English
RussianCMS Holdings may also invest in early-stage blockchain and cryptocurrency projects through private investments and strategic partnerships. They provide capital and support to innovative startups in the crypto space.
Investors CMS Holdings
CMS Holdings
Tier 2
Projects
161
Portfolio market cap
$76.18B
sum across all projects
Raised in these rounds
$1.13B
157 of 175 rounds with disclosed amounts
Tier
Tier 2
About the fund
Portfolio · 161
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 SolanaSOL | $121 | $0.1787 | 676x | — | — | $71.04B | |
 Ondo FinanceONDO | $0.4972 | $0.0130 | 38x | Seed Round | $2.42B | ||
 InjectiveINJ | $7.66 | $0.1316 | 58x | — | — | $765.8M | |
 Pyth NetworkPYTH | $0.0796 | — | — | — | — | $627.1M | |
 PendlePENDLE | $2.48 | $0.1394 | 18x | Private Round | $430.6M | ||
 Sanctum InfinityINF | $176 | — | — | — | — | $234.9M | |
 dYdXDYDX | $0.1482 | — | — | — | — | $125.4M | |
 AlloraALLO | $0.2648 | — | — | — | — | $53.1M | |
 CapricornAPR | $0.1371 | $0.005 | 27x | Binance Wallet Sale | $38.1M | ||
 Manta NetworkMANTA | $0.0711 | $0.0891 | 0.80x | — | — | $34.3M | |
 SanctumSANC | $0.0651 | $0.1500 | 0.43x | — | — | $33.8M | |
 APROAT | $0.1297 | — | — | — | — | $32.4M | |
 AnomaXAN | $0.0123 | — | — | — | — | $30.9M | |
 FogoFOGO | $0.005227 | $0.0350 | 0.15x | — | — | $27.3M | |
 ChainflipFLIP | $0.3044 | $0.2444 | 1.2x | — | — | $26.9M | |
 GRVTGRVT | $0.2246 | — | — | — | — | $25.7M | |
 Solv ProtocolSOLV | $0.004273 | — | — | — | — | $23.6M | |
 Bonfida (aka SNS)FIDA | $0.0218 | $0.0500 | 0.44x | — | — | $21.6M | |
 XaiXAI | $0.0100 | $0.0257 | 0.39x | — | — | $21.2M | |
 HydrationHDX | $0.007476 | $0.0115 | 0.65x | LBP by Balancer | $19.7M | ||
 DODODODO | $0.0186 | $0.0300 | 0.62x | — | — | $18.6M | |
 SynFuturesF | $0.003468 | — | — | — | — | $16.9M | |
 Artificial Liquid IntelligenceALI | $0.001252 | $0.0389 | 0.03x | — | — | $12.4M | |
 BounceBitBB | $0.009677 | — | — | — | — | $12.1M | |
 BOB (Build on Bitcoin)BOB | $0.004818 | — | — | — | — | $10.7M | |
 Access ProtocolACS | $0.0001588 | — | — | — | — | $8.6M | |
 AlchemixALCX | $2.73 | $462 | 0.01x | — | — | $7.2M | |
 Dora FactoryDORA | $0.0124 | $6.00 | 0.00x | — | — | $6.7M | |
 BluefinBLUE | $0.0103 | — | — | — | — | $6.2M | |
 ParagonsDAOPDT | $0.0671 | $0.3400 | 0.20x | — | — | $5.5M | |
 ReppoREPPO | $0.0134 | — | — | — | — | $5.5M | |
 Impossible Finance LaunchpadIDIA | $0.004557 | $0.0600 | 0.08x | — | — | $4.4M | |
 ALEX LabALEX | $0.005977 | — | — | — | — | $3.6M | |
 CLVCLV | $0.00236 | $0.0600 | 0.04x | — | — | $2.9M | |
 Perpetual ProtocolPERP | $0.0213 | $0.0800 | 0.27x | — | — | $2.8M | |
 KYVE NetworkKYVE | $0.002126 | — | — | — | — | $2.6M | |
 AuroryAURY | $0.0224 | $15.55 | 0.00x | — | — | $2.1M | |
 Aladdin DAOALD | $0.0122 | — | — | — | — | $1.8M | |
 UXD Protocol TokenUXP | $0.0001967 | $0.003 | 0.07x | — | — | $1.4M | |
 DerivaDAODDX | $0.0503 | $0.1760 | 0.29x | — | — | $1.3M | |
 Scallop.ioSCA | $0.007863 | — | — | — | — | $1.3M | |
 SafeStakeDVT | — | $0.0543 | 0.66x | — | — | $1.1M | |
 ContangoTANGO | $0.002327 | — | — | — | — | $1.1M | |
 BlockchainSpaceGUILD | $0.002279 | $0.0300 | 0.08x | — | — | $1.0M | |
 Moonwalk FitnessMF | $0.004993 | — | — | — | — | $957.4K | |
 LayerXLX | $0.00004511 | $0.002 | 0.02x | — | — | $451.1K | |
