Faction — Full Portfolio

Ammalgam is a decentralized lending exchange (DLEX) that combines trading and lending in a single DeFi protocol, letting users lend, trade, and leverage any asset without oracles through Dual Purpose Pools.

Crypto & Web3Fintech

Co-investorsHyperithmMarin Digital Ventures

Blaze provides a platform that monitors online signals to identify and target potential customers at the moment they demonstrate purchase intent, using AI-powered automation.

Enterprise SoftwareSaaSSan Francisco, US

Lauren Rothwell(Founder)inChirag Mahapatra(Founder)in

Co-investorsBling CapitalDigital Currency GroupTRAC (Third Round Analytics Capital)Y CombinatorAct One Ventures

Blockskye provides a corporate travel management platform that combines booking (via a KAYAK for Business partnership), direct payment and settlement, and expense automation for enterprises.

FintechSaaSTravel & Hospitality

Coinflow provides global payment processing infrastructure enabling businesses to accept payments, settle funds, and expand internationally with instant settlement and fraud protection.

B2B MarketplacesFintechChicago, US

Daniel Lev(Founder & CEO)inBen Meeder(Founder)Benjamin Meeder(Founder)in

Co-investorsBuilder CapitalCoinbase VenturesDigital Currency GroupDraper DragonPantera CapitalReciprocal Ventures+4 more

Onchain structured finance protocol that turns business cash flows into programmable collateral for secured lines of credit.

Thomas Hepner(Founder)in

Co-investorsCoinbase VenturesdlabMaven 11TRGCLightspeed FactionLightspeed Venture Partners+2 more

Crossmint offers a platform for companies and AI agents to integrate stablecoin infrastructure, including wallet creation, treasury management, onramps and offramps, global payouts, and virtual card issuance.

Crypto & Web3Developer ToolsFintech

Co-investorsFinancial Venture StudioNycaNyca PartnersPathlight VenturesRestive Ventures6th Man Ventures+2 more

Ethena operates a crypto protocol offering USDe, a digital dollar, and sUSDe, a reward-accruing asset backed by collateralized assets with third-party attestations.

Crypto & Web3Fintech

Guy Young(Founder & CEO)in

Co-investorsAlphaLab CapitalBitDAOBreedCaladanCVP NoLimitF-Prime Capital+17 more

Faction develops a hybrid autonomous vehicle platform called DriveLink that combines autonomy with remote human assistance (TeleAssist) for driverless fleet operations.

Advanced ManufacturingAI & Machine LearningLogistics & Supply ChainMobility & TransportationRoboticsSan Francisco, US

Ain McKendrick(Founder)in

Co-investorsFifty YearsKube VCY CombinatorLightspeed FactionTDK Ventures

Figure is a lending platform that offers residential and commercial loan products including home equity lines of credit, cash-out refinances, DSCR loans, and crypto-backed loans for borrowers.

AI & Machine LearningCrypto & Web3FintechCharlotte, US

Mike Cagney(Co-Founder, Executive Chairman)inJune Ou(Co-Founder, Advisor, Board Member)inJin Woo Park(Executive Officer, Director)

Co-investorsB3 CapitalBlue Lion GlobalChaos VenturesConversion CapitalDCM VenturesDigital Currency Group+20 more

Flashbots is a research and development organization that mitigates negative externalities from Maximal Extractable Value (MEV) on blockchains, primarily Ethereum, through infrastructure and tools for block building, transaction protection, and MEV distribution.

Crypto & Web3Data & InfrastructureDeveloper Tools

Co-investorsBig Brain HoldingsBlueYard CapitalDragonflyEthereal Ventures Management Ltd.Fabric VenturesFenbushi Capital+12 more

FLock.io operates a decentralized AI training platform combining federated learning and blockchain for privacy-preserving model development.

Jiahao Sun(Founder)in

Co-investorsARKN venturesCandaq Fintech GroupDigital Currency GroupHyperithmInception Capital (ex OP Crypto)TRGC

Creating the first DeFi layer for compute assets.

Kony Kwong(Founder)in

Co-investorsHack VCHashed

Kony Kwong(Founder)in

Co-investorsAegis VentuesCMCC GlobalHashed

Hyperbolic provides on-demand, reserved, and private cloud access to high-performance GPUs (such as H100, H200, and B200) through a global network of compute providers.

AI & Machine LearningCloud ComputingData & Infrastructure

Co-investorsAmbush CapitalBig Brain HoldingsGSRLongHash VenturesSamsung NextVariant Fund+4 more

INIT Capital is a DeFi money market offering 'Liquidity Hooks' that let dApps and protocols source on-chain liquidity.

Tascha P(Founder)

Co-investorsBitDAOMaelstromMantle NetworkElectric Capital

Co-investorsBorderless VentureBreedEv3 Ventures LlcLvna CapitalMetalayerParaFi Capital+1 more

Kamino is a DeFi protocol on Solana that combines lending, liquidity provision, and leveraged trading in a single platform.

Crypto & Web3Fintech

Co-investorsAlliance DAO (ex DeFi Alliance)Hack VCLongHash VenturesMulticoin CapitalParaFi CapitalPlaceholder VC+7 more

Latitude provides a Global Fiat Payouts API that sends funds from USD or stablecoins (USDC) to recipients worldwide, handling currency conversion, compliance, and last-mile delivery through local payment networks.

Crypto & Web3Developer ToolsFintechSpring, US

Brian Wrightson(Founder)

Co-investorsNew Enterprise Associates (NEA)

Orb is a web3 social application built on the Lens Protocol for social networking and content sharing on blockchain infrastructure.

Crypto & Web3Social

Co-investorsA.Capital VenturesBlockchain CapitalTioga Capital PartnersWintermuteVariant Fund

LO:TECH is a capital markets firm for onchain assets, offering designated market making with streaming liquidity across DeFi and centralized, RFQ and OTC venues.

Crypto & Web3Fintech

Co-investors13books Capital

MagicBlock builds blockchain infrastructure, including a modular stack and ephemeral rollups, for developers creating high-performance on-chain applications on Solana.

Crypto & Web3Data & InfrastructureDeveloper ToolsFintechGaming

Andrea FortugnoGabriele Picco

Co-investorsEquilibrium VenturesMaven 11Robot Ventures

ZKsync provides blockchain infrastructure and deployment services for enterprises, helping them build and launch production-ready solutions on the ZKsync network.

Crypto & Web3Developer ToolsEnterprise Software

Alex Gluchowski(Founder)in

Co-investorsDeepTech VenturesFigmentIOSG VenturesLongHash VenturesMirana VenturesOKX Ventures+4 more

Medallion FM is an app that lets music fans track the artists they follow, concerts and shows, and their listening activity in one place.

ConsumerCreator EconomyMedia & Entertainment

Co-investorsBetaworksCoinbase VenturesThird PrimeAcrew Capital

Meld operates a network for onboarding users to stablecoins and digital assets, offering onramp/offramp orchestration, multi-chain token support, and KYC/bank-linking tools accessible via API.

Crypto & Web3Developer ToolsFintechSan Francisco, US

Pankaj Bengani(Founder)

Co-investorsCoatue ManagementK9 VenturesYolo InvestmentsLightspeed Faction

Monad is a high-performance EVM-compatible blockchain designed for fast, low-cost transactions.

Cloud ComputingCrypto & Web3Data & Infrastructure

Keone Hon(Founder & CEO)in

Co-investorsAlphaLab CapitalAmbush CapitalArchetypeBankless VenturesBig Brain HoldingsBloccelerate VC+23 more

Narya.ai builds voice-first AI assistants that turn spoken conversations into actions.

AI & Machine LearningSan Francisco, US

Oriol Plazas(Founder)

Co-investorsArca FundsBlocktower Capital

Co-investorsPantera Capital

Nous Research develops and trains open source language models and builds infrastructure for distributed AI training.

AI & Machine LearningData & InfrastructureDeveloper Tools

Jeffrey Quesnelle(Founder & CEO)

Co-investorsBreedCollab+CurrencyForerunner VenturesMozilla VenturesNIVParadigm+4 more

Co-investorsAlphaLab CapitalBitDAOBorderless VentureCaladanHyperithmMantle Network+2 more

OpenFX operates a real-time settlement network for cross-border payments that replaces traditional international payment systems, enabling businesses to move money across borders significantly faster and cheaper.

Fintech

Prabhakar Reddy(Founder & CEO)in

Co-investorsAccelFlybridge Capital PartnersHash3 CapitalMARKHAM VALLEY VENTURESNorthzonePantera Capital+2 more

Jan Liphardt(Founder)in

Co-investorsCoinbase VenturesDigital Currency GroupPantera CapitalPebblebed

Pharos is a Layer-1 blockchain for real-world asset finance and AI agents, using modular architecture, deep-parallel execution, and dual VM (EVM + WASM) to provide sub-second finality and high throughput.

Crypto & Web3Data & InfrastructureFintech

Alex Zhang(Founder)in

Co-investorsHack VCFlow TradersGenerative VenturesMH Ventures

Plume is a crypto-native platform that distributes real-world assets (RWA) as blockchain-based financial instruments.

Crypto & Web3Fintech

Chris Yin(Founder)in

Co-investorsA.Capital VenturesBreedHaun VenturesHyperithmReciprocal VenturesSerafund+5 more

Pontem is a product development studio building blockchain products using the Move language on Aptos and other Layer 1 networks.

Crypto & Web3Developer ToolsFintech

Alejo Pinto(Founder)inArman Manukyanin

Co-investorsAlphaLab CapitalCaladanPantera CapitalWintermuteWWVenturesMechanism Capital

Puffer Finance is an Ethereum-native liquid restaking protocol where users stake ETH to receive pufETH and earn staking plus EigenLayer restaking rewards.

Crypto & Web3Fintech

Jason Vranek(Co-Founder & CTO, Puffer Labs)Amir Forouzani(Founder)in

Co-investorsElectric CapitalBinance LabsBreedCoinbase VenturesLBANK LabsLemniscap+11 more

Rena Labs provides a TEE (trusted execution environment) data exchange for confidential AI training and inference on proprietary data, with encryption, on-chain logging, and compliance features.

AI & Machine LearningCrypto & Web3Cybersecurity

Co-investorsEterna CapitalPaper VenturesLightspeed FactionMapleblock Capital

Hel.io (MoonPay Commerce) provides crypto checkout, deposit, and subscription tools that let merchants accept payments in thousands of cryptocurrencies and stablecoins, with instant settlement or auto-conversion to fiat.

Co-investorsRockawayX

Schuman Financial issues EURØP, a regulated, fully-backed euro stablecoin that lets businesses and global users transact on-chain in euros.

Crypto & Web3FintechZug, CH

Amrita Srivastava(Founder)Eduardo Morrison Gómez(Founder)Martin Bruncko(Founder)

Co-investorsDelta BlockchainRockawayXTriton Capital

Crypto & Web3Enterprise SoftwareFintech

Co-investorsBain Capital CryptoFigmentPicks and Shovels (Picks & Shovels)

Space and Time provides blockchain indexing, secure offchain data, and zero-knowledge proofs for onchain financial applications.

Crypto & Web3Data & Infrastructure

Scott Dykstra(Founder)in

Co-investorsAlliance DAO (ex DeFi Alliance)Arrington CapitalDigital Currency GroupEterna CapitalF-Prime CapitalHivemind Capital Partners+8 more

Stork is a blockchain oracle that delivers real-time and historical crypto and real-world-asset price feeds to onchain finance (DeFi) applications.

Crypto & Web3Data & InfrastructureFintech

Co-investorsLattice CapitalWintermute

Taiko is an open, community-driven project focused on scaling Ethereum.

Crypto & Web3Developer Tools

Co-investorsBollinger Investment GroupGenerative VenturesIOSG VenturesMapleblock CapitalSancus VenturesToken Bay Capital+7 more

TransCrypts is a blockchain-based platform for verifying and sharing employment, health and educational credentials.

CybersecurityData & InfrastructureFintechNewark, US

Zain Zaidi(Founder)inZain Z(Founder)

Co-investorsAlpha EdisonAlumni VenturesAtland VenturesBeyond CapitalInformed Ventures Advisors, LlcMotley Fool Ventures+7 more

TRES provides on-chain risk and treasury management software for self-custodied, EVM-based crypto treasuries, serving funds, trading firms, market makers, DAOs, foundations, exchanges, and custodians.

Crypto & Web3CybersecurityFintech

Co-investors3cubed VenturesAmbush Capitalboldstart venturesMantis CapitalNew Form Capital

Turnkey provides operational wallet infrastructure that lets companies coordinate crypto payments across internal custodial wallets with role-based policies, transaction limits, approval rules, and gas sponsorship.

AI & Machine LearningCrypto & Web3CybersecurityData & InfrastructureDeveloper ToolsFintech

Bryce Ferguson(Founder & CEO)

Co-investorsArchetypeBain Capital CryptoFigmentMirana VenturesPathlight VenturesSequoia Capital+6 more

WeatherXM operates a community-powered decentralized (DePIN) weather network where owners deploy solar-powered weather stations and earn $WXM token rewards for contributing data.

Climate TechCrypto & Web3IoT

Stratos Theodorou(Founder)in

Co-investorsPlaceholder VCLightspeed FactionBorderless VenturedlabMetaplanetRed Beard Ventures+5 more

Wintermute is a digital asset trading firm that provides liquidity, OTC spot and derivatives trading, market making, and DeFi services for token issuers, protocols, and institutional market participants globally.

Crypto & Web3FintechLondon, GB

Evgeny Gaevoy(Founder & CEO)inYoann T.(Founder)in

Co-investorsDraft Ventures LlcFabric VenturesPantera CapitalRockawayX

XMTP is an open source, decentralized messaging protocol that uses quantum-resistant encryption to let developers build secure, programmable chat apps, mini-apps, and AI agents with native support for payments and digital assets.

Crypto & Web3CybersecurityDeveloper Tools

Co-investorsIDEO CoLab Ventures

Zerobase provides zero-knowledge proof generation infrastructure, offering real-time zero-knowledge circuits and privacy-preserving authentication (zkLogin) for building zero-knowledge-based applications.

Crypto & Web3CybersecurityData & Infrastructure