Investor Type | Firm |
Industries | Blockchain (& Cryptos) |
Stages | Seed, Series A, Series B, Pre-seed |
Investing | United States |
Investment Range | $100,000 - $5,000,000 |
Investment Sweet Spot | $1,500,000 |
CitizenX is an investment firm that specializes in propelling forward the future of web connectivity and financial interactions through strategic funding of ventures, token projects, and protocols within the blockchain space. They focus on innovations in Web3 services, DeFi (Decentralized Finance), and NFTs (Non-Fungible Tokens), recognizing the transformative potential of these technologies to change internet access methods and business dealings while also redefining ownership rights across all asset classes. CitizenX's investment thesis hinges on the belief that blockchain technology enhances anonymity by allowing pseudonymity, consequently contributing to self-sovereignty and the replacement of intermