Spartan Group

spartangroup.io

Medium

Overview

On-chain Holdings

Details

Spartan Group is a leading blockchain investment and advisory firm based in Singapore and Hong Kong. Its investment style is mainly characterized by long-term strategy and value investment. They are committed to finding blockchain projects with strong fundamentals, long-term growth potential, and innovation. The agency also focuses on trends and macroeconomic factors in global markets, as well as policies and regulations that have an impact on the blockchain industry.

Category:

Crypto-Native Fund

Founded: 2018

Location: Hong Kong, Singapore

Team

Kelvin Koh

Partner&CIO

Casper Johansen

Partner&Co-Head

Melody He

Partner&Co-Head

Adrian

Head of Studio

Tommy Chang

Gaming lead

Michael Harris

Managing Director

Calvin Poon

Executive Director

Audrey Taylor - Akwenye

Chief Technology Officer

Michael Harris

Managing Director

Audrey Taylor - Akwenye

Chief Technology Officer

Calvin Poon

Executive Director

Leeor Groen

Director

Investment Map

Investment Size

Investments

Celestia

Modular blockchain network

Animoca Brands

Web3 game software company and venture capital company

Maple Finance

On-chain institutional capital marketplace

Manta Network

Multi-modular ecosystem for ZK applications

LayerZero

Omnichain Interoperability Protocol

Polygon

Decentralised Ethereum scaling platform

Arbitrum / Offchain Labs

Ethereum Layer2 scaling solution

BitDAO

One of the largest token governance vaults

dYdX

Decentralized Exchange

Illuvium

Open-world RPG adventure game

Open Custody Protocol

Modular custody solution

Acquired

SHRAPNEL

Multiplayer first-person shooter

Cyber

The L2 for Social

Pendle

Yield trading protocol

Solv Protocol

Decentralized Bitcoin Reserve

Maverick Protocol

Decentralized trading protocol

Synthetix

Decentralized synthetic asset platform

Obol Network

Ethereum POS consensus protocol and ecosystem

Sui

Layer 1 blockchain

Fuel

Modular Execution Layer

Unstoppable Domains

NFT domains provider

ConsenSys

Ethereum and decentralized protocols software company

Galxe

Web3 credential data network

The Graph

Decentralized protocol for indexing and querying blockchain data

Goldfinch

Decentralized credit protocol

1inch

Decentralized Exchange Aggregator

Merit Circle

Develops opportunities to earn through play

Set Protocol

Asset management platform

Secret Network

Private blockchain network based on Cosmos SDK

Acala

Decentralized finance network

Stacks

Bitcoin L2

Bware Labs

Decentralized API platform

Acquired

MultiVM

Layer2 for multi-language smart contract

Burnt (XION)

