Jump Trading is a globally-positioned, proprietary trading firm that remains on the cutting edge of algorithmic trading. We are a privately funded company and do not rely on outside investors or private equity. With offices in Chicago, New York, London and Singapore we trade across all major asset classes in the Americas, Europe and Asia.   Because of our ongoing commitment to technology and human capital we have become an industry leader, quietly setting the standard for sophisticated trading strategies. We enjoy a casual atmosphere and a flat organizational structure. Our managing partners are passionate about supporting the exploration of new strategies and concepts throughout the company. They not only encourage new ideas, they expect them. We are more than 350 people with an incredibly diverse set of backgrounds, but collectively we share in our commitment to innovation and Jump's continued success.

Jump Trading

CoinFund is a private cryptoasset investor and blockchain research and advisory firm that focuses on crypto and blockchain investments. The firm was founded in 2015 and is headquartered in Brooklyn, United States.

CoinFund

Kenetic is a proprietary trading and VC investment firm focused on digital assets and blockchain related companies. They have developed technology to facilitate their quantitative trading strategies and offer various digital asset related structured products to counterparts.

Kenetic

Wintermute is a leading global algorithmic trading firm and one of the largest players in digital asset markets. With an average daily trading volume of over $5bn, Wintermute facilitates OTC trading of 350+ tokens and provides liquidity across 80+ centralized and decentralized exchanges. Wintermute is an active player in the ecosystem, and invests in early stage DeFi projects, provides liquidity provisioning services for high profile blockchain projects, and overall supports builders of decentralized finance.

Wintermute

Platinum got into crypto/web-3 space in 2015.  Our developers have extensive industry experience, having come from top-tier global tech firms such as: Finance, Morgan Stanley, Accenture, Amazon, SAP Concur, Alibaba. We have in-depth exchanges with some well-known Developer Communities across the world. Right now we co-invested with a number of reputable venture funds using various investment theses and involving different ticket sizes, while introducing our partners to our VC co-investors. Our network include: 130+ VCs, 80+ Angels, 210+ Projects and 300+ KOLs. We love investing in companies that make impact! Mostly focused on WEB-3/Crypto/Blockchain/Fintech Companies. AUM 35 Mil., investment range 100-250K. Rounds: Pre-Seed, Seed, A. TON ConsenSys 1inch.exchange Marnotaur Micromoney Svarog Cheesus Rari SidusHeroes Certora ..and more!

Platinum Capital

Founded in 2018, Evernew Capital is a venture fund focused on supporting decentralized finance (DeFi), NFT, and infrastructure projects that add new dimensions of utility to the emerging multi-chain crypto ecosystem. The firm announced that it will establish a 20M ecosystem fund in partnership with the Solana Foundation. The Ecofund will focus on cultivating the crypto developer ecosystem in Taiwan, providing resources and services to incubate promising projects for the Solana ecosystem. Evernew provides a range of services to its portfolio projects such as strategic advising, tokenomics development, marketing support, technical feedback, auditing, further product ideation, and connections to potential partner projects. The fund’s strong presence and network in the Taiwan and East Asia region enables them to introduce products to those target markets more efficiently and help teams with navigating local regulatory hurdles.

Evernew Capital

Ryze Labs

GBV Capital is dedicated to invest, develop, and the support blockchain and crypto projects to build our future

GBV Capital

Protofund is an early-stage venture fund founded by entrepreneurs for entrepreneurs. We invest in passionate teams building blockchain/web3 and consumer products.

Protofund

Block Hype is the marketing industry in crypto and blockchain.

Block Hype

IconPlus Capital is an early-stage venture capital fund that invests in the blockchain industry. It uses a highly selective investment approach utilizing deep industry experience of the more advanced aspects of its investing markets, the wider economy and industries of the future.

IconPlus Capital

Serum

Disrupting the traditional financial system using blockchain

Decentralized Finance (DeFi)

<div>
 
 Amulet offers a Rust-based protocol that leverages Solana’s proof-of-stake network to provide users with stable returns and insurance services via a proprietary “Protocol Controlled Underwriting” and “Future Yield Backed Claim” mechanism that reduces risk for the underwriting capital providers. 
 
 
 Amulet offers coverage on smart contract risk, stablecoin de-peg risk, and slashing risk, but it aims to expand to GameFi and NFT asset insurance, Metaverse life, and property insurance, among other types of web 3.0-based insurance products. Amulet stated that it would adopt a multi-chain strategy and deploy in other non-Ethereum Virtual Machine (EVM)-based networks. 
 
 
 In April 2022, Amulet raised USD 6 million in seed funding led by gumi Cryptos Capital.
 
