| Paxos Labs | Apr 14, 2026 | $12m | | Stablecoin | Paxos Labs is an on-chain finance platform offering Amplify, a unified SDK for integrating yield, crypto-backed lending, and stablecoin issuance. It provides modular services (Earn, Borrow, Mint) while handling liquidity, risk, and compliance for enterprise clients. | Blockchain Capital | | | Robot Ventures, Maelstrom, Uniswap Labs Ventures |
| Oh | Apr 8, 2026 | $7.5m | Series A | AI | Oh is a Web3 AI platform focused on decentralized generative AI models and applications. It includes OhChat for interactive AI characters and uses the $OH token for governance and utility within its ecosystem | Maven 11 | | | L1 Digital, Hashed, Auros Global, Maelstrom, Cadenza Ventures, Cyber Fund, Kosmos Ventures, Tangent Ventures |
| Zcash Open Development Lab | Mar 9, 2026 | $25m | Seed | Infrastructure | Zcash Open Development Lab develops core protocol infrastructure and user-facing tools for the Zcash privacy cryptocurrency. Its main product, the Zodl wallet, provides a self-custodial platform designed to expand usability and interoperability across the Zcash ecosystem | | | | Paradigm, a16z crypto, Winklevoss Capital, Coinbase Ventures, Maelstrom, Chapter One, Cypherpunk Holdings Inc |
| River | Jan 23, 2026 | $12m | Strategic | DeFi | River is building the first chain-abstraction stablecoin system that connects liquidity across ecosystems and channels it into new growth opportunities. Powered by the omni-CDP stablecoin satUSD, River allows users to collateralize assets on one chain and mint on another — natively earning, leveraging, and scaling across networks | Justin Sun, TRON DAO | | | Maelstrom, The Spartan Group |
| Neuramint | Jan 12, 2026 | $5m | Seed | AI | NeuraMint is a Web3-native AI agent and tokenization platform that lets developers deploy and manage autonomous AI agents on-chain. It enables AI models, agents, and data outputs to be tokenized as programmable assets with ownership, revenue sharing, and DeFi composability | | | | Maelstrom, Borderless Capital, Selini Capital, Symbolic Capital, Lattice Capital, Node Capital |
| River | Jan 6, 2026 | | Strategic | DeFi | River is building the first chain-abstraction stablecoin system that connects liquidity across ecosystems and channels it into new growth opportunities. Powered by the omni-CDP stablecoin satUSD, River allows users to collateralize assets on one chain and mint on another — natively earning, leveraging, and scaling across networks | Maelstrom | | | |
| BIO Protocol | Sep 17, 2025 | $6.9m | Seed | DeSci | BIO is a decentralized science (DeSci) protocol designed to advance biotech research through community-owned DAOs, tokenized scientific IP, and open funding channels | Maelstrom | | | Mechanism Capital, Animoca Brands, Panga Capital, Mirana Ventures, Zee Prime Capital, Foresight Ventures, Big Brain Holdings, Presto Labs, ArkStream Capital, Paramita Ventures, Sigil Fund, Breaker Dao, Public Works, Kosmos Ventures, Moonrock Capital, Polymorphic Capital, Bodhi Ventures |
| Hyperbeat | Aug 15, 2025 | $5.2m | Seed | DeFi | Hyperbeat, The Native Yield Layer of Hyperliquid | Electric Capital, ether.fi Ventures | | | Coinbase Ventures, Chapter One Ventures, Selini Capital, Maelstrom, Anchorage Digital, Node Capital, Relayer Capital, 4RC, dlab, Breed VC, Flowdesk, Heartcore Capital, MEV Capital, Luganodes, Nonce Classic, DCF God, MrBlock, Bryan Pellegrino |
