speeds and low transaction costs while eliminating counterparty risk. BetDEX is a permissionless protocol allowing anyone to build their own applications on top.
Osmosis Foundation
Initial Coin Offering in 2021
Osmosis is a decentralized peer-to-peer blockchain that people can use to create liquidity and trade IBC enabled tokens. The Osmosis blockchain is made up of free, public, and open-source software. - Osmosis is a first-of-its-kind automated market maker (AMM) that marks a foundational shift in how liquidity providers can benefit from Interchain DeFi.
Sky Mavis
Series B in 2021
Sky Mavis is a technology company focused on developing decentralized applications and services, particularly in the realms of blockchain and video games. The company operates as a blockchain studio that designs games and practical applications, creating virtual worlds where players have ownership of their in-game assets. By facilitating player-owned economies and marketplaces for trading digital collectibles, Sky Mavis empowers gamers to achieve economic freedom through the buying and selling of these assets.
GDA
Private Equity Round in 2021
GDA is one of the world's largest bitcoin mining companies in terms of hash rate. The GDA founders have over ten years of experience in the bitcoin mining industry and the company currently operates 19 industrial-scale data centers across North America, Europe, and Central Asia. With a total power capacity of over 400 MW, the company has brought over 120,000 miners online. GDA was included in the Fortune Crypto 40 list as the only bitcoin miner.
TaxBit
Series B in 2021
TaxBit is a software company that specializes in cryptocurrency tax and accounting solutions. Its platform automates the calculation and reporting of taxes on cryptocurrency transactions by allowing users to connect their exchanges and wallets, which enables seamless data integration. This functionality helps users generate necessary tax forms automatically. In addition to tax automation, TaxBit offers features for real-time portfolio tracking and tax optimization, allowing users to make informed, tax-efficient trading decisions throughout the year. The company serves both individual crypto enthusiasts and enterprises, providing a comprehensive approach to managing digital asset accounting and compliance.
Tessera
Seed Round in 2021
Tessera's mission is to curate the most extraordinary collective ownership experiences produced by the greatest creators, builders, and leaders. Tessera's vision is a world where anyone can have the opportunity to collectively own and govern things they value, without reliance on central gatekeepers to execute decisions and actions on their behalf.
dYdX
Series C in 2021
dYdX is a decentralized exchange that provides traders with a secure and efficient platform for various financial activities. Established in 2017 by Antonio Juliano, a former engineer at Coinbase and Uber, dYdX operates on audited smart contracts on Ethereum, ensuring transparency and security without relying on a central authority. The platform offers a range of trading options, including perpetual, margin, and spot trading, along with borrowing and lending pools. Users can earn interest on deposits or take loans at nominal fees, enabling them to trade on margin with customized leverage. dYdX aims to create an open financial system, granting users access to vital financial tools while facilitating fully collateralized loans for short-selling.
Showtime
Seed Round in 2021
Showtime is a non-fungible token (NFT) social network where people can discover and share NFT art. Showtime aims to provide the crypto community with a social media interface.
Bitso
Series C in 2021
Bitso is a cryptocurrency exchange platform founded in 2014 and headquartered in Mexico City. It enables users to buy and sell various cryptocurrencies, including bitcoin and ether, through a user-friendly marketplace. The platform allows customers to trade fractions of cryptocurrencies and make payments using their mobile devices, facilitating seamless transactions in the growing fintech and blockchain sectors. Bitso's focus on accessibility and ease of use positions it as a significant player in the cryptocurrency landscape in Latin America.
Lido
Initial Coin Offering in 2021
Lido is a developer of an open-source liquid staking platform that enhances the Ethereum network's block validation capabilities. The platform addresses challenges related to initial cryptocurrency staking by allowing users to stake their assets and receive synthetic native tokens of equivalent value. These tokens can be utilized across various decentralized finance applications, enabling users to earn yield while maintaining liquidity. Lido's middleware operates on the Ethereum blockchain, ensuring perpetual access through multiple interfaces and channels.
