Fenbushi Capital

fenbushi.vc

Medium

Overview

On-chain Holdings

𝕏 Statistics

Details

Fenbushi Capital is the first and most active blockchain-focused venture capital firm in Asia. Founded in Shanghai in 2015 by veterans from both the blockchain and traditional financial industries, it has supported over 60 leading projects across four continents. These projects are leveraging blockchain technology to revolutionize industries such as finance, healthcare, supply chain, and consumer goods. Fenbushi's mission is to promote the healthy and sustainable growth of the global blockchain ecosystem. It works as a long-term strategic partner to its portfolio projects.

Category:

Crypto-Native Fund

Founded: 2015

Location: Chinese Mainland

Team

Bo Shen

Founding Partner

Xiao Feng

Founding Partner

Ming Duan

Partner

Rin Huang

Partener

Yuki Yuminaga

Lead Researcher

Remington Ong

Partner

Sun Ming

General Counsel

Chloe Wang

Venture Portfolio & PR Director

Clarence Zhou

Investment Director

Kobby Chen

Investment Director

Investment Map

Investment Size

Fundraising

Date	Amount	LP
Oct 01, 2015	$50 M	--

Investments

WalletConnect

Open source crypto wallet

Lens Protocol

The Social Layer of Web3

Morpho

Decentralized lending-borrowing protocol

Mythical Games

Game technology studio

Everclear

A clearing layer for intent-based bridge

Securitize

Digital asset securities firm

Centrifuge

The on-chain ecosystem for structured credit

Amber Group

Digital asset platform

Fuel

High-performance Ethereum L2

Safe

Multi-signature wallet provider

CertiK

Blockchain security company

Circle

Payments & treasury infrastructure for the internet

Dapper Labs

Fun and games on the blockchain

Mina

Lightweight Blockchain

NYM

Building the next generation of privacy infrastructure

Astar

Multi-chain smart contract platform

The Graph

Decentralized protocol for indexing and querying blockchain data

CoinList

Token sale platform

Kyber Network

Multi-chain crypto trading and liquidity hub

Stacks

Bitcoin L2

Ethereum

The first blockchain with smart contract functionality

Hex Trust

Institutional digital asset custodian

Sygnum

Digital Asset Bank

FLock

Web3 Data Privacy solution for Artificial Intelligence

Oasys

The blockchain optimized for gamers

Lukka

Crypto asset data and software company

CARV

Modular identity and data layer for gaming and AI

Bluefin

Decentralized perpetual contract protocol

GoPlus Security

Web3 Modular User security layer

Azuro

Liquidity layer for predictions and games

Biconomy

Multi-chain transaction infrastructure

Eclipse

Customizable, modular rollups

Pixels

Open-ended world of farming and exploration

WOO Network

Deep liquidity network

The Block

Crypto news media

Acquired

Recall

Decentralized Verifiable AI agents Platform

Aztec Network

Ethereum Privacy Extension Layer

Messari

Provider of crypto market intelligence products

FalconX

Institutional crypto trading platform

Blockdaemon

Blockchain node infrastructure

ConsenSys

Ethereum and decentralized protocols software company

Debank

Multi-chain portfolio tracker

1inch

Decentralized Exchange Aggregator

Arcana Network

Modular Layer 1 to power Chain Abstraction

Ripio

Argentina-based crypto company

Abra

One-stop cryptocurrency investment platform

Balancer

DeFi automated market making protocol

CoinFLEX

Crypto exchange and yield platform

Internet Computer / Dfinity

Open-source blockchain network

Vechain

Smart contract platform

Irreducible

Enterprise Grade Zero-Knowledge Proof Acceleration Platform

Starpower

Decentralized energy network

Alluvial

Enterprise-grade liquid staking protocols

