Fundraising Fox

Department of XYZ

Venture capital

Pre-Seed–Series A

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Investment thesis

Department of XYZ positions itself as a new type of fund led by a network of experts bridging government, technology, and innovation to redefine finance. It partners with early-stage founders transforming the financial sector, particularly in areas like crypto and stablecoins, offering both capital and deep regulatory expertise. The firm frames regulatory complexity as an opportunity, helping founders navigate compliance and turn obstacles into competitive advantages in a shifting global regulatory landscape.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Instruments
Equity
Founded
2022
Last 12 months
2 investments
Tracked investments
27

What they invest in

from 22 of 27 portfolio companies

Crypto & Web3 Γ—18Fintech Γ—18Data & Infrastructure Γ—5AI & Machine Learning Γ—3Cybersecurity Γ—2Enterprise Software Γ—2SaaS Γ—2Cloud Computing Γ—1

HQs:United StatesΓ—4CanadaΓ—1European UnionΓ—1

Investments Β· 27 tracked

founders shown can be your intro path

By year:2025 Β· 22024 Β· 13 dated

Alfredalfredpay.ioin𝕏

Alfred builds payment infrastructure that connects stablecoins to local banking systems across Latin America, aimed at businesses making cross-border payments.

Crypto & Web3FintechSaaS

Co-investorsDigital Currency GroupF-Prime Capital PartnersRayo Capital GroupVenture Dept.White Star Capital

Birdaibirdai.xyz

Birdai builds tools to measure, verify, and recover value lost between an order and its fill on onchain markets, using a single metric (Ξ²) to quantify execution quality.

Crypto & Web3Data & InfrastructureFintech

Kevin FarrellyGreg ScanlonJames McClain

Co-investorsMetalayerVenture Dept.

Bridgebridge.xyzin𝕏

Bridge is a stablecoin platform that enables businesses to receive, store, convert, issue, and spend stablecoins for global money movement.

Crypto & Web3Fintech

Co-investors1confirmationArtisanal VenturesCoinbase VenturesFirebolt Ventures Management Company, LlcHaun VenturesLigature VC+7 more

Circuit

Fast digital asset recovery to remove counterparty risk.

Circuitprotectcircuitprotect.comin𝕏

Circuit is a security response platform that automatically transfers digital assets to safe vaults when wallet keys are compromised, lost, or infrastructure fails, serving cryptocurrency institutions and custodians.

Crypto & Web3Cybersecurity

Co-investorsVenture Dept.

DPM Labs

Decentralized prediction markets for objective information.

Etherfuseetherfuse.comin𝕏

Etherfuse offers tokenised sovereign bonds (CETES, Tesouros, US Treasuries, Eurobonds, GILTs) for corporate float, treasury allocation, and yield, plus USD-MXN conversion with instant settlement and government-backed collateral for cross-border payments.

Crypto & Web3Fintech

Co-investorsNIVVenture Dept.White Star Capital

Fissionfission.xyz

Co-investorsLattice CapitalVenture Dept.

Flyraflyra.com

Flyra offers FlyraOS, a programmable stablecoin-native ledger that lets platforms launch global financial products such as remittance, wallets, cards, credit, and rewards on a single system of record with built-in AI agents.

AI & Machine LearningCrypto & Web3Fintech

Co-investorsBlockwallVenture Dept.

Mountain Protocolmountainprotocol.comin𝕏

Mountain Protocol provides a stablecoin (USDM) with transparent backing to underlying assets and regulatory partnerships for institutional clients.

Crypto & Web3Fintech

Co-investorsCoinbase VenturesVenture Dept.

Multiliquidmultiliquid.xyzin𝕏

Multiliquid operates a settlement protocol for tokenized finance, enabling atomic swaps between real-world assets and stablecoins based on Net Asset Value with 24/7 availability and zero slippage.

Crypto & Web3Data & InfrastructureFintech

Co-investorsGenerative VenturesMetalayerVenture Dept.

Omniaomnia.financial

Omnia provides software and services to help banks issue and operate stablecoins, with expertise in payments, compliance, and regulatory risk management.

Crypto & Web3Fintech

Co-investorsVenture Dept.

Opacityopacity.networkin𝕏Mar 2024

Opacity provides infrastructure for issuing compliant financial products with global distribution and liquidity through decentralized finance integration, targeting capital markets participants.

Crypto & Web3FintechNew York, US

Andrew Bledsoe(Executive Officer)

BoardAaron Marz(Director)Hersh Patel(Director)

Co-investorsArchetypeEv3 Ventures LlcGD1Inception Capital (ex OP Crypto)Marin Digital VenturesNIV+2 more

Predicate

Network for setting customizable onchain participation rules and simplifying transaction prerequisites.

