A blockchain-focused research, advisory, and investment group.

Why we invested in Ryzz.
Ryzz: Innovating the Streaming Landscape with Interactive Features and Crypto-Native Monetization We are thrilled to announce our investment in Ryzz, an innovative platform set to transform the creator economy. Our enthusiasm is rooted in a number of compelling factors that highlight Ryzz's prospects for success, such as its strong leadership, strategic alignment with our investment thesis, and the positive signals from industry analyses and due diligence. Ryzz is poised to offer a premi...

Why we invested in Ryzz.
Ryzz: Innovating the Streaming Landscape with Interactive Features and Crypto-Native Monetization We are thrilled to announce our investment in Ryzz, an innovative platform set to transform the creator economy. Our enthusiasm is rooted in a number of compelling factors that highlight Ryzz's prospects for success, such as its strong leadership, strategic alignment with our investment thesis, and the positive signals from industry analyses and due diligence. Ryzz is poised to offer a premi...

Why we invested in Lumina.
Lumina: Pioneering the Future of Decentralized Finance with Privacy-Preserving Features and Strategic Ecosystem Support. We are delighted to share our decision to invest in Lumina, a groundbreaking platform that represents a significant leap forward for the decentralized finance (DeFi) landscape. Our decision to support Lumina is informed by several key aspects that showcase the platform's potential for widespread adoption and success. As the first decentralized exchange (DEX) launching ...

Why we invested in Lumina.
Lumina: Pioneering the Future of Decentralized Finance with Privacy-Preserving Features and Strategic Ecosystem Support. We are delighted to share our decision to invest in Lumina, a groundbreaking platform that represents a significant leap forward for the decentralized finance (DeFi) landscape. Our decision to support Lumina is informed by several key aspects that showcase the platform's potential for widespread adoption and success. As the first decentralized exchange (DEX) launching ...

Mina Protocol: A Diamond in the Rough?
TNFA. DYOR. The views expressed in this piece are views of our own, and does not constitute investment advice. Zero-knowledge proofs (“ZKPs”) gained significant attention recently thanks to excitement surrounding zk-rollups and zkEVMs. We are happy to see that zero-knowledge (“ZK”) is finally getting the attention it deserves - but some of the recognition is misplaced. We first learned about ZK as a cryptographic primitive in 2019 having read Vitalik Buterin’s publication “PLONK.” Through his...

Mina Protocol: A Diamond in the Rough?
TNFA. DYOR. The views expressed in this piece are views of our own, and does not constitute investment advice. Zero-knowledge proofs (“ZKPs”) gained significant attention recently thanks to excitement surrounding zk-rollups and zkEVMs. We are happy to see that zero-knowledge (“ZK”) is finally getting the attention it deserves - but some of the recognition is misplaced. We first learned about ZK as a cryptographic primitive in 2019 having read Vitalik Buterin’s publication “PLONK.” Through his...

Initializing our views.
TL;DR: We believe in the commercialization of blockchain technology and Web3 applications, and we want to play a big role in it. 2022 was a tumultuous year filled with negative headlines. In March, Axie Infinity’s Ronin network was hacked for $625 million worth of ETH. In May, Terra-LUNA crashed, leading to industry-wide contagion. In June and July, Voyager and 3AC filed for bankruptcy. In November, the world learned that FTX was notoriously mismanaged, resulting in the company filing for ban...

Initializing our views.
TL;DR: We believe in the commercialization of blockchain technology and Web3 applications, and we want to play a big role in it. 2022 was a tumultuous year filled with negative headlines. In March, Axie Infinity’s Ronin network was hacked for $625 million worth of ETH. In May, Terra-LUNA crashed, leading to industry-wide contagion. In June and July, Voyager and 3AC filed for bankruptcy. In November, the world learned that FTX was notoriously mismanaged, resulting in the company filing for ban...