All funds
Canonical Crypto logo

Canonical Crypto

$106Tdisclosed portfolio round capital
1 Apr, 2026last investment
17portfolio companies
2team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 23 Jul 2026 across seed, series a, unknown. Later-round outcomes are capped at the period end.

70.6%companies with a later round · 12/17
2.27×median round-size step-up · n=10
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 19 syndicated
Finance · 4 companiesInfrastructure · 4 companiesData & Analytics · 3 companies

These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.

Opportunities

Crypto jobs across Canonical Crypto's portfolio

42 current roles at companies backed by Canonical Crypto, sourced from JobStash's crypto job board.

People

Team

A

Anand Iyer

Managing Partner

A

Anthony Avedissian

Partner

Portfolio

Investments

Full financing histories for portfolio companies. Highlighted rounds are those where Canonical Crypto is recorded as an investor.

Concrete logo

Concrete

crypto
Finance

Concrete provides institutional-grade on-chain finance infrastructure. Its offerings enable automated vault strategies for earning yield across on-chain opportunities and institutional/custodian-focused solutions.

Unknown1 Jun, 2025$9.5M round
Unknown1 Feb, 2024$7.5M roundSyndicated · 16 disclosed investors
Farcaster logo

Farcaster

crypto
Infrastructure

Farcaster is an open social network built for the crypto community.

M&A1 Jan, 2026
Unknown21 May, 2024$150T round
Series A1 May, 2024$150M round$1B valuation
Seed1 Jul, 2022$30M roundSyndicated · 22 disclosed investors
Formfunction logo

Formfunction

out of scope
NFTs

Formfunction was an NFT marketplace designed for independent artists and creators. The platform was officially closed in March 2023, and its codebase was subsequently made open source for the community to use and build upon.

Seed1 Mar, 2022$4.7M roundSyndicated · 6 disclosed investors
Gensyn logo

Gensyn

hybrid
Infrastructure

Gensyn operates decentralised infrastructure for machine intelligence. Its network enables AI systems to train, verify, trade, and evolve through peer-to-peer communication, on-chain identity, and cryptographic verification.

Public Sale1 Dec, 2025$14M round$473M valuation
Series A12 Jun, 2023$43T roundSyndicated · 11 disclosed investors
Pre-Seed1 Jan, 2021$1.1T round
Hyperline logo

Hyperline

crypto
Data & Analytics

Hyperline is a Web3 data lakehouse for analytics, data science, and machine-learning workloads. It serves startups and enterprises building data-powered Web3 products.

Seed24 Jan, 2024$5.2T roundSyndicated · 9 disclosed investors
Payments

Decentralized infrastructure for Web3 applications, focusing on scalability and efficiency.

M&A1 Sep, 2025
Seed1 Feb, 2024$9.5M roundSyndicated · 7 disclosed investors
Unknown1 May, 2023

Nuffle Labs builds next-generation modular infrastructure for blockchain layers.

Unknown13 Jun, 2024$13T roundSyndicated · 20 disclosed investors

OpenGradient is a research lab building at the frontier of AI and blockchain computing, focusing on creating the future of machine cognition with portable memory, verifiable compute, and open models.

Unknown1 Apr, 2026$9.5M roundSyndicated · 15 disclosed investors
Seed9 Oct, 2024$8.5T roundSyndicated · 12 disclosed investors
Finance

Prime Protocol is the first natively cross-chain prime brokerage. It allows users to deposit assets on one blockchain and borrow against them on another, consolidating all digital assets into one protocol to provide a unified line of credit.

Strategic Round17 Sep, 2024$1.3T round
Seed18 Mar, 2022$2.8T roundSyndicated · 15 disclosed investors
Infrastructure

Puffer Finance develops Ethereum infrastructure products, including a liquid restaking protocol, the UniFi based rollup, preconfirmation services, and institutional staking solutions. It serves ETH stakers, validators, rollup builders, and institutional participants.

Series A1 Apr, 2024$18M round$200M valuation
Unknown1 Jan, 2024
Seed1 Aug, 2023$5.5M roundSyndicated · 8 disclosed investors
Pre-Seed1 Jun, 2022
Rain logo

Rain

crypto
Finance

Rain helps users buy, sell, and swap cryptocurrencies with regulated custody, bank-grade security, and 24/7 support across web and mobile.

Series C9 Jan, 2026$250T round$2B valuation
Series B28 Aug, 2025$58T round
Unknown24 Mar, 2025$25T roundSyndicated · 14 disclosed investors
Unknown1 Jan, 2025$6M round
Series B1 Jan, 2022$110M round
Unknown12 Nov, 2021$75T round
Series A15 Aug, 2021$25T round
Series A14 Dec, 2020$9.4T round
Series A22 Oct, 2020$6T round
Seed1 Jul, 2019$2.5M round
Sahara AI logo

Sahara AI

hybrid

Sahara AI is a decentralized AI blockchain platform and developer platform that enables users to create, build, and monetize AI models, datasets, and applications. It provides tools, resources, and infrastructure for developers and researchers to build and deploy AI solutions, including AI agents, through a peer-to-peer marketplace. The platform aims to make AI equitable, transparent, and accessible for all contributors.

Public Sale1 Jun, 2025$8.5M round$600M valuation
Series A1 Aug, 2024$43M roundSyndicated · 17 disclosed investors
Infrastructure

Sentient Foundation is a Singapore-based nonprofit advancing open-source, decentralized AGI aligned with humanity. It conducts and supports open AI research, provides grants and investments, and operates AI applications and infrastructure for researchers, developers, and communities.

Seed1 Jul, 2024$85M roundSyndicated · 24 disclosed investors
Sentio logo

Sentio

crypto
Data & Analytics

Sentio provides developer-first, AI-powered modular Web3 data infrastructure. Its decentralized data and compute network helps teams monitor, analyze, diagnose, and build blockchain applications.

Unknown21 Feb, 2023$6.4T roundSyndicated · 4 disclosed investors
Seed1 Feb, 2023$6.4M roundSyndicated · 5 disclosed investors
Developer Tooling

Tensorplex builds infrastructure and applications for decentralized AI development using blockchain technology and DeFi principles.

Unknown1 Mar, 2025
Seed21 Mar, 2024$3T roundSyndicated · 14 disclosed investors
Data & Analytics

The Vybe API offers high-performance, specialized endpoints for DeFi, AI, and trading on Solana, enabling efficient project integration and access to comprehensive data.

Series A1 Jun, 2022$11M roundSyndicated · 9 disclosed investors
Seed1 Jan, 2022$2.5M round
Wasabi logo

Wasabi

crypto
Finance

Wasabi is a leveraged onchain trading protocol for digital assets. It lets users long, short, and swap assets with up to 20x leverage, while depositors can supply multi-asset vaults to earn yield from trading activity and borrow demand.

Seed17 Jun, 2024$3T round
Unknown1 Jun, 2024$3M roundSyndicated · 11 disclosed investors