All funds
$104Tdisclosed portfolio round capital
1 Jul, 2026last investment
25portfolio companies
24team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 21 Jul 2026 across pre seed, private, secondary, seed, series a, series b, strategic, unknown. Later-round outcomes are capped at the period end.

20%companies with a later round · 5/25
1.03×median round-size step-up · n=5
1.00×median valuation step-up · n=1
11.1%recorded-solo rate · 3 solo / 24 syndicated
Finance · 5 companiesInfrastructure · 4 companiesAsset Management · 2 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 FalconX's portfolio

7 current roles at companies backed by FalconX, sourced from JobStash's crypto job board.

People

Team

A

Adam Lapayover

General Counsel

A

Austin Reid

Global Head of Revenue and Business

B

Ben Dapkiewicz

General Manager, Custody

B

Ben Grigus

VP of Corporate Development

B

Brian Brooks

Board Member, MicroStrategy; Partner, O’Melveny & Myers LLP; Former Comptroller of the Currency, Office of the Comptroller of the Currency

B

Brian Crist

Chief Legal and Compliance Officer & Corporate Secretary

C

Chris Clark

Head of Marketing

I

Ivan Galli

VP of Corporate Strategy & Finance

J

Jim Newsome

Co-founder, Delta Strategy Group; Chairman, Cipher Mining Inc.; Former Chairman, Commodity Futures Trading Commission

J

Joe Fusco

Head of Risk

J

Josh Barkhordar

Head of Sales

J

Joshua Lim

Global Co-Head of Markets

M

Matthew Long

General Manager, APAC & Middle East

M

Matthew Whaley

VP, Treasurer

M

Mina Nguyen

Vice Chair, Geneses Investments; Former Jane Street Capital and US Department of Treasury

P

Prathab Murugesan

VP of Engineering

R

Raghu Yarlagadda

Co-founder and CEO

R

Ravi Doshi

Global Co-Head of Markets

R

Rebecca Rettig

Chief Legal Officer, Jito Labs

R

Reza Jahangiri

Founder, CEO, American Advisors Group; Board, SC Master Fund

S

Samia Bayou

Head of International Credit Sales

S

Sujay Jaladi

Chief Security Officer

S

Suzy Walther

Chief People Officer

V

Vanessa Zhang

Global Chief Compliance Officer

Portfolio

Investments

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

21Shares logo

21Shares

crypto
Finance

21Shares helps investors access digital assets by providing regulated crypto ETPs and ETFs through traditional brokers.

M&A1 Oct, 2025Recorded solo · lead signal
Unknown1 Sep, 2022$25M round$2B valuation

Arbelos Markets provides liquidity and trading solutions in the crypto sector.

M&A1 Jan, 2025Recorded solo · lead signal
Private8 May, 2024$28T roundSyndicated · 12 disclosed investors
Seed1 May, 2024$28M roundSyndicated · 12 disclosed investors
Axis logo

Axis

crypto

Axis is a permissionless infrastructure layer for building auction-driven applications.

Unknown3 Dec, 2025$5T roundSyndicated · 7 disclosed investors
Asset Management

Birch Hill Holdings brings traditional credit discipline to onchain finance, building infrastructure for institutions to underwrite, curate, and scale tokenized credit exposure. They serve institutional clients evaluating digital asset credit exposure who need disciplined risk, compliance, and oversight frameworks.

Pre-Seed1 Feb, 2026$2.5M roundSyndicated · 9 disclosed investors
BitcoinOS logo

BitcoinOS

crypto
Blockchain Platforms

BitcoinOS (BOS) is a unifying operating system that deeply integrates Bitcoin with the broader internet and crypto ecosystem. It enables programmable smart contracts, true Layer 2 rollups, trustless bridging, and universal token standards, all secured by and settled to the Bitcoin blockchain. It primarily serves developers, DeFi builders, and institutions looking to leverage Bitcoin's security for high-value, scalable applications.

Unknown1 Oct, 2025$10M roundSyndicated · 5 disclosed investors
Bitlayer logo

Bitlayer

crypto
Infrastructure

BitLayer provides blockchain infrastructure solutions aimed at enhancing the development and deployment of decentralized networks and applications.

Public token sale14 Aug, 2025$5T round
Public Sale1 Aug, 2025$5M round
Unknown1 May, 2025
Series A+8 Oct, 2024$9T round
Series A1 Oct, 2024$9M round$300M valuation
Series A23 Jul, 2024$11T roundSyndicated · 29 disclosed investors
Unknown1 May, 2024
Seed1 Mar, 2024$5M round
Infrastructure

bloXroute Labs builds blockchain infrastructure to accelerate transaction and block propagation across networks using its Blockchain Distribution Network.

M&A1 Jul, 2026Recorded solo · lead signal
Series B1 Apr, 2022$70M round
Series B1 May, 2019$10M round

Bril Finance optimizes yield across DeFi with automated strategies.

Seed27 Sep, 2023$3T roundSyndicated · 3 disclosed investors

Stealth

Unknown1 Feb, 2026Syndicated · 19 disclosed investors
Public Sale1 Dec, 2024$500K round
Angel1 Sep, 2024
Strategic1 Nov, 2022$3M round

dWallet Network, also known as Ika, is a sub-second Multi-Party Computation (MPC) network designed for high scalability, capable of processing 10,000 signatures per second (tps) and supporting hundreds of nodes with zero-trust security. It utilizes programmable, decentralized signing mechanisms called dWallets, allowing developers to control native assets on other blockchains directly from their smart contracts. The network is powered by a global community of builders and node operators, aiming to lead in interoperability and shape the future of Web3.

