| Arbelos Markets | May 8, 2024 | $28m | Private | Trading | trading firm providing principal liquidity across crypto derivatives markets | Dragonfly Capital | | | Selini Capital, Breed VC, Room40 Ventures, FalconX, Circle Ventures, Paxos, P2 Ventures, Deribit, Chorus One Ventures, StarkWare, Immutable |
| Stablr | Nov 7, 2023 | $3.5m | Seed | DeFi | Euro-backed stablecoins | | | | Deribit, Maven 11, Theta Capital, Folkvang, Blocktech Ventures |
| Ethena | Jul 17, 2023 | $6m | Seed | DeFi | startup developing the first-ever ‘internet bond’ and a new Ethereum-based stablecoin secured by derivatives | Dragonfly Capital | | | Maelstrom, Deribit, Bybit, Mirana Ventures, OKX Ventures, BitMEX, Gemini, Lightspeed Faction, Huobi Ventures, Nascent, BlockTower Capital, Delphi Digital, Wintermute Ventures, GSR, CMT Digital, Tangent, Finality Capital Partners, No Limit Holdings, Cobie, Anthony Sassano, Julian Koh, Jai Prasad |
| Greeks.live | Mar 1, 2023 | | Series pre-A | DeFi | Crypto Options Platform | | | | Deribit, BIT Crypto Exchange, NGC Ventures |
| Thetanuts | Mar 2, 2022 | $18m | Seed | DeFi | Structured products | 3AC, Deribit, QCP Capital, Jump Crypto | | | DeFi Capital, GoldenTree, Borderless Capital, Tribe Capital, Hyperchain Capital, Mirana Ventures, Crypto.com Capital, Comma Ventures, Raptor Capital, MEXC, Wintermute Ventures, GSR, Algorand Foundation, Avocado Guild, GFC, Ledger Prime, Genesis, Paradigm, WOO Network |
| Horizen Labs | Aug 10, 2021 | $7m | Seed | | Horizen Labs is a technology company that enables businesses to build secure distributed ledger solutions. | | | | Artist Capital Management, Deribit, Deus, DCG, Kenetic, Liberty City Ventures, LionTree, Sound Ventures |
