Since December last year, Hack VC has led investments in a number of projects including Babylon, imgnAI, AltLayer, Intia, io.net, Eclipse, Elixir, etc. in just a few months, which is quite aggressive.
Written by: 1912212.eth, Foresight News
Hack VC is now increasingly playing an important role in the financing of various projects. The market may be curious about who it is. The name of the fund's founder, Alexander, may not be remembered by most people, but when it comes to the famous Bain Capital and Dragonfly Capital, everyone must know it.
Alexander helped start the crypto investment business at Bain Capital and co-founded Dragonfly Capital with Feng Bo in 2018. Dragonfly was the big winner in the last cycle, having made a fortune in public chains and DeFi, and has now become one of the largest crypto funds in Asia.
Shortly after Alexander left Dragonfly in 2020, he founded his own fund, Hack VC, and completed a $300 million seed fund at the time. Investors included Sequoia, a16z partners Marc Andreessen and Chris Dixon, and others.
Since December last year, Hack VC has led investments in Babylon, imgnAI, AltLayer, Intia, io.net, Eclipse, Elixir and other projects in just a few months. It can be said to be very aggressive. However, it is interesting that Hack VC has not yet made a move in the NFT field.
In February this year, Hack VC completed the fundraising of a new fund of US$150 million. Its managing partner Alex Pack told Bloomberg that about one-third of the new fund had been deployed. Just one month later, Hack VC is raising at least US$100 million for another fund, which will invest in seed-stage crypto startups.
On April 9, at the end of the Hong Kong Web3 Carnival, the Hack.summit() 2024 Blockchain Developer Conference hosted by Hack VC opened, attracting many industry elites, technical experts and well-known project parties to participate. The conference is themed "Building the Future, Creating Value Together", focusing on the latest applications of blockchain technology, industry trends and future development directions.
It’s time to take a look at this new venture capital firm’s crypto landscape.
infrastructure
Eclipse
Eclipse is a project that simplifies the construction of customizable modular Rollups for all users. Unlike other Rollups that have fixed components (such as virtual machines and base layers), you can easily create various forms of Rollups using Eclipse. For example, you can choose Polygon Avail as the consensus layer and data availability layer, and use SVM as the execution layer. Eclipse provides "Eclipse Settlement Layer" as the settlement layer (including IBC), and Rollups built using Eclipse can seamlessly connect with the Cosmos ecosystem.
In March this year, Eclipse completed a US$50 million financing round, led by Placeholder and Hack VC, with participation from Polychain Capital, Delphi Digital and others.
Initia
Initia wants to create an "Apple ecosystem" in the blockchain field, intending to eliminate the fragmented experience of multi-chain systems through vertical integration of technology stacks. Initia integrates the underlying Layer 1 with the Layer 2 application chain (officially called "Minitias") through the Initia Rollup framework, and facilitates messaging between Minitias through IBC. Just like in the Apple system, although everyone can use a variety of frameworks to build their applications (React Native, Swift, etc.), each of them can access the same native functions: ApplePay, FaceID, cross-APP communication, Initia imitates this through modular network products and inherent functions.
In February this year, Initia completed a financing of US$7.5 million, led by Delphi Ventures and Hack VC, and participated by Cobie and others. It is worth mentioning that in October 2023, Initia received Pre-Seed investment from Binance Labs.
SX
SX Network is an independent smart contract blockchain launched with a native prediction market protocol. It is designed for blockchain application developers with EVM compatibility, low-cost transactions, and a PoS-based consensus model, and consists of three core interrelated platforms: SX Bet, SX Protocol, and SX Blockchain.
Gelato
Gelato Network is a Web3 automation and relay network designed to enable developers to automate the execution of arbitrary smart contracts on all compatible EVM-based blockchains. Gelato enables everyone to harness the power of a network of bots to fully automate the movement of their funds between protocols like the Ethereum protocol.
Blocknative
Blocknative builds and operates critical infrastructure for monitoring and managing public blockchain transactions. Blocknative illuminates the “dark forest” and protects transactions.
Syndicate
Syndicate provides APIs and smart contracts to build scalable WEB3 products. Supports L3 startup, and its gas fee is close to zero - unlocking smart gas subsidies, native gas tokens, data oracles, precompilation, etc. Previously a decentralized investment DAO, it has now transformed into infrastructure.
