Encapsulate · Investments
Where we back
We back what we run.
Positions in the networks we validate. We hold the token before we ask anyone else to trust the chain.
Skin in the game
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Encapsulate · Investments
We invest in the chains we operate.
Nodes first, then the cheque. Hover a mark to see when we entered and whether we run a validator there.
Berachain is a high-performance, EVM-identical Layer 1 blockchain using Proof-of-Liquidity (PoL) for consensus, built on the BeaconKit framework for modularity.
Layer 1
2025
Portal OS provides a bridgeless, multichain infrastructure for validators with modular, efficient tools and non-custodial management of user funds. BitScaler enables trustless, cross-chain Bitcoin scaling for DeFi.
Interoperability
2025
Axelar delivers secure cross-chain communication for Web3. Our infrastructure enables dApp users to interact with any asset or application, on any chain, with one click.
Interoperability
2022
Ika is a parallel MPC network on Sui — formerly dWallet Network — letting contracts sign natively on other chains.
Security
2025
Peaq powers a global infrastructure revolution by enabling the creation of Decentralized Physical Infra Networks (DePINs) for mobility, connectivity, energy, and more.
DePIN
2024
Agoric enables developers to build feature-rich dApps, managing assets and services across multiple blockchains, thus unifying the Web3 ecosystem with seamless interoperability.
Cosmos ecosystem
2021
UX Chain is the most programmable, safety-first autonomous lending algorithm blockchain, reshaping global debt markets in Web3 with security, scalability, and cross-chain interoperability
Cosmos ecosystem
2022
Archway is an incentivized L1 blockchain that allows developers to capture the value their dApps create through smart contract premiums, inflationary yields, and gas fee rebates.
Cosmos ecosystem
2023
8 positions. Hover a mark to see one.
Straight answers · 02
The questions a founder actually asks.
Two are answered no, and saying so is the point.
Send the spec before the deck.
If we would run it, we will say so in a week, and say what it would take.