Backing the next era of crypto builders
We invest globally in crypto and web3 founders from pre-seed to seed, across equity and tokens.
Explore portfolio
Who we’ve partnered with
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Our thesis
We’re cycle-agnostic and focus on fundamentals: real users, real distribution, and compounding moats. We back technical, mission-driven teams building primitives and products that make crypto useful for the next billion users.
Decentralisation compounds where it reduces friction for creators, consumers, and developers.
Infrastructure maturity unlocks consumer experiences: wallets, on/off-ramps, scalable chains.
Sustainable token design aligns users, builders, and long-term value creation.
Read the full thesis
Infrastructure
Core protocols, L1/L2, security, data, privacy, dev tools.
Finance
Stablecoins, exchanges, custody, credit, on/off-ramps.
Applications
Consumer, creator tools, social, gaming, culture.
B2B / Enablers
Compliance, risk, analytics, enterprise integrations.
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