Gitcoin
Venture Round in 2021
Gitcoin is a platform designed to help open source developers monetize their work by facilitating payments when their contributions are utilized. Established in 2017 and based in Boulder, Colorado, Gitcoin leverages the Ethereum network and smart contracts to align the interests of various stakeholders within the ecosystem. This innovative approach allows for direct programming of rights, incentivizing participants to deliver value while minimizing reliance on traditional legal mechanisms. The platform supports a range of programming languages, including Python, Rust, Ruby, JavaScript, and Solidity, fostering collaboration among developers and project maintainers. Gitcoin embodies the #givefirst philosophy of the Boulder tech community, which emphasizes mutual support and collaboration, thereby strengthening both the community and the open source projects it nurtures. Through its services, Gitcoin aims to enhance the sustainability and growth of open source software development.
Chainalysis
Series D in 2021
Chainalysis Inc. is a blockchain analysis company that specializes in developing anti-money laundering software for cryptocurrency businesses. Founded in 2014 and headquartered in New York, with additional offices in Copenhagen, Tokyo, and Singapore, the company offers a range of products to enhance compliance and security in the cryptocurrency sector. Its primary tools include REACTOR, an interactive investigation tool that helps identify offenders and visualize data, and an API that provides transaction-based risk scoring by tracking the source and destination of funds. Chainalysis also provides activity monitoring reports and due diligence tools that assist financial institutions in assessing risks, estimating potential criminal revenues, and identifying emerging threats. The company serves a diverse clientele, including government agencies, banks, exchanges, insurance firms, and various cryptocurrency businesses, facilitating safer interactions within the decentralized finance landscape.
StarkWare Industries
Series B in 2021
StarkWare Industries Ltd is a technology company based in Netanya, Israel, established in 2017. The company specializes in developing software and hardware solutions focused on the generation and verification of computational integrity proofs. Its primary offering, known as STARK, is a zero-knowledge proof protocol that enhances privacy in blockchain applications, increases transaction throughput, and enables off-chain computation. StarkWare Industries aims to create a comprehensive proof stack to facilitate secure and efficient computational processes across various applications.
Zora
Seed Round in 2021
Zora is a crypto-driven marketplace that specializes in the buying, selling, and trading of limited-edition non-fungible tokens (NFTs). The company has developed an on-chain social network and protocol that leverages blockchain technology to enhance the secondary market value of digital files, including photos, videos, audio, and music. Zora's platform offers a range of features, such as drop alerts and notifications, which provide artists and businesses with accessible tools to create and sell NFT collections efficiently. This focus on usability and market engagement positions Zora as a key player in the evolving landscape of digital assets.
Fireblocks
Series C in 2021
Fireblocks Inc. is a blockchain-based security service platform that provides a secure solution for managing digital asset operations. Founded in 2018 and headquartered in New York, with an additional location in Tel Aviv, Fireblocks specializes in protecting the transmission of digital assets between exchanges, wallets, and counterparties. The platform is designed for financial institutions, including banks, fintech companies, exchanges, liquidity providers, over-the-counter brokers, and hedge funds, allowing them to securely manage their digital assets. Fireblocks employs advanced technologies such as patent-pending chip isolation security and multi-party computation (MPC) to ensure the safe transfer and availability of assets across various environments.
BlockFi
Series D in 2021
BlockFi, Inc. is a New York-based financial services company that specializes in providing wealth management products for cryptocurrency investors. Founded in 2017, it offers interest-bearing accounts that allow clients to earn yields on their Bitcoin, Ether, and Gemini Dollar holdings. The company also facilitates secured loans in USD, where clients can collateralize their loans with cryptocurrency assets. Additionally, BlockFi provides a trading platform for exchanging various cryptocurrency pairs and customizable lending options for institutions. By leveraging a sophisticated infrastructure that integrates with multiple blockchains, BlockFi aims to enhance liquidity and efficiency in digital financial markets, catering to the needs of both individual and institutional clients.
