Mechanism Capital

Mechanism Capital is a prominent Singapore-based investment firm deeply embedded within the cryptocurrency industry, with a primary focus on decentralized finance (DeFi), non-fungible tokens (NFTs), blockchain gaming, and core infrastructure. Co-founded by Andrew Kang, a well-known figure in the crypto space, the firm has established itself as a significant player known for its conviction-driven approach and active engagement with its portfolio companies. Unlike traditional venture capital, Mechanism Capital often adopts a more hands-on strategy, participating in governance, providing liquidity, and staking assets to support the protocols they back.

The firm's investment thesis revolves around identifying and supporting foundational blockchain technologies and applications that are poised for long-term growth and adoption. They seek out projects that demonstrate strong technical innovation, robust tokenomics, and a clear path to decentralization. Mechanism Capital's portfolio spans a wide array of categories, including leading DeFi protocols like Aave and Lido, derivatives platforms such as dYdX and Perpetual Protocol, and emerging projects in the Web3 gaming and NFT sectors. Their deep understanding of crypto primitives allows them to identify high-potential ventures early in their development cycles.

Mechanism Capital has demonstrated substantial deployment capacity since its inception. By 2021, the firm had already deployed over $100 million across a diverse portfolio of more than 30 projects, showcasing its significant footprint in the nascent but rapidly evolving digital asset landscape. This aggressive yet strategic investment pace underscores their commitment to fostering innovation within the blockchain ecosystem. Their ability to participate in various stages of funding, from early-stage seed rounds to more mature growth rounds, reflects their flexible investment mandate.

Operating from Singapore, a burgeoning hub for blockchain innovation, Mechanism Capital leverages its strategic location to tap into the vibrant Asian crypto market while maintaining a global outlook. The firm's reputation for rigorous due diligence and its hands-on approach make it a sought-after partner for crypto founders. They are committed to building a decentralized future by backing the protocols and applications that will define the next generation of the internet.