| ARO Network | Jul 27, 2025 | $2.1m | Pre-Seed | DePIN | ARO Network is building a decentralized edge‑cloud platform that enables users to monetize idle internet resources (bandwidth, storage, compute) by running nodes, earning ARO tokens in the process | Dispersion Capital, No Limit Holdings | | | Maelstrom, Escape Velocity |
| Limitless | Jul 1, 2025 | $4m | Strategic | Prediction Market | Prediction market on Base | | | | Coinbase Ventures, Maelstrom, Node Capital, Punk DAO, WAGMI Ventures |
| Veda | Jun 23, 2025 | $18m | | DeFi | Veda is a leading DeFi vault platform, enabling crypto applications, asset issuers, and protocols to build consumer-grade cross chain yield products. Veda's technology is powering many of DeFi's largest vault products | CoinFund | | | Coinbase Ventures, Maelstrom, GSR, Animoca Brands, BitGo, Mantle Network, Draper Dragon, Credibly Neutral, Relayer Capital, PEER VC, Alumni Ventures, Heartcore Capital |
| Rover | May 20, 2025 | $4.1m | Seed | DeFi | Rover is a decentralized liquid staking protocol on Botanix Labs' Spiderchain, enabling Bitcoin holders to stake BTC, receive the liquid staking token rovBTC, and participate in DeFi while maintaining liquidity and earning rewards. | | | | Animoca Brands, CMS Holdings, Bloccelerate, Maelstrom, UTXO Management, Infinity Ventures Crypto, Builder Capital, RockTree Capital, Relayer Capital, Wise3 Ventures, Veil, Optic Capital, Stake Capital, WAGMI Ventures, NxGen, Zephyrus Capital, Global Coin Research, MH Ventures, Revelo Intel, Cogitent Ventures |
| Gata | Apr 30, 2025 | $4m | Seed | AI | Gata is a decentralized AI data infrastructure project | | | | YZi Labs, Maelstrom, MH Ventures, Manifold, IDG Blockchain, Anti Capital, Formless Capital, V3V Ventures, WAGMI Ventures, Echo, Dewhales Capital, Zero Seven One Labs, Gate Ventures |
| Upexi | Apr 21, 2025 | $100m | Equity | CeFi | a brand owner specializing in the development, manufacturing and distribution of consumer products and that has diversified into the cryptocurrency space | GSR | | | Delphi Digital, Big Brain Holdings, Borderless Capital, Anagram, Maelstrom, White Star Capital, Morgan Creek Digital, Delta Blockchain Fund |
| Mahojin | Mar 31, 2025 | $5m | Seed | AI | Mahojin is a Web3-powered AI image remix platform | a16z crypto, Maelstrom | | | WAGMI Ventures, Han Bridge Capital |
| Primus Labs (prev. PADO) | Feb 20, 2025 | $6.5m | Seed | Zero Knowledge Industry | Primus Labs, formerly known as PADO, is a cryptographic infrastructure platform dedicated to enhancing data interoperability between Web2 and Web3 systems | Dispersion Capital, VanEck, Symbolic Capital | | | Samsung Next, Maelstrom, Alchemy, Welara, Blockchain Builders Fund, Modular Capital, Karatage, Amber Group, Mozaik Capital, Initial Capital, Arweave SCP Ventures, SNZ Holding, Hash Global, Legend Star |
| Perena | Dec 11, 2024 | | Pre-Seed | Stablecoin | Decentralized stablecoin infrastructure | Borderless Capital | | | Binance Labs, Anagram, Maelstrom, Primitive Ventures, Breed VC, SevenX Ventures, ABCDE, Pivot Global, Miton, Graph Ventures, Temporal |