Predicate Decentralisedpredicate.ioin𝕏

Predicate provides an asset compliance platform for onchain finance, letting institutions embed regulatory and risk policies directly into the smart contract layer.

Crypto & Web3CybersecurityFintech

Nikhil Raghuveera(Founder)in

Co-investors1k(x)1kxFigmentReciprocal VenturesVenture Dept.White Star Capital

Rhythmicrhythmic.io

Rhythmic provides a branded financial platform that enables companies to offer rewards-based payment cards and financial services to their customers.

FintechSaaS

Co-investorsMirana VenturesVenture Dept.

RWA.xyz Analytics on Real-World Assetsrwa.xyz𝕏

Franklin Templeton, a global investment management organization, has developed Benji, a retail mobile app and institutional web app for browsing and investing in tokenized securities and cryptocurrencies.

Crypto & Web3Data & InfrastructureFintech

Adam Lawrence(Founder)in

Co-investorsArchetypeBreedGateCap VenturesNascentVenture Dept.Rainfall Ventures

Squidsquidrouter.com𝕏

Squid is a cross-chain platform that lets users swap, bridge, and route tokens across 100+ blockchains and 20,000+ tokens in a single transaction, powered by an intent-based routing and execution engine.

Crypto & Web3Data & InfrastructureDeveloper Tools

Co-investorsBorderless VentureBreedChapter OneMaelstromNode CapitalVenture Dept.+4 more

StableSeastablesea.xyzin𝕏

Stable Sea provides stablecoin offramping infrastructure that lets businesses programmatically convert stablecoins into local fiat across global markets, with a focus on liquidity, payout efficiency, and regulatory compliance.

Crypto & Web3Enterprise SoftwareFintech

Co-investorsKindred VenturesVenture Dept.DFS Lab

Superstatesuperstate.coin𝕏

Superstate operates a tokenization platform (FundOS) that lets asset managers tokenize private funds, mutual funds, and ETFs, connecting securities with crypto capital markets for 24/7 onchain trading, settlement, and DeFi use cases.

Crypto & Web3Fintech

Co-investors1k(x)1kxArrington CapitalNascentParaFi CapitalVenture Dept.+1 more

Taretare.io𝕏

Tare reduces excess fees in the consumer lending industry by providing a platform designed to save lenders significant operational costs.

Fintech

Co-investorsVenture Dept.

Tasker AItasker.aiin𝕏

Tasker AI is an AI assistant that handles complex work and personal tasks through multi-step execution from a single user command.

AI & Machine LearningEnterprise SoftwareSan Francisco, US

Ahmed AJ(Founder)in

Co-investorsEx/AnteUDHCVenture Dept.Y Combinator

Tokenwaytokenway.io

DLTBridge provides API infrastructure for banks to issue and settle digital securities across European distributed ledger technology venues without building separate integrations.

Cloud ComputingFintech

Co-investorsVenture Dept.

Valinor Digitalvalinordigital.comOct 2025

Valinor is a credit institution building infrastructure for "Open Credit," aiming to connect traditional credit markets with onchain finance.

Crypto & Web3FintechNew York, US

Lily Yarborough(Executive Officer, Director, Promoter)inConnor Dougherty(Executive Officer, Director, Promoter)in

BoardSean Judge(Director)Nazar Khan(Director)

Co-investorsMaven 11Venture Dept.

xTAOxtao.coin𝕏Nov 2025

xTAO operates infrastructure on the Bittensor decentralized AI network, generating revenue through validator operations, staking rewards, and API licensing while holding TAO tokens as treasury assets.

AI & Machine LearningCrypto & Web3Data & InfrastructureGrand Cayman, CA

Kelly Pladson(Executive Officer)Karia Samaroo(Executive Officer, Director)Victor Teixeira(Executive Officer)

BoardKen Miyachi(Director)Mitchell Demeter(Director)

Co-investorsDigital Currency GroupGenerative VenturesVenture Dept.

Xweave

Cross-border payments with no pre-funding.

XWeave Decentralisedxweave.ioin

Xweave provides real-time cross-border payment infrastructure for financial institutions, remittance businesses, and corporates using a network of regulated virtual asset service providers and stablecoins.

Crypto & Web3Fintech

Milind Sanghavi(Founder)in

Co-investorsDigital Currency GroupJungle VenturesVenture Dept.White Star Capital

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Department of XYZ made?
Department of XYZ has 27 tracked investments, including 2 dated in the last 24 months.
What stage does Department of XYZ invest at?
Department of XYZ invests at the Pre-Seed, Seed, Series A stages.
What sectors does Department of XYZ focus on?
Department of XYZ focuses on AI & Machine Learning, Crypto & Web3, Fintech.
Who does Department of XYZ co-invest with?
Department of XYZ most often shares deals with Venture Dept., White Star Capital, Digital Currency Group, among 44 tracked co-investors.

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