Selected portfolio

Conviction, made visible.

We back crypto-native teams building durable infrastructure, decentralized financial markets and products that make open networks more useful.

Filter by sector

12 public profiles

01 Avalanche Sovereign chains without starting from zero. Investment signal Avalanche made a direct bet that one global chain would not fit every application. Its architecture gave teams a path to customize execution and governance while retaining a shared technical foundation. Layer 1 active

02 Bifrost Liquidity for assets that are still staking. Investment signal Proof-of-stake security asks users to lock capital, while DeFi rewards mobility. Bifrost sits directly in that tension by making staked positions usable across applications. Liquid staking active

03 Curve Finance Liquidity infrastructure for on-chain markets. Investment signal Curve turned a narrow insight—similar assets should trade on a purpose-built curve—into core market infrastructure. Its advantage came from mechanism design, not a louder interface. DeFi active

04 Enjin Digital ownership built into the game stack. Investment signal Enjin treated digital items as product infrastructure before NFTs became a market category. Its early bet was that ownership should feel native to the game, not bolted on after the experience was designed. Gaming infrastructure active

05 Injective A Layer 1 purpose-built for markets. Investment signal Injective treated exchange infrastructure as a shared network primitive. Builders could focus on the financial product rather than rebuilding matching and liquidity infrastructure for every interface. DeFi infrastructure active

06 Lava Network The data-access layer behind the interface. Investment signal Nearly every on-chain product depends on RPC infrastructure, yet users rarely see it. Lava targets that hidden dependency with provider selection, quality measurement, and on-chain settlement. Infrastructure active

07 Mantle A modular route to scaling Ethereum. Investment signal Mantle paired a modular technical architecture with community-controlled capital and distribution. That combination made it more than a pure scaling experiment. Ethereum scaling active

08 Pendle A market for the yield inside an asset. Investment signal Pendle turned a slippery concept—future variable yield—into legible instruments with explicit maturity. It gave crypto users tools closer to fixed-income markets without hiding the on-chain mechanics. DeFi active

09 Polygon Making Ethereum usable at application scale. Investment signal Polygon recognized early that the Ethereum ecosystem needed practical scale before a single perfect scaling architecture had won. It built, shipped, and iterated in public. Ethereum scaling active

10 VeChain A public blockchain built for real-world systems. Investment signal VeChain pushed blockchain beyond trading and into supply chains, product records and enterprise workflows. The bet was that public infrastructure could make real-world claims more transparent without forcing every user to understand gas. Enterprise infrastructure active

11 Yearn Finance YFI · Automated strategy execution for on-chain yield. Investment signal Yearn made strategy automation a crypto primitive. It showed that open vaults could package complex, constantly changing DeFi work into a product a user could evaluate and enter. DeFi active

12 Genopets A game loop built around everyday movement. Investment signal Genopets explored a consumer behavior that crypto often missed: building a habit first, then letting ownership deepen the relationship rather than lead the pitch. Consumer crypto Status check