Yellow Card

Cryptocurrency exchange

Huma Finance

PayFi network

double jump.tokyo

Blockchain game development platform

zkMe

Web3 credential network

Abstract

Consumer-focused blockchain

Lagrange

Zero-Knowledge Coprocessing protocol

Airstack

Data infrastructure for web3

Anichess

Blockchain-based chess game

Sablier Finance

Cryptoasset Streaming Protocol

NFTfi

A peer-to-peer NFT lending protocol

MXC

Smart City IoT Network

Inco Network

FHE Confidentiality + EVM Protocol

Helika

Web3 gaming and NFT analytics platform

GLIF

Filecoin’s premier staking protocol

Farcana

Shooter game with a battle royale mode

De.Fi

DeFi dashboard

Kakarot

EVM-compatible ZK-Rollup

RISC Zero

Next generation scalable blockchain

iZUMi Finance

DeFi protocol providing One-Stop Liquidity as a Service

Blocknative

Real-time Web3 infrastructure company

GoodCrypto

Multi-exchange trading terminal and portfolio manager

Koii Network

World's supercomputer

ChainSafe

R&D blockchain lab

Smart Layer

The integration layer between Web2 and Web3

Merkle Science

Cryptocurrency risk predictive and intelligence platform

BlockSec

Blockchain security company

Zecrey

Ethereum Layer 2 Privacy Protocol

bloXroute

A weapon for front-running DeFi traders

Blofin

Most focused and secure crypto trading platform

WORLD3

AI-powered Autonomous World

Euterpe

Portal to IP-powered Web3 Entertainment

DeSyn Protocol

Liquidity Infrastructure Platform

Bitmart

Cryptocurrency exchange

Swivel Finance

Protocol for Fixed Rate Lending and Tokenized Cash Flow

MUX Protocol

Decentralized leveraged trading protocol

PowerLoom

The Composable Data Network for Web3

Efinity

Lext-generation blockchain for digital assets

rhino.fi

Layer2 gateway to multi-chain DeFi

Moonbeam

Etheruem-compatible smart contract platform

Radicle

Decentralized code collaboration network based on open protocol

MathWallet

The Multichain Wallet for Web3

Everledger

Industrial-grade blockchain solution

NKN

Public Blockchain

TokenInsight

Crypto research firm

Deepcoin

Cryptocurrency derivatives exchange

Bloq

Building infrastructure for the multi-blockchain future

Wanchain

Public Blockchain

Hacken

Web3 cybersecurity auditor

PumpX

Multichain consumer liquidity protocol

Reserve protocol

Decentralized stablecoins platform

YIN Finance

The solution to liquidity for DeFi

EYWA

Cross-chain data and liquidity transfer protocol

Wyden

Institutional Trading Technology for Digital Assets

Notabene

Crypto Travel Rule compliance solution

Semantic Layer

Aligned incentives for Ethereum dApp

SnakeLite

Tap-to-Earn GameFi based on Telegram

ZKEX

Multi-chain DEX secured by zero-knowledge proofs

Tevaera

zkStack-based L3 gaming chain

Lumino

Decentralized compute protocol

Range

The security platform of the IBC ecosystem

WELL3

Wellness 3.0 Powered by Blockchain & AI

Canza Finance

Non-institutional-based financial system utilizing (DeFi

4EVERLAND

Web3 cloud computing platform

DeGame

NFT game platform

Thirdverse

Virtual reality and Web3 game development, distribution and management company

Beosin

Blockchain security services provider

DEXILON

Decentralized derivative exchange

Ledgible

Cryptocurrency tax & accounting software

BlockApps

Enterprise blockchain solutions

Gem

cryptocurrency API company

Acquired

SandStorm

Live NFT Marketplace

Petaverse Network

Interoperability Solutions for Digital Pets

MPCVault

Non-custodial Multisig Wallet

Titan

Private Bitcoin mining pools for enterprise miners

Āut

A suite of DAO-native Tools

Kyro

Web3 building platform

Airwaive

Decentralized wireless broadband platform