Re-pledge
AltLayer
AltLayer's current focus is Restaked Rollups combined with EigenLayer's re-staking service. It can enhance the security, decentralization and user experience of the Rollup public chain through EigenLayer's active verification service (AVS), and also provides temporary execution layer services, which are suitable for temporary chains with specific short-term purposes. For example, when Yuga Labs issued Otherdeed for Otherside NFT, the Ethereum mainnet was congested and the temporary layer service was used to solve it. In addition, AltLayer's platform is designed for a multi-chain and multi-virtual machine world, so it not only supports EVM and WASM (used by Cosmos, Polkadot, etc.), but also plans to support Solana VM (Sealevel) and Move VM.
In February this year, AltLayer completed a strategic round of financing of US$14.4 million, led by Polychain Capital and Hack VC, with participation from OKX Ventures, HashKey Capital, IOSG, etc. The previous round of financing dates back to July 2022, led by Polychain Capital, Jump Crypto and Breyer Capital, with participation from Polkadot founder Gavin Wood, former Coinbase CTO and former a16z partner Balaji Srinivasan, Circle co-founder Sean Neville, and Synthetix and Bodhi Ventures co-founders Kain Warwick and Jordan Momtazi.
EigenLayer
EigenLayer allows developers to leverage Ethereum's existing economic security infrastructure, including validator sets and capital. This process simplifies the creation of new networks and services by leveraging Ethereum's already established security. The core concept is re-staking. Through re-staking, EigenLayer makes Ethereum's staked ETH and validator sets available for other services and networks.
EigenLayer received $100 million in financing from a16z this year. Last year, it was led by Blockchain Capital, with participation from Coinbase Ventures, Polychain Capital, Hack VC, Electric Capital, IOSG and others.
Rio Network
Rio is a liquidity re-staking network, and its first liquidity re-staking token is reETH. Chorus One, Figment, HashKey Cloud, Kiln and Unit 410 are the first batch of node operators of Rio, which will operate ETH validators and maintain AVS.
Cross-chain bridge
Across
Across is a cross-chain bridging protocol that allows users to execute transactions between chains almost instantly. This is achieved through the use of oracles, bonding relayers, and one-sided liquidity pools.
Nomad
Unlike validator-based cross-chain bridges, Nomad does not rely on a large number of external parties to verify cross-chain communications. Instead, it utilizes an optimistic mechanism that allows users to securely send messages and bridge assets, with the guarantee that anyone viewing can flag fraud and protect the system.
Raven DAO
Raven DAO provides liquidity across DeFi protocols, blockchains, and centralized exchanges.
Public Chain
Berachain
Berachain focuses on DeFi's EVM-compatible L1, built on top of the Cosmos SDK, and adopts the consensus mechanism of Proof of Liquidity (PoL). Built on Polaris EVM, Polaris is its EVM-based operating system built on top of the Cosmos SDK. Polaris uses messaging to connect the EVM and the Cosmos SDK, separating block construction, processing, and storage from execution. Polaris EVM also provides developers with state precompilation and the creation of custom modules, which developers can use to create more efficient and powerful smart contracts.
In April this year, Berachain completed a financing of US$42 million. This round of financing was led by Polychain Capital, with participation from OKX Ventures, Hack VC, Dao5, Robot Ventures, Goldentree Asset Management, former Dragonfly Capital partner and Celestia founder Mustafa Al-Bassam, Tendermint co-founder Zaki Manian and 20 other DeFi project founders.
SUI
SUI is a L1 public chain redesigned and built from first principles, designed to provide creators and developers with a development platform capable of supporting the next billion users in Web3. Applications on Sui are based on the Move smart contract language and have horizontal scalability, allowing developers to support a wide range of application development quickly and at low cost.
DeSo
DeSo is an open source social media platform public chain.
OG Labs
OG is creating a modular AI public chain that aims to alleviate the pain points of on-chain AI applications in the Web3 ecosystem, such as speed and cost efficiency. The OG Labs website shows that one of the products it is developing is called "Uni-Chain", a Web3 architecture that seamlessly connects the network into a unified metaverse, where users can access transactions with users and services on any chain through a single wallet.
