London · Pre-Seed–Series B · 1 people tracked
Investment thesis
Through its venture arm, Wintermute Ventures backs early-stage DeFi protocols, aiming to add value beyond capital by leveraging the firm's expertise as a liquidity provider, algorithmic trading specialist, blockchain researcher, and governance contributor. The broader firm focuses on making digital asset markets liquid and efficient across OTC, liquidity provision, DeFi, and algorithmic trading.
Source: firm website, verified Aug 3, 2026.
Team · 1 people
from curatedWhat they invest in
from 88 of 118 portfolio companiesCrypto & Web3 ×81Fintech ×60Data & Infrastructure ×24Developer Tools ×14AI & Machine Learning ×11Enterprise Software ×11Cybersecurity ×5Cloud Computing ×3
HQs:United States×17United Kingdom×3France×2Singapore×2United Arab Emirates×1Brazil×1
Who they back
founder profiles across 36 portfolio companiesFounding team size:solo founder×252 founders×63 founders×44+ founders×1
Where their founders studiedfrom 28 founders with education data
NYU Stern School of Business ×2Stanford University Graduate School of Business ×2University of Waterloo ×2
Where their founders worked beforefrom 28 founders with career history
ConsenSys ×5Facebook ×2Goldman Sachs ×2Google ×2uPort ×2
5 hold an MBA (of 27 with degree data)
Investments · 118 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 32023 · 12022 · 22021 · 12017 · 22015 · 12014 · 112 dated
Angle was a cryptocurrency protocol that issued stablecoin tokens (USDA and EURA) that could be redeemed 1:1.
BiotechCrypto & Web3Guildford, Surrey
Michael O'Brien(Executive Officer)Peggy Robinson(Executive Officer)Shane Booth(Executive Officer)Ian Griffiths(Executive Officer, Director)George Hvichia(Executive Officer)Martin Cooke(Executive Officer)
Co-investorsa16z cryptoAndreessen Horowitz
Codex provides institutional fiat-to-stablecoin and stablecoin-to-fiat conversion, letting businesses swap currencies like USD, EUR, and GBP into USDC and USDT through a single counterparty with wholesale FX rates and local settlement.
Crypto & Web3Fintech
Co-investorsCircle VenturesCoinbase VenturesDragonflyMirana VenturesReverie
DFNS provides wallet-as-a-service infrastructure for financial institutions, fintech platforms, and digital asset management.
Crypto & Web3CybersecurityData & InfrastructureEnterprise SoftwareFintechParis, FR
Clarisse Hagège(Founder)in
Co-investorsTechstarsWhite Star CapitalHashed6th Man VenturesCoinbase VenturesRed Beard Ventures+3 more
Infinity Pools is a decentralized finance protocol for trading with leverage, offering positions with no counterparty risk for liquidity providers and no liquidations as long as interest is paid.
Crypto & Web3Fintech
Co-investorsStandard CryptoDragonflyFolius VenturesGSR VenturesKRONOSMulticoin Capital+3 more
1inch is a decentralized finance (DeFi) platform for crypto users, offering token swaps through a DEX aggregator with intent-based and cross-chain functionality, MEV protection, and wallet security features.
Crypto & Web3Fintech
Sergej Kunz(Founder)in
Co-investorsBig Candle CapitalBlockchain CapitalBR CapitalDragonflyFabric VenturesFenbushi Capital+12 more
Aave Labs is the original author and contributor to Aave, a decentralized finance (DeFi) protocol for lending and borrowing crypto assets.
Crypto & Web3Fintech
Co-investorsAegis VentuesArkStream CapitalBig Candle CapitalBlockchain CapitalDeFiance CapitalDraft Ventures Llc+12 more
Aerodrome Finance is a ve(3,3) automated market maker and decentralized exchange serving as the liquidity hub of the Base network.
Co-investorsCoinbase VenturesElectric Capital
Agora operates a stablecoin platform focused on institutional adoption of regulated stablecoin infrastructure.
Crypto & Web3Enterprise SoftwareFintech
Nick van Eck(Founder & CEO)
Co-investorsBitDAOBreedFlowdeskGeneral CatalystMantle NetworkMirana Ventures+3 more
Alliance is a selective accelerator and founder community for crypto and AI startups, providing $1M in funding, a 10-week program (in-person in New York City plus remote), mentorship, and connections to investors to help startups reach product-market fit.
