Investments (#)


    DISCLAIMER: This chart is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.


    DISCLAIMER: This chart is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.

    Recent transactions in the domain of stablecoins

    Country Funding round Date
    IDA Finance Hong Kong Ltd
    Hong Kong-based digital asset company.
    Hong Kong SAR China Seed
    USD 6,000,000 (USD 6,000,000)
    2 Sep 2024
    UPFI Network
    Stablecoin partially backed by collateral and partially stabilized algorithmically.
    Private Round
    USD 1,500,000 (USD 1,500,000)
    13 Oct 2021
    Liquity
    Decentralized borrowing protocol that offers interest-free liquidity against ETH as collateral.
    Series A
    USD 6,000,000 (USD 6,000,000)
    29 Mar 2021
    Afriex
    Platform that provides instant, zero-fee transfers to Africans at home and in the diaspora.
    United States Seed
    USD 1,200,000 (USD 1,200,000)
    22 Mar 2021
    Yield Protocol
    Open source platform allowing anybody to create and execute yield farming & trading strategies on the Ethereum Defi ecosystem.
    Private Round
    USD 767,000 (USD 767,000)
    1 Mar 2021
    Afriex
    Platform that provides instant, zero-fee transfers to Africans at home and in the diaspora.
    United States Seed
    USD 125,000 (USD 125,000)
    25 Aug 2020
    Compound Labs Inc
    Developer of algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
    N/A
    31 Dec 2019
    Carbon-12 Labs Inc
    Seed
    USD 2,000,000 (USD 2,000,000)
    12 Apr 2018
    MakerDAO
    Decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its stable token (Dai) against the USD.
    Initial Coin Offering
    USD 12,000,000 (USD 12,000,000)
    15 Dec 2017

    Best funded companies in stablecoins





    Decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its stable token (Dai) against the USD.





    Decentralized borrowing protocol that offers interest-free liquidity against ETH as collateral.

    Investment themes:




    Stablecoin partially backed by collateral and partially stabilized algorithmically.

    Investment themes:




    Platform that provides instant, zero-fee transfers to Africans at home and in the diaspora.





    Open source platform allowing anybody to create and execute yield farming & trading strategies on the Ethereum Defi ecosystem.

    Investment themes:




    Stablecoin and digital asset payments technology platform.

    Investment themes:




    Developer of algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.

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    Permissionless decentralised protocol that combines spot trading services and money markets with lending & borrowing services through smart contracts.

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    Synthetic British Pound stablecoin.

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    Decentralized foreign exchange protocol optimized for stablecoins.





    Swiss Frank synthetic stablecoin.

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    Decentralised payment network and stablecoin.

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    Decentralized & scalable stablecoin ecosystem.

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    Synthetic Canadian Dollar stablecoin.

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    Open source, smart contract-based stablecoin.

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    Japanese Yen synthetic stablecoin.

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    PayPal’s digital currency, a stablecoin backed by US dollar deposits, short-term US Treasuries and similar cash equivalents.

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    Decentralized stablecoin protocol.

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    Open platform that makes financial tools accessible to anyone with a mobile phone.





    Ethereum-based decentralized exchange protocol with a dynamically tuned bonding curve optimized for fiat-backed stablecoins.





    Meta stablecoin index currently backed by Curve finance LP tokens.

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    Synthetic Euro stablecoin.

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    Autonomous and non-custodial stablecoin infrastructure.

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    Reserve bank with decentralized governance.

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    Synthetic Australian Dollar stablecoin.

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    Cryptocurrency exchange.





    Synthetic Chinese Yuan stablecoin.

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    Stablecoin with an algorithmic central bank.

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    Binance stablecoin mirroring the value of USD.

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    Singapore Dollar synthetic stablecoin.

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    Blockchain protocol that uses fiat-pegged stablecoins to power price-​stable global payments systems.





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    Decentralized stablecoin that leverages protocol controlled value (PCV) for peg maintenance while maintaining highly liquid secondary markets.

