institutional-crypto
(16)
Finality Capital
A Santa Monica firm that has been quietly backing blockchain builders since 2018 - before it had a fund - now runs venture, liquid, and credit strategies on a single conviction: the next internet gets settled onchain.
Fireblocks
Fireblocks began with a $200 million crypto heist and a stubborn question: how do you move digital money without handing attackers the keys? Eight years later, its answer has become an operating system for institutions moving value onchain.
Babel Finance
The Hong Kong lender wanted to be the JP Morgan of crypto. It reached a $2 billion valuation in May 2022 - then froze withdrawals a month later after an unhedged trading bet lost roughly $280 million of client money.
Aspen Digital
Aspen Digital is an ADGM-regulated digital asset management platform built for private wealth. Founded in 2021 and co-incubated by Everest Ventures Group and TTB Partners, it gives family offices, external asset managers and ultra-high-net-worth investors a single regulated account to trade, custody, earn yield on and report across crypto - plus a white-label infrastructure stack that lets other wealth managers offer the same. It is backed by RIT Capital Partners (the Rothschild investment trust) and Liberty City Ventures.
Fuze
Fuze is a Dubai-based digital asset infrastructure company that lets banks, fintechs, and enterprises across MENA and Turkey offer regulated crypto and stablecoin services through a single API. Its stack spans Digital Assets-as-a-Service, an OTC trading desk, stablecoin payment rails, embedded trading, and custody, all built on regulated, compliant infrastructure. Licensed by Dubai's VARA and holding a Retail Payment Services license from the UAE Central Bank, Fuze has onboarded hundreds of institutions and processed billions in digital asset volume since its 2023 launch.
RockX
RockX is a Singapore-based Web3 infrastructure company that runs institutional-grade staking, validator, and RPC/node-API services across major proof-of-stake blockchains. Founded in 2019 by veterans of Zilliqa and RockMiner and led by CEO Zhuling Chen, it operates 13,000+ validators and has secured more than US$1.5B in staked assets. RockX is also an early contributor to Bedrock, the multi-asset liquid restaking protocol behind uniETH, uniBTC and the BR token, positioning the company at the center of institutional staking and Bitcoin-based DeFi in Asia.
August Digital
August Digital is a New York-based institutional crypto company building on-chain prime brokerage infrastructure. Its platform gives trading desks, funds, protocols and treasuries secure smart-contract accounts, real-time risk and pricing engines, cross-margining, lending, and structured products so they can borrow, lend, trade and settle across DeFi and CeFi with any liquid collateral - all with on-chain auditability. August also operates Upshift, a vault product that opens institutional-grade yield strategies to a wider set of users. The company raised a $10M Series A led by Dragonfly in March 2025 and reports having processed roughly $45B in cumulative volume.
Crossover Markets
Crossover Markets is a New York-based institutional trading technology firm behind CROSSx, one of the first execution-only cryptocurrency electronic communication networks (ECN). Founded in 2022 by former FX prime brokerage executives, it decouples trade execution from custody and brokerage to remove the conflicts of interest common on crypto exchanges. CROSSx pairs sub-20 microsecond matching with smart order routing and custom dark and lit liquidity pools, and has matched more than $50 billion in notional volume across 12 million trades for nearly 100 institutional participants.
CryptoQuant
CryptoQuant is a crypto on-chain and market data analytics platform founded by Ki Young Ju that collects raw blockchain data, enriches it with exchange and entity labels, and delivers it as actionable metrics, charts, alerts and APIs. Often called 'the Bloomberg of crypto,' it serves professional traders, researchers and 200-plus institutional clients, and was the first on-chain data provider listed on CME Group's DataMine marketplace.
SignalPlus
SignalPlus is a Hong Kong-based, venture-backed technology company building institutional-grade infrastructure for digital asset derivatives. Its software sits on top of exchanges like Deribit, Binance, Bybit, OKX and Coincall, giving professional traders, market makers and institutions a free, Wall Street-grade options terminal with pricing, analytics, execution algorithms, automated delta hedging and, increasingly, agentic AI - all aimed at democratizing options for crypto markets.
The Tie
The Tie is a New York-based information services company for institutional digital asset markets. Founded in 2017, it built the Crypto SigDev Terminal - a Bloomberg-style workstation that combines real-time news, sentiment analytics, market data, and on-chain data - and has since expanded into staking infrastructure, corporate access and advisory, and compliant institutional messaging. Its clients include hedge funds, market makers, banks, trading venues, and crypto protocols.
Hashdex
Hashdex is a crypto-focused asset manager that packages digital assets into regulated index funds and ETFs so ordinary investors can buy crypto through a brokerage account. Founded in Brazil in 2018 and now headquartered in the New York area, it co-developed the Nasdaq Crypto Index, launched the world's first crypto index ETF in 2021, and brought the first multi-asset spot crypto ETF (NCIQ) to US investors in 2025. The firm manages roughly $1 billion across products in nine countries.
Cubist
Cubist is a security-first Web3 infrastructure company that builds hardware-backed key management and confidential compute for digital assets. Its flagship platform, CubeSigner, keeps cryptographic keys sealed inside secure hardware (HSMs and AWS Nitro Enclaves) while giving developers low-latency signing through revocable sessions and a programmable policy engine - resolving the old tradeoff between cold-wallet security and hot-wallet speed. Founded by applied cryptographers and security researchers from Carnegie Mellon and UC San Diego who designed primitives underlying Ethereum and Avalanche, Cubist serves staking providers, DeFi protocols, bridges, and institutions building on internet capital markets.
Soter Insure
Soter Insure is an institutional-grade insurer built for the digital asset economy. Licensed by the Bermuda Monetary Authority, it writes policies denominated in native crypto - Bitcoin and Ethereum - alongside fiat, covering risks like asset loss, crime, smart contract failure, directors & officers liability, and Ethereum staking slashing. Founded by Henson Orser and incubated by Further Ventures and WebN Group, Soter aims to close the insurance gap that has held institutional capital back from Web3.
Kaiko
Kaiko is a global provider of cryptocurrency and digital asset market data, analytics, indices, and surveillance built for institutions. Founded in Paris in 2014 and led by CEO Ambre Soubiran since 2016, the company turns raw data from 200+ exchanges, 20+ blockchains, and 20,000+ digital assets into clean, regulated, institutional-grade feeds used by banks, asset managers, exchanges, and regulators. After acquiring Amberdata in June 2026, Kaiko positions itself as the only independent, globally regulated data and analytics company spanning crypto and tokenized assets.
VersiFi
VersiFi is a New York-based institutional digital asset trading and lending firm that pairs a low-latency, plug-and-trade platform with high-touch service. It gives institutions a single point of access to OTC and algorithmic trading, direct market access, borrowing, lending, and third-party custody - all wrapped in TradFi-grade compliance and risk controls.