</div>

<div>
 
 Cashmere offers a Solana-based digital wallet for enterprise teams and individuals to store digital assets. It provides firms with multi-signature authentication, which requires the approval of several wallets in order to process transactions. This allows for joint management of wallets and the elimination of a single point of failure.
 
 
 
 
 Key customers and partnerships 
 
 
 
 
 As of August 2022, the platform’s customers included crypto hedge funds, gaming companies, and NFT marketplaces such as OpenSea.
 
 
 
 
 Funding and financials 
 
 
 
 
 In August 2022, Cashmere
 <a href="https://sp-edge.com/updates/12199">
 raised USD 3 million
 </a>
 in seed funding from Coinbase Ventures, FBG Capital, and YCombinator at a valuation of USD 30 million. The company earmarked the funds to expand its engineering team and launch a premium product for enterprises later that year.
 
 
 
</div>

Everlend is a lending and borrowing aggregator that offers the highest yield on deposits and the lowest interest rate on loans. As market conditions change, Everlend uses automatic rebalancing and refinancing mechanisms to continually optimize the user's position. It was founded in 2021 and is headquartered in Kyiv, Ukraine.

Cashmere creates a safer crypto wallet that secures treasury. It transfers funds using the multi-signature signing feature, which combines the flexibility of hot wallets with the storage security of cold wallets. Cashmere focuses on assisting people in securely storing their cryptocurrency. It will safeguard cryptocurrencies even if hot wallets such as Slope and Phantom are compromised.

Fig is a technology platform that helps financial services firms such as banks, portfolio managers, and broker dealers to offer crypto structured & direct indexing products as a white-label solution for their high net worth clients.

Vybe Network is a data infrastructure solution that enables the solana community to query, index, and share on-chain data to build web 3.0 dApps and analytics.

CrowdPad is building an AI-powered end-to-end marketing assistant. It was founded in 2021 and is based in London, England.

Amulet Protocol offers a variety of solutions, including as smart contract vulnerability, stablecoin de-peg, and NFT cover choices, to provide further safety for your digital assets. Three layers of security separate claims from assets in the Amulet Protocol. Staking is simple to accomplish and, more importantly, it is supported by the highest level of security. Amulet was established in 2021 in Singapore.

Aver is a decentralized peer-to-peer betting exchange built on the Solana blockchain and the world’s first decentralized Web3 betting exchange.

Cypher is a decentralized synthetic asset protocol, allowing retail and institutional investors to create and trade pre-public markets.

Dexlab is a decentralized exchange where the best Solana projects mint and list their tokens.solana customer care number solana customer care

Serum is the world's first completely on-chain cryptocurrency ecosystem with trustless trading brought to you by Project Serum, in collaboration with a consortium of crypto trading and DeFi experts. Built on Solana, Serum is fast and efficient. While we built the Serum protocol, it is permission less – we do not hold special power anymore. It is up to you, the crypto community, to use it as you will.

<div>Serum provides a permissionless, decentralized exchange that offers support for stablecoins, cross-chain swaps, and the ability to create custom financial products. Serum operates using the native token SRM, which also gives holders governance rights over the Serum ecosystem. Serum also offers tools for developers to create decentralized exchanges among other DeFi products while offering grants to eligible projects built on Serum.</div>

<div>
 
 Serum provides a permissionless, decentralized exchange that offers support for stablecoins, cross-chain swaps, and the ability to create custom financial products. Serum operates using the native token SRM, which also gives holders governance rights over the Serum ecosystem. Serum also offers tools for developers to create decentralized exchanges among other DeFi products while offering grants to eligible projects built on Serum.
 
 
 Funding and financials
 
 
 In September 2021, Serum secured a significant investment from Jump Trading and formed a liquidity partnership with the firm. Jump Trading will help market-making and liquidity handling for assets, as they go live on Serum’s exchange. 
 
 
 In November 2022, Serum 
 <a href="https://sp-edge.com/updates/14943?industryIds=64">
 announced that it had become defunct 
 </a>
 due to its affiliation with FTX, a cryptocurrency exchange that declared bankruptcy that same month. The protocol stated that the upgrade authority for its smart contracts was held by FTX, requiring it to depend on the company to make upgrades to the security of its smart contracts. Serum went on to launch a community-led fork of its Serum V3 protocol dubbed “the OpenBook DEX.”
 
 
 
 
 
</div>

<div>
 
 MakerDAO is a DAO (governed through the MKR token) that manages the Maker Protocol.&nbsp;
 
 
 Developed on the Ethereum blockchain, the Maker Protocol allows users to place their funds (through cryptocurrency) as collateral in exchange for its stablecoin DAI, which is pegged to the USD. DAI can be used like any other cryptocurrency and even as savings since holders of DAI are entitled to a return based on the DAI Savings Rate (DSR). The DSR is determined by members of the DAO using a mix of public and proprietary market data. In October 2022, MakerDAO 
 <a href="https://sp-edge.com/updates/14067">
 passed a proposal
 </a>
 to separate its DAO into multiple self-sustaining units called MetaDAOs. These DAOs will be separate from Maker&rsquo;s broader governance system and will have their own community and token.
 
