Triton Capital XYZ

Overview

Details

Triton Capital XYZ is an independent investment fund led by Kraken alumni, targeting early-stage companies and protocols across the crypto and fintech ecosystem. In addition to Kraken as the anchor LP, the fund has raised capital from a broad group of global institutional investors. Areas of investment include financial infrastructure, Web3, decentralized finance (DeFi), digital economies (NFTs, Gaming, Metaverse), consumer crypto protocols, as well as enabling technologies such as AI and Machine Learning.

Category:

Crypto Projects Venture

Founded: 2021

Location: United States

Formerly: Kraken Ventures

Team

A.J. Kennedy

Partner & CFO

Stuti Pandey

Principal

Investment Map

Investment Size

Investments

Ethena

ETH based delta-neutral stablecoin

WalletConnect

Open source crypto wallet

Lens Protocol

The Social Layer of Web3

Morpho

Decentralized lending-borrowing protocol

RedStone

Cross-chain data oracle

Puffer Finance

Anti-Slashing Liquid Staking

N1

Customized modular rollups

Safe

Multi-signature wallet provider

Hyperlane

Cross-chain messaging protocol

Usual

RWA stablecoin protocol

Unite

Layer 3 blockchain for mobile games

Nibiru

Layer 1 blockchain and financial hub

Messari

Provider of crypto market intelligence products

Hashflow

Decentralized Trading Platform

pSTAKE Finance

Liquid staking protocol

Blockdaemon

Blockchain node infrastructure

Anchorage

Crypto custodian for institutional investors

Acala

Decentralized finance network

Optimum

High-performance memory infrastructure

Alluvial

Enterprise-grade liquid staking protocols

Quantoz

Blockchain solutions provider

Kiln

Enterprise-grade staking technology provider

Pontem Network

Aptos Product Studio

Fiat Republic

Democratizing fiat access for the Web3 economy

LimeWire

Marketplace for digital collectibles

Chingari

Web3 Social Media

Merkle Science

Cryptocurrency risk predictive and intelligence platform

CAP

Stablecoin engine

1Money

Next generation payment network

Sphere

Payments infrastructure for crypto

Schuman Financial

Stablecoin issuer

Valantis Protocol

The modular exchange protocol

Agora

Dollar stablecoin issuer

CFX Labs

Blockchain-based financial technology company

The Animal Age

Animal-based metaverse

Concordia

The Operating System for Decentralized Credit

BoomFi

All-in-one solution for crypto payments

Shield

Blockchain security company

Senken

Decentralized carbon credit marketplace

FrankieOne

API platform for identity verification and fraud detection

Immortal Game

The next generation chess platform

Spring

All-in-one solution for Web3 vesting and investing

CLST

The institutional gateway to lend and borrow digital assets

Navigate

Web3 data sharing and monetization platform

CoinTracker

Crypto portfolio and tax assistant

Massive

A new business model for the internet

Snickerdoodle

Creating the cookie of web3 to empower people, brands and data

Structure Finance

Platform for structured financial product

Deblock

A current account integrated with a non-custodial wallet

Superposition

DeFi Native Layer-3

Nimblr

Decentralized insurance platform

OpenQ

Peer-to-peer freelance platform tailored for software development

Prime Trust

Fintech infrastructure firm

Acquired

Wyre

Fiat-to-cryptocurrency and payment infrastructure company

Conductive

Engagement platform for game developers

CoinFX

International stablecoin settlement network

Name	Round	Amount	Valuation	Date
Optimum	Seed	$ 11 M	--	Apr 15
CAP *	Seed	$ 8 M	--	Apr 07
WalletConnectWCT	Series B	$ 13 M	--	Jan 15

Parent Company

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Investment Overview

Rounds in the past year

12

Total rounds

57

Portfolio Numbers

56

Lead Investment

7

Significant Events

Feb 26, 2025

Kraken Ventures rebranded to Triton Capital

Dec 17, 2021

Kraken's venture arm closes its $65 million fund

Cooperations

Coinbase Ventures

13 Rounds

Fenbushi Capital

7 Rounds

NGC Ventures

7 Rounds

IOSG Ventures

6 Rounds

Robot Ventures

5 Rounds

1kx

5 Rounds