| Inversion Capital | Sep 8, 2025 | $26.5m | Seed | RWA | Inversion is a crypto-native private equity firm that acquires traditional companies to integrate blockchain infrastructure, and is building a bespoke Avalanche-based Layer‑1 chain to support on-chain operational transformation | Dragonfly Capital | | | VanEck, Lightspeed Faction, ParaFi Capital, Portal Ventures, Mirana Ventures, Volt Capital, Metalayer Ventures, HashKey Capital, Race Capital, Wintermute Ventures, Moonrock Capital, Breed VC, Topology, Balaji Srinivasan, Bodhi Ventures, Lvna Capital, Escape Velocity, Folius Ventures, Comfy Capital, DCF God, Mike Dudas, Bryan Pellegrino, Jason Yanowitz |
| Shinami | Nov 20, 2024 | $5.65m | Seed | Infrastructure | The leading Move developer platform for Aptos and Sui. | | | | Race Capital, 6th Man Ventures, Mysten Labs, Aptos Foundation, Movement Labs, Coinbase Ventures, Circle Ventures |
| Nitro Labs | Oct 30, 2024 | $4m | Seed | Infrastructure | Solana scaling infrastructure developer | Lemniscap | | | Animoca Brands, Borderless Capital, Finality Capital Partners, Race Capital, No Limit Holdings |
| Huma Finance | Sep 11, 2024 | $38m | Series A | Payments | Huma Finance, a company pioneering the Payment Financing (PayFi) network | | | | Distributed Global, HashKey Capital, Folius Ventures, ParaFi Capital, Circle Ventures, Robot Ventures, Fenbushi Capital, Anagram, Hard Yaka, Stellar Development Foundation, Tibas Ventures, Race Capital |
| 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 |
| Huma Finance | Feb 23, 2023 | $9.3m | Seed | DeFi | income-backed lending protocol. | Race Capital, Distributed Global | | | ParaFi Capital, Circle Ventures, Robot Ventures, Folius Ventures |
| Ping | Nov 11, 2022 | $15m | Seed | | Freelancer-focused neobank | | | | Y Combinator, Race Capital, BlockTower Capital, Danhua Capital, Signum Capital, GOAT Capital |
| Notifi | Nov 9, 2022 | $10m | Seed | Infrastructure | Web3 messaging infrastructure | Hashed, Race Capital | | | Struck Capital, HRT Capital, Wintermute Ventures, Superscrypt |
| Martian | Oct 27, 2022 | $3m | Pre-Seed | Infrastructure | Aptos Wallet | Race Capital | | | FTX Ventures, Jump Capital, Superscrypt |
| Ottr Finance | Oct 20, 2022 | $3.1m | Pre-Seed | | self-custody crypto app | Race Capital | | | Circle Ventures, Slow Ventures, Kamal Ravikant |
| Kado | Mar 9, 2022 | $5.4m | Seed | Infrastructure | | Hashed | | | Race Capital, Circle Ventures, Collab+Currency, Republic Capital, PrimeBlock Ventures, 0x Ventures, T&G Ventures, SkyVision Capital, Lunatic Capital, Contango Digital, TPS Capital, Jason Yanowitz |
| Solend | Oct 1, 2021 | $6.5m | Seed | DeFi | DeFi borrowing and lending platform | | | | Coinbase Ventures, Dragonfly Capital, PetRock Capital, Polychain, Race Capital, Snow K, Solana Ventures |
| PolySign | May 13, 2021 | $58.49m | Series B | Infrastructure | PolySign develops secure and scalable infrastructure for financial institutions to fully leverage their digital assets. | | | | Blockchain.com Ventures, Cowen Group, PilotRock Investments, Race Capital, Sandia Holdings |
| FTX | Aug 6, 2019 | $8m | Seed | Centralized Exchange | CEX | | | | Consensus Lab, FBG Capital, Galois Capital, Kenetic Capital, Kevin Han, Lemniscap, One Block Capital, Race Capital |
| PolySign | Dec 18, 2018 | $8.2m | Series A | | PolySign develops secure and scalable infrastructure for financial institutions to fully leverage their digital assets. | Race Capital | | | |
