We pick the chains we believe will outrun the field. Some we build on; some we simply hold. Open any one to read the full thesis.
The hardest money ever made — the conviction floor under everything else we believe.
A fixed 21-million supply, the deepest security budget in the industry, and settlement assurance no other chain comes close to. Bitcoin is the reserve asset of the entire space.
We picked it because a lab needs a base layer of belief, not only a build target. Not every conviction has to ship a product — Bitcoin is the one we hold, the anchor everything else is denominated against.
Position: pure conviction. No Longma product runs on Bitcoin, and none needs to.
A chain built around a single workload — and that workload is now the fastest book in crypto.
Most perp DEXes hedge between execution speed and chain neutrality. Hyperliquid refused both compromises — they built their own chain to host one book: 200,000 orders/sec, 0.2-second finality, no MEV, no off-chain matching.
We picked it because conviction-grade infrastructure is built around a single workload. Generality is the enemy of speed.
We build: Age of Fox, Vanta, and Nabu — all native to Hyperliquid.
The EVM upgrade Ethereum needed — same Solidity, same bytecode, 10,000 TPS.
The EVM is the most distributed asset in crypto. Most scaling proposals admit defeat with a different VM. Monad refused — it rebuilt the EVM with parallel execution, optimistic concurrency, and a custom database layer. Same opcodes. 1-second blocks.
Position: pure conviction. We hold Monad as the EVM's real scaling answer — but run no product on it yet.
Independent transactions don't queue — they execute at once. Speed that scales with hardware.
Object-centric storage and Move's resource model give Sui a fundamentally different shape than account-based chains. We picked it because parallelism, done right, compounds — as venues and apps come online, the chain's effective speed gets faster, not slower.
We build: Ryujin One is our Sui initiative; its brand Kirin is a perp-DEX powered by the Prospero engine.
Telegram already has the wallet — and 950 million users. The distribution problem solved itself.
Crypto spent a decade building wallets nobody installed. TON ships inside Telegram: mini-apps, native payments, one tap, no seed-phrase flow. We picked it because distribution is the only unsolved problem in crypto — speed and security are roughly handled.
Position: pure conviction. We hold the distribution bet; the right consumer product to ride it is still ahead of us.
The only way to invest in Sam Altman onchain — and the largest proof-of-humanity network ever attempted.
World (Worldcoin) is the identity-and-money layer for the age of AI: World ID proves you're a unique human without revealing who you are, and World Chain — an Ethereum L2 — settles it. Founded by Sam Altman, alongside the rise of OpenAI and ChatGPT.
We picked it because the one thing AI can't fake is a verified human. As ChatGPT eats the world, Proof of Humanity becomes the scarcest primitive onchain — and WLD is the only liquid way to hold exposure to Sam Altman's second empire.
Position: pure conviction. The AI-and-identity bet — we hold it; we don't build on it yet.