English
RussianKraken Ventures invests in businesses and projects at the nexus of both the FinTech and Blockchain / Crypto revolution.
Investors Kraken
Kraken
Tier 3
Projects
53
Portfolio market cap
$4.72B
sum across all projects
Raised in these rounds
$3.77B
47 of 54 rounds with disclosed amounts
Tier
Tier 3
About the fund
Portfolio · 53
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 EthenaENA | $0.2413 | — | — | — | — | $2.50B | |
 MorphoMORPHO | $2.69 | — | — | — | — | $1.89B | |
 CAPCAP | $0.0660 | $0.0106 | 6.2x | ICO on Uniswap | $103.0M | ||
 SafeSAFE | $0.1123 | — | — | — | — | $87.9M | |
| SafeSAFE | $0.1108 | — | — | — | — | $86.8M | |
 PufferPUFFER | $0.0234 | — | — | — | — | $12.9M | |
 HyperlaneHYPER | $0.0728 | $0.0300 | 2.4x | — | — | $12.7M | |
 WalletConnect TokenWCT | $0.0445 | $0.2000 | 0.22x | — | — | $8.3M | |
 UsualUSUAL | $0.0135 | — | — | — | — | $6.7M | |
 HashflowHFT | $0.007037 | $0.4000 | 0.02x | — | — | $6.6M | |
 LimeWireLMWR | $0.0108 | $0.3000 | 0.04x | — | — | $5.7M | |
 RailsRAILS | $0.0407 | — | — | — | — | $1.5M | |
 NibiruNIBI | $0.0005087 | $0.0667 | 0.01x | — | — | $543.2K | |
 Gari NetworkGARI | $0.0001585 | $0.0400 | 0.00x | — | — | $89.0K | |
 pSTAKEPSTAKE | — | $0.1000 | — | — | — | $43.5K | |
 Unite (Taki Games)TAKI | $0.00002497 | $0.0300 | 0.00x | — | — | $29.2K | |
 NavigateNVG8 | — | $0.0600 | — | — | — | $23.0K | |
 CoinsPaidCPD | — | $0.0100 | 0.01x | — | — | $12.7K | |
 StageSTAGE | — | $0.0008 | — | — | — | $130 | |
 EnvoyENV | — | $0.1000 | — | — | — | — | |
 Lens ChainLENS | — | — | — | — | — | — | |
 BoomFi | — | — | — | — | — | — | |
 Concordia | — | — | — | — | — | — | |
 Alluvial | — | — | — | — | — | — | |
 N1 Chain (ex. Layer N) | — | — | — | — | — | — | |
 SatsumaSATSUMA | — | — | — | — | — | — | |
 StablR | — | — | — | — | — | — | |
 CFX Labs | — | — | — | — | — | — | |
 Fiat Republic | — | — | — | — | — | — | |
 Kiln | — | — | — | — | — | — | |
 Backed | — | — | — | — | — | — | |
 Pontem LiquidswapLSD | — | — | — | — | — | — | |
 Breakout | — | — | — | — | — | — | |
 Legion | — | — | — | — | — | — | |
 BCM | — | — | — | — | — | — | |
 Valantis | — | — | — | — | — | — | |
 Deblock | — | — | — | — | — | — | |
 Schuman FinancialEUROP | — | — | — | — | — | — | |
 Sphere | — | — | — | — | — | — | |
 1Money | — | — | — | — | — | — | |
 Harmonix FinanceHAR | — | $0.0250 | 0.20x | — | — | — | |
 NinjaTrader | — | — | — | — | — | — | |
 Alpaca | — | — | — | — | — | — | |
 BitMine | — | — | — | — | — | — | |
 FG Nexus | — | — | — | — | — | — | |
 Capitalise.ai | — | — | — | — | — | — | |
 The Small Exchange | — | — | — | — | — | — | |
 Greenlane Holdings | — | — | — | — | — | — | |
 Prenetics | — | — | — | — | — | — | |
 Tharimmune | — | — | — | — | — | — | |
 Magna | — | — | — | — | — | — | |
 Eightco Holdings | — | — | — | — | — | — | |
 Messari | — | — | — | — | — | — |
