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Antalpha

Asia, Central Region, Singapore, Singapore

Description

Antalpha is a prominent Singapore-based financial services firm specializing in digital assets, with a significant focus on institutional clients active in the Bitcoin and broader cryptocurrency markets. Beyond its core offerings of asset management, prime brokerage, and structured products, Antalpha operates a dedicated venture capital arm, Antalpha Capital. This investment arm is strategically positioned to support the burgeoning blockchain ecosystem by investing in promising early to growth-stage projects.

Antalpha Capital's investment thesis centers on a wide array of blockchain verticals, including decentralized finance (DeFi), GameFi, non-fungible tokens (NFTs), foundational infrastructure, and various Web3 applications. The firm actively seeks out innovative companies that are poised to drive the next wave of digital asset adoption and technological advancement. A key development in their investment strategy was the co-launch of the Antalpha Technologies Smart Fund in October 2022, a substantial initiative with an initial capital commitment of $100 million, aimed at fostering high-quality blockchain ventures.

Through Antalpha Capital, the firm provides not only financial backing but also strategic guidance, industry expertise, and access to its extensive network within the digital asset space. Their investment activities demonstrate a clear commitment to nurturing the growth of emerging technologies. For instance, Antalpha Capital participated in a $1.5 million seed round for Web3Go and a $2.5 million seed round for zkPass, showcasing their engagement with early-stage innovation. Furthermore, their involvement in a $10 million Series A round for HashKey Global highlights their capacity to support more mature, growth-stage companies within the digital asset landscape.

Investor Profile

Antalpha has backed more than 28 startups, with 5 new investments in the last 12 months alone. The firm has led 2 rounds, about 7% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Switzerland.
  • Strong thematic focus on Blockchain, Cryptocurrency, Bitcoin.
  • Led 2 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (71%)
  • Series A (11%)
  • Pre Seed (7%)
  • Series Unknown (4%)
  • Angel (4%)
  • Series C (4%)

Country Focus

  • United States (29%)
  • Singapore (18%)
  • Switzerland (7%)
  • Hong Kong (7%)
  • Cayman Islands (4%)
  • Bahamas (4%)
  • Taiwan (4%)
  • United Arab Emirates (4%)
  • Gibraltar (4%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Bitcoin
  • Financial Services
  • Information Technology
  • Software
  • Information Services
  • Web3
  • Fintech
  • Banking
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Antalpha frequently co-invest with?

OKX Ventures
Africa, Beau Vallon, Seychelles, Mahé
Co-Investments: 5
Mirana
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 4
GSR
Europe, England, United Kingdom, London
Co-Investments: 4
SNZ Holding
North America, New York, United States, Ronkonkoma
Co-Investments: 6
HashKey Capital
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 5
Waterdrip Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 5
ViaBTC Capital
Asia, Guangdong, China, Shenzhen
Co-Investments: 4
KuCoin Ventures
Africa, Beau Vallon, Seychelles, Mahé
Co-Investments: 6
Mask Network
Asia, Central Region, Singapore, Singapore
Co-Investments: 5
Foresight Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 4

Which angels does Antalpha often collaborate with?

Patricio Worthalter
South America, Buenos Aires, Argentina
Shared Deals: 1
Michael van Paesschen
Asia, Singapore
Shared Deals: 2
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 2
JD
North America, Massachusetts, United States, Cambridge
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
Tim Beiko
North America, British Columbia, Canada, Vancouver
Shared Deals: 1
Dan Held
North America, California, United States, San Francisco
Shared Deals: 2
Shared Deals: 2
SM
North America, Washington, United States, Seattle
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Antalpha?

Function builds the financial infrastructure that activates Bitcoin.

BlockchainCryptocurrency
SeedJul 15, 2025
Amount Raised: $10,000,000

B² Network is a financial services company that offers bitcoin network and crypto assets with solutions in the settlement layer.

BitcoinBlockchainCryptocurrency
SeedOct 21, 2024
Bool Network

Hong Kong, Hong Kong Island, Hong Kong

The Bool Network is a permissionless, decentralized, and secure Bitcoin verification layer.

BitcoinBlockchainCryptocurrency
SeedSep 19, 2024
Amount Raised: $2,000,000

SnakeLite is a classic arcade-style snake game with a competitive twist, offering exciting gameplay and challenges.

Casual GamesOnline GamesVideo Games
SeedAug 28, 2024
Pando Finance

Hong Kong, Hong Kong Island, Hong Kong

Pando Finance is a licensed institution that provides investment solutions to corporate and individual investors.

Asset Management
SeedAug 10, 2024
DAOBase

Dubai, Dubai, United Arab Emirates

DAOBase is an AI-powered data and infrastructure platform developed particularly for DAOs.

Artificial Intelligence (AI)Data Management
SeedJul 24, 2024
Amount Raised: $6,000,000
Renzo

New York, New York, United States

Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer.

CryptocurrencyDecentralized Finance (DeFi)
Series AJun 18, 2024
Amount Raised: $17,000,000
Mint Blockchain

Singapore, Central Region, Singapore

Mint Blockchain allows Web3 developers to issue, trade, index, and store NFTs.

BlockchainWeb3
SeedMay 30, 2024
Amount Raised: $5,000,000
Smart Transactions

New Castle, Delaware, United States

Smart Transactions is a protocol designed to execute transactions.

BlockchainInformation TechnologySoftware
SeedMay 30, 2024
Amount Raised: $5,500,000

Theoriq is a platform for unbounded AI innovation with a modular AI agent base layer.

Information ServicesSoftware
SeedMay 14, 2024
Amount Raised: $6,200,000