Modular Generalized Abstraction layer

Kinto

KYC'ed Layer 2

Coin98 Finance

All In One DeFi Platform

Shardeum

EVM-based smart contract platform

Aspecta

AI-generated Digital identity ecosystem across Web2 & Web3 spaces

Neon

Ethereum Virtual Machine (EVM) on Solana

Anoma Network

Intent-centric, privacy-preserving protocol

Catalyst

Interchain liquidity protocol

Omni Network

Interoperability layer for Ethereum

Nayms

Crypto-Native Insurance Market

Affine

Ssmart yielding strategies for crypto investors

Spectra

The yield derivatives marketplace

Scroll

A native zkEVM Layer 2 Solution for Ethereum

Hubble Protocol

Solana borrowing and lending marketplace

Yesports

E-sports virtual world platform based on NFT

Sweatcoin

Move-to-Earn app

Pintu

Indonesian cryptocurrency exchange

Zecrey

Ethereum Layer 2 Privacy Protocol

Omni

Web 3 super app

Slope Finance

Mobile gateway to Web3

Origin Protocol

Bringing NFTs and DeFi to the masses

Rebase

AR Adventure and M2E App

Agoric

Layer 1 protocol

Chain of Alliance

RPG Gaming Multiverse

Port Finance

Decentralized lending-borrowing protocol

Beta Finance

Money market protocol

Genopets

Move-to-Earn NFT mobile game

Decentral Games

Builds games that give players economic freedom

Gamma

Liquidity management platform for Uniswap v3

Tranchess

Yield-enhancing asset tracker protocol

rhino.fi

Layer2 gateway to multi-chain DeFi

Zapper

Asset management platform for Web3

Notional Finance

Decentralized lending-borrowing protocol

Tokemak

Providing sustainable liquidity across DeFi

Alchemix

Future-yield-backed synthetic asset platform

Shyft Network

Building trust into data for the future of blockchain compliance

Kine Protocol

Decentralized derivatives protocol

Stella

One-stop site for builders to start Web3 projects

Ampleforth

Algorithmic rebase cryptocurrency

Token Terminal

Encrypted financial data aggregation platform

SolanaFM

A friendly Solana explorer

Acquired

zkMe

Web3 credential network

E4C: Final Salvation

eSports MOBA game

Enso

Intent engine powering the intent-centric future

Cookie3

MarketingFi platforms

Planet Mojo

A web3 gaming metaverse

READYgg

Social gaming infrastructure for the Web3 creator economy

Pontem Network

Aptos Product Studio

Wind

Non-custodial wallet

Sleek

Web3 social platform

Stackr Labs

Modular SDK for building micro-rollups

tanX

Decentralized order-book exchange

Gleen AI

Generative AI for customer success teams

Delabs Games

Web3-focused gaming studio

Kaito

AI-powered research platform for digital assets

Tribe3

Gamified NFT Futures DEX

DFlow

Decentralized order flow marketplace

Credora

Infrastructure for institutional credit

MetaGravity

Scalable compute infrastructure for the metaverse

OPEN

Comprehensive SuperApp

NFTically

White-label NFT Marketplace

Gateway

The Web3 Credential Protocol

MSafe

Multi-signature wallet solutions on Move ecosystem

Pine Protocol

Lending and borrowing protocol

NF3

NFT swaps & options platform

August

Institutional On-Chain Finance Protocol

Tapio Protocol

Synthetic asset protocol

Sherlock

Audits backed by smart contract coverage

MynaSwap

Trading and vaulting platform for collectibles

Suberra Protocol

Omnichain payments for Web3

NFTG

Building the future of immersive NFT experiences

Unlockd

Cross-chain NFT liquidity protocol

Datawisp

No-code data exploration & analysis tools

StarkPlay

On-Chain Game & Creative Studio

CLST

The institutional gateway to lend and borrow digital assets

Mighty Action Heroes

Web3 Arena Battler

Contango

Decentralized Exchange

Zigazoo

Children's social NFT education platform

Chillchat

Pixel art NFT metaverse

CharmVerse

All-in-one DAO Operations Platform

Mero Finance

Reactive liquidity protocol

Froyo Games

A multi-chain GameFi infrastructure

Blocklords

Web3 strategy game

Doppel

Detecting NFT Fraud

Coinshift

Treasury management and infrastructure platform

Ape Board

Multi-chain DeFi dashboard

Acquired

pSTAKE Finance

Liquid staking protocol

Metakey

Interoperable NFT Innovator

Apeiron

Web3 god game

PleasrDAO

A DAO that collects NFT works

Legends of Elumia

P2E massively multiplayer online roleplaying game

TiTi Protocol

Algorithmic Stablecoin Protocol

DEFY

Building the next generation NFT tools and platforms

Composable Finance

The interoperable infrastructure for Modular DeFi

ALTAVA Group

Metaverse company digitizing high-fidelity fashion branded assets

Stargate Finance

Composable liquidity transport protocol

WingRiders

Cardano-based DEX

Nifty League

Bringing competitive gaming to Web3

Cradles

Prehistoric metaverse game

Ntropika Labs

Research and Development team specializing in Web3

Summoners Arena

Multi-type P2E game world

Airwaive

Decentralized wireless broadband platform

Rift Finance

DeFi protocol providing financial services for Web3

CafeCosmos

P2E tycoon game about operating and managing a café

Galaxy Fight Club

Cross-IP PvP game for the NFT Universe

Perion

Web3 gaming centric DAO

Wilder World

Immersive 5D Metaverse

Fan Controlled Sports

Professional sports league controlled by fans

Lootex

Cross-chain NFT trading platform

Concept Labs

NFT publisher

Sacred

Web3 social platform

Metaversal

NFT Investment Studio

B.Protocol

Liquidity protocol for a decentralized lending platform

Breadcrumbs

Blockchain visualizer and analytics tool

Starly

NFT launchpad and marketplace

TabTrader

Crypto trading aggregator

MOBLAND

Mafia-themed metaverse

BlockchainSpace

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

Open Meta

Building Open Metaverse

Wonderverse

DAO native tool

Pulsr

NFT discovery engine

Syndica

Scalable infrastructure for Solana

DeNet

Decentralized Storage Protocol

OP Games

Creating competitive community owned games

Taker Protocol

Secured Liquidity Layer for Bitcoin

Snickerdoodle

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

Jenny

Metaverse DAO and social token on Unicly

BENQI

Liquidity market protocol

Delta Exchange

Cryptocurrency derivatives exchange

Siren

Decentralized options protocol

Union Finance

A credit protocol built on Ethereum

SNS

A Humanized ID for the Metaverse

The Harvest

Third-person shooter with MOBA and Battle Royale elements

D.G.Pals

Web3 Gaming Project

Metalcore

Mechanized combat NFT-based game

Digital Entertainment Asset

GameFi platform

Opulous

Web3 Music Solutions

PlayMining

GameFi platform

Good Games Guild

Gaming hub focus on blockchain-based games

Lunchbox

Indie studio working on a revolutionary new MOBA

Bribe Protocol

Decentralized governance voter incentive protocol

VAST

Multimedia NFT Marketplace

MARA

African crypto platform

Bastion

The Liquidity Foundation of Aurora

SolChicks

NFT Powered Fantasy Game on Solana

ClayStack

Liquid staking protocol

Fuji Finance

Borrowing aggregator

NAOS Finance

Decentralized real-world asset lending protocol

Tidal Finance

Decentralized Insurance Market

Horizon Finance

Decentralized interest rate market protocol

DinoSwap

Cross-chain infrastructure projects

HaloDAO

Decentralized application platform

Solstarter

IDO platform on Solana

Total 186 Page

Name	Round	Amount	Valuation	Date
Wind *	--	$ 3.8 M	--	Nov 28, 2023
Sleek	Seed	$ 5 M	--	Nov 17, 2023
Kinto *	Seed	$ 3.5 M	--	Nov 15, 2023

Investment Overview

4

177

186

31

Significant Events

Mar 09, 2022

Spartan Group announces $200 million metaverse fund

Jun 08, 2021

Spartan Group closes a $110 million DeFi fund

Cooperations

DeFiance Capital

28 Rounds

CMS Holdings

24 Rounds

Coinbase Ventures

21 Rounds

Shima Capital

19 Rounds

Delphi Digital

18 Rounds

Mechanism Capital

17 Rounds