AI & Machine LearningCrypto & Web3New York City, US
Co-investorsFounders FundAdaverseCoinbase VenturesCoinFundKindred VenturesMulticoin Capital+8 more
Analog builds an AI-powered cross-chain liquidity and execution layer that moves assets across EVM, Solana, and real-world assets without bridges, using its Timechain and General Message Passing (GMP) technology.
AI & Machine LearningCrypto & Web3Data & Infrastructure
Victor Young(Founder)in
Co-investorsTribe CapitalAndromeda CapitalBetter CapitalNxGenTPC Club (The presale club)TPC Ventures
Andrena is a wireless Internet service provider that delivers high-speed connectivity to multi-tenant buildings and households using wireless technology beamed to building roofs, then distributed wirelessly to units.
CleantechCloud ComputingNew Jersey, US
Neil Chatterjee(Founder)James Smits(Founder)in
Co-investors645 VenturesAfore CapitalBollinger Investment GroupCalm VenturesCastle Island VenturesChaos Ventures+7 more
Co-investorsBitDAODraper AssociatesGSRMantle Network
Co-investorsPlaceholder VCJump CryptoManifold Ventures
A financial trading and payment platform that enables users to trade multiple asset classes including stocks, crypto, perpetuals, and prediction markets from a single account, with borderless spending via a Visa card across 90M+ merchants worldwide.
Crypto & Web3Fintech
Co-investorsPantera Capital
BCB Group provides payment infrastructure and instant settlement for financial institutions operating across fiat and crypto markets, offering a unified platform to manage, pay, store, and trade fiat, stablecoins, and cryptocurrencies via UI and API.
Crypto & Web3Enterprise SoftwareFintech
Oliver Tonkin(Co-founder and President)in
Co-investorsBackedDigital Currency GroupNIVPantera CapitalRockawayXFoundation Capital
Bitpanda is a European investment platform for retail investors to buy, sell and trade cryptocurrencies, stocks, ETFs and precious metals.
Crypto & Web3Fintech
Paul Klanschek(Founder)in
Co-investorsCreandumREDO VenturesRR2 CapitalSpeedinvestValar Ventures LlcJump Crypto
bloXroute provides a blockchain distribution network offering real-time data streams, transaction propagation, and validator solutions to enable faster trading and MEV optimization across multiple blockchains.
Crypto & Web3Data & InfrastructureEvanston, US
Uri Klarman(Executive Officer, Director)inAleksandar Kuzmanovic(Executive Officer, Director)
BoardJeffrey Bussgang(Director)in
Co-investors1confirmationBixin CapitalBixin VenturesBlindspot Ventures Management CoCoinbase VenturesDragonfly+10 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 GroupCompoundFBG CapitalHashedLedgerPrime+11 more
Blum offers crypto trading tools including perpetual futures trading (up to 100x leverage) inside Telegram, a memecoin launchpad, and a multi-chain trading terminal within one ecosystem.
Crypto & Web3FintechDubai, AE
Gleb Kostarev(Founder)Igor Pugachevsky(Founder)Vladimir Smerkis(Founder)
Co-investorsBinance Labsgumi Cryptos Capital (gCC)OKX Ventures
Bulk is a decentralized trading platform that aims to combine the decentralized custody of a DEX with the execution performance of a centralized exchange.
Crypto & Web3
Co-investors6th Man VenturesBig Brain HoldingsChapter OneRobot VenturesStride Ventures
Bullet is a Solana network extension running an onchain exchange for perps, spot and lending with sub-millisecond execution and ZK verifiability.
Co-investorsElectric Capital
Centrifuge enables investors to access tokenized real-world assets (RWAs) such as Treasury Bills, Asset Backed Securities, and Real Estate on a blockchain infrastructure.
Crypto & Web3Data & InfrastructureFintechSan Francisco, US
Bhaji Illuminati(Founder)inMartin Quensel(Executive Officer, Director)Markus Ament(Executive Officer, Director)Philip Stehlik(Executive Officer, Director)
Co-investorsArrington CapitalAtlanticBlack DragonBloccelerate VCBlueYard CapitalBorderless Venture+16 more
Chaos Labs builds AI-driven intelligence and risk-management infrastructure that converts fragmented data into institutional-grade insights, offering risk simulations, parameter tuning, and oracle technology for crypto protocols and financial institutions.
AI & Machine LearningCrypto & Web3Data & Infrastructure
Omer Goldberg(Founder & CEO)in
Co-investorsBalaji SrinivasanCoinbase VenturesF-Prime CapitalHaun VenturesLightspeed Venture PartnersSamsung Next+6 more
Clearpool is a decentralized finance protocol offering on-chain credit and yield products, including financing for fintechs, payment service providers, and institutions, short-term US treasury yield, trading yield strategies, and real-world-asset yield on Bitcoin, gold, and global currencies.