TaxBit
Series A in 2021
TaxBit is a software company that specializes in cryptocurrency tax and accounting solutions. Its platform automates the calculation and reporting of taxes on cryptocurrency transactions by allowing users to connect their exchanges and wallets, which enables seamless data integration. This functionality helps users generate necessary tax forms automatically. In addition to tax automation, TaxBit offers features for real-time portfolio tracking and tax optimization, allowing users to make informed, tax-efficient trading decisions throughout the year. The company serves both individual crypto enthusiasts and enterprises, providing a comprehensive approach to managing digital asset accounting and compliance.
Fireblocks
Series B in 2020
Fireblocks Inc. is a blockchain-based security service platform that provides a secure solution for managing digital asset operations. Founded in 2018 and headquartered in New York, with an additional location in Tel Aviv, Fireblocks specializes in protecting the transmission of digital assets between exchanges, wallets, and counterparties. The platform is designed for financial institutions, including banks, fintech companies, exchanges, liquidity providers, over-the-counter brokers, and hedge funds, allowing them to securely manage their digital assets. Fireblocks employs advanced technologies such as patent-pending chip isolation security and multi-party computation (MPC) to ensure the safe transfer and availability of assets across various environments.
Synthetix
Seed Round in 2020
Synthetix is a decentralized protocol based on the Ethereum blockchain that facilitates the issuance of synthetic assets for derivatives trading in decentralized finance (DeFi). Founded in 2017 by Kain Warwick in Sydney, Australia, Synthetix enables users to create and trade synthetic assets that provide exposure to various real-world assets, including currencies, commodities, stocks, and indices. The platform supports a range of financial products such as perpetual futures and options markets, allowing for peer-to-contract trading with infinite liquidity. Synthetix operates through a distributed collateral pool, ensuring users can access synthetic versions of both fiat and cryptocurrencies while maintaining an overview of the entire network.
Sia
Seed Round in 2020
Sia is the leading decentralized cloud storage platform. No signups, no servers, no trusted third parties. Sia leverages blockchain technology to create a data storage marketplace that is more robust and more affordable than traditional cloud storage providers.
Nebulous
Seed Round in 2020
Nebulous, Inc. is a Boston-based company founded in 2014 that specializes in developing blockchain hardware and software infrastructure for the decentralized internet. The company is known for its flagship product, Sia, a decentralized cloud storage platform that utilizes blockchain technology to create a marketplace for data storage. Additionally, Nebulous offers Skynet, a decentralized content delivery network (CDN) and file-sharing platform aimed at developers, along with SiaStream, which provides affordable storage solutions for media files to enable fast streaming. As a core contributor and maintainer of the open-source Skynet project, Nebulous plays a significant role in advancing the decentralized web ecosystem.
Uniswap
Series A in 2020
Uniswap Labs is a software company founded in 2018 by Hayden Adams, who created the Uniswap Protocol, a decentralized platform for swapping digital assets. The protocol has facilitated $2.75 trillion in transaction volume since its inception. Uniswap Labs focuses on developing widely used decentralized finance (DeFi) products, including a user-friendly web interface, a self-custody mobile wallet, and an API tailored for professional market participants. The platform empowers liquidity providers and traders by offering a financial marketplace that is open and accessible to all. Utilizing smart contracts, it enables secure and decentralized on-chain conversions of assets, allowing users to trade tokens directly without intermediaries while defining asset prices based on the liquidity staked in the system.
Yield Protocol
Seed Round in 2020
Yield is building a decentralized lending protocol to bring fixed-term, fixed-rate lending to decentralized finance. Yield was founded by Allan Niemerg in 2020 and is based in Chicago, Illinois.
Keep
Initial Coin Offering in 2020
Keep Network is a blockchain technology company that focuses on enabling the use of private data on public protocols. Founded in 2017 and headquartered in George Town, Midland, it develops solutions that allow contracts to leverage private information while interacting with public blockchains. One of its key offerings is tBTC, a decentralized bridge that connects Bitcoin to the Ethereum network, allowing users to securely and anonymously transfer Bitcoin for participation in decentralized finance (DeFi) activities. The company's technology incorporates a privacy layer for Ethereum, utilizing secure multiparty computation to store data across multiple locations, enabling decentralized signing and the creation of cryptocurrency wallets. This innovation ensures that users can store files privately with blockchain storage encryption while engaging with the broader blockchain ecosystem.