In March 2024, OG Labs completed a US$30 million Pre-Seed round of financing, led by Hack VC, with participation from Foresight Ventures, Delphi Digital, and OKX Ventures.
Second floor
Boba
Boba Network is an Ethereum Layer2 expansion solution that uses Optimistic Rollup, created by the Enya team, a core contributor to the OMG Foundation. In addition to the basic advantages of Optimistic Rollup technology itself, such as low gas fees and high throughput, Boba Network has also made improvements in the Layer2 asset exit process. The improvement is to introduce a "liquidity pool" to support liquidity providers to add liquidity of different assets on the chain, and assist users in cross mainnet and layer2 network asset exchange, thereby reducing the Layer2 network asset exit cycle from at least 7 days to "minutes".
In 2022, Boba completed a US$45 million Series A financing round, with participation from institutions such as Crypto.com, Huobi, and Hack VC.
Fhenix
Fhenix is building the first L2 powered by fully homomorphic encryption. Homomorphic encryption is a more scalable technology for executing arbitrary confidential smart contracts, designed using an Optimistic Rollup approach.
In September 2023, Fhenix completed a US$7 million seed round of financing, led by Sora Ventures, Multicoin Capital and Collider Ventures, with participation from Bankless, HackVC and others.
Tari
Tari is a digital asset-centric blockchain protocol built in Rust, private, anonymous, open source, and built as a merged-mined sidechain with Monero.
Bitcoin Ecosystem
Babylon
By leveraging three aspects of Bitcoin — its timestamping service, block space, and asset value — Babylon is able to deliver Bitcoin’s security to numerous Proof of Stake (PoS) chains, creating a more robust, unified ecosystem. Babylon’s Bitcoin staking protocol uses a remote staking approach that overcomes the lack of smart contracts through cryptography, consensus protocol innovations, and optimized use of the Bitcoin scripting language. Babylon’s staking protocol allows Bitcoin holders to trustably stake Bitcoin without bridging to a PoS chain, and provides full slashable security guarantees for that chain.
In February this year, Babylon Chain received investment from Binance Labs. In December 2023, it completed a financing of US$18 million, led by Polychain Capital and Hack VC, with participation from Framework Ventures, Polygon Ventures, OKX Ventures, IOSG, etc.
Mezo
Mezo is a second-layer Bitcoin network launched by Thesis, a startup studio founded in 2014. Mezo puts the previously idle Bitcoin assets in the hands of holders into use through a points program called "HODL Proof". The longer the Bitcoin is stored, the higher the contributor's "HODL score multiplier". Mezo aims to deepen the functionality of Bitcoin infrastructure by facilitating cheaper and faster transactions without deviating from the basic principles of the network.
In April this year, Mezo developer Thesis completed a US$21 million Series A financing round, led by Pantera Capital and participated by Multicoin, Hack VC, Draper Associates and others.
DeFi
Derivatives
MYX
MYX is a decentralized perpetual exchange that achieves zero slippage trading and matches long and short positions through the Matching Pool Mechanism (MPM).
In December 2023, MYX completed a US$5 million seed round of financing, led by HongShan, with participation from Consensys, Hack VC, OKX Ventures, Foresight Ventures, Redpoint China, HashKey Capital, GSR Markets and others.
Perpetual
Perpetual is a decentralized perpetual contract trading protocol. The V3 test version has been launched recently, introducing a smart liquidity framework for on-chain derivatives, which allows users to choose pure on-chain liquidity or a combination of on-chain and off-chain solutions, emphasizing simplified user experience and providing flexibility. The new version improves the user experience by introducing a biometric secure wallet, simplifying the onboarding process, and creating an all-round platform.
Vertex
Vertex is an exchange for decentralized spot and derivatives trading on Arbitrum, supporting more than 30 trading pairs. Previously, the protocol was Terra Chain Ecosystem.
Cega
Cega is a derivatives protocol founded by Arisa Toyosaki, a former UBS derivatives trader. It is the first decentralized derivatives protocol for exotic derivatives in the DeFi field. It is a general term for a series of different complex derivatives, from pricing to hedging methods to liquidity, the combination is like a kaleidoscope. You can think of a single exotic derivative as a structured product. Cega's first exotic derivative product is a fixed coupon note (FCN), which allows investors to earn more yield with a lower probability of losing principal (and with downside protection).