Unknown1 May, 2023$7.5M round$250M valuationSyndicated · 4 disclosed investors
Elixir logo

Elixir

crypto

Elixir is a decentralized network for Real World Assets (RWAs), designed to bring institutional capital from firms like BlackRock and Hamilton Lane into the DeFi ecosystem. It achieves this through deUSD, a fully collateralized, yield-bearing synthetic dollar powered by the Elixir Network.

Series B1 Mar, 2024$8M round$800M valuation
Series A1 Oct, 2023$7.5M round$100M valuation
Seed1 Jan, 2023$2.1M roundSyndicated · 5 disclosed investors

Stealth

Public Sale1 Feb, 2026$206M round
Series A1 Jan, 2026$26M round$1B valuation
Seed1 Sep, 2025$200M round$1B valuationSyndicated · 13 disclosed investors
Golden logo

Golden

out of scope
Data & Analytics

Golden was a San Francisco company that built a self-constructing knowledge graph using AI, data extraction, and entity disambiguation. It was acquired by ComplyAdvantage in 2024, where its technology supports financial crime intelligence for regulated enterprises.

Series B3 Oct, 2022$40T roundSyndicated · 11 disclosed investors
Series A1 Sep, 2020$15M round
Grass logo

Grass

crypto
Infrastructure

Grass operates an app and network that lets users share unused internet bandwidth in exchange for points and potential rewards. Its network uses contributed connections to facilitate access to public web data for verified institutions.

Unknown7 Oct, 2025$10T roundSyndicated · 10 disclosed investors
Series A21 Sep, 2024
Finance

Kemet Trading provides an institutional digital-asset derivatives trading platform. Its software supports execution, liquidity access, portfolio management, and real-time risk management for institutional market participants.

Unknown1 Mar, 2024$5M roundSyndicated · 8 disclosed investors
Seed1 Aug, 2022
Levl logo

Levl

crypto
Payments

Levl is a regulated payments infrastructure company providing cross-border payment services in fiat and stablecoins to businesses globally.

Seed11 Feb, 2026$7T roundSyndicated · 8 disclosed investors
Finance

Mill City Ventures III, Ltd is a NASDAQ-listed company (MCVT) that operates as a non-bank lender and specialty finance firm, providing high-interest short-term lending arrangements. It serves as a gateway for investors to the Sui ecosystem, utilizing blockchain and stablecoins to innovate its lending services.

Unknown1 Aug, 2025$450M roundSyndicated · 17 disclosed investors
Nava Labs logo

Nava Labs

crypto

Stealth

Seed1 Apr, 2026$8.3M roundSyndicated · 9 disclosed investors
New Order logo

New Order

crypto
Finance

New Order is a Decentralized Autonomous Organization (DAO) and an on-chain experiment focused on DeFi. It provides services like migration and unstaking, allows users to lock NEWO tokens for governance power and rewards, and produces research, analysis, and frameworks for the crypto and DAO ecosystems.

Unknown1 Nov, 2021$4M roundSyndicated · 8 disclosed investors
Noise logo

Noise

fintech
Media

Noise is a New York-based platform where curators and communities surface and value emerging consumer culture trends, spanning categories like AI, Tech, Lifestyle, Business, and Entertainment. It functions as a market-like discovery platform where trends and topics have associated volume, letting users track and act on cultural momentum.

Seed1 Jan, 2026$7.1M roundSyndicated · 21 disclosed investors
OpenEden logo

OpenEden

hybrid
Finance

OpenEden is a regulated digital-asset company that tokenizes global financial assets and brings real-world assets on-chain. It operates institutional products including tokenized Treasury and bond-fund products, a yield-bearing stablecoin, a multi-strategy yield portfolio, and the ATLAS tokenization-as-a-service platform.

Strategic1 Dec, 2025Syndicated · 13 disclosed investors
Paper logo

Paper

crypto

Paper simplifies NFT transactions by providing wallets, checkouts, and a minting toolkit.

Seed1 May, 2022$9.3M roundSyndicated · 17 disclosed investors
Subsquid logo

Subsquid

crypto
Data & Analytics

Subsquid (SQD) provides the onchain data layer for DeFi and Web3, delivering real-time and historical blockchain data across 225+ networks through a decentralized data lake and streaming Portal API. It serves enterprise and institutional clients such as GMX, Morpho, PancakeSwap, zkVerify, and Railgun, including DeFi protocols managing billions in TVL, analytics platforms, wallets, and AI agent developers.

M&A1 Oct, 2025Syndicated · 20 disclosed investors
Public Sale1 Jan, 2024$6.3M round$126M valuation
Seed1 Nov, 2021$3.8M round
Turtle logo

Turtle

crypto
Asset Management

Turtle is an onchain yield management platform that provides diligenced, aggregated, and personalized DeFi investment tools for capital allocators, as well as sourced capital and liquidity solutions for asset issuers and protocols.

Strategic1 Oct, 2025$5.5M roundSyndicated · 17 disclosed investors