Raises

Wintermute Ventures

Total Investments55

Infrastructure14

DeFi14

Trading4

L13

Centralized Exchange2

RWA2

Payments2

Wallet1

Information services digital assets1

Stablecoin1

AI1

DAO infrastructure1

Banking1

DePIN1

NFT1

L21

Social Platform1

NameRoundCategoryDescriptionLead InvestorChainsOther Investors
UnblockPay30 Apr 2026$4.5mSeedPaymentsUnblockPay, a Brazil-founded stablecoin-native banking and payments platformPrelude
Plug and Play, Wintermute Ventures, Reverie, Signature Ventures, Crescera Capital, Triaxis Capital
Crossover Markets04 Mar 2026$31mSeries BTradingCrossover Markets is a digital asset trading technology firm providing institutional liquidity infrastructure for crypto spot and derivatives markets. Its ECN, CROSSx, separates execution from custody and brokerage, allowing institutions to select their own credit counterparties without the platform holding client fundsTradeweb$200m
DRW Venture Capital, Ripple Labs, Virtual Financial, Illuminate Financial, Wintermute Ventures, XTX Markets
Tenbin Labs27 Jan 2026$7.1mSeedRWATenbin Labs is a tokenized asset protocol building institutional-grade commodities and FX markets using CME futures rather than custody-based wrappers. It offers real-time pricing, instant fee-free minting and redemption, and passes futures basis yield to token holders, starting with tokenized gold and later high-yield emerging-market FX tokensGalaxy Digital
Wintermute Ventures, GSR, Archetype, Variant Fund, JPEG Trading, FalconX, Nascent, Reverie, Bankless Ventures, Primitive Ventures, Alpen, Fenbushi Capital, Uniswap Labs Ventures
Ostium Labs03 Dec 2025$20mSeries ADeFiOstium is a decentralized perpetuals exchange for real-world assets such as commodities, forex, and stocks. It enables on-chain trading of perpetual futures with sub-second price updates, allowing users to take leveraged positions without expiry as long as margin requirements are metGeneral Catalyst, Jump Trading$250m
Coinbase Ventures, Wintermute Ventures, GSR
Pave Bank23 Oct 2025$39mSeries ABankingPave Bank is a programmable bank that lets businesses transact in stablecoins, CBDCs, and tokenized real-world assets through a regulated, secure platform. It enables custom banking workflows and automation, bridging traditional finance with digital assetsAccel
Wintermute Ventures, Tether, Quona Capital
BULK24 Sep 2025$8mSeedDeFiBULK is a high‑performance perpetuals DEX built on Solana that offers lightning-fast settlementRobot Ventures, 6th Man Ventures
Logo of Solana
Chapter One, Mirana Ventures, Wintermute Ventures, Big Brain Holdings, Anatoly Yakovenko
Inversion Capital08 Sep 2025$26.5mSeedRWAInversion 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 transformationDragonfly Capital
Logo of Avalanche
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
Turnkey09 Jun 2025$30mSeries BInfrastructureTurnkey is a crypto infrastructure startup focused on providing secure, flexible, and scalable wallet infrastructure for cryptocurrency applicationsBain Capital Crypto
Sequoia Capital, Lightspeed Faction, Galaxy, Variant Fund, Wintermute Ventures
3Jane04 Jun 2025$5.2mSeedDeFi3Jane is a decentralized finance (DeFi) protocol built on Ethereum’s Base layer, designed to create the first scalable credit-based money market in the crypto space.Paradigm
Logo of Base
Wintermute Ventures, Coinbase Ventures, Breed VC, Robot Ventures, Bodhi Ventures, Andre Cronje
Codex04 Apr 2025$15.8mSeedL1 a startup that’s building its own blockchain designed specifically for stablecoins,Dragonfly Capital
Selini Capital, Coinbase Ventures, Wintermute Ventures, Circle Ventures, Cumberland DRW
DoubleZero06 Mar 2025$28mDePIN Multicoin Capital, Dragonfly Capital$400m