 Levva Protocol TokenLVVA | $0.0005599 | $0.0500 | 0.01x | — | — | $440.0K | |
 RepubliKRPK | — | $0.0250 | 0.02x | — | — | $385.4K | |
 BifrostBNC | $0.009807 | $0.3125 | 0.03x | — | — | $367.6K | |
 Onomy ProtocolNOM | $0.002565 | — | — | — | — | $345.3K | |
 SatLayerSLAY | $0.0003502 | — | — | — | — | $344.6K | |
 zkRaceZERC | $0.002778 | $0.0500 | 0.06x | — | — | $333.4K | |
 GenopetsGENE | $0.002855 | $0.2553 | 0.01x | — | — | $280.7K | |
 OpenOceanOOE | $0.0004399 | $0.0325 | 0.01x | — | — | $252.7K | |
 SirenSI | $0.003725 | $0.1538 | 0.02x | — | — | $249.0K | |
 Unbound FinanceUNB | — | $0.0046 | 0.05x | — | — | $243.8K | |
 SaberSBR | $0.00008096 | $0.0049738 | 0.02x | — | — | $215.2K | |
 UX ChainUX | — | $0.0048 | 0.01x | — | — | $197.1K | |
 Lnfi NetworkLN | $0.00193 | — | — | — | — | $186.5K | |
 MNet ContinuumNUUM | $0.0009997 | $0.0230 | 0.04x | — | — | $177.5K |
Showing 60 of 161 — the rest fall below this market-cap range.
Entry price and ROI come from the source's data for this fund. Stage and date are derived by matching the entry price against the project's rounds; where there is no match, a dash is shown.
Funding rounds · 175
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
 Hypernova | Pre-seed | $3.0M | $30.0M | |
 Axis | Strategic Round | $5.0M | $50.0M | |
 SpaceComputer | Seed Round | $10.0M | $100.0M | |
 Mu Digital | Pre-seed | $1.5M | $15.0M | |
 Drake | Seed Round | $1.0M | $10.0M | |
| BOB (Build on Bitcoin) | Strategic Round | $9.5M | $95.0M | |
 Billy Bets by Virtuals | Funding Round | $1.0M | $10.0M | |
 Hyperdrive | Series A | $6.0M | $60.0M | |
 Rover | Seed Round | $4.1M | $41.0M | |
 Perpl | Funding Round | $9.2M | $92.5M | |
 Optimum | Seed Round | $11.0M | $110.0M | |
| Fogo | Funding Round | $8.0M | $80.0M | |
 Hamilton | Pre-seed | $1.7M | $17.0M | |
| Reppo | Funding Round | $2.2M | $22.0M | |
 UTXO Stack | Series A | — | $50.0M | |
 Neptune Protocol | Seed Round | $3.9M | $39.0M | |
| Fogo | Seed Round | $5.5M | $55.0M | |
| Lnfi Network | Pre-seed | — | — | |
 MagmaDAO | Seed Round | $3.9M | $39.0M | |
| Moonwalk Fitness | Seed Round | $3.4M | $34.0M | |
 Fluid Protocol | Seed Round | $3.9M | $39.0M | |
 Sparkball | Funding Round | $2.0M | $20.0M | |
 Drop Protocol | Seed Round | $4.0M | $40.0M | |
 Hermetica | Seed Round | $1.7M | $17.0M | |
| APRO | Seed Round | $3.0M | $30.0M | |
 Ducat | Pre-seed | $1.2M | $12.5M | |
| SatLayer | Pre-seed | $8.0M | $80.0M | |
 Stork | Seed Round | $4.0M | $40.0M | |
 BSX | Seed Round | $4.0M | $40.0M | |
 Satflow | Seed Round | $7.6M | $76.0M | |
 Kintsu | Seed Round | $4.0M | $40.0M | |
 Kuru | Seed Round | $2.0M | $20.0M | |
| Capricorn | Seed Round | $8.0M | $100.0M | |
 LIQUIDIUM•TOKEN (Runes) | Seed Round | $2.8M | $27.5M | |
 Satoshi Protocol Lead | Seed Round | $2.0M | $20.0M | |
 Monad Pad | Seed Round | $945.0K | $9.4M | |
 Compute Labs | Pre-seed | $3.0M | $30.0M | |
| Allora | Strategic Round | $3.0M | $220.0M | |
 ODX (Ordinox) | Pre-seed | $1.0M | $10.0M | |
 BtcTerminal | Funding Round | — | — | |
 Arch Network | Seed Round | $7.0M | $70.0M | |
 Gasp (Mangata) | Funding Round | $5.0M | $80.0M | |
| BOB (Build on Bitcoin) | Seed Round | $10.0M | $100.0M | |
 OrdinalsBot | Seed Round | $3.0M | $30.0M | |
| ALEX Lab | Strategic Round | $10.0M | $100.0M | |