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    Top investors in the domain of stablecoins

    Profile Country Investments
    Polychain Capital LLC Hedge fund investing in cryptocurrencies. United States 4
    Divergence Ventures Crypto venture fund. United States 3
    Greenfield One Early-stage crypto and blockchain venture capital firm. Germany 2
    #Hashed Global, early stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency. South Korea 2
    Alameda Research LLC Quantitative trading firm bringing expertise from Wall Street and Silicon Valley to provide liquidity in crypto markets worldwide. United States 2
    Hex Capital Venture capital firm nvesting in early-stage crypto assets and blockchain companies solving challenging technological, social and financial problems. Canada 2
    CMS Holdings LLC Principal investment firm focused on making investments across the cryptoasset ecosystem. United States 2
    1confirmation Management LLC Venture capital firm that supports exceptional founders fueling the decentralization of the web and society. United States 2
    Lemniscap Investment firm specialising in investments in emerging cryptoassets & blockchain startups. Hong Kong SAR China 2
    Dragonfly Capital Multi-stage venture capital firm focused on the software, fintech, cryptocurrency, and financial services sectors. United States 2
    Uncorrelated Ventures Venture capital firm focused on infrastructure software. United States 2
    Y Combinator American technology startup accelerator. United States 2
    a16zcrypto The blockchain-focused investment arm of Andreessen Horowitz. United States 2
    A195 Capital Venture firm providing capital globally to early stage blockchain, cryptocurrency, and tokenized digital assets. 2
    YBB Foundation Ltd Venture capital firm with a focus on blockchain projects. China 2
    Raj Gokal 1
    Parallel Ventures 1
    Lua Ventures 1
    LD Capital Crypto fund in investment and trading in primary and secondary markets, whose sub-funds include dedicated eco fund, FoF and hedge fund. Singapore 1
    Walden Bridge Capital LLC Cryptoasset investment firm based in Chicago. United States 1
    Oracles Investment Group Platform for crypto project teams to raise capital, grow supporters, and crypto Investors to take part in promising projects. 1
    Internet Holding SAPI de CV 1
    GSR Trading firm in the cryptocurrency ecosystem. United Kingdom 1
    TRGC Digital Asset Fund Netherlands 1
    General Catalyst Group Management LLC Venture capital firm that makes early-stage and transformational investments. United States 1
    7Star Capital Venture capital firm focusing on blockchain underlying technology and Web3.0 applications. Singapore 1
    Avalon Wealth Club 1
    Brinc Ltd 1
    Gate.io Labs 1
    Angel DAO Venture Decentralized Autonomous Organization. 1
    FBG Capital Digital asset management firm. China 1
    Moonwhale Blockchain Ventures Inc Advisory and investment platform for businesses to finance expansion by tokenisation, to improve security and value chain through blockchain tech. Singapore 1
    FirstMark Capital LLC Venture capital firm United States 1
    Mayor Capital Vietnam-based investment fund that exclusively focuses on blockchain-enabled companies.  Vietnam 1
    Launch Africa Mauritius 1
    Scale-Up GP Inc 1
    CMC Capital Group Vietnam 1
    Kenetic Capital Ltd Venture capital fund investing in equity of Series A / B blockchain technology companies. Hong Kong SAR China 1
    BlueBridge Financial 1
    1KX LP Token angel fund. Cayman Islands 1
    AV Star Capital Crypto incubator for the ASEAN region. Indonesia 1
    Paradigm Crypto Fund Cryptocurrency investment fund. United States 1
    Three Arrows Capital Ltd Hedge fund manager with heavy emphasis on cryptocurrency investments. Singapore 1
    The Fund Venture capital fund investing in mission-driven, technology-enabled companies at the earliest stages. United States 1
    Kyros Ventures Incubator of early stage blockchain and cryptocurrency projects in Vietnam. Vietnam 1
    SB Opportunity Fund LLC Venture fund dedicated to supporting and building a community of outstanding Black, Latinx and Native American founders. 1
    Titan Fund 1
    Coinbase Ventures The corporate venturing arm of Coinbase investing in companies building the open financial system. United States 1
    Yolo Investments Estonia 1
    Continue Capital Continue Capital focuses on investing in global blockchain technology, early-stage technology startup and providing Quant-Trading service. United States 1

    Top acquirers in the domain of stablecoins

    Profile Country Acquisitions
    Fireblocks LLC Platform to store, transfer, and issue digital assets. 1