Anagram, Rubik Ventures, DBA, Reciprocal Ventures, Foundation Capital, Borderless Capital, Frictionless Capital, MH Ventures, Standard Crypto, Crucible Captial, Delphi Digital, Wintermute Ventures, GSR, RockawayX, Paper Ventures
Blum12 Feb 2025$5mPre-Seed & SeedTradingcrypto trading app for buying and trading any coin on the marketgumi Crypto Capital
YZi Labs, The Spartan Group, No Limit Holdings, The Open Platform, OKX Ventures, Bitscale Capital, Wintermute Ventures
Dfns14 Jan 2025$16mSeries AWalletA leading Wallets-as-a-Service (WaaS) platform for digital assetsFurther Ventures
Motier Ventures, Wintermute Ventures, Motive Partners, White Star Capital, BPI France, Hashed, Semantic, Techstars
Usual23 Dec 2024$10mSeries ADeFiThe Usual protocol is a decentralized finance framework centered around USD0, a stablecoin designed as a liquid deposit token. It embodies the principle of redistributing value generated by users through a revenue-based token, USUAL. This approach enables users to access yields while simultaneously gaining exposure to the protocol’s growth and long-term success.Binance Labs, Kraken Ventures
Logo of Ethereum
Galaxy Digital, OKX Ventures, Coinbase Ventures, Wintermute Ventures, Echo, IOSG Ventures, Fasanara Digital Ventures, Symbolic Capital, Amber Group, GSR, Psalion, Hypershere, Avid3, FunFair Ventures, LeadBlock Partners, White Loop Capital, PHAEDRUS, Krypital Group, JPEG Trading, M^0
Lens18 Dec 2024$31mStrategicSocial PlatformThe fastest, lowest-cost Ethereum network powering social and financeLightspeed Faction
Circle Ventures, ConsenSys Ventures, Avail, Fabric Ventures, Foresight Ventures, Digital Finance Group, G-20 Group, Re7 Captial, Wintermute Ventures, Borderless Capital, Alchemy Ventures, Superscrypt , Caliber Ventures, Blockchain Coinvestors, Bodhi Ventures
Hyperbolic10 Dec 2024$12mSeries AAIHyperbolic is an AI cloud platform that unites global compute resources to provide accessible, affordable, and scalable GPU resources and AI servicesVariant, Polychain Capital
Lightspeed Faction, GSR, Bankless Ventures, IOSG Ventures, Chapter One, Vertex Ventures, Blockchain Builders Fund, Wintermute Ventures, Alumni Ventures, Ambush
Noble19 Nov 2024$15mSeries AL1an asset issuance appchainParadigm
Logo of Cosmos
Polychain Capital, Foresight Ventures, Wintermute Ventures, Informal Systems
Notabene12 Nov 2024$14.5mSeries BInfrastructureCrypto AML specialistDRW Venture Capital
Y Combinator, CMT Digital, Jump Capital, Wintermute Ventures, ParaFi Capital, Apollo Capital, Nextblock, F Prime, Green Visor Capital, Illuminate Financial, Signature Ventures
Karpatkey22 Oct 2024$7mDAO infrastructurekarpatkey, a leading provider of onchain treasury management solutions for DAOs and financial institutions
AppWorks, Wintermute Ventures, Borderless Capital, Thanefield Capital, Stake Capital, Saison Capital, Zeal Capital, G20 Ventures, Stani Kulechov, Mark Zeller
Stork22 Aug 2024$4mSeedInfrastructureOpen Data Market protocol
Lattice, Faction Ventures, CMS Holdings, Wintermute Ventures
Chaos Labs15 Aug 2024$55mSeries AInfrastructureenhancing onchain economic security through innovative risk management solutionsHaun Ventures
Logo of Ethereum
Lightspeed Faction, F-Prime Capital, Wintermute Ventures, Galaxy, PayPal Ventures, Slow Ventures, The Spartan Group
Andrena07 Aug 2024$18mSeries A+decentralized physical infrastructure network (DePIN) protocol aimed at providing decentralized internet servicesDragonfly.
Logo of Solana
CMT Digital, Castle Island Ventures, Wintermute Ventures, ParaFi Capital, 6th Man Ventures
Router Protocol19 Jun 2024Strategic InfrastructureSecure, Scalable, Modular, Composable Framework for Cross-chain Interoperability
Keone Hon, Anurag Arjun, Amrit Kumar, Aniket Jindal, Zaki Manian, Parker Jou, Amitej Gajjala, Ravindra Kumar, Ajit Tripathi, Gokul Rajaram, Surojit Chatterjee, Wintermute Ventures, Woodstock, DeFi Capital, Crypto Banter, Raven, Luganodes