| Neptune Protocol | Dec 10, 2024 | $3.9m | Seed | DeFi | Neptune Protocol is a decentralized borrowing platform native to the Eclipse ecosystem, powered by the Solana Virtual Machine (SVM) | | | | Animoca Brands, CMS Holdings, Maelstrom, Infinity Ventures Crypto, Builder Capital, Bloccelerate, Wise3 Ventures, RockTree Capital, Veil, Stake Capital, Optic Capital, Relayer Capital, WAGMI Ventures, NxGen, Zephyrus Capital, Cogitent Ventures, Global Coin Research, Revelo Intel, MH Ventures, Meltem Demirors |
| Magma | Oct 30, 2024 | $3.9m | Seed | DeFi | Liquid staking on Monad and restaking with Ether | | | | Bloccelerate, Animoca Brands, CMS Holdings, Maelstrom, Builder Capital, Veil, Infinity Ventures Crypto, Wise3 Ventures, RockTree Capital, Stake Capital, Relayer Capital |
| Fluid Protocol | Oct 23, 2024 | $3.9m | Seed | DeFi | Fluid Protocol's $USDF is the native decentralized stablecoin for Fuel Network | | | | Animoca Brands, CMS Holdings, Bloccelerate, Infinity Ventures Crypto, Maelstrom, Builder Capital, RockTree Capital, Wise3 Capital, Relayer Capital, Stake Capital, WAGMI Ventures, NxGen Capital, Zephyrus Capital, Global Coin Research |
| Drift | Sep 19, 2024 | $25m | Series B | DeFi | The home of on-chain trading on Solana. Trade. Earn. Predict | Multicoin Capital | | | Blockchain Capital, Primitive Ventures, Maelstrom, Folius Ventures |
| Solayer | Aug 27, 2024 | $12m | Seed | Liquid Restaking Protocol | Restaking network on Solana | Polychain Capital, Hack VC | $80m | | Binance Labs, Maelstrom, Big Brain Holdings, Nomad Capital, ABCDE, Finality Capital Partners, Road Capital, Wormhole Crosschain Ecosystem Fund, Borderless Capital, Race Capital, Lyna Capital, Bitscale Capital |
| BSX | Aug 21, 2024 | $4m | Seed | DeFi | DeFi derivatives protocol built on Base | Blockchain Capital | | | Bankless Ventures, NoLimit Holdings, Cadenza Ventures, Breed VC, Maelstrom, Zach Segal, Tommy Shaughnessy, Isaiah Washington |
| GenLayer | Aug 20, 2024 | $7.5m | Seed | AI | AI-Powered Blockchai | North Island Ventures | | | Node Capital, Arrington Capital, ZK Ventures, WAGMI Ventures, Blockbuilders, Maelstrom, MH Ventures |
| Ion Protocol | Aug 12, 2024 | $4.8m | | DeFi | liquidity protocol for staked and restaked assets | Gumi Cryptos Capital | | | Portal Ventures, SevenX Ventures, Bankless Ventures, Finality Capital Partners, Manifold, Robot Ventures, Maelstrom, NGC Ventures, Collider, Breed VC, Amir Forouzani, Azeem Khan, Mike Sligadze, Smokey The Bera, Chris Tham, Kratik Lodha, Daniel Dizon, Verity Coltman, Richard Malone |
| Etherfuse | Jul 20, 2024 | $3m | Seed | RWA | RWA tokenization platform | White Star Capital, North Island Ventures | $12.5m | | Stellar Development Foundation, FunFair Ventures, Department of XYZ, Anna Yuan, Alice Ann Schwartz, Luganodes, Pendle, LayerZero, Kyber Network, Stakestone, Ether.fi, Renzo, Elixir Capital, Merit Circle, Kelp, Pumpbtc, Ankr, Hashflow, Galxe, Parallel, RockX, Axelar, Signum Capital, Bloq, Maelstrom, Symbolic Capital, RockTree Capital, Borderless Capital, F2Pool, Nonce Classic, Gate.io, Arcanum Capital, Wormhole Crosschain Ecosystem Fund |