Crypto & Web3Fintech
Co-investorsArrington CapitalBitDAOMantle NetworkMentha PartnersRyze LabsArrington XRP Capital+1 more
Cometh provides a single API for businesses and financial institutions to integrate DeFi services including custody, staking and yield, trading and liquidity, and payments.
Crypto & Web3Data & InfrastructureFintech
⭐Jerome de Tychey(Founder)in
Co-investorsCultur3 CapitalDelta BlockchainSerenaWhite Star CapitalSerena CapitalStake Capital
Pump.fun is a platform that lets anyone create and trade coins, with open access to buy and sell from launch.
Crypto & Web3
Co-investors6th Man VenturesBig Brain HoldingsD1 VenturesLattice Capital
Credora provides risk ratings for decentralized finance markets, including tokens, lending pairs, and vaults.
Crypto & Web3Fintech
Co-investorsBlack DragonBollinger Investment GroupBreedCoinbase VenturesDigital Currency Group
Seattle, US
Paul Kim(Founder)in
Co-investorsAlphaLab CapitalCaladanLongHash VenturesStruck CapitalHashedRace Capital
Crossover Markets operates CROSSx, an execution-only cryptocurrency electronic communication network (crypto ECN) built for institutional participants, offering ultra-low-latency quote-driven matching, smart order routing, and FIX API or GUI connectivity.
Crypto & Web3Fintech
Brandon Mulvihill(Co-Founder & CEO)inVladislav Rysin(Co-Founder & CTO)inAnthony Mazzarese(Co-Founder & CCO)in
Co-investorsFlow TradersMetalayerDRW Venture CapitalIlluminate FinancialLaser DigitalRipple+2 more
DFlow is a decentralized finance protocol offering a unified API for spot trading across aggregated Solana liquidity.
Co-investorsCoinbase VenturesMulticoin CapitalPetRock CapitalCircle VenturesFramework VenturesMoonPay+1 more
dYdX is a decentralized exchange for trading perpetuals that uses zero-knowledge proofs to provide security and privacy.
Crypto & Web3FintechSan Francisco, US
Antonio Juliano(Founder)inIvo Crnkovic-Rubsamen(CEO)
Co-investors1confirmationa16z cryptoAbstract VenturesAndreessen HorowitzBR CapitalDeFiance Capital+8 more
Equilibrium Group designs, builds, and funds computational infrastructure for decentralised technologies, operating a portfolio of web3, blockchain, and cryptography companies.
Crypto & Web3Data & InfrastructureDeep Tech
Co-investorsAvaana CapitalKalaari CapitalPeak XV Partners
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
Co-investorsAndromeda CapitalRR2 CapitalSpark Digital Capital
Euler is a modular lending platform that enables users to create custom lending vaults and allows those vaults to serve as collateral for other vaults through its Ethereum Vault Connector.
Crypto & Web3Fintech
Co-investorsCoinbase VenturesEquilibrium VenturesHaun VenturesLemniscapParadigmTq Ventures Llc+1 more
Token-based DAO that curates and collects blockchain-native art, from Autoglyphs to artist collaborations.
Co-investorsa16z cryptoAndreessen HorowitzDivergenceNarcissus VenturesStandard CryptoVariant Fund
Flare is a layer 1 blockchain platform built for data-intensive decentralized applications, offering enshrined data protocols such as FTSO, FDC, and FAssets alongside Ethereum Virtual Machine compatibility.
Crypto & Web3Data & InfrastructureDeveloper Tools
Co-investorsBorderless VentureChronos VenturesJustin “3LAU” BlauSyntax Capital
Fordefi provides an MPC (multi-party computation) wallet with DeFi-specific features for institutional users such as blockchain investment funds, supporting multi-chain token strategies.
Crypto & Web3CybersecurityFintech
Josh Schwartz(Founder)inJosh shwartz(Founder)in
Co-investorsDelta BlockchainDigital Currency GroupElectric CapitalLemniscapLightspeed Venture PartnersM12 (Microsoft's Venture Fund)+2 more
Gas.zip is a gas fee bridge that lets crypto users send funds across multiple blockchain networks, distributing amounts to mainnets and testnets.
Crypto & Web3
Co-investorsD1 Ventures
GTE is a decentralized exchange platform that enables trading of stocks, crypto, and commodities from a single account on a blockchain-based system, offering centralized-exchange-level speed and performance with decentralized properties.
