English
RussianNascent is a team of builders who back early-stage crypto founders creating products and primitives for an open financial world.
Investors Nascent
Nascent
Tier 3Lead investor
Projects
65
Portfolio market cap
$5.52B
sum across all projects
Raised in these rounds
$784.8M
61 of 67 rounds with disclosed amounts
Tier
Tier 3
Lead investor
About the fund
Portfolio · 65
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 EthenaENA | $0.2503 | — | — | — | — | $2.59B | |
 MorphoMORPHO | $2.69 | — | — | — | — | $1.89B | |
 StableSTABLE | $0.0267 | — | — | — | — | $717.5M | |
 0x ProtocolZRX | $0.1272 | $0.0480 | 2.6x | Initial Coin Offering | $107.9M | ||
 AztecAZTEC | $0.0174 | $0.0470 | 0.37x | Public Sale | $50.1M | ||
 DefinitiveEDGE | $0.1209 | — | — | — | — | $32.7M | |
 OsmosisOSMO | $0.0360 | — | — | — | — | $28.5M | |
 InitiaINIT | $0.1199 | — | — | — | — | $25.0M | |
 AevoAEVO | $0.0267 | $0.1328 | 0.20x | — | — | $24.9M | |
 TribeTRIBE | $0.4139 | — | — | — | — | $15.4M | |
 Artificial Liquid IntelligenceALI | $0.001249 | $0.0678 | 0.02x | — | — | $12.3M | |
 AlchemixALCX | $2.73 | $462 | 0.01x | — | — | $7.2M | |
 MyShellSHELL | $0.0241 | — | — | — | — | $6.5M | |
 SyndicateSYND | $0.007188 | — | — | — | — | $3.4M | |
 Flying TulipFT | $0.1570 | $0.1000 | 1.6x | Public Sale | $3.4M | ||
 ECOxECOX | — | $0.8000 | 0.01x | — | — | $2.7M | |
 Aladdin DAOALD | $0.0122 | — | — | — | — | $1.8M | |
 ECOECO | — | — | — | — | — | $1.6M | |
 Obol LabsOBOL | $0.002724 | $0.2500 | 0.01x | — | — | $882.5K | |
 GelatoGEL | $0.001816 | $0.1450 | 0.01x | — | — | $512.8K | |
 UnionU | $0.0002555 | — | — | — | — | $490.3K | |
 Gro DAO TokenGRO | $0.0222 | $0.3800 | 0.06x | — | — | $347.1K | |
 K21K21 | $0.0158 | $0.1240 | 0.13x | — | — | $291.5K | |
 Notional FinanceNOTE | — | — | — | — | — | $278.7K | |
 Friends With Benefits ProFWB | $0.1182 | — | — | — | — | $116.9K | |
 PoolTogetherPOOL | $0.0167 | $14.46 | 0.00x | — | — | $112.8K | |
 ParticlePTC | — | — | — | — | — | $97.6K | |
 YupYUP | — | — | — | — | — | $18.2K | |
 PowerTrade FuelPTF | — | $0.1600 | — | — | — | $370 | |
![SX Network [OLD]](/img/px?u=aHR0cHM6Ly9kcm9wc3RhYi5jb20vX2dhdGV3YXkvc3RhdGljL2ltYWdlcy9zeC1uZXR3b3JrLnBuZw==){kind=small} SX Network [OLD]SX | — | — | — | — | — | — | |
 Informal System | — | — | — | — | — | — | |
 Superstate | — | — | — | — | — | — | |
 Alluvial | — | — | — | — | — | — | |
 Spearbit | — | — | — | — | — | — | |
 Cantina | — | — | — | — | — | — | |
 SAIL TokenSAIL | — | — | — | — | — | — | |
 Sphinx | — | — | — | — | — | — | |
 Nebra | — | — | — | — | — | — | |
 Khalani Network | — | — | — | — | — | — | |
 Satflow | — | — | — | — | — | — | |
 Sorella | — | — | — | — | — | — | |
 Socket | — | — | — | — | — | — | |
 EarthFast | — | — | — | — | — | — | |
 Phylax | — | — | — | — | — | — | |
 Mevvy | — | — | — | — | — | — | |
 Reservoir | — | — | — | — | — | — | |
 Cabal | — | — | — | — | — | — | |
 Whetstone | — | — | — | — | — | — | |
 Tenor Finance | — | — | — | — | — | — | |
 Ligero | — | — | — | — | — | — | |
 Relay | — | — | — | — | — | — | |
 Neutrl | — | — | — | — | — | — | |
 SpaceComputer | — | — | — | — | — | — | |
 Project 11 | — | — | — | — | — | — | |
 LiquiFi | — | — | — | — | — | — | |
 XMTP | — | — | — | — | — | — | |
 Coop Records | — | — | — | — | — | — | |
 Pye Finance | — | — | — | — | — | — | |
 Tenbin Labs | — | — | — | — | — | — | |
 Doppler | — | — | — | — | — | — |
Showing 60 of 65 — 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 · 67
