We are very happy to announce our seed investment into Defined, a programmable data platform for decentralized finance (DeFi). We led the $2.5m round with participation from Mark Cuban, Balaji Srinivasan, Tiny Capital, Compound, Inflection, Portico Ventures, Capital 6, Rasool Rayani, and Kamunting Street Capital. We have been active investors…
Marketplace innovation comes in waves and we can point to a handful of major trends over the past two decades: Right now, the most exciting area in marketplace innovation is blockchain-enabled marketplaces, especially with what is happening in decentralized finance. The Ethereum ecosystem has enabled the emergence of a tremendous…
We’re excited to announce our investment in Filebase, the first S3-compatible object storage platform powered by decentralized storage networks. They just announced their $2M seed round led by our friends at Multicoin Capital with participation by Version One. We are very bullish about decentralized storage, and this investment closely follows…
Today our portfolio company Coinbase went public via a direct listing. With an initial market cap of over $100b, it is one of the most valuable public listings of all times in the US. It is also the first IPO in the Version One family and hence, a special milestone…
We’re excited to announce our investment in SuperRare, the leading marketplace for blockchain-based digital art known as Non-Fungible Tokens (NFTs). You’ve probably heard of NFTs given the amount of media coverage over the past few months. But for those of you not familiar with NFTs, here is a quick primer.…