Crypto & Web3FintechNew York City, US
Matteo Lunghi(Founder)
Co-investorsParadigmRobot VenturesBig Brain HoldingsMaven 11MITONMitonC
Guru Network provides a platform for blockchain business process automation (BBPA) that orchestrates AI, transactions, and user flows through embeddable snippets and data views.
AI & Machine LearningCrypto & Web3Developer Tools
Cryptocurrency exchange protocol bridging centralized and decentralized finance.
Varun Kumar(Founder & CEO)Vinod Raghavan(Founder)Victor Ionescu(Founder)in
Co-investorsArrington CapitalBollinger Investment GroupCoinbase VenturesDragonflyElectric CapitalFabric Ventures+15 more
Hex Trust builds technology platforms serving large financial institutions in the banking and finance sector.
Crypto & Web3Enterprise SoftwareFintech
Alessio Quaglini(Founder & CEO)in
Co-investorsEterna CapitalFenbushi CapitalQBN CapitalRyze LabsToken Bay CapitalInjective+5 more
Global multi-asset prime brokerage for digital assets, FX and derivatives, acquired by Ripple in 2025 and rebranded Ripple Prime.
Crypto & Web3Enterprise SoftwareFintech
Co-investorsCoinbase VenturesFlucas VenturesGreycroftSC VenturesWinklevoss Capital
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 HoldingsFactionGSRLongHash VenturesSamsung Next+4 more
Co-investorsBlueYard CapitalBreedMarin Digital Ventures
Co-investorsBorderless VentureBreedEv3 Ventures LlcFactionLvna CapitalMetalayer+1 more
Co-investorsTDeFi
KPK (karpatkey) is an onchain asset manager providing DeFi treasury mandates, vaults and tokenised funds.
Co-investorsAppWorks VenturesBorderless VentureSaison CapitalThanefield Capital
Kiln provides infrastructure for staking cryptocurrencies across multiple blockchain networks, letting asset owners earn rewards by securing networks and participating in protocol consensus.
Crypto & Web3Data & InfrastructureFintechParis, FR
Thomas de Phuoc(Founder)
Co-investors1k(x)1kxA.Capital VenturesBlueYard CapitalGSRIOSG Ventures+7 more
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 PartnersFactionVariant Fund
M0 provides a modular platform for designing and issuing stablecoins, allowing users to independently configure token behavior, issuers, and other stablecoin stack components.
Crypto & Web3Fintech
Gregory Di Prisco(Founder)in
Co-investorsAlphaLab CapitalCaladanGSRSCB 10XSolari CapitalStandard Crypto+2 more
Trio is a multi-modal AI model engine that processes video, audio, and sensor data for operational intelligence in physical environments like retail, warehouses, and factories.
AI & Machine LearningDeep TechEnterprise Software
Co-investorsDraper DragonEv3 Ventures LlcNewBuild.VCJump CapitalSamsung Next
Mangrove is an order book decentralized exchange (DEX) that lets users trade and place limit orders without locking their funds, allowing them to generate yield from other protocols while their liquidity is deployed.
Crypto & Web3Fintech
Co-investorsSMAPE Capitalgumi Cryptos Capital (gCC)
Matter Labs builds Prividium, an Ethereum-secured blockchain platform designed for banks and financial institutions to issue, settle, and manage digital assets with privacy and compliance controls.
Crypto & Web3Enterprise SoftwareFintechGeorge Town, Grand Cayman
Alex Gluchowski(Executive Officer, Director)inAleksandr Vlasov(Director)
BoardChristopher Burniske(Director)in
Co-investors1k(x)1kxa16z cryptoAndreessen HorowitzBlockchain CapitalCoinFund+9 more
Monad is a high-performance EVM-compatible blockchain designed for fast, low-cost transactions.
Cloud ComputingCrypto & Web3Data & Infrastructure
Co-investorsAlphaLab CapitalAmbush CapitalArchetypeBankless VenturesBig Brain HoldingsBloccelerate VC+23 more
MYSO is a non-custodial decentralized application for writing on-chain covered call option strategies, letting users earn upfront stablecoin income on their crypto holdings while setting custom strike prices and tenors.
Crypto & Web3Fintech
Co-investorsAdvanced BlockchainBitDAOMantle NetworkMentha Partners
Neon Labs develops technology to bridge Ethereum Virtual Machine (EVM) applications with the Solana blockchain, aiming to make Web3 transactions faster and cheaper.