Kine
Kine is a decentralized derivatives exchange that uses the layer 2 network for on-chain staking, while achieving 0 gas fees and long/ short trading.
Variational
Variational is a decentralized, non-custodial bilateral derivatives inquiry platform on Arbitrum.
Liquidity Protocol
Elixir
Elixir is a modular DPoS liquidity network that enables anyone to provide liquidity directly to the order book, bringing liquidity to long-tail crypto assets and allowing exchanges and protocols to guide their ledger liquidity. Currently, the Elixir network has plans to issue the ELX token, but has not yet announced the token economic model. According to reports, ELX has two main uses: one is for node and validator staking to ensure network security, and the other is to be used as a community governance token.
In March this year, Elixir completed an $8 million Series B financing round, led by Mysten Labs and Maelstrom, with participation from Arthur Hayes, Amber Group, GSR and others.
Affine
Affine aims to solve the problem of impairment losses in liquidity provision, and its USD Earn provides automated diversification and yield through liquidity management strategies. In February 2023, Affine completed a $5.1 million financing, led by Jump Crypto and Hack VC, with participation from Circle Ventures and Coinbase Ventures.
Overnight
Overnight is developing a proprietary, delta-neutral, on-chain yield strategy for stablecoins.
Symbiosis Finance
Symbiosis Finance is a decentralized multi-chain liquidity protocol that aggregates the liquidity of decentralized exchanges in all EVM and some non-EVM networks. It aims to solve the problem of dispersed liquidity between different chains and poor user experience when using DeFi and Web3 ecosystems.
Ante
Ante is a non-custodial incentivized testing protocol that allows anyone to tokenize their trust in a target protocol.
DEX
GRVT
As a hybrid exchange, Gravity is more like a CEX, but compared to CEX, it has a different core mechanism, that is, funds are self-custodied. For Degen, you can easily use MetaMask or Wallet Connect to trade, which is similar to dYdX Chain or GMX.
In September 2023, Gravity completed a total financing of more than 7 million US dollars. Matrix Partners and Delphi Digital jointly led the seed round. Other investors in this round of financing included Susquehanna Investment Group, CMS Holdings, Hack VC, Matter Labs, etc.
CowSwap
CowSwap is a decentralized trading platform built on Cow Protocol, which features MEV (maximum extractable value) protection and low-fee transactions.
RWA
AlloyX
AlloyX’s vault combines Credix Finance’s overcollateralized tokenized credit (digital tokens backed by real-world assets such as loans or debt instruments) with smart contracts for tokenized U.S. Treasuries to provide DeFi investors with access to real-world asset liquidity. Lenders provide funding to the vault in the form of USDC, which aggregates the assets deposited into the tokens, which are allocated and run according to the vault’s preset parameters. By depositing USDC, users receive vault tokens based on a floating exchange rate and earn a yield. What makes AlloyX different is its automated allocation across multiple credit protocols, where USDC is deployed according to the vault’s allocation rules.
In June 2023, AlloyX completed a US$2 million Pre-Seed round of financing, led by Hack VC, with participation from Circle Ventures, Digital Currency Group, Strato, DAO5 and others.
Parcl
Parcl is a decentralized real estate investment platform. The platform is characterized by combining traditional real estate investment with blockchain technology to change the traditional investment methods and concepts of users. Parcl integrates global real estate resource data and selects a large amount of information with investment value, thereby providing users with detailed information and price trends of global real estate. The market prices it provides are relatively real-time and representative. Users can use this information to analyze market dynamics on their own and earn relevant income through traditional financial methods such as buying and short. In April this year, the project will airdrop 7%-8% of tokens to the community.
Its financing dates back to 2022, with a total of more than 11 million US dollars, with Dragonfly Capital, ParaFi, Coinbase Ventures, Solana Ventures, and Hack VC participating in the investment.
Superstate
Superstate, which is focused on developing regulated, compliant investment vehicles using public blockchains accessible to U.S. investors, is led by Compound founder Robert Leshner and has earmarked the funds for team expansion, creating a private fund for institutional investors, and developing a framework for tokenized public funds.
