How many investments has Ascensive Assets made?

Ascensive Assets has 36 tracked investments, 1 of which have exited.

What stage does Ascensive Assets invest at?

Ascensive Assets invests at the Pre-Seed, Seed, Series A stages.

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.

Does Ascensive Assets lead rounds?

Ascensive Assets has led 4 of the 20 rounds where its role is on record.

Who does Ascensive Assets co-invest with?

Ascensive Assets most often shares deals with Genblock Capital, Mentha Partners, Morningstar Ventures, among 61 tracked co-investors.

Ascensive Assets

Venture capital

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

★ Follow + Add to CRM ⤳ Find an introduction

Find your way into Ascensive Assets

Paths you didn't know you had: your email and LinkedIn already hold routes to the Ascensive Assets team. We find them for you
2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict

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.

Invests inCrypto & Web3 Fintech Gaming Asia-Pacific Philippines Seoul Singapore South Korea United States

Source: firm website, verified Aug 3, 2026.

Leave your own feedback

Stage

Pre-Seed–Series A

Seoul, KR

Instruments

Equity

Founded

2018

Tracked investments

Acquisitions

Team · 3 people

from the firm's website

Alex· General Partner

A serial entrepreneur who spent 12 years building venture- and PE-backed software startups in higher education, travel, and ecommerce, completing five M&A deals and earning a 40 Under 40 award. Investing in crypto since 2017, he brings expertise in early-stage fundraising, operations, and product strategy.

Ben· Founding Partner

A former professional poker player who applied game theory and risk management to crypto trading, later joining investment DAOs such as MetaCartel before co-founding Ascensive Assets in 2018. He focuses on token economics and design, technical due diligence, and risk management.

Oliver· Founding Partner

Former high-stakes poker player who entered crypto in 2016 and spent two years as an angel investor before co-founding Ascensive Assets. He leads many of the firm's DeFi and gaming investments and supports portfolio companies with fundraising strategy, business development, and partnerships.

What they invest in

from 17 of 36 portfolio companies

Crypto & Web3 ×12Gaming ×6Fintech ×5AI & Machine Learning ×4Creator Economy ×3Data & Infrastructure ×3Consumer ×2SaaS ×2

HQs:United States×4

Who they back

founder profiles across 8 portfolio companies

38%

solo founders

3 of 8 mapped founding teams

Founding team size:solo founder×32 founders×23 founders×3

Investments · 36 tracked

founders shown can be your intro path

By year:2024 · 1 2023 · 1 2022 · 4 2021 · 814 dated

Ambireambire.com in 𝕏Dec 2021 · $2.5M

Ambire is a self-custodial Web3 wallet offered as a browser extension that supports sending, receiving, and swapping tokens along with DeFi positions, apps, and NFTs across EVM networks.

Crypto & Web3

Co-investorsLAUNCHub Ventures DAEDALUS Zee Prime Capital

Ardanaardana.orgOct 2021 · $10M

Ardana is a decentralized finance (DeFi) project on the Cardana blockchain offering a US Dollar-pegged, collateral-backed stablecoin and related primitives such as borrowing against locked collateral and stablecoin swaps.

Crypto & Web3Fintech

Ryan Matovu(Founder)in

Co-investorsTenzor Capital cFund FMFW Kronos Research Mechanism Capital Morningstar Ventures +2 more

Auroryaurory.io in 𝕏

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-investorsDigital Strategies Genblock Capital Narcissus Ventures SkyVision Capital Solar Eco Fund Triblock

BENQIbenqi.fi 𝕏Apr 2021

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

JD Gagnon(Founder)

Co-investorsArrington Capital Borderless Venture Dragonfly Genblock Capital Kane & Rao Group MC Ventures (Muhabbit Capital)+6 more

Blocklordsblocklords.com

BLOCKLORDS, a blockchain medieval strategy game by MetaKing Studios, has evolved into BLOCKLORE, a node-based AI creative canvas.

David Johansson(Founder & CEO)

Co-investors2 Punks Capital BCA Investments Bitkraft Esports Ventures Cogitent Ventures HTX Ventures (ex Huobi Ventures)Morningstar Ventures +7 more

Bware Labsbwarelabs.com inFeb 2022 · $6MAcquired

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 AVentures DAO Axia8 Ventures Blizzard Figment Hypersphere Ventures +7 more

EthosXethosx.finance in 𝕏Seed

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)in Smit Patoliya(Founder)inDeepanshu .(Founder)in

Co-investorsTaisu Ventures Upsparks Capital Y Combinator Asymmetry Ventures Cogitent Ventures DeVC +6 more

Figmentsplotdrive.com inSeedDefunct

Plotdrive is an AI-powered writing tool designed for authors to draft novels and books faster with editorial guidance that preserves their unique voice.

AI & Machine LearningCreator EconomyEnterprise SoftwareSaaSLos Angeles, US

Jay Rosenkrantz(Founder)in Scott Rosenkrantz(Co-founder \u0026 Head of Product)in

Co-investorsTRANSCEND Y Combinator BDMI DNA Capital I2BF Global Ventures mark vc +6 more

Ignite Tournamentignitetournaments.com 𝕏Jan 2021

Ignite Tournaments is a mobile app that lets content creators run esports tournaments, launch community membership tiers, deliver digital assets, and track fan participation through leaderboards.

