Publications
- _Investments
We are excited to share that we recently led Paladin’s $2.55m seed funding round with participation from our friends at Galaxy Digital, NfX and Semantic. Paladin is a decentralized protocol aiming to empower activists by enabling voting power as a financial asset - the protocol launched on Ethereum mainnet today.
- _Investments
We are excited to share that we recently led Hats’ $3.5m seed funding round with participation of Lemniscap, Spartan Capital, Accomplice, Collider Ventures, IOSG Ventures and others. Hats is a decentralized cybersecurity network, which is governed by its community stakeholders and aims to incentivize protocol security.
- _Investments
We are very excited to announce that we have backed Nym Technologies as part of their $6m round together with our co-investors Polychain (lead), Eden Block, Tioga Capital, 1kx and Maven 11. At Greenfield, we are backing developer teams building towards an open, decentralized, and more robust architecture of tomorrow’s internet.
- _Research
One of the most difficult problems in any organization is how to balance short-term interests and long-term goals. Both are necessary for sustainable success in provisioning goods and services, but in traditional finance (TradFi) as well as decentralized finance (DeFi) capital markets there is a growing trend towards focusing on the short-term.
- _Building
Vega is a decentralized derivatives trading protocol with continuous limit order books or mechanisms such as frequent-batch auctions, constructed as a special purpose layer 1 blockchain, with cross-chain collateral deposits. We have been incredibly impressed with the advancements of their tech stack as well as the community they have been gathering along the way.
- _Team_Updates
Investing in crypto and in particular investing across all layers of the stack not only tends to be quite different from traditional VC, it also leads you to opportunities that incentivize or even require you to be an active participant of and a contributor to the things you invest in as opposed to just a passive token holder.
- _Building,_Investments
We recently announced that we led StakeWise’s $2m funding round with participation from Collider Ventures, Gumi Cryptos, Lionschain Capital and a network of private liquidity providers. StakeWise is a liquid ETH2 staking protocol that helps users unlock more profitable and gas-efficient staking.
- _Investments
We are excited to share that we have backed Liquity in a $6M round together with Pantera, Nima Capital, Alameda Research, IOSG, AngelDAO, and others. Liquity is a decentralized interest-free borrowing protocol that allows users to borrow the USD-pegged stablecoin LUSD with ETH collateral.
- _Team_Updates
At Greenfield we continue to grow and broaden our team alongside the market and its requirements. Investing in crypto and in particular investing across all layers of the Web3 stack, oftentimes leads you to invest in projects and interact with teams that tend to be more technical.
- _Investments
We are excited to announce today that we have recently led the oversubscribed $2.1M seed round of Sovryn, with participation from Collider Ventures, Monday Capital and a couple of angels from the Bitcoin community. Sovryn is the first Bitcoin-native DeFi platform.