In November 2023, Superstate received US$14 million in financing, led by CoinFund and Distributed Global, with participation from CMT Digital, Folius Ventures, Galaxy Digital, HackVC and others.
Goldfinch
Goldfinch aims to raise capital for real-world businesses, who are able to obtain credit financing using the Goldfinch protocol.
Midas
Midas is an asset tokenization project. mTBILL, as Midas' first product, will track short-term U.S. Treasury bonds. Each mTBILL token represents one share of the BlackRock German Bond ETF.
In March this year, Midas completed a seed round of financing of US$8.75 million, led by BlockTower Capital, Framework Ventures and HV Capital, and participated by Coinbase Ventures, Ledger, 6th Man Ventures, GSR, Hack VC, Axelar Network, Peer Capital and FJ Labs.
Borrowing
Archimedes
Archimedes is a BTC lending protocol that can increase the passive or leveraged income of Bitcoin holders. According to the official website, the protocol currently supports 7 types of asset pools, and the total locked volume has exceeded 2.3 million US dollars. In addition, features such as BTC passive income annualization rate and maximum leverage income will be launched soon. In February 2023, it completed a $4.9 million seed round of financing, led by Hack VC.
Ajna
Ajna is a non-custodial, permissionless system that does not require oracles or governance, ensuring a high degree of decentralization and autonomy. Ajna allows the creation of markets with specific collateral and loan assets. The platform supports a variety of assets, including fungibles and NFTs.
Wallet and Asset Management
CoinStats
Founded in 2017, CoinStats is a free cryptocurrency portfolio management app and DeFi wallet that supports market data from 300 cryptocurrency exchanges and manages over $500 billion in cryptocurrencies. In 2022, it completed a $3.2 million financing led by Hack VC.
August (formerly Fractal)
Fractal enables institutions to clear, settle and manage collateral for digital assets on-chain, enabling transparent proof of reserves, third-party collateral management and instant on-chain settlement. Customers will be able to monitor their positions with counterparties in real time to reduce counterparty risk.
In April 2023, August completed a $6 million seed round of financing, led by Hack VC, with participation from CMT Digital, Blizzard Fund, Circle, The Spartan Group and others.
Demox Labs
Demox Labs provides privacy infrastructure for zero-knowledge blockchains. Demox Labs will support the development of various products for the privacy blockchain Aleo. Demox Labs' first product is the privacy-preserving wallet Leo Wallet.
Exponential
Exponential is an investment platform that makes it easy to discover, evaluate and invest in DeFi yield opportunities and has been licensed by US FinCEN.
Doormat
DOORMAT is building crypto wallet key management.
Layer2 financial
Layer2 Financial aims to provide customers with compliant payments in multiple currencies. Only one API is needed to provide services such as collection, payment, foreign exchange, etc.
Nocturne
Nocturne integrates privacy directly into the account layer, and its function is similar to a smart contract wallet, which is compatible with any DeFi protocol that represents state through output tokens, such as Uniswap exchange tokens, Aave aTokens, and Compound cTokens. In January of this year, Nocturne stated that it would soon shut down Nocturne v1 and turn to application development. Officials said that last year they realized that the transition to L2 and AA must precede privacy, and users are first concerned about costs and user experience. The timing of privacy protection depends on the practicality of cryptocurrency, and privacy issues remain secondary until these major obstacles are overcome first.
In October 2023, Nocturne Labs completed a $6 million seed round of financing, led by Bain Capital Crypto and Polychain Capital, with participation from Vitalik Buterin, Hack VC, Robot Ventures and others.
MobileCoin
MobileCoin is a privacy payment protocol that focuses on providing secure and private cryptocurrency wallet services for mobile applications.
VFAT
VFAT is a minimalistic mining dashboard and calculator.
other
M^0
M^ZERO is building the first decentralized currency middleware, allowing crypto institutions to mint and issue decentralized and fungible stablecoins backed by U.S. Treasuries. The protocol will be launched in the second quarter of 2024, and the expected initial user base includes crypto funds and market makers.
Zebec
Zebec enables real-time, frictionless and continuous payment flows. Recently, it has upgraded its brand, built the Zebec Network, and developed DePIN and other directions.
game
DeGame
DeGame is a Web3 chain game aggregation platform, which includes more than 4,000 game projects in total, and cooperates with more than 1,000 blockchain game projects and game tokens, such as STEPN, Thetan Arena, etc.