Keep
Venture Round in 2020
Keep Network is a blockchain technology company that focuses on enabling the use of private data on public protocols. Founded in 2017 and headquartered in George Town, Midland, it develops solutions that allow contracts to leverage private information while interacting with public blockchains. One of its key offerings is tBTC, a decentralized bridge that connects Bitcoin to the Ethereum network, allowing users to securely and anonymously transfer Bitcoin for participation in decentralized finance (DeFi) activities. The company's technology incorporates a privacy layer for Ethereum, utilizing secure multiparty computation to store data across multiple locations, enabling decentralized signing and the creation of cryptocurrency wallets. This innovation ensures that users can store files privately with blockchain storage encryption while engaging with the broader blockchain ecosystem.
Amber Group
Series A in 2020
Amber Group is a cryptocurrency financial services provider based in Hong Kong, established in 2017 by finance professionals from leading institutions. The company offers a range of services including liquidity provision, trading, asset management, yield enhancement, collateralized lending, decentralized finance, and electronic market making. Operating globally, Amber Group serves over 200 institutional clients and has facilitated cumulative trading exceeding $200 billion across numerous electronic exchanges, with an average daily trading volume of $100-200 million. The company is dedicated to enhancing client experiences by leveraging advanced technology and quantitative research, aiming to optimize investment flexibility and maximize returns. Amber Group has also raised significant capital to support its growth and innovation in the cryptocurrency space.
Optimism
Seed Round in 2020
Optimism is a New York-based decentralized infrastructure platform founded in 2019, focused on enhancing the scalability of Ethereum through its layer 2 solutions. As a public benefit corporation, it aims to balance the financial interests of its stakeholders with the broader needs of the community and society. The platform enables developers to create scalable smart contracts and facilitates instant transactions, thereby improving access to public goods on the internet. By utilizing open-source software and zero-knowledge proofs, Optimism ensures the integrity of state updates while promoting responsible and sustainable operations in the blockchain ecosystem.
MakerDAO
Venture Round in 2019
Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token — the Dai — against the IMF’s international currency basket SDR. Founded in 2014, the company is headquartered in Santa Cruz, California.
Matrixport
Venture Round in 2019
Matrixport is a comprehensive financial services platform focused on digital assets, allowing users to invest, trade, and leverage cryptocurrencies. It offers a blockchain-based platform that facilitates trading, custody, lending, and asset management of crypto assets. By providing these services, Matrixport enables users and clients to effectively manage their finances and capital in the evolving digital currency landscape.
Compound
Series A in 2019
Compound is an open-source interest rate protocol designed to facilitate decentralized finance applications for developers. Founded in 2017 and headquartered in San Francisco, it operates on the Ethereum blockchain and has garnered a large user base along with numerous integrating applications. The platform utilizes a series of smart contracts that algorithmically adjust interest rates based on the supply and demand of various assets, ensuring users have access to liquid, transparent, and predictable rates. By creating a robust money market system, Compound seeks to enhance the functionality and accessibility of financial services in the decentralized space.
Mina
Seed Round in 2019
Mina is building a privacy-preserving gateway between the real world and crypto — and the infrastructure for the secure, democratic future we all deserve.
O1Labs
Series A in 2019
O1Labs, founded in 2017, is a blockchain technology company specializing in zero-knowledge cryptography and innovative cryptographic solutions. The company is recognized for its development of the Mina Protocol, which is the first lightweight, scalable, and decentralized blockchain utilizing zero-knowledge proofs. Additionally, O1Labs created o1js, an intuitive framework aimed at simplifying the development of applications using zero-knowledge technology. By enhancing blockchain accessibility, O1Labs provides developers with the tools needed to create user-friendly cryptocurrency applications that operate seamlessly in web browsers. The company's mission is to foster a new generation of applications driven by zero-knowledge cryptography.
