Alex Marinier left private equity to write the earliest checks into blockchain finance. Six years and one Polymarket later, New Form Capital is raising again - and the institutions it once worked for are finally listening.
Splash Sports is a Denver-based skill-based sports gaming platform that modernizes the office pool. Fans act as their own commissioners, creating and joining peer-to-peer real-money contests - Survivor, Pick'em, Tiers, and daily fantasy - across NFL, golf, and other sports. Built on the acquired RunYourPool and OfficeFootballPool audiences, Splash serves more than 2 million active users across 44 U.S. states and Canada, and in 2026 partnered with Polymarket to run the largest pro football survivor contest ever, with $21 million guaranteed.
Fun (fun.xyz) is a payments infrastructure company that moves money on and off blockchains for modern fintech apps. Its rails power deposits, withdrawals, orchestration, and checkout for platforms like Polymarket, Aave, and Lighter - processing more than $18 billion a year. Founded in 2022 by Stanford dropout Alex Fine, the company raised a $72 million Series A in early 2026 led by Multicoin Capital and SignalFire, aiming to be 'the front door' to the new digital economy.