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
 Bundle | Seed Round | $5.5M | $55.0M | |
| Tenor Finance | Seed Round | — | — | |
 Cordant | Seed Round | $8.0M | $80.0M | |
 Ground | Pre-seed | $3.6M | $36.0M | |
 Birch Hill | Pre-seed | $2.5M | $25.0M | |
| Tenbin Labs | Seed Round | $7.1M | $71.0M | |
| Project 11 | Series A | $20.0M | $120.0M | |
| Pye Finance | Seed Round | $5.0M | $50.0M | |
| SpaceComputer | Seed Round | $10.0M | $100.0M | |
| Flying Tulip | Funding Round | $200.0M | $1.00B | |
| Coop Records Lead | Seed Round | $4.5M | $45.0M | |
| Stable | Seed Round | $28.0M | $280.0M | |
| SpaceComputer | Pre-seed | — | — | |
| Neutrl | Funding Round | $5.0M | $50.0M | |
| Ligero | Seed Round | $4.0M | $20.0M | |
| Cabal | Funding Round | $3.0M | $30.0M | |
| Doppler | Pre-seed | $1.3M | $13.0M | |
| Whetstone | Pre-seed | $1.3M | $13.0M | |
| Reservoir | Series A | $14.0M | $140.0M | |
| Mevvy | Seed Round | $2.8M | $28.0M | |
| Alluvial | Strategic Round | $4.3M | $43.0M | |
| Phylax Lead | Pre-seed | $4.5M | $45.0M | |
| EarthFast Lead | Pre-seed | $1.4M | $14.0M | |
| Sorella | Seed Round | $7.5M | $75.0M | |
| Satflow | Seed Round | $7.6M | $76.0M | |
| Khalani Network | Seed Round | $2.5M | $25.0M | |
| Yup | Funding Round | — | — | |
| Nebra Lead | Seed Round | $4.5M | $45.0M | |
| MyShell | pre-Series A | $11.0M | $110.0M | |
| Initia | Seed Round | $7.5M | $75.0M | |
| Ethena | Seed Extension Round | $14.0M | $300.0M | |
| Sphinx | Funding Round | $2.0M | $20.0M | |
| Particle | Seed Round | — | — | |
| Union Lead | Seed Round | $4.0M | $40.0M | |
| Superstate | Series A | $14.0M | $140.0M | |
| Definitive | Seed Round | $4.1M | $41.0M | |
| Cantina | Funding Round | $7.0M | $70.0M | |
| Spearbit | Funding Round | $7.0M | $70.0M | |
| Ethena | Seed Round | $6.5M | $65.0M | |
| Informal System | Funding Round | $5.3M | $53.0M | |
| Obol Labs | Series A Round | $12.5M | $125.0M | |
| Morpho | Funding Round | $18.0M | $180.0M | |
| SX Network [OLD] | Venture Round | $9.5M | $95.0M | |
| LiquiFi | Funding Round | $5.0M | $50.0M | |
| Socket | Seed Round | $5.0M | $50.0M | |
| Artificial Liquid Intelligence | Auction | $12.4M | $678.0M | |
| Aztec | Series A | $17.0M | $170.0M | |
| Morpho Lead | Seed Round | $1.4M | $13.5M | |
| Osmosis | Venture Round | $21.0M | $210.0M | |
| Gelato | Series A | $11.0M | $110.0M | |
 Messari | Series A | $21.0M | $210.0M | |
| XMTP | Series A Round | $20.0M | $200.0M | |
| ECOx | Series B | $60.0M | $800.0M | |
| SAIL Token | Seed Round | $17.0M | $170.0M | |
| ECO | Series B | $60.0M | $600.0M | |
| Friends With Benefits Pro | Funding Round | $700.0K | $7.0M | |
| PoolTogether | Treasury Diversification | $6.0M | $144.6M | |
| Notional Finance | Series A | $10.0M | $100.0M | |
| XMTP | Seed Round | $5.0M | $50.0M | |
| Alchemix | Strategic Round | $3.1M | $573.8M | |
| Alchemix | Private Round | $4.9M | $1.78B | |
| 0x Protocol | Series A | $15.0M | $150.0M | |
| Syndicate | Seed Round | $1.0M | $10.0M | |
| K21 | Institutional purchases | — | — | |
| Gro DAO Token | Seed | $7.1M | $38.0M | |
| PowerTrade Fuel | Seed Sale | — | — | |
| Messari | Seed Round | $1.0M | $10.0M |
Focus areas
DeFi2
DEX2
Crypto Treasury Assets1
Lending Platform1
Ethereum Ecosystem1
Blockchain1
Infrastructure1
Co-investors
Coinbase Ventures4 shared
Pantera Capital3 shared
Brevan Howard3 shared
IOSG Ventures3 shared
Mirana Ventures3 shared
Andreessen Horowitz (a16z)2 sharedFunds that most often back the same projects.