 
 MakerDAO offers access to investing and borrowing DAI through the Oasis app, developed by some of the creators of Maker Protocol. In addition, the Maker Protocol is available for developers of DeFi apps, who can build apps to facilitate earning, investing, and borrowing DAI. As of December 2021, the Maker Protocol integrated with over 400 applications, ranging from payments systems to gaming platforms. MakerDAO generates revenue through stability fees (akin to interest payment on borrowed DAI) and liquidation fees, which is an additional charge that occurs when the value of the submitted collateral falls below a set liquidation amount. 
 
 
 In April 2022, MakerDAO announced that it was bridging to StarkNet, a reportedly cheaper and faster zero-knowledge (ZK) overlay chain built by StarkWare. Along with its expansion on Ethereum, the DAO plans to move toward a multi-chain offering with this rebuild. It plans to roll-out this offering in 4 phases, beginning with a simple bridge between the main blockchain and StarkNet&rsquo;s Layer 2. &nbsp;
 
 
 In February 2023, the company 
 <a href="https://sp-edge.com/updates/16269?industryIds=64">
 launched a new lending platform
 </a>
 named Spark Protocol, to enable users to borrow, lend, and stake DAI, the protocol&rsquo;s stablecoin. The platform, which is a fork of Aave's version 3 (v3), will be built by Phoenix Labs, a research and development company formed by the DAO. Additionally, the company also announced deployment of etherDAI, a liquid staking derivative for Ethereum that will be pegged to the value of ETH. Furthermore, in March, MakerDAO went on to
 <a href="https://sp-edge.com/updates/17322">
 approve a number of new proposals 
 </a>
 that make changes to both its governance structure and the investment of its treasury. These changes divide the DAO&rsquo;s current structure into smaller self-governed and self-sustained units named SubDAOs, which will also have their own tokens in the MakerDAO ecosystem. Moreover, the proposal also planned to increase the protocol&rsquo;s revenues by investing a part of its reserves (worth USD 7 billion) into real-world assets and money-market funds. 
 
 
 Funding and financials 
 
 
 As of April 2022, MakerDAO had around USD 13.7 billion in total value locked (TVL).The company&rsquo;s most recent funding round was in April 2020 for an undisclosed sum. Previously, the company raised USD 27.5 million through the sale of its MKR token to Dragonfly Partners and Paragon to expand its operations to Asia. 
 
 
 
</div>

MakerDAO

<div>
 
 Founded by former executives of Qualcomm, Solana Labs is the developer of the Solana blockchain, which uses the native cryptocurrency SOL. The company enables developers to create decentralized applications in its blockchain and is capable of carrying out 50,000 transactions per second (TPS) with a theoretical upper limit of 710,000 TPS for the architecture. As of December 2021, the blockchain averaged around 2,500 TPS. This is in contrast to Ethereum’s average of between 13 to 15 TPS. In addition to transaction speed, Solana also has other advantages such as lower transaction fees and improved scalability, given the differences in its consensus mechanism and underlying architecture.
 
 
 As of December 2021, more than 400 projects were created using Solana, ranging across use cases such as DeFi, NFTs, and gaming.
 
 
 Key customers and partnerships
 
 
 In June 2022, Solana partnered with Edgevana, an edge colocation services provider, to deploy 500 bare metal servers in 32 of Edgevana's data center and colocation facilities across the globe. This enables validators to leverage Edgevana's product offering to increase the speed of setting up. 
 
 
 Funding and financials
 
 
 Total value locked (TVL) in DeFi projects across the Solana blockchain amounted to USD 6.4 billion as of April 2022. The company raised USD 314 million through an initial coin offering (ICO) of SOL. The ICO was co-led by Polychain Capital and Andreessen Horowitz. The funding was to be used to create a venture investing arm, a trading desk, and support the development of new applications in its blockchain.
 
</div>

Solana

<div>
 
 Swiss-based Eidoo is a developer of a wallet that supports cryptocurrencies such as Bitcoin and Ethereum, along with tokens such as DAI, MKR, AAVE, and UNI, among others. In addition, Eidoo provides a DeFi marketplace that integrates with its wallet, allowing users to trade any tokens that they hold. Eidoo also offers a debit card that allows the conversion of digital assets into fiat currencies, such as the GBP and EURO, and spending or even withdrawing cash from ATMs.
 