BlockFills

Powering Digital Trading

Vibra / African Blockchain Lab

Crypto social trading app

BlockchainSpace

Enabling play-to-earn guilds to scale in the metaverse

Kibo Finance

DeFi options trading platform

Mintverse

Comprehensive NFT Aggregation Marketplace

Nameless

A cloud-based private testnet

Sipher

multiplayer looter shooter ARPG

Runtime Vеrification

Blockchain security company

Forkast

Digital media platform

Multiverse

Decentralized metaverse ecosystem

Jur

Composable infrastructure for societies, countries, and network states

BCA Labs

Cutting-edge art-tech brand focused on NFT

Keep Network

Privacy-centric public chain infrastructure

HashKey Cloud

Blockchain staking service provider

AlphaWallet

Open source crypto wallet

Crypto Briefing

Crypto research and news media company

REI Network

EVM-compatible public blockchain

QuarkChain

Multilayer, permissionless blockchain

ArcBlock

Decentralized developer platform

JUZIX

Blockchain infrastructure provider

Skuchain

Blockchain for Global Trade

Parasail

Unifying Trust Layer for DePIN

ChainFeeds

Content aggregator for Web3

Neptune Mutual

Risk protection product

Lighthouse.Storage

Perpetual File Storage on IPFS, Filecoin, and Ethereum

Staking Rewards

Data aggregator for the crypto staking industry

Moon

Banking services for crypto users

Cere Network

Cloud data infrastructure solutions

Thesis

Cryptocurrency venture studio

Stratos Network

Decentralized data mesh

NuCypher

Cryptographic Infrastructure for Privacy-Preserving Applications

LongHash

Understanding Crypto Through Data

TOP Network

Decentralized blockchain ecosystem

Sectech

Blockchain-based supply chain financing solution

Bubi Technologies

High-performance blockchain basic service platform

Securities.io

News on DeFi & digital securities

Symbiont

Enterprise blockchain firm

Acquired

Slope Finance

Mobile gateway to Web3

Bribe Protocol

Decentralized governance voter incentive protocol

Curio

NFT platform for entertainment

Merculet

Social-based blockchain operations and holistic solutions

Tierion

Data verification network

Factom

Blockchain data management company

Rio Network

The liquid restaking network

Acquired

Blue

Decentralized authentication solution

TwitterScan

Twitter analytic tool in web3

HashMix

Decentralized hash power tokenization and circulation platform

Mars

Decentralized Standardized Hash Rate Protocol Based on Ethereum

KEY GROUP

Blockchain tech company

Atlas Protocol

Blockchain interactive advertising & marketing protocol

AliceNet

Layer 2 Proof-of-Stake blockchain

CoinMex

Cryptocurrency exchange

Hashgard

Public blockchain providing solution for digital asset management

Paradex

Cryptocurrency trading platform

Acquired

Vidy

Video Layer on Top of the Web

MYKEY

Smart wallet

IPFSUnion

Decentralized storage integrated solution provider

1475

Filecoin mining solution provider

Keystore

Digital asset management platform

everiToken

Token-customized public chain

Jarvis+

AI 区块链项目

Primas

Decentralized content ecosystem

QUNQUN

Incentive community platform based on blockchain technology

Name	Round	Amount	Valuation	Date
Irreducible	Series A	$ 24 M	--	Jan 30
WalletConnect	Series B	$ 13 M	--	Jan 15
FLockFLOCK	Strategic	$ 3 M	--	Dec 19, 2024

Medium Jan 11, 2021

Investment Overview

18

178

193

14

Fenbushi Capital

@fenbushi

Influence Index 806

Followers 24.06 K

Following 907

Top Followers

+270

Cooperations

HashKey Capital

30 Rounds

IOSG Ventures

20 Rounds

NGC Ventures

20 Rounds

LongHash Ventures

15 Rounds

Coinbase Ventures

13 Rounds

SNZ Holding

13 Rounds