 SX Network [OLD] | Strategic Round | — | — | |
| Scallop.io Lead | Strategic Round | $3.0M | $30.0M | |
 Saturn | Seed Round | $800.0K | $8.0M | |
 Velar | Funding Round | $3.5M | $35.0M | |
 BBOX | Pre-seed | $2.7M | $27.0M | |
 Kakarot zkEVM | Seed Round | — | — | |
| Access Protocol | Seed Round | $1.2M | $12.0M | |
| RepubliK | Seed Round | $6.0M | $75.0M | |
| GRVT | Seed Round | $5.0M | $50.0M | |
 zkMe | Pre-seed | $2.0M | $20.0M | |
 Webb Protocol | Seed Round | $7.0M | $70.0M | |
| Onomy Protocol | Funding Round | $10.0M | $100.0M | |
| Contango | Seed Round | $4.0M | $40.0M | |
 Zoo Finance | Seed Round | $2.0M | $20.0M | |
| Pyth Network | Private Round | — | — | |
 PIP | Strategic Investment | — | — | |
 Solvent | Private Round | $1.8M | $18.0M | |
| SafeStake | Republic Option A1 | $3.5M | $195.0M | |
| Artificial Liquid Intelligence | Auction | $12.4M | $678.0M | |
| Sanctum | Seed Round | $5.8M | $57.5M | |
| Sanctum Infinity | Seed Round | $5.8M | $57.5M | |
 Platypus Finance | Private Round | $3.3M | $20.6M | |
| ParagonsDAO | Private Round | $27.1M | $270.7M | |
| Ondo Finance | Seed Round | $4.0M | $130.0M | |
 Hubble | Seed | $3.6M | $30.0M | |
 Solice | Private Round | $3.4M | $20.0M | |
| Solice | Seed | $960.0K | $16.0M | |
 LINEUP Games | Private Round | $3.0M | $12.5M | |
| BlockchainSpace | Seed Round | $3.8M | $30.0M | |
| Solv Protocol | Series A Round | $4.0M | $40.0M | |
 SubDAO | IDO Round 1 | $90.0K | $150.0M | |
 Tulip Protocol | Strategic Round | $5.0M | $41.7M | |
| KYVE Network | Seed Round | $2.8M | $28.0M | |
| Manta Network | Seed Round | $5.5M | $89.1M | |
 Arrow Markets | Seed Round | $1.4M | $14.0M | |
 Rainmaker Games | Strategic Round | $400.0K | $40.0M | |
| Genopets | Private Sale | $8.3M | $25.5M | |
| Bluefin | Private Round | $22.8M | $228.0M | |
 Credora | Series A | $8.0M | $50.0M | |
| UXD Protocol Token | Seed Round | $3.0M | $30.0M | |
 RazrFi | Strategic Sale | $1.5M | $15.0M | |
| Chainflip | Strategic Round | $5.8M | $45.0M | |
 Messari | Series A | $21.0M | $210.0M | |
 Cykura | Seed Sale | $930.0K | $15.0M | |
 Apricot | Seed Round | $800.0K | $8.0M | |
| Artificial Liquid Intelligence | Private Round | $16.0M | $100.0M | |
 Imperium Empires | Strategic Round 2 | $756.0K | $7.6M | |
| Saber | Seed Round | $7.7M | $49.7M | |
 Ratio Protocol | Seed Round | $500.0K | $6.2M | |
 Phantasia | Seed Round | — | — | |
| Imperium Empires | Strategic Round 1 | $840.0K | $8.4M | |
 YO (Prev. Yield Protocol) | Series A | $10.0M | $100.0M | |
| dYdX | Series C | $65.0M | $650.0M | |
| Solana | Private Sale | $314.1M | $3.14B | |
| Impossible Finance Launchpad Lead | Strategic Round | $7.8M | $60.0M | |
 Pontem Liquidswap | Seed Round | $4.5M | $45.0M | |
 XVERSE | Strategic Round | $2.7M | $27.0M | |
| Gasp (Mangata) | Seed Round | $1.4M | $14.0M | |
| Imperium Empires | Seed Round | $500.0K | $5.0M | |
| SynFutures | Series A Round | $14.0M | $140.0M | |
| Aurory | Seed | — | — | |
| UX Chain | Seed Round | $6.3M | $48.0M | |
| OpenOcean | Private Round | $1.7M | $40.0M | |
| MNet Continuum | Seed Round | $4.0M | $23.0M | |
 Dfyn Network | Public Sale | $305.0K | $23.5M | |
| Allora | Series A | $7.5M | $60.0M | |
 Cryption Network | Private Round | $1.1M | $7.5M | |
 Hashtagger Lead | Private Round | $250.0K | $3.3M | |
