English
RussianDo Kwon is the Co-Founder and CEO of Terraform Labs (TFL)
Investors Do Kwon
Do Kwon
Tier 3
Projects
13
Portfolio market cap
$1.44B
sum across all projects
Raised in these rounds
$234.8M
13 of 14 rounds with disclosed amounts
Tier
Tier 3
About the fund
Portfolio · 13
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 LayerZeroZRO | $1.93 | — | — | — | — | $768.6M | |
 FlareFLR | $0.007172 | — | — | — | — | $624.5M | |
 OsmosisOSMO | $0.0358 | — | — | — | — | $28.3M | |
 Verona (prev. XION)VERONA | $0.1146 | — | — | — | — | $10.6M | |
 TreehouseTREE | $0.0464 | — | — | — | — | $7.2M | |
 Superfluid | $0.003897 | — | — | — | — | $398.4K | |
 ApolloAPOLLO | — | $0.1500 | 0.06x | — | — | $266.6K | |
 Vega ProtocolVEGA | $0.0009158 | $0.7700 | 0.00x | — | — | $56.8K | |
 pSTAKEPSTAKE | — | $0.1000 | — | — | — | $43.5K | |
 White WhaleWHALE | — | $0.0349 | — | — | — | $42.7K | |
 Deroute AIORB | — | $0.0350 | — | — | — | $14.4K | |
 Omni NetworkOMNI | $0.1662 | $0.8400 | 0.20x | — | — | — | |
 Flint | — | — | — | — | — | — |
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 · 14
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| LayerZero | Series A | $135.0M | $1.00B | |
| Treehouse | Seed Round | $18.0M | $180.0M | |
| Deroute AI | Private Sale | $3.8M | $37.5M | |
| Flint | Seed Round | $5.1M | $51.0M | |
| White Whale | Private Round | $2.9M | $34.9M | |
| Deroute AI | Seed Sale | — | — | |
 MOBLAND | Strategic Round | $8.0M | $80.0M | |
| pSTAKE | Seed | $10.0M | $50.0M | |
| Osmosis | Venture Round | $21.0M | $210.0M | |
| Apollo | Seed Round | $2.2M | $15.0M | |
| Superfluid | Seed Round | $9.0M | $90.0M | |
| Flare | Funding Round | $11.3M | $113.0M | |
| Verona (prev. XION) | Seed Round | $3.0M | $30.0M | |
| Vega Protocol | Strategic Round | $5.5M | $50.0M |
Focus areas
Blockchain1
Co-investors
CoinFund1 shared
Digital Currency Group (DCG)1 shared
Wave Financial Group1 shared
Kenetic Capital1 shared
ZB.COM1 shared
Backend Capital1 sharedFunds that most often back the same projects.