Posted In:

DeFi @ FTC


Aug 18, 2021


Posted In:


Aug 18, 2021



Our dedicated DeFi strategy is stage agnostic, investing in both equity and tokens - from white paper to liquid markets.

We support the financial networks that we invest in through fundamental research, on-chain governance, token design, smart contract development / auditing, liquidity mining, and community development.


Alternative - Platform for non-dilutive SMB financing options by leveraging the API economy and DeFi

Bottlepay - A next-generation bitcoin wallet with support for frictionless payment rails on top of the Lightning Network

Boto - A platform for creating no code bots and actions in crypto

Centrifuge - A decentralized network connecting global supply chains to DeFi financing

Coincover - Digital asset deposit and theft insurance for business and retail investors

CoinLedger - Crypto tax and portfolio software for DeFi and NFT power users

Coinshift - Crypto treasury operating system for DeFi companies and DAOs

Dharma - A smart-contract wallet with regulated fiat on / off ramps and DeFi integrations

GLIF - Protocol deploying staking pools to Filecoin, creating a simple and flexible way for storage providers to utilize the network and borrow from multiple capital providers without fracturing liquidity

GoGoPool - Decentralized staking protocol for Avalanche and Subnets

MetaStreet - Liquidity routing and scaling protocol for NFT-backed lending markets

Nifty Apes - NFT lending protocol built for scale via perpetual auctions

Playgrounds - Data pipelining infrastructure for on chain data

Rainbow - Building a better home for your Ethereum assets

Revert Finance - The go-to analytic tool for managing liquidity positions within DeFi

Secured Finance - Building the yield curve for crypto capital markets

The Graph - An indexing protocol for decentralized data

Stables - A digital wallet that taps into DeFi to offer competitive yields on savings deposits

UMA - UMA enables anyone to build decentralized financial products

Violet - The identity protocol for DeFi

Other select investments in blockchain include lead checks into:

Axoni - Replatforming post-trade capital markets with DLT

NYDIG - Bitcoin-as-a-service for asset management, banking, payments, and insurance

Minka - Real-time payments infrastructure in Latam


FTC's DeFi strategy is thematic and fundamentally driven - investing in the infrastructure, protocols, and applications that support decentralized finance.

We are currently actively investing across themes that include smart contract wallets, programmable asset management, decentralized exchanges, synthetic assets, streaming payments, KYC’d liquidity pools, and the overall institutionalization of the asset class.

Read more on our thesis here: Decentralized Finance is a Continuum (February 2019) - Outlining the emerging DeFi ecosystem and our early thesis in the space


We are active participants in the decentralized networks in which we invest - designing, building, voting, and providing liquidity alongside the teams we back.

Sean Lippel - Partner and Head of Digital Assets

  • Former world-ranked poker player
  • Early user of Bitcoin (2012), Ethereum investor (2016) and prolific user of crypto applications
  • Fintech venture investor since 2015, specializing in digital assets and alternative credit
  • Investment banking and structured products @ Credit Suisse
  • Columbia Business School MBA, University of Michigan BBA
  • Medium @SeanLippel, Twitter @seanlippel

William Starr - Technical Lead

  • MobiHacks SF Competition - 1st place winner
  • UAE GovHacks Global Competition - Top 10 finalist
  • Cofounder @ Timeless, a calendar as a service marketplace
  • Cofounder @ Paper, a blockchain system to unify the modern supply chain
  • Blockchain developer @ Eco (Expa) @ Pledgecamp
  • Github @williamstarkro

Parker Jay-Pachirat - Head of Community

  • Founding member of Boys Club, a social club & DAO onboarding the next 1m women into Web3
  • Chief of Staff @ Fintech Today, strategic advisor and consultant to CEO
  • Intern @ Unovis Asset Management, Impulsum VC
  • Top 10 finalist & participant in Seed Club S4 Accelerator cohort; specialized focus on incentive design, mechanism design, and DAO tooling/infrastructure
  • Twitter @parkerjayp


We are in a multi-decade transition from Industrial Era finance into network-based finance, impacting every vector of consumer, commercial, and institutional finance.