 Synthetify Token | Private Round | — | — | |
 Crafting Finance | Seed Round | — | — | |
 JET | Seed Round | $4.8M | $32.3M | |
| OpenOcean | Strategic Round | $1.4M | $25.0M | |
| Unbound Finance | Seed/Private/Strategy Round | $5.8M | $46.0K | |
| Pendle | Private Round | $3.7M | $36.0M | |
 Yieldly Lead | Strategic Round | $1.4M | $19.7M | |
 Nerve Finance Lead | Strategic Round | $2.0M | $20.0M | |
 Chainswap | Strategic Round | $3.0M | $15.0M | |
| Anoma | Funding Round | $6.8M | $67.5M | |
 Blocto Token | Series A | $8.0M | $80.0M | |
| RazrFi | Private Sale | $1.5M | $7.5M | |
| Injective | Funding Round | $10.0M | $100.0M | |
| Alchemix | Strategic Round | $3.1M | $573.8M | |
| Alchemix Lead | Private Round | $4.9M | $1.78B | |
| OpenOcean | Seed Round | $2.0M | $20.0M | |
| Siren | Seed Round | $4.0M | $15.4M | |
| Dora Factory | Private Round 2 | $6.0M | $60.0M | |
 DAOSquare | Seed Round | $12.0M | $120.0M | |
| Yieldly | Seed Round | — | — | |
 Standard Protocol | Private Round 2 | $750.0K | $15.0M | |
 NAOS Finance | Private Round | $5.1M | $23.7M | |
 handle.fi | Seed Round | — | — | |
 Vega Protocol | Strategic Round | $5.5M | $50.0M | |
 DFX Finance | Seed Round | $5.0M | $46.2M | |
 Convergence | Funding Round | $2.0M | $20.0M | |
| Chainflip | Second Seed | $1.1M | $29.0M | |
 Oxygen | Private Sale | $40.0M | $400.0M | |
 Raze Network | Seed Sale | — | — | |
 Paralink Network | Strategic Round | $1.0M | $16.0M | |
| Levva Protocol Token | Seed | $11.0M | $50.0M | |
| Standard Protocol | Strategic Round | — | — | |
| Bifrost | Strategic Round | $500.0K | $25.0M | |
| Paralink Network Lead | Seed Round | $800.0K | $12.0M | |
| zkRace | Private Round | $1.7M | $6.0M | |
| Standard Protocol | Seed Round | $500.0K | $10.0M | |
| Chainflip | Sapling | $1.4M | $19.0M | |
| Hydration | Strategic Round | — | — | |
| Hydration | Seed Round | $200.0K | $2.0M | |
| Siren | Pre-seed | $1.2M | $12.0M | |
 Polkadex | Seed Round | $700.0K | $10.0M | |
| Bonfida (aka SNS) Lead | Seed Round | $4.5M | $50.0M | |
 MAPS | Private Sale | $50.0M | $1.00B | |
| Chainflip | Seed Round | $942.5K | $11.0M | |
 OptionRoom | Seed Round | $200.0K | $1.8M | |
 Kylin Network | Seed | — | — | |
| Chainflip | Pre-seed | $337.5K | $6.0M | |
 Opium | Venture Round | $3.2M | $32.5M | |
 Genshiro | Seed Round | $5.5M | $55.0M | |
 Equilibrium | Seed Round | $5.5M | $21.6M | |
 Linear Lead | Private Sale 3 | $280.0K | $35.0M | |
| Linear Lead | Private Sale 2 | $800.0K | $30.0M | |
| Linear Lead | Private Sale 1 | $700.0K | $20.0M | |
| DODO | Private Sale | $5.0M | $50.0M | |
 Karura | Series A | $7.3M | $73.0M | |
| DODO | Seed Round | $600.0K | $10.0M | |
 PowerTrade Fuel | Seed Sale | — | — | |
| DerivaDAO | Investment Round | $2.7M | $17.6M | |
| Perpetual Protocol | Strategic Round | $1.8M | $12.0M | |
| CLV | Seed | $6.0M | $60.0M | |
| Linear Lead | Seed | $300.0K | $12.5M | |
| LayerX | Private Sale | $3.0M | $20.0M |
Focus areas
DeFi4
Blockchain2
Solana Ecosystem2
Derivatives2
Real World Assets Protocols1
Crypto Treasury Assets1
Oracle1
Co-investors
Polychain Capital4 shared
Delphi Digital (Delphi Labs)4 shared
CoinFund3 shared
Distributed Global3 shared
Pantera Capital3 shared
Wintermute3 sharedFunds that most often back the same projects.