 
 Eidoo began with the proprietary token EDO, which it also used to raise USD 27.9 million in an initial coin offering (ICO) in 2017. The token was then upgraded following its merger with blockchain oracle provider Provable Things to establish pNetwork, the infrastructure that facilitates cross-chain interactions between multiple decentralized apps, governed by the token PNT. To obtain an Eidoo debit card, users are required to stake PNT ranging from 20 to 200,000 for various service tiers.
 
 
 Eidoo had several applications such as virtual account numbers to deposit money and obtain a tokenized representation of their deposit as well as features to buy, hold, and trade NFTs in the roadmap as of December 2021.
 
</div>

Eidoo

Synthetix is a DAO (governed by holders of its native token SNX) that offers a platform on which users can trade and vote on the creation of on-chain synthetic assets, which are derivatives based on real-world assets. These synthetic assets enable traders to capture the price movements of assets such as cryptocurrencies, fiat currencies, stocks, and commodities, among others, with zero slippage. The protocol allows users to stake SNX as collateral for the debt pool and earn weekly rewards. As of April 2022, Synthetix had USD 642 million in total value locked (TVL).Additionally, Synthetix also offers the opportunity for developers to build on top of the platform to tap into its liquidity as well as develop decentralized perpetual futures, options markets, deal coordination markets, and more. As of December 2021, the protocol served large DeFi platforms including 1inch, Curve Finance, Yearn Finance, and Paraswap.In February 2023, Synthetix <a href="https://sp-edge.com/updates/16609?industryIds=64">deployed version 3 (v3) of its platform </a>on the Ethereum mainnet. V3 reportedly offers more efficient architecture that enables developers to create products that offer a liquid market for any financial derivative, as well as more complex decentralized applications. Additionally, the solution also offers staking and differentiated debt pools, to enable stakers to earn fees from supplying collateral to specific asset pools. The company went on to deploy its protocol on Base, an Ethereum Layer-2 blockchain developed by Coinbase, in April 2024. Moreover, the company announced plans to launch a new perpetual futures exchange named Infinex in the following months. Funding and financialsIn March 2023, Synthetix <a href="https://sp-edge.com/updates/17267">received an investment of USD 20 million </a>from DWF Labs, a Web3 venture capital company. Synthetix plans to use this investment to drive volume for its protocol across both centralized and decentralized exchanges and invest in product development.

Synthetix

<div>
 
 Compound is an open-source lending protocol built on Ethereum that allows developers to build DeFi applications for functions such as deposits and lending. Compound offers adjusted money market interest rates based on asset-specific supply and demand and supports a number of Ethereum-based assets for users to take collateralized loans and lock-up assets without borrowing. Locked assets are automatically liquidated if an independent oracle determines that the price has dropped too low. Additionally, since assets are stored in a shared pool, even users with liquidated collateral can claim tokens if they are able to repay the general pool. Compound also 
 <a href="https://sp-edge.com/updates/13038">
 offers borrowing services
 </a>
 for institutional clients that allow them to borrow USD or USDC at a fixed annual percentage rate of 6% using cryptocurrencies such as Bitcoin or Ether as collateral, with a loan-to-value of 90%.
 
 
 
 
 As of April 2022, Compound has a total value locked (TVL) of USD 2.1 billion. The protocol is governed by its native-token COMP, which along with a variety of other digital assets that are a part of the Compound ecosystem, are supported by Coinbase Custody, a crypto asset custodian. In August 2022, Compound launched a version of its protocol named “Compound III” which features a single borrowable asset. Users can supply collateral that can never be withdrawn by other users (except during liquidation) and borrow USDC.
 
 
 
 
 In May 2022, Compound
 <a href="https://sp-edge.com/updates/10267">
 received a B- credit rating from S&P Global Ratings
 </a>
 on its enterprise credit facility which offers 4% annually on deposits of the stablecoin USDC. Notably, Compound claims that this is the first time an "institutional DeFi" product has been scored by a major credit rating agency.
 
 
 
 
 Funding and financials
 
 
 
 
 Compound’s last funding round was in November 2019 where it raised USD 25 million in a Series A led by Andreessen Horowitz’s a16z crypto fund to help the company further decentralize the protocol by enabling crypto exchanges and custodians such as Coinbase to maintain the protocol going forward.
 
 
 
</div>

Compound

All companies within this industry are either blockchain-based platforms or offer blockchain-centric services

Promotes financial inclusivity, allowing those that won't traditionally have access to credit to raise funds

Companies with the infrastructure segment offer solutions for users to build decentralized applications

Decentralized exchanges that help connect buyers and sellers of DeFi tokens without the need to rely on an intermediary

Serum

Decentralized Finance (DeFi)

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Serum becomes latest casualty following the collapse of cryptocurrency exchange FTX

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