Fundraising Fox

Ascensive Assets

Venture capital

Seoul Β· Pre-Seed–Series A Β· 3 people tracked

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Investment thesis

Ascensive Assets is an early-stage venture fund focused on the blockchain and Web3 ecosystem. It backs ambitious founders building the next generation of blockchain-enabled technology, seeking projects aligned with its vision for the future of open finance, self-sovereign data, and Web3 gaming. Beyond providing capital, the firm emphasizes adding tangible value to the companies it supports.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$1.2M – $9M
HQ
Seoul, KR
Instruments
Equity
Founded
2018
Tracked investments
28

Team Β· 3 people

from the firm's website

What they invest in

from 9 of 28 portfolio companies

Crypto & Web3 Γ—7Data & Infrastructure Γ—4Fintech Γ—3Gaming Γ—3AI & Machine Learning Γ—2Consumer Γ—1Developer Tools Γ—1Enterprise Software Γ—1

HQs:United StatesΓ—3

Investments Β· 28 tracked

founders shown can be your intro path
Ambire Wallet
Amihan Entertainment
Ather Digital
Auroryaurory.ioin𝕏

Aurory is a video game studio that develops and produces its own games, with a team drawn from studios such as Ubisoft, EA, and Gameloft.

Gaming

Co-investorsGenblock CapitalNarcissus VenturesSkyVision CapitalSolar Eco FundTriblock

BENQIbenqi.fi𝕏

BENQI is a decentralized finance protocol on the Avalanche blockchain offering liquid staking of AVAX (via sAVAX), lending and borrowing of crypto assets, and tools for bootstrapping validators.

Crypto & Web3Fintech

Co-investorsArrington CapitalDragonflyGenblock CapitalKane & Rao GroupMC Ventures (Muhabbit Capital)Metastable+2 more

Blocklords
BreederDAO

Philippines-based manufacturer of NFT game assets, breeding and crafting characters and items for play-to-earn games and guilds.

Co-investorsEmooteMentha Partners

Bware Labsbwarelabs.comAcquired

Romanian Web3 infrastructure company providing multichain blockchain node APIs and validator services; acquired by Alchemy in 2024.

Flavian Manea(Founder)inAlexandru Catalin Filip(Founder)in

Co-investorsWoodstock Fund

Concise Labs
Encode
EthosXethosx.financein𝕏

EthosX is a blockchain-based derivatives trading platform that connects traditional finance and crypto markets, offering perpetual options, RWAs, and exotic derivatives with high leverage and transparent on-chain settlement.

Crypto & Web3FintechClaymont, US

Deepanshu .(Founder)inSmit Patoliya(Founder)in

Co-investorsY Combinator

Float
FOAD
Frax

Builds infrastructure for stablecoins and onchain finance

Co-investorsDivergenceDragonflyElectric CapitalMetastable

Heroic Story
Itheumitheum.ioin𝕏

Itheum is building trust layers and trust frameworks positioned as public-good infrastructure, aimed at making the definition of what and who can be trusted auditable and community-governed.

AI & Machine LearningCrypto & Web3Data & Infrastructure

Co-investorsEGLD GGWoodstock FundZBS CAPITALMechanism CapitalMHC Digital FinanceMorningstar Ventures+1 more

Manifold
Mixmobmixmob.io𝕏

MixMob is a racing game where players compete in free-to-play tournaments and PVP leaderboards for rewards.

ConsumerCrypto & Web3Gaming

Co-investorsRising CapitalDeFiance Capital

OP Games
Polywrap
Rysk
Seiseinetwork.ioin𝕏

Sei is a Layer 1 blockchain designed for high-performance financial markets and digital asset trading, enabling fast onchain order books and serving global finance firms, funds, and infrastructure providers.

Crypto & Web3Data & InfrastructureFintech

Co-investorsAegis VentuesCoinbase VenturesCVP NoLimitGSRMulticoin CapitalNo Limit Holdings (NLH)

SNACKCLUB
Structure Financial
Switchboard
Switchboardswitchboard-software.comin𝕏May 2024 Β· $7.5M

Switchboard provides a data integration layer that unifies fragmented data sources into governed, AI-ready pipelines for enterprises.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSan Francisco, US

Ju-kay Kwek(Founder)Michael Manoochehri(Founder)

Co-investorsGFT VenturesQuest Venture PartnersAptos LabsArche Capital VentureBreed VCCleo Capital+8 more

Yield Guild Gamesyieldguild.io𝕏

YGG Play is a publisher of casual games built on blockchain technology, connecting game studios with players and communities in the cryptocurrency gaming space.

Crypto & Web3Gaming

Gabby Dizon(Founder)

Co-investorsA.Capital Venturesa16z cryptoAndreessen HorowitzAtelierBitkraft Esports VenturesEmfarsis+11 more

zkLinkzk.link𝕏

zkLink builds a ZK-based Aggregated Layer 3 and rollup infrastructure for Ethereum Layer 2s, letting developers deploy EVM and trading-specific zkVM applications with synchronized state across chains and access to pooled liquidity.

Crypto & Web3Data & InfrastructureDeveloper Tools

Co-investorsArrington CapitalBitDAOIlluminati CapitalMantle NetworkArrington XRP CapitalCoinbase Ventures+2 more

Frequently asked questions

How many investments has Ascensive Assets made?
Ascensive Assets has 26 tracked investments.
What stage does Ascensive Assets invest at?
Ascensive Assets invests at the Pre-Seed, Seed, Series A stages.
What is Ascensive Assets's typical check size?
Ascensive Assets typically writes checks of $1.2M – $9M.
What sectors does Ascensive Assets focus on?
Ascensive Assets focuses on Crypto & Web3, Fintech, Gaming.
Where is Ascensive Assets located?
Ascensive Assets is headquartered in Seoul, KR.
Who does Ascensive Assets co-invest with?
Ascensive Assets most often shares deals with Arrington Capital, Dragonfly, Genblock Capital, among 34 tracked co-investors.

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