| Term Finance | Jul 9, 2024 | $5.5m | Strategic | DeFi | on-chain fixed-rate lending protocol | Electric Capital | | | Maelstrom, Arete Capital, Delta Blockchain Fund, Inception Capital, Blizzard Fund, Will Price, eric.eth, Mike Silagadze, Rok Kopp, Mckenna, Danish Chaudhry, Defi Dad, Nomatic, Joe Takayama, Steve Lee |
| Elixir Protocol | Mar 12, 2024 | $8m | Series B | DEX | decentralized, algorithmic market making protocol | Mysten Labs, Maelstrom | $800m | | Arthur Hayes, Manifold, GSR, Amber Group, Flowdesk |
| INIT Capital | Feb 21, 2024 | $3.1m | Seed | DeFi | Building Liquidity Hook Money Market | Electric Capital, Mirana Ventures | | | Maelstrom, Robot Ventures, Nomad Capital, Tangent, Bankless Ventures, Selini Capital, Faction Ventures, Julian Koh, leptokurtic, Tai Panich, David Choi, Ashwin Ramachandran |
| Ethena | Feb 16, 2024 | $14m | Strategic | DeFi | startup developing the first-ever ‘internet bond’ and a new Ethereum-based stablecoin secured by derivatives | Dragonfly Capital, Maelstrom | $300m | | |
| Squid | Jan 31, 2024 | $4m | Strategic | DEX | secure cross-chain router that enables interoperability between blockchains and apps | Polychain Capital | | | Nomad Capital, North Island Ventures, Maelstrom, Chorus One Ventures, The Department of XYZ, Breed VC, Binary Builders, Typhon Ventures, Distributed Global, Fabric Ventures, Node Capital, Chapter One |
| Hyperline | Jan 24, 2024 | $5.2m | Seed | | Web3 Data Lakehouse | Slow Ventures | | | South Park Commons, Script Capital, Canonical Crypto, Volt Capital, Picus Capital, Mischief, Maelstrom |
| Rio Network | Dec 18, 2023 | | Seed | | Liquid Restaking Network | Polychain Capital, Blockchain Capital, Breyer Capital | | | Archetype, Blockchain Coinvestors, Coinbase Ventures, Chorus One Ventures, Coinsummer, Fenbushi Capital, Finality Capital Partners, Hack VC, Hash3, Hashkey Capital, Maelstrom, Mirana Ventures, NGC Ventures, Proofgroup, Reciprocal Ventures, Robot Ventures, Rubik Ventures, SNZ Holding, Stake Capital, Tangent, Alex Crowe, Amman Bhasin, Brian Tubergen, Clayton Menzel, David Gan, Eric Wall, Jai Bhavnani, James Prestwich, Jason Yanowitz, John Adler, John Zettler, Ken O'Friel, Matt Jobbe Duval, Matt Luongo, Michael Ippolito, Mike Neuder, Mirko Schmiedl, Mustafa Yilham, Pranay Mohan, Rob Witoff, Smokey, Will Wolf, Xinsu Dong |
| D3 Global | Sep 5, 2023 | $5m | | Digital Identity | DNS Domains For Web3 | Shima Capital | | | Maelstrom, Lightshift, Dispersion Capital, VentureSouq, Infinite Capital, Paul Stahura |
| Aethir | Jul 26, 2023 | | pre-Series A | Infrastructure | decentralized cloud network for gaming & AI | Sanctor Capital, HashKey Capital, Merit Circle, CitzenX | $150m | | Maelstrom, Mirana Ventures, Animoca Brands |
| 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 |
| Ion Protocol | Jul 13, 2023 | $2m | Pre-Seed | DeFi | CDPs for restaked assets | Portal Ventures, SevenX Ventures | | | Bankless Ventures, Maelstrom, Alexander Larsen, Ryan Watkins, Hash Capital, Foresight Ventures, Smrti Labs, Maelstrom Fund, Breed VC, Everstake Pool, Punk Ventures DAO, Builder VC, Picks and Shovels VC, Marc Weinstein, Anthony Sassano, Daniel Dizion, Catrina Wang, Defi Dave, David Gogel, Paul Kim, Ryan Selkis, Yuki Yuminaga, Daniel Cheung, Wilson Withiam, Jack Sun, Ahboyash |