Pixels
Pixels is a social web3 game built on @Ronin_Network, launched in 2021 with 180k DAU in 2023. Pixels recreates the atmosphere of classic 16-bit role-playing adventures, allowing players to navigate a pixel art world, interact with each other, cultivate land, play mini-games and earn token rewards. It also allows holders of select NFT Profile Picture (PFP) collectibles to use their owned avatars in the game.
In February 2022, Pixels completed a $2.4 million seed round of financing, led by Animoca Brands and PKO Investments, with participation from OpenSea and others. In February this year, Pixels announced the completion of a $4.8 million strategic financing, with participation from Framework Ventures, Yield Guild Games, Sky Mavis, Mechanism capital, Fenbushi Capital and others, and individual investors including Nansen CEO Alex Svanenik and others.
Matchday
Matchday is creating a game for fans that is simple to pick up and play.
AI
imgnAI
ImgnAI's main product, Nai, is an AI-powered image-generating bot that allows Discord and Telegram users to generate works of art through simple text commands.
In January this year, ImgnAI completed a US$1.6 million seed round of financing, led by Hack VC, with participation from Rana Capital, Selini Capital, West Ham Capital, Motus Capital and dao5.
io.net
io.net aims to provide computing for ML (machine learning). Computing power is obtained by assembling more than 1 million GPUs from independent data centers, cryptocurrency miners, and projects such as Filecoin or Render. Its functional product portfolio consists of three parts: IO Cloud, IO Worker, and IO Explorer. In a recent tweet, IO stated that it has launched a points reward program that will last until the end of April. In addition, the token IO will be launched at the end of April.
In March this year, io.net completed a US$30 million Series A financing round, led by Hack VC, with participation from Foresight Ventures, Multicoin Capital, Delphi Digital, Solana Labs, Aptos Labs, and OKX Ventures, as well as angel investors Solana founder Anatoly Yakovenk, Aptos founder Mo Shaikh and Avery Ching.
Ritual
Ritual hopes to combine the best principles and technologies of cryptography and AI to create a system that can create, distribute, and improve AI models openly and without permission. Ritual combines a distributed network of nodes with computing power with model creators and allows these creators to host these models on the nodes. Users can then access any model on the network (whether it is an LLM or a classic ML model) using a common API, and the network has additional encryption infrastructure to ensure computational integrity and privacy.
Safety
Firewall
Firewall is a security company that develops firewall solutions for blockchain networks to prevent smart contract vulnerabilities. In March this year, Firewall completed a $3.7 million Pre-Seed financing round led by North Island Ventures, Breyer Capital and Hack VC.
Veridise
VERIDISE is a blockchain security company that provides auditing and software analysis tools.
DAO
CreatorDAO
CreatorDAO is a DAO focused on accelerating creators’ careers and empowering them with shared access to capital, technology, and community. CreatorDAO provides creators with mentorship, the professional tools they need to grow their brands, and a community invested in each other’s success.
In August 2022, CreatorDAO completed a $20 million seed round of financing, led by a16z crypto and Initialized Capital, with other investors including SV Angel, Hack VC, etc.
Noble
Noble provides software for DAOS to empower organizations with sovereignty.
AladdinDAO
AladdinDAO is a decentralized network that moves crypto investments from venture capitalists to the wisdom of the crowd through collective value discovery. DeFi experts identify the most promising DeFi projects and enable AladdinDAO community members to enjoy the rewards of their liquidity mining program.
CEX
AscendtEX
AscendEX is a cryptocurrency trading platform. In May 2021, AscendEX completed a $50 million Series B financing round led by Polychain Capital and Hack VC, with participation from Jump Capital and others.
TerraCEX
TerraCEX is a cryptocurrency trading platform based in South Africa.
Creators and content
Sepana
Sepana expands people's cognition by making Web3 content easy to discover and access. Sepana supports cross-chain and Web3 to easily discover content, transactions, NFTs, DAOs, and people. Currently, Sepana has developed products such as Ask Mirror, Lens Search, and Cloutavista to help users easily query the content of protocols such as Mirror, Lens Protocol, and Deso.