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 · 54
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| Magna | M&A | — | — | |
| Alpaca | Series D | $150.0M | $1.15B | |
| Backed | M&A | — | — | |
| Harmonix Finance | Seed Round | $1.5M | $15.0M | |
| Tharimmune | Post-IPO | $540.0M | $5.40B | |
| Prenetics | Post-IPO | $48.0M | $480.0M | |
| Greenlane Holdings | PIPE | $110.0M | $1.10B | |
| The Small Exchange | M&A | $100.0M | $1.00B | |
| Eightco Holdings | PIPE | $270.0M | $2.70B | |
| Breakout | M&A | — | — | |
| Capitalise.ai | M&A | — | — | |
| Legion | Extended Seed Round | $5.0M | $50.0M | |
| Satsuma | Funding Round | $217.6M | $2.18B | |
| FG Nexus | Funding Round | $200.0M | $2.00B | |
| StablR | Strategic Round | — | — | |
| BitMine | Funding Round | $250.0M | $2.50B | |
| Rails | Private Token Sale | $14.0M | $140.0M | |
| NinjaTrader | M&A | $1.50B | $15.00B | |
| 1Money | Seed Round | $20.0M | $200.0M | |
| WalletConnect Token | Series B | $13.0M | $130.0M | |
| Usual Lead | Series A | $10.0M | $100.0M | |
| Sphere | Strategic Round | $5.0M | $50.0M | |
| Schuman Financial | Seed Round | $7.4M | $73.6M | |
| CAP | Pre-seed | $1.9M | $19.0M | |
| BCM | M&A | — | — | |
| Valantis Lead | Seed Round | $4.0M | $40.0M | |
| Morpho | Funding Round | $50.0M | $500.0M | |
| Stage | Funding Round | $2.4M | $24.0M | |
| Usual Lead | Strategic Round | $7.0M | $75.0M | |
| Puffer | Series A Round | $18.0M | $180.0M | |
| Ethena | Seed Extension Round | $14.0M | $300.0M | |
| Nibiru | Funding Round | $12.0M | $120.0M | |
| Pontem Liquidswap | Funding Round | $6.0M | $60.0M | |
| Fiat Republic | Extended Seed Round | $7.0M | $70.0M | |
| CFX Labs | Seed Round | $9.5M | $95.0M | |
| N1 Chain (ex. Layer N) | Seed Round | $5.0M | $50.0M | |
| Alluvial | Series A | $12.0M | $120.0M | |
| Concordia | Seed Round | $4.0M | $40.0M | |
| BoomFi | Seed Round | $3.8M | $38.0M | |
| Lens Chain | Funding Round | $15.0M | $150.0M | |
| Deblock | Seed Round | — | — | |
| Alluvial | Seed Round | $6.2M | $62.0M | |
| Kiln | Series A | $17.0M | $170.0M | |
| Hyperlane | Seed Round | $18.5M | $185.0M | |
| Hashflow | Series A | $25.0M | $400.0M | |
| Navigate | Seed Round | $7.6M | $60.0M | |
| Unite (Taki Games) | Seed Round | $3.5M | $90.0M | |
| Gari Network | Venture Round | $15.0M | $150.0M | |
| pSTAKE | Seed | $10.0M | $50.0M | |
| Envoy | Private Round | $2.5M | $10.0M | |
| Messari | Series A | $21.0M | $210.0M | |
| Gari Network | Strategic Sale | $4.0M | $40.0M | |
| CoinsPaid | Private Sale 1 | $960.0K | $8.0M | |
| Messari | Seed Round | $1.0M | $10.0M |
Focus areas
Lending Platform2
Wallet2
DAO2
Ethereum Ecosystem1
DeFi1
Co-investors
Brevan Howard3 shared
Coinbase Ventures3 shared
IOSG Ventures3 shared
Fenbushi Capital3 shared
GSR Markets (GSR)3 shared
Fernando Martinelli2 sharedFunds that most often back the same projects.