Portfolio

Our investments

We invest in transformative protocols and companies at the forefront of blockchain and other frontier technologies. Our portfolio spans liquid digital assets and venture investments across multiple stages.

45 investments Exited

1Money

INFRA

Global stablecoin platform for issuance, conversion, redemption, and fiat on/off-ramps.

Aave

DEFI

Open-source non-custodial protocol for money markets. Earn interest and borrow assets.

Alchemix

DEFI

DeFi protocol for flexible instant loans that repay themselves over time.

Algorand

INFRA

Open permissionless proof-of-stake blockchain for security and scalability.

Alien

INFRA

Decentralized human network for proof-of-humanity and scalable L1 for trusted identities.

Avalanche

INFRA

Open-source platform for dApps, financial primitives, and interoperable blockchains.

Badger

DEFI

DAO building products and infrastructure to accelerate Bitcoin in DeFi.

Bitcoin

INFRA

Decentralized peer-to-peer electronic cash and the first successful cryptocurrency.

Bittensor

AI

Decentralized machine learning network incentivizing AI model development and validation.

Blockstack

INFRA

Open-source network for building decentralized apps and smart contracts.

BNB

INFRA

Native asset for Binance Chain fueling the Binance ecosystem.

Boundless

INFRA

Decentralized protocol for verifiable compute and ZK proofs, rewarding nodes across chains.

Celestia

INFRA

Modular blockchain providing data availability for sovereign rollups and dApps.

Decred

INFRA

Autonomous digital currency with hybrid consensus for decentralized, self-governing money.

DFINITY

INFRA

Extends the public Internet to natively host software and DeFi via ICP.

Ethereum

INFRA

Global open-source platform for decentralized applications.

EtherFi

DEFI

Decentralized liquid staking on Ethereum. Stake ETH, earn yields, maintain liquidity.

Forward Industries

OTHER

Public company (FWDI) and leading Solana treasury manager for ecosystem growth.

General Tensor

AI

Vertically integrated decentralized AI vehicle running Bittensor validators and miners.

Groq

AI

AI company building ultra-fast LPUs for low-cost, high-performance inference.

Gunzilla

OTHER

AAA Web3 game studio developing blockchain-integrated titles like Off The Grid.

Hyperliquid

INFRA

Decentralized perpetuals exchange and L1 for high-performance derivatives trading.

IKA

INFRA

Zero-trust MPC network on Sui for sub-second, secure cross-chain asset control.

Inference Labs

AI

Decentralized AI network for verifiable execution of AI tasks and autonomous systems.

Inversion

INFRA

Crypto-native PE firm acquiring traditional companies and integrating blockchain.

Mantra

INFRA

EVM L1 for compliant tokenization and trading of real-world assets.

Membrane Labs

OTHER

Institutional digital asset infrastructure for loans, repo, collateral, and settlement.

Mysten Labs

OTHER

Web3 infrastructure company building Sui and other foundational technologies for decentralized internet adoption.

N1 Chain

INFRA

High-performance L1 optimized for on-chain finance, trading, and ultra-high throughput.

Nexus Mutual

DEFI

People-powered alternative to insurance against smart contract failure.

Nonco

OTHER

Institutional-grade stablecoin and crypto liquidity bridging TradFi and digital assets.

RedStone

DEFI

Modular oracle network for secure off-chain data feeds to DeFi across 100+ chains.

Reflection AI

AI

Research company building open frontier AI models and superintelligence.

Ritual

AI

Decentralized network for on-chain AI infrastructure and smart contract AI integration.

Securitize

OTHER

Leading platform for RWA tokenization and institutional digital securities.

Solana

INFRA

High-performance L1 blockchain for scalable dApps and high-throughput transactions.

Solayer

INFRA

Hardware-accelerated L1 on Solana VM for ultra-high throughput and near-zero latency.

Sui

INFRA

Permissionless L1 blockchain with object-centric design for high-speed, low-cost transactions.

Sui Group

OTHER

Public company (SUIG) managing a large SUI treasury to advance the Sui ecosystem.

SushiSwap

DEFI

Automated market-making decentralized exchange on Ethereum.

Toncoin

INFRA

Native token of TON, a scalable L1 blockchain integrated with Telegram.

UMA

DEFI

Protocol for building synthetic assets through self-enforcing smart contracts.

Union

INFRA

Zero-knowledge infrastructure for cross-chain messaging, assets, NFTs, and DeFi.

Walrus

INFRA

Decentralized storage protocol on Sui for monetizable data markets in the AI era.

yearn.finance

DEFI

Profit-switching lender to optimize lending yields.