A
Adrian Wang
Founder and Chief Executive Officer
All funds
crypto
out of scope
hybrid
crypto
crypto
hybrid
crypto
hybrid
crypto
Analyst signals
Portfolio activity and matriculation
Metrics use all recorded activity through 21 Jul 2026 across seed, series a, strategic, unknown. Later-round outcomes are capped at the period end.
22.2%companies with a later round · 2/9
0.25×median round-size step-up · n=2
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 9 syndicated
Finance · 4 companiesData & Analytics · 1 companiesGaming · 1 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.
People
Team
L
Liu Yi
Senior Advisor for Crypto Mining Partnerships
M
Monique Chan
CEO of LSQ Capital Limited
Portfolio
Investments
Full financing histories for portfolio companies. Highlighted rounds are those where Metalpha is recorded as an investor.
Bitlayer
Infrastructure
BitLayer provides blockchain infrastructure solutions aimed at enhancing the development and deployment of decentralized networks and applications.
Focus Tree SAS
Uncategorized
Focus Tree SAS operates Focus Tree, a productivity and focus-management mobile app for students. It provides distraction blocking, focus timers, flashcards with spaced repetition, social study features, digital gardens, and AI quizzes; optional digital-asset and blockchain features are available to adults.
Masa Network
Data & Analytics
Masa is a real-time data network for what it calls "Fair AI." It allows developers to access data from various sources to build and power AI agents and applications. The platform also enables users to become data miners, contributing their bandwidth to the network in exchange for token rewards.
MYX Finance
Finance
MYX Finance operates a decentralized, permissionless perpetuals trading platform. Users can trade perpetual markets, create derivatives markets, and provide liquidity through stable vaults and high-yield pools.
NexGami
Gaming
NexGami is a Web3 gaming platform (formerly Light eSports / MetaVirus Games) building a full on-chain gaming ecosystem with GameFi support, competitions API, RPG, metaverse, mining, X2E, and NFT features. It operates under Raccoon Entertainment LTD and has launched its inaugural Web3 game, METAVIRUS.
PERPTools
Finance
PERPTools is an AI-powered perpetual futures trading platform that combines autonomous trading agents with non-custodial, on-chain execution. It offers CEX-grade speed and a full suite of order types while letting traders retain full custody of their funds, serving crypto traders and professional/algorithmic strategy operators seeking automated, transparent perpetuals trading.
River
Finance
River (formerly Satoshi Protocol) is building a chain-abstraction stablecoin system centered on satUSD, an over-collateralized stablecoin backed by BTC, ETH, BNB, and liquid staking tokens. Its omni-CDP module lets users deposit collateral on one chain and mint satUSD natively on another chain without bridging, and the protocol offers staking, vault, and social-engagement products for retail and institutional users across the DeFi ecosystem.
Universal Health Token
Healthcare
Universal Health Token (UHT) is an AI-driven Proof-of-Health protocol that redefines healthcare by making preventive care intelligent, personalized, and rewarding. It combines real-time data analysis with on-chain innovation to create accessible, data-driven health experiences.
UXUY
Finance
UXUY is a decentralized, non-custodial trading protocol and application for gasless, cross-chain trading with stablecoins. It offers spot trading, tokenized stock access, perpetuals, copy trading, yield features, payments, and an AI trading assistant for global users.