Ignite
Series A in 2019
Ignite is a blockchain company founded in 2014 by Ethan Buchman in Berkeley, California. It specializes in developing tools and protocols that simplify blockchain application development. One of its key offerings is Ignite CLI, an open-source rapid prototyping tool that allows developers to create new blockchains swiftly, reducing the time required to launch a local testnet from hours to just minutes. The tool features intelligent scaffolding, which not only accelerates the development process but also lowers the entry barriers for new developers in the blockchain space. Additionally, Ignite focuses on creating a consensus algorithm and a peer-to-peer networking protocol designed to support internet-scale distributed applications, enhancing the speed, security, and scalability of blockchain solutions while enriching the overall blockchain ecosystem.
Veil
Seed Round in 2019
Veil, Inc. is a peer-to-peer trading platform that focuses on prediction markets and derivatives, leveraging the Augur and 0x protocols. Founded in 2018 and headquartered in San Francisco, California, the company allows users to engage in betting on various prediction markets while also facilitating the trading of a diverse array of crypto assets. Veil's innovative platform aims to enhance user participation in decentralized markets by providing a seamless and accessible trading experience.
Coinbase Ventures
Secondary Market in 2019
Coinbase, Inc. is a digital currency platform that enables merchants, consumers, and traders to buy, sell, and store cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Founded in 2012 and headquartered in San Francisco, California, the company offers a range of services including a user-friendly website for transactions, a digital wallet, and merchant payment processing tools. These offerings facilitate seamless transactions for users and support a variety of online businesses. Coinbase's mission is to create an open financial system accessible to individuals worldwide, fostering the adoption of cryptocurrencies and enhancing the overall digital financial landscape.
Cosmos Network
Seed Round in 2019
Cosmos is a project with an ambitious mission: To create a network of distributed ledgers that will solve long-standing problems in the cryptocurrency and blockchain communities.
Namebase
Seed Round in 2018
Namebase operates an open-bidding domain marketplace that facilitates the buying, selling, and management of top-level domains and HNS coins. The platform simplifies the process of utilizing next-generation domain names, allowing users to host websites while also enabling them to receive cryptocurrency through their domain names. This innovative approach caters to both traditional domain management and the growing interest in blockchain technology, positioning Namebase as a key player in the evolving digital landscape.
StarkWare Industries
Series A in 2018
StarkWare Industries Ltd is a technology company based in Netanya, Israel, established in 2017. The company specializes in developing software and hardware solutions focused on the generation and verification of computational integrity proofs. Its primary offering, known as STARK, is a zero-knowledge proof protocol that enhances privacy in blockchain applications, increases transaction throughput, and enables off-chain computation. StarkWare Industries aims to create a comprehensive proof stack to facilitate secure and efficient computational processes across various applications.
Spacemesh
Venture Round in 2018
Spacemesh is a blockchain protocol based in North Pole, Alaska, that focuses on creating a fair, decentralized, and secure platform for smart contracts. It employs a unique Proofs of Space-Time (PoST) consensus mechanism and utilizes a Directed Acyclic Graph (DAG) topology instead of traditional chain structures. This innovative approach allows for a leaderless, non-competitive voting system known as Collaborative Mining, which promotes permissionless decentralization. The platform is designed to be open-source and programmable, enabling users to run general-purpose smart contracts efficiently while conserving resources by leveraging unused storage space on hard drives for computation. With its emphasis on security, fairness, and environmental sustainability, Spacemesh aims to provide a robust cryptocurrency solution that can self-heal and adapt to the needs of its users.
Gauntlet
Gauntlet is a developer of a financial modeling and simulation platform aimed at enhancing the safety and efficiency of blockchain protocols and smart contracts. The company's platform utilizes agent-based simulation to analyze and optimize key parameters of various protocols, which helps improve capital efficiency, fees, risk management, and incentive structures. By modeling market risk and economic incentives, Gauntlet enables clients to maximize their returns while minimizing potential risks. Its applied research and optimization teams focus on driving sustainable growth for leading crypto protocols, chains, and on-chain treasuries, ultimately enhancing financial performance for businesses in the blockchain ecosystem.
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