In November 2022, Sepana completed a US$10 million financing round led by Hack VC and Pitango First, with participation from Protocol Labs and Balaji Srinivasan.
Decrypt
Decrypt is an overseas blockchain media platform.
Mirror
Mirror. is a decentralized, blockchain-based, encrypted publishing platform that aims to directly connect creators and readers.
Tool Application
EthSigh
EthSigh is a decentralized, versioned, integrable, ubiquitous electronic agreement signing platform. A decentralized, versioned, integrable, ubiquitous electronic agreement signing platform.
Lit Protocol
LIT is a key management network for decentralized signing and encryption. Create applications and wallets that use anonymity without a single point of failure.
Moonbounce
Moonbounce is a browser extension that provides real-time interactions, integrated rewards, and loyalty program tools for businesses and creators. It aims to provide users with a social experience while browsing different websites, mimicking the experience of real social media, allowing users to hang out online with friends.
Corporate Services and Market Making
Guild
Guild provides automated membership management for the WEB3 platform and has already signed up hundreds of brand agreements.
Eaglebrook Advisors
Eaglebrook Advisors provides crypto solutions to institutions.
Dexterity Capital
Dexterity is an algorithmic high-frequency trading firm focused on digital assets.
Consensys
Consensys is a blockchain technology company that provides Ethereum-based software and solutions for enterprises, developers and individuals. Its founder, Joseph Lubin, is also one of the co-founders of Ethereum. In addition to development and consulting services, its products include wallet MetaMask, development kit Infura, smart contract audit service Diligence, open source blockchain Quorum, etc.
Gravity Markets
Gravity Markets offers tailor-made managed order solutions, managed by expert traders in the crypto asset markets, to control volatility risk.
Bitwave
Bitwave provides enterprises with solutions for handling digital assets, including tax tracking, automatic market value, encrypted AR/AP, wallets and DeFi. It has received a total of more than 20 million US dollars in two rounds of financing, with the first round in 2021 led by Blockchain Capital and the second round in 2022 led by Hack VC and Blockchain Capital.
Nonco
Nonco is a digital asset brokerage firm for financial institutions and professional investors. It uses advanced platforms and pricing algorithms to execute multiple order types, including single assets, baskets and indices to ensure execution for asset managers and traders. The company was spun off from OSL Digital Limited, the Americas division of OSL (Asian OTC Brokerage), a Hong Kong digital asset platform.
In December 2023, Nonco completed a $10 million seed round of financing led by Valor Capital Group and Hack VC, with participation from Morgan Creek Digital and Bullish.
Amber Group
Founded in 2017 and headquartered in Hong Kong, Amber Group is a global crypto-financial intelligence service provider with operations around the world and branches in Taipei, Seoul and Vancouver.
other
Monkey Tilt
In February this year, Monkey Tilt completed a financing of US$21 million, with participation from PolyChain Capital, Hack VC, Poker Go, Accomplice, Folius Ventures and others.
Hourglass
Hourglass is a platform that provides time-bound token-related services, including staking and trading time-bound tokens. In May 2023, it completed a $4.2 million seed round of financing, led by Electric Capital, with participation from Coinbase Ventures, Circle Ventures, and Hack VC.
Republic
Republic is a crowdfunding platform founded in 2016 that aims to provide more investment opportunities in startups, real estate, gaming and cryptocurrencies.
Delv (formerly Element)
Delv is building a decentralized protocol to provide infrastructure services for Web3. Previously, it was branded as the fixed-rate protocol Element.
Moonclave
Moonclave is an events company that primarily hosts meetups for Web3 protocol builders and investors.
Agora
Agora will issue a stablecoin AUSD backed by cash, U.S. Treasuries and overnight repurchase agreements, and Agora's reserve fund will be managed by ETF issuer VanEck. Agora was co-founded by Nick Van Eck, son of investment management veteran Jan Van Eck, and cryptocurrency veterans Drake Evans and Joe McGrady.
In April this year, Agora completed a US$12 million seed round of financing, led by Dragonfly, with participation from General Catalyst, Hack VC, Robot Ventures, Foresight Ventures, Mirana, Mantle, Kraken Ventures, Wintermute, Galaxy and Consensys.
