English
RussianDRW Venture Capital, an arm of principal trading firm DRW, invests primarily in financial and enterprise technology. Many of our portfolio companies benefit from our engagement beyond capital: as a client, as a liquidity provider, through our review of new products, and through our deep industry expertise. As a firm with no outside investors, wehave a flexible mandate to deploy capital and often tap into our core business to help companies grow. We’re powered by the people, technology and ideas of DRW, and those we invest in may leverage it all. DRW has diversified business expertise and deep networks in trading and technology, real estate investment, cryptocurrencies and product development — a unique advantage.
Investors DRW Venture Capital
DRW Venture Capital
Lead investor
Projects
11
Portfolio market cap
$5.20B
sum across all projects
Raised in these rounds
$1.21B
11 of 11 rounds with disclosed amounts
Tier
—
Lead investor
About the fund
Portfolio · 11
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 CantonCC | $0.1265 | — | — | — | — | $5.03B | |
 PlasmaXPL | $0.0952 | $0.0500 | 1.9x | IDO on Impossible Finance | $171.4M | ||
 BitGo | — | — | — | — | — | — | |
 Crossover Markets Group | — | — | — | — | — | — | |
 Notabene | — | — | — | — | — | — | |
 Alpaca | — | — | — | — | — | — | |
 Digital Asset (Canton Network) | — | — | — | — | — | — | |
 Lemon | — | — | — | — | — | — | |
 Tharimmune | — | — | — | — | — | — | |
 Talos | — | — | — | — | — | — | |
 TRM Labs | — | — | — | — | — | — |
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 · 11
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| Crossover Markets Group | Series B | $31.0M | $200.0M | |
| Alpaca | Series D | $150.0M | $1.15B | |
| Tharimmune Lead | Post-IPO | $540.0M | $5.40B | |
| Lemon | Series B | $20.0M | $200.0M | |
| Canton Lead | Strategic Round | $135.0M | $1.35B | |
| Digital Asset (Canton Network) Lead | Strategic Round | $135.0M | $1.35B | |
| Plasma | Funding Round | $20.5M | $205.0M | |
| Notabene Lead | Series B | $14.5M | $145.0M | |
| Crossover Markets Group Lead | Series A | $12.0M | $120.0M | |
| Talos | Series B | $105.0M | $1.25B | |
| BitGo | Series B | $42.5M | $425.0M |
Focus areas
Blockchain2
Protocol1
Neobank1
Co-investors
Andreessen Horowitz (a16z)1 shared
Polychain Capital1 shared
Goldman Sachs1 shared
IBM1 shared
Coinbase Ventures1 shared
Salesforce Ventures1 sharedFunds that most often back the same projects.