In addition to managing a portfolio of liquid crypto assets, we invest in both private equity and tokens for projects that have not yet launched. We invest from the seed stage, and plan to support entrepreneurs over multiple rounds of investment in both private and public markets. We invest in technical endeavors that push the boundaries of computer science and technology, infrastructure that supports trust-minimized computation at global scale, and consumer and enterprise applications that require trust-minimized properties.
Algorand, Inc. is a technology company founded by cryptography pioneer, Turing award winner and MIT professor, Silvio Micali. Algorand is the first blockchain to provide immediate transaction finality. No forking. No uncertainty. It’s transaction throughput is also on par with large payment and financial networks.
Aptos is a new, independent project focused on delivering the safest and most production-ready Layer 1 blockchain in the world. The team is comprised of the original creators, researchers, designers, and builders of Diem, the blockchain that was first built to serve this purpose.
Babel Finance provides professional crypto asset financial services for high net worth individual investors and institutional investors, including crypto asset deposits and loans, asset management, brokerage trading, and derivatives strategies, mining pools, mining farms, and mining financial services.
Bakkt is building an open, seamless global network to enable you to buy, sell, store and spend digital assets simply, safely and efficiently. Bakkt’s global platform seeks to connect investors, merchants and consumers, making it easier, faster and more cost-effective to access, trade and use digital assets.
Blackbird is developing and building new products focused on creating software that establishes and enhances connectivity between individual restaurants and their guests. They combine a mix of web2 and web3 inventions to reinvent consumer loyalty and the hospitality industry.
Helium is creating a new global network for billions of IoT devices. The network is powered by Helium Hotspots, which provide wireless coverage and generate Helium tokens. Within minutes, anyone can set up a Hotspot and provide connectivity for low power, IoT devices using LongFi, Helium’s new open wireless protocol.
Mercury was founded in 2021 to create an exclusive digital experience for top collegiate brands to bring fans closer to their favorite athletes and teams. The company partners with leading collegiate brands across sports to build hyper-local platforms for a modern fan experience. Its communities encompass dynamic conversations with and between athletes, specialized team content, and digital collectibles and passes to unlock special access for fans.
Mina uses advanced cryptography and recursive zk-SNARKs to design an entire blockchain that is about 22kb, the size of a couple of tweets. It enables efficient implementation and easy programmability of zero knowledge smart contracts (zkApps). With its privacy features and the ability to connect to any website, Mina is building a private gateway between the real world and crypto.
SKALE seeks to empower developers to run high-speed, low-cost smart contracts in Layer 2. SKALE's elastic sidechains seek to provide all benefits of standard full-capacity sidechains alongside the security guarantees of truly decentralized networks. Elastic sidechains are highly performant, configurable, and Ethereum / Web3 Compatible.
Spring is creating the foundation for a credit system that seeks to be more transparent and secure for consumers. The Spring network will allow users to view all attestations about their credit and identities for free, and enables functionality for open alerts and notifications. Spring's goal is to be a paradigm shift in data security and cost efficiencies for financial institutions.
Acquired by Coinbase
Tagomi seeks to combine institutional-grade services with superior execution technology for trading digital assets and crypto. Tagomi's goal is to make it easy to navigate the extremely fragmented global digital asset landscape with advanced tooling and liquidity aggregation capabilities that enable institutional investors to trade in size, at the right time, across markets. Tagomi was acquired by Coinbase in May 2020.
Textile is known for creating an early IPFS-based photo-sharing application, Textile Photos. Textile also offers a suite of tools that includes a decentralized database, real-time app data, communication tools, remote backup and recovery, identity tools, and encryption tools available over APIs and in cross-platform SDKs.
Web3Auth helps users to login to dApps using their OAuth accounts, such as Sign in with Google and Facebook Connect. Torus uses distributed key generation (DKG), for key management, that seeks to work across all browsers and devices, and seeks to include seamless account recovery without introducing any new trust assumptions.
Disclosure: Any investments or portfolio companies mentioned, referred to, or described on this page are not representative of all investments in vehicles managed by CoinTrack Advisors and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. Exits include (1) current and former CoinTrack Advisors portfolio companies which may have been acquired and/or (2) where CoinTrack Advisors sold tokens and/or equity. Certain portfolio companies on this list may still be held in CoinTrack Advisors funds. A list of investments made by funds managed by CoinTrack Advisors is available here: https://gencapitals.com/portfolio. Excluded from this list are investments that have not yet been announced (1) for strategic reasons (e.g., undisclosed positions in publicly traded digital assets) or (2) due to coordination with the development team or issuer on the timing and nature of public disclosure. Further, the list of investments is updated monthly and, as such, may not reflect the most recent CoinTrack Advisors investments. Past results of CoinTrack Advisors’s investments, pooled investment vehicles, or investment strategies are not necessarily indicative of future results.