Crypto & Web3Data & InfrastructureDeveloper ToolsGrand Cayman
Petrus Dorfling Basson(Executive Officer, Director)Marina Guryeva(Executive Officer, Director)David Charles Lloyd(Executive Officer, Director)
Co-investorsAdvanced BlockchainBollinger Investment GroupNxGenPuzzle VenturesRockawayXIDEO CoLab Ventures+3 more
Stephen Young(Founder)in
Co-investorsA.Capital VenturesBloccelerate VCCoinFundDigital Currency GroupFenbushi CapitalReciprocal Ventures
Noah is building a cross-border payments platform aimed at making international payments faster and more accessible.
Crypto & Web3FintechSaaSRiverton, US
Shah Ramezani(CEO and Founder)inThijn Lamers(Co-Founder and President)inWILLIAM J BOWSER(Executive Officer, Director)STEVE TRUMBO(Director)CHERYL WILDE(Executive Officer)RONALD NEIL(Director)
Co-investorsFELIX CAPITALFJ LabsLocalGlobeFormus Capital10x Founders
Noble builds a blockchain platform for digital asset management focused on bringing real-world assets onto the blockchain with cross-chain functionality and security features.
Crypto & Web3EnergyFintechLancaster, US
Robert Eifler(Executive Officer, Director)
Co-investorsBorderless VentureHack VCParadigm
Nomad is a cross-chain messaging protocol that lets users send tokens and data between blockchains using an optimistic verification mechanism secured by fraud proofs and off-chain watchers.
Crypto & Web3Data & Infrastructure
Co-investorsTriblock
Nostra is a crypto "super app" that lets users lend, borrow, swap, and bridge their cryptocurrency in a single platform.
Crypto & Web3Fintech
Co-investorsCrossCutGood FriendsHigh AlphaSignal Peak VenturesSugar Capital
Notabene provides compliance and regulatory technology for crypto businesses and financial institutions, helping them meet regulatory requirements like the FATF Crypto Travel Rule through real-time screening, sanctions checks, and wallet identification.
Crypto & Web3CybersecurityEnterprise SoftwareFintechNew York City, US
Pelle Braendgaard(CEO/ Co-Founder)inAndres Junge(Founder)inAnia Lipinska(Founder)inAlice Nawfal(Founder)in
BoardMatthew Walsh(Director)Peter Johnson(Director)in
Co-investorsDigital Currency GroupF-Prime CapitalParaFi CapitalSignature VenturesY CombinatorDRW Venture Capital+4 more
Nudge is an onchain platform that pays users rewards for reallocating their crypto tokens across categories such as L1s, L2s, stablecoins, and restaking.
Crypto & Web3Richmond, US
Chris Garson(Executive Officer)Phil Beene(Executive Officer, Director)Mac Gambill(Executive Officer, Director)Steven Feyrer-Melk(Executive Officer)
BoardBrian Clare(Director)Tom Blue(Director)
Co-investorsAntlerCerberus Ventures
Ondo builds institutional-grade platforms, assets, and infrastructure for bringing traditional financial markets onchain, including tokenized public securities and US Treasuries usable in DeFi.
Crypto & Web3FintechNew York, US
Nathan Allman(Founder)in
BoardPaul Veradittakit(Director)in
Co-investorsBitDAOChapter OneCoalition OperatorsCoinbase VenturesCoinFundDigital Currency Group+7 more
One Trading operates an EU-regulated derivatives exchange and trading platform where retail and institutional investors trade futures on crypto-assets, equities, and indices with leverage, 24/7.
Crypto & Web3Fintech
Co-investorsSC VenturesValar Ventures Llc
OneBalance provides a unified interface that lets applications give their users access to digital assets and opportunities across multiple blockchains.
Crypto & Web3Developer ToolsFintech
Daniel Worsley(Chief Operating Officer)
Co-investorsBlockchain CapitalBreedL2 Iterative Ventures (L2IV)Mirana Ventures
Optimism provides blockchain infrastructure based on the OP Stack, letting exchanges, fintechs, and financial institutions deploy and operate their own chains or add onchain features while it handles operations, security, and upgrades.
Crypto & Web3Data & InfrastructureFintech
Jing Wang(Founder)Jinglan Wang(Founder)
Co-investorsA.Capital Venturesa16z cryptoAbstract VenturesAndreessen HorowitzAndromeda CapitalCoinbase Ventures+7 more
Ostium is a decentralized perpetual futures exchange for trading stocks, commodities, forex, and indices with leverage directly from a crypto wallet.
Crypto & Web3Fintech
Co-investorsGeneral CatalystCrucible CapitalBalaji SrinivasanCoinbase VenturesGSRJump Crypto
Velora is an intent-based decentralized trading protocol that offers crosschain token swaps, gasless trades, limit orders, on-chain RFQ, and yield optimization, aggregating liquidity from 160+ protocols and market makers across multiple L1 and L2 chains.
Crypto & Web3Developer ToolsFintech
Co-investorsBootNodeGenblock CapitalWoodstock FundAlameda ResearchAlliance DAO (ex DeFi Alliance)Blockchain Capital+2 more
Pave provides compensation and equity data to help employees understand and compare their pay.
AI & Machine LearningEnterprise SoftwareFintechHR TechSaaSSan Francisco, US
Matt Schulman(Founder)inOren Bass(Executive Officer, Director)Salim Lahoud(Director)Aaron Hultgren(Executive Officer, Director)John Geiken(Executive Officer, Director)
BoardAlexander Turkot(Director)in
Co-investorsAndreessen HorowitzBessemer Venture PartnersIndex VenturesVillage GlobalY CombinatorCraft Ventures+14 more
Pave AI provides automated marketing analytics for enterprises, SMBs, e-commerce businesses, and agencies to identify effective marketing strategies and optimize spending.
AdTechData & InfrastructureEnterprise SoftwareMarketing TechToronto, CA
Co-investorsY CombinatorAccelBessemer Venture PartnersHelios Digital VenturesIndex VenturesQuona Capital+1 more
Pave Bank offers programmable banking services, with a focus on digital assets and programmability features for its customers.
Crypto & Web3Fintech
Simon Vans-Colina(Founder)in
Co-investorsAccelHelios Digital VenturesMirana VenturesQuona CapitalYolo Investments468 Capital+1 more
Phi Labs is a core contributor to the Archway Protocol, a layer 1 blockchain that lets developers capture the value they create, contributing through engineering, operational, design, and marketing initiatives.
Crypto & Web3Developer Tools
Co-investorsBlockchain CapitalCoinFund
Polymer Labs is a blockchain infrastructure startup that raised a $23M Series A in 2024.
Bo Du(Founder)in
Co-investorsAdvanced BlockchainAmbush CapitalBlockchain CapitalCoinbase VenturesD1 VenturesDigital Currency Group+8 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 CapitalWWVenturesFactionMechanism Capital
Co-investorsMapleblock CapitalNxGenPeech Capital
Push (Push Chain) is a Layer 1 blockchain built for "Universal Apps," letting developers deploy once and onboard users from any chain without bridges or a specific gas token.
Crypto & Web3Developer ToolsFintech
Harsh Rajat(Founder & Project Lead)Richa
Co-investorsIOSG VenturesRyze LabsTRGCWoodstock FundBalaji Srinivasan
Pyth Network is a blockchain oracle that delivers real-time market data—prices for crypto, equities, FX, and other assets—on-chain for developers to integrate into decentralized applications.
Crypto & Web3Data & InfrastructureFintech
Co-investorsArkGrowBitDAOBorderless VentureGate VenturesMantle NetworkMulticoin Capital+1 more
Zenrock builds a decentralized custody layer for onchain assets, centered on zrChain, a purpose-built Layer 1 blockchain and a Decentralized Custody Token (DCT) standard that lets tokens be ported across chains.
Crypto & Web3Enterprise SoftwareFintechLondon
Brad Anthony Foy(Executive Officer, Director)Stan Miroshnik(Director)Duncan Payne-Shelley(Executive Officer)Brian Spector(Executive Officer, Director)
Co-investorsCoinbase VenturesDanu VenturesFigmentRSE VenturesYellow Capitalgumi Cryptos Capital (gCC)+1 more
R[3]sidency is an accelerator for "Machine Economy" startups, running a 12-week program with $300K investment, mentorship, ecosystem credits, and a demo day and investor roadshow in New York.
AI & Machine LearningCrypto & Web3RoboticsLondon, GB
Co-investorsFabric VenturesSolana
Raven is a proprietary algorithmic high-frequency trading firm that provides liquidity and market-making services for crypto exchanges and token projects, prediction markets, and traditional finance venues.
Crypto & Web3Fintech
Co-investorsMarin Digital Ventures
Reya is a decentralized perpetuals exchange (DEX) built as a based-rollup on Ethereum, currently operating as an L2 on Arbitrum Orbit with zero gas fees, MEV protection, and yield-bearing collateral options like srUSD and wstETH.
Crypto & Web3Fintech
Co-investorsVarys CapitalFramework Ventures
Ribot provides systematic liquidity across prediction and event-driven markets, structuring, issuing, and trading binary event derivatives that let companies and institutions hedge measurable risks such as weather, inflation, logistics disruptions, sports outcomes, and geopolitical uncertainty.
AI & Machine LearningData & InfrastructureFintech
Router Protocol operates an open, permissionless cross-chain swap network that connects solvers, DEXs, and bridges into a unified system for executing low-slippage swaps across blockchains.
Crypto & Web3Data & InfrastructureDeveloper Tools
Ramani Ramachandran(Founder & CEO)
Co-investorsBitDAOCoinbase VenturesMantle NetworkMapleblock CapitalO1exTDeFi+8 more
Solana is a blockchain network designed for high-performance internet capital markets, payments, and cryptocurrency applications.
Crypto & Web3Data & InfrastructureFintechSan Francisco, US
Anatoly Yakovenko(Solana Founder & Solana Labs CEO)inAlan Yu
Co-investors1k(x)1kx500 Globala16z cryptoAbstract VenturesAegis Ventues+36 more
Starknet is an Ethereum Layer 2 Validity Rollup that uses STARK cryptography to validate off-chain transactions for greater scalability while retaining Ethereum's security.
Crypto & Web3Deep TechDeveloper Tools
Co-investorsHivemind Capital PartnersTruth Ventures
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-investorsFactionLattice Capital
Stork is an AI-driven commerce infrastructure platform that digitizes supplier inventory into structured catalogs, matches products with retailers based on live demand and pricing data, and automatically distributes them across marketplaces and retail channels.
AI & Machine LearningE-commerceRetail Tech
Tamilla Nagim(Founder)in
Co-investorsTal VenturesBowery CapitalGeneral CatalystSlow Ventures
Co-investorsLucidBlue VenturesMC Ventures (Muhabbit Capital)
SubQuery provides Web3 infrastructure and tooling that enables developers to build and scale decentralized applications.
Crypto & Web3Data & InfrastructureDeveloper ToolsSingapore, SG
Ian He(CTO and Co-Founder)in
Co-investorsArrington CapitalBitDAOD1 VenturesDigital Currency GroupElliptiMantle Network+6 more
Co-investorsDragonflyIOSG VenturesMetastablePantera CapitalStandard CryptoSevenX Ventures
Co-investorsEdessa CapitalRyze Labs
Taiko is an open, community-driven project focused on scaling Ethereum.
Crypto & Web3Developer Tools
Co-investorsBollinger Investment GroupFactionGenerative VenturesIOSG VenturesMapleblock CapitalSancus Ventures+7 more
Tesseract Investment is a MiCA-authorized crypto-asset services provider offering discretionary portfolio management and lending services to institutional clients.
Crypto & Web3FintechHelsinki, FI
Yichen Wu(Founder)in
Co-investorsSapphire Ventures
New York, US
Sanjiv Sanghavi(Executive Officer, Director)inVictor Quinn(Executive Officer)Nicholas Brown(Executive Officer)
BoardRick Zullo(Director)in
Co-investorsEqual VenturesLerer HippeauRyze LabsAbstract VenturesVoLo Earth Ventures
Thalex is a cryptocurrency derivatives trading platform offering options, futures, and perpetuals, including atomic multi-leg strategy trading and portfolio-level margining.
Crypto & Web3Fintech
Co-investorsFlow Traders
Co-investorsAndromeda CapitalBitDAOMagnus CapitalMantle NetworkRaptor GroupCrypto com Capital
The Open Network (TON) is a blockchain ecosystem integrated into Telegram that connects payments, digital assets, and mini apps, with its native coin Gram used for fees, validation, and voting.
Crypto & Web3Fintech
Co-investorsDraper AssociatesHypersphere VenturesLvna CapitalMEXC VenturesMirana VenturesTONCoin Fund+5 more
Treehouse builds fixed income infrastructure for digital assets, combining yield primitives, benchmark rates (such as the Treehouse Ethereum Staking Rate), and a participation layer.
Crypto & Web3FintechSingapore, SG
Brandon G(Founder)Brandon Goh(Founder)inBryan Goh(Founder)in
Co-investorsAlphaLab CapitalCaladanMirana VenturesCrane Venture Partners
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 CryptoFactionFigmentMirana VenturesPathlight Ventures+6 more
Twilight is a privacy-focused trading protocol where trading accounts are anonymous by default, keeping PnL private even after execution.
Crypto & Web3Fintech
Unblock provides banking and payments infrastructure for moving money globally, offering on/off-ramps, virtual accounts, and multi-chain stablecoin wallets.
Crypto & Web3Data & InfrastructureFintechSão Paulo, BR
Fabio Thiele(Founder)Lucca Freire(Founder)Pedro Henrique Braz Campo(Founder)
Co-investorsPRELUDEReverieSignature VenturesTriaxis Capital
Co-investorsBitDAOMantle Network
Vultisig is an open-source, seedless MPC crypto wallet that splits private keys into threshold shares across devices, supporting self-custody across 30+ blockchains with multi-chain asset management, cross-chain swaps, and DeFi access.
Crypto & Web3Cybersecurity
Co-investorsAGE Crypto
Wildcat is a decentralized finance protocol that lets borrowers deploy customizable on-chain credit markets, setting their own interest rates, lockup periods, withdrawal cycles, reserve ratios, and lender access lists.
Crypto & Web3Fintech
Co-investorsHyperithm
Zerion is a self-custodial, multichain wallet and data platform that aggregates assets and positions across 58+ blockchains in real time, offering swap routing, trading, and an API for wallet data access.
Crypto & Web3Data & InfrastructureFintechSan Francisco, US
Evgeny Yurtaev(Founder & CEO)in
Co-investorsAlliance DAO (ex DeFi Alliance)BitDAODigital Currency GroupMantle NetworkMosaic VenturesPlaceholder VC+8 more
Exits · 2
IPOs and acquisitions across the tracked portfolioAngleOTC: ANPCFHidden Roadacq. by Ripple
Portfolio news
latest coverage across their companiesGas · journalgazette.net · Aug 22, 2026
Clearpool · blockchainreporter.net · Aug 21, 2026
Mangrove · stocktitan.net · Aug 21, 2026
Toncoin · criptolog.com · Aug 21, 2026
Ethena Labs · interactivecrypto.com · Aug 21, 2026
Bitpanda · cryptoticker.io · Aug 21, 2026
Analog · tradingpedia.com · Aug 19, 2026
Optimism · klkntv.com · Aug 17, 2026
Principals & officers · per Companies House
what is this? ⓘDirector · British · since 2024
Director · British · since 2024
Alexander James Treseder — 25–50% of shares, 25–50% of voting rights, right to appoint and remove directors
Lisa Victoria Treseder — 25–50% of shares, 25–50% of voting rights, right to appoint and remove directors
Frequently asked questions
- How many investments has Wintermute made?
- Wintermute has 113 tracked investments, 1 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
- What stage does Wintermute invest at?
- Wintermute invests at the Pre-Seed, Seed, Series A, Series B stages.
- What sectors does Wintermute focus on?
- Wintermute focuses on Crypto & Web3, Fintech.
- Where is Wintermute located?
- Wintermute is headquartered in London, GB.
- Who does Wintermute co-invest with?
- Wintermute most often shares deals with Coinbase Ventures, BitDAO, Mantle Network, among 239 tracked co-investors.
Media · Podcasts & interviews
featuring the teamWho is Wintermute CEO, Evgeny Gaevoy?
When Shift Happens · Evgeny Gaevoy
What is Market Making? | Wintermute CEO, Evgeny Gaevoy
When Shift Happens · Evgeny Gaevoy
Colonizing Mars... | Wintermute CEO, Evgeny Gaevoy
When Shift Happens · Evgeny Gaevoy
What Does Winning Mean? | Wintermute CEO, Evgeny Gaevoy
When Shift Happens · Evgeny Gaevoy
Is Wintermute Responsible For Crashing The Market? w/ Evgeny Gaevoy
Steady Lads Podcast · Evgeny Gaevoy
Wintermute CEO Evgeny Gaevoy Predicts the Future of Crypto Trading—What’s Next for the Market?
Let’s Talk Numbers · Evgeny Gaevoy
Images
Similar investors
Electric Capital is an early-stage venture firm founded in 2018 that backs founders building trust-minimized technologies across AI, crypto, fintech, and related sectors.
.jpeg){kind=logo}
Fabric is a thesis-driven venture firm that backs companies from inception, having invested in 196 companies to date.
Primo Ventures is a venture capital firm that invests in early-stage companies. The firm is led by founders with prior entrepreneurial experience.
Gobi Partners is an Asia-focused venture capital firm investing early in emerging innovation ecosystems across the region.
A stage-agnostic venture capital firm that invests in exceptional founders across all company development stages.