Creator EconomyGamingSports Tech

Krystal Yang(Founder)in Tony Chen(Founder)in

Co-investorsArca Funds D1 Ventures Emoote Ghaf Capital Partners SkyVision Capital Blocktower Capital

Itheumitheum.io in 𝕏Mar 2022

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 GG Woodstock Fund ZBS CAPITAL Mechanism Capital MHC Digital Finance Morningstar Ventures +1 more

Manifold Financemanifoldfinance.comApr 2021 · $2.5M

An ETH MEV solution connecting protocols to people for DeFi opportunities.

Co-investorsMagnus Capital Marshland Capital Moonrock Capital Rarestone Capital Spark Digital Capital

Metamundometamundo.co 𝕏Dec 2021 · $2.7M

Metamundo builds a platform for creating, owning, and using AI-powered 3D characters designed to be interactive, decentralized, and interoperable.

AI & Machine LearningConsumerCrypto & Web3

Co-investorsDigital Currency Group LucidBlue Ventures Red Beard Ventures Animoca Brands Cryptomeria Capital D1 Ventures +4 more

MetaverseGometaversego.gg 𝕏Aug 2022

C168 (C168.COM) is an online gambling platform offering live casino, fish shooting games, slots, cockfighting, sports betting, and lottery to bettors, primarily in the Vietnamese and broader Asian market.

Gaming

Co-investorsCrit Ventures Emoote Akatsuki Bitscale Capital BreederDAO Dragonfly +5 more

MixMobmixmob.io 𝕏Feb 2022 · $7M

MixMob operates a gaming universe centered around MixMob: Racer 1, a multiplayer card strategy racing game where players compete, earn in-game currency, and participate in tournaments.

ConsumerCreator EconomyCrypto & Web3Gaming

Simon Vieira in

Co-investorsRising Capital DeFiance Capital IOSG Ventures Not3Lau Capital

Ojamuojamuai.com 𝕏Oct 2021 · $1.7M

Ojamu is a Web3 B2B platform that uses AI and machine learning to give brands automated marketing solutions, insights, and real-time blockchain data recommendations across NFT, blockchain gaming, and metaverse ecosystems.

AI & Machine LearningCrypto & Web3Marketing Tech

Co-investorsTransform Ventures Chain Capital Master Ventures Moonrock Capital Morningstar Ventures Protocol Ventures +3 more

OP GAMESopgames.org 𝕏

OP Games is a publishing platform that supports indie game developers by providing funding, equity, promotion, and tools to create games using blockchain and decentralized technologies.

Crypto & Web3GamingMarketplaces

Paul Gadi in Chase Freo inGabby Dizon

Co-investorsBerkeley Blockchain Xcelerator Cointelligence Fund Digital Finance Group Digital Strategies Genblock Capital LD Capital +2 more

Seiseinetwork.io in 𝕏

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

Jeff Feng(Founder)Jayendra Jog(Founder)Jeffrey Feng(Founder)

Co-investorsAegis Ventues Circle Ventures Coinbase Ventures CVP NoLimit GSR Multicoin Capital +12 more

SolRazrsolrazr.comSep 2021 · $1.5M

No-code launch platform for Solana ecosystem projects seeking capital and rapid development.

Co-investorsGenblock Capital Kane & Rao Group Youbi Capital Divergence Moonrock Capital Morningstar Ventures

Switchboardswitchboardinsure.comMay 2024 · $7.5M

Switchboard is a commercial insurance brokerage that uses carrier-matching technology, paired with experienced brokers, to find and compare coverage options across hundreds of standard, specialty, and wholesale carriers.

FintechInsurTechSaaS

Co-investorsGutter Capital Aptos Labs Arche Capital Venture Breed VC Cleo Capital New World Angels +7 more

Yield Guild Gamesyieldguild.io 𝕏

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)inBeryl Li(Founder)

Co-investorsA.Capital Ventures a16z crypto Andreessen Horowitz Atelier Bitkraft Esports Ventures Blockchain Capital +19 more

zkLinkzk.link 𝕏May 2023 · $10M

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

Vince Yang(Founder)

Co-investorsArrington Capital BitDAO D11-Labs HTX Ventures (ex Huobi Ventures)Illuminati Capital Mantle Network +6 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Amihan EntertainmentAther DigitalBreederDAOConcise LabsEncodeFloatFOADFraxHeroic StoryManifoldPolywrapRyskSNACKCLUBStructure Financial

Frequently asked questions

How many investments has Ascensive Assets made?: Ascensive Assets has 36 tracked investments, 1 of which have exited.
What stage does Ascensive Assets invest at?: Ascensive Assets invests at the Pre-Seed, Seed, Series A stages.
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.
Does Ascensive Assets lead rounds?: Ascensive Assets has led 4 of the 20 rounds where its role is on record.
Who does Ascensive Assets co-invest with?: Ascensive Assets most often shares deals with Genblock Capital, Mentha Partners, Morningstar Ventures, among 61 tracked co-investors.

Images

Similar investors

Sky9 Capital

Sky9 Capital is a global venture capital firm that invests in founders from early stage through growth, backing companies in transformative, category-defining areas.

$1M – $10M

SL2 Capital

SL2 Capital is a venture firm focused on Web 3.0, backing mission-driven founders across all stages and sectors and providing capital alongside strategic guidance.

Crush Ventures

Crush Ventures is an early-stage investment firm backing companies building technology and brands aimed at influencing pop culture, leveraging the resources and talent network of Crush Music.

$100K – $1M

Expansion Venture Capital

Expansion Venture Capital is an entrepreneur-led venture capital firm that invests early in founders building technology companies, providing both financial and operational support.

$100K – $2M

Practica Capital

Practica Capital is an early-stage venture capital fund focused on backing founders in the Baltic States, investing at pre-seed, seed, and Series A stages.

$324K – $3.2M