We’re excited to announce that we’re participating in Flying Tulip’s $200 million seed round. Flying Tulip is a new initiative from Andre Cronje and his team. It’s an ambitious attempt to build, from the ground up, a full-stack exchange spanning spot, perps, and options trading to lending and structured yield. While the scope is broad, in this post, we’ll focus on the fundraising model, where Flying Tulip is breaking new ground.

LAB is a cross-chain DeFi trading terminal accessible via Telegram App, web, and browser extension, solving liquidity-UX issues across Solana, Base, BNB, Ethereum, and more. With 430M+ volume processed and strong early metrics, LAB positions itself as next-generation trading infrastructure bridging retail simplicity with pro-grade tools to accelerate crypto adoption.

Dexari is building the mobile gateway to Hyperliquid, combining CEX-like speed and deep liquidity with self-custody and a seamless mobile UX. In this post, I cover (a) why Hyperliquid’s L1 architecture and onchain order books are a breakthrough for DeFi; (b) Dexari’s edge in delivering a native app experiencing rivaling the best CEX apps; (c) how mobile-first perps will supercharge user growth and network effects; and (d) Dexari’s roadmap toward a unified crypto super app.

Why we are investing in Puffer. Puffer built on EigenLayer, addresses the prevalent challenges in the LSD space through the incorporation of their unique Secure-Signer technology, a remote signing tool specifically designed to bolster validator security and mitigate slashable offences.

Wallets remain primitive key managers, offering little guidance, automation, or fraud protection as onchain finance expands across many L1/L2s, tokens, DEXs, yields, and ever-changing incentive systems. Fragmentation and 24/7 markets create decision overload; opportunity now outpaces human bandwidth, hindering diligence and execution. The industry needs a smart, protective, automated wallet that scales with complexity. Enter Senpi.