FBG Capital
Venture capitalBeijing · Pre-Seed–Series A · 3 people tracked
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Investment thesis
FBG concentrates on early-stage blockchain and digital asset companies, positioning itself as one of the earliest and largest investors in the space. The firm targets ventures that accelerate disruptive innovation across the blockchain ecosystem.
Source: firm website, verified Aug 3, 2026.
Team · 3 people
from public directoriesWhat they invest in
from 9 of 10 portfolio companiesCrypto & Web3 ×7Fintech ×5Data & Infrastructure ×2Enterprise Software ×2Media & Entertainment ×2Consumer ×1Future of Work ×1Gaming ×1
HQs:United States×4France×1
Investments · 10 tracked
founders shown can be your intro pathBy year:2022 · 22021 · 22018 · 22017 · 17 dated
0x provides onchain routing and liquidity aggregation infrastructure for enterprise wallets, payments platforms, and exchanges.
Crypto & Web3Data & InfrastructureFintechSan Francisco, US
Will Warren(Founder)inAmir Bandeali(Founder)inAlex Q. Xu(Co-Founder)inFulvia Morales(Director of Product (previously Group Product Manager))Stuart Law(Head of Operations)inTheo Gonella(Group Product Manager)in
Co-investorsA.Capital VenturesArchetypeBitDAOBlockchain CapitalBlockchain.com VenturesCoinbase Ventures+15 more
Bluefin is an orderbook-based decentralized derivatives exchange built for both first-time users and professional traders.
Crypto & Web3Fintech
Ahmad Jawaid(Founder)in
Co-investorsAltonomyAmber GroupCompoundHashedLedgerPrimeAlliance DAO (ex DeFi Alliance)+16 more
AERGO is a blockchain platform positioned for broad, general-purpose use.
Crypto & Web3
Co-investorsWolfEdge CapitalZMT CapitalArrington XRP CapitalBlock Crafters CapitalDekrypt CapitalGBIC+2 more
Cashmere provides a multi-signature Solana wallet that allows enterprises and startups to manage cryptocurrency holdings across multiple authorized signers rather than concentrating control in a single account.
Crypto & Web3FintechSan Francisco, US
Shashank Khanna(Founder)inRebecca Lee(Founder)inCharlotte McGinn(Founder)in
Co-investorsCoinbase VenturesNotation CapitalSoma CapitalSouth QuadY CombinatorAndreessen Horowitz+13 more
CoinList operates a platform for token sales, pre-IPO stocks, equities, and funds, serving as infrastructure for financial markets and payments onchain.
Crypto & Web3Data & InfrastructureFintech
Brian Tubergen(Founder)inJoshua Slayton(Founder)in
Co-investorsAccompliceAgman PartnersBlockchain CapitalBlockchain CoinvestorsCoinFundCollab+Currency+19 more
Konomi is a publishing platform that produces educational content about blockchain technology and its applications across various industries beyond finance.
Crypto & Web3Media & Entertainment
Ariel Hoin
Co-investorsBlack DragonAltonomyAU21 CapitalBTX CapitalDigital Finance GroupLD Capital+2 more
Ethereum-compatible network with a leaderless consensus designed to run on an uncapped number of independent nodes
Jan Xie(Founder)inDaniel Lv(Founder)Kevin Wang(Founder)inTerry Tai(Founder)
Co-investors1k(x)1kxBlockchain CapitalBlockchain CoinvestorsMulticoin CapitalStruck Capital+9 more
Threshold Network is a decentralized protocol that enables Bitcoin to be used across multiple blockchain networks and financial markets through its tBTC token, facilitating lending, staking, trading, and yield-generation activities.
Crypto & Web3Enterprise SoftwareFintechAustin, US
MacLane Wilkison(CEO)inMichael Egorov(CTO)John Pacific(Engineer)Ravital Solomon(Cryptographer)Arjun Hassard(Product Lead)
Co-investorsCathay CapitalCollab+CurrencyCompoundDigital Finance GroupFusionReciprocal Ventures+21 more
Quivr provides an AI-powered system that integrates with helpdesk platforms like Zendesk to help support teams draft and automate customer responses while handling ticket resolution.
Enterprise SoftwareFuture of WorkParis, FR
Stan Girard(CTO)inAntoine Dewez(CPO)inBrian Laleye(Founder)Martin Thenot(Founding Engineer)Amine Dirhoussi(CTO)
Co-investorsKima VenturesTranspose Platform ManagementY CombinatorC2 VenturesEight Capital
rct AI develops artificial intelligence systems for non-player characters in video games and metaverse environments, using deep learning and reinforcement learning to create interactive and adaptive gameplay experiences.
ConsumerGamingMedia & EntertainmentLos Angeles, US
Xinjie Ma(Founder)inCheng Lyu(Founder)Xiaolong Mu(Creative Director)Xiankun Wu(President)inChen Yuheng(COO)inSergio C(Founder)
Co-investorsLeonis CapitalLucidBlue VenturesPKSHA Technology CapitalY CombinatorY2Z VenturesBonfire Union+7 more
Exits · 1
1 IPOs0x Labscrypto exchanges: ZRX
Portfolio news
latest coverage across their companies
0x Labs · 0x Labs Blog · Aug 4, 2026
Frequently asked questions
- How many investments has FBG Capital made?
- FBG Capital has 10 tracked investments, 1 of which have exited.
- What stage does FBG Capital invest at?
- FBG Capital invests at the Pre-Seed, Seed, Series A stages.
- What sectors does FBG Capital focus on?
- FBG Capital focuses on Crypto & Web3.
- Where is FBG Capital located?
- FBG Capital is headquartered in Beijing, CN.
- Who does FBG Capital co-invest with?
- FBG Capital most often shares deals with A.Capital Ventures, Coinbase Ventures, Greylock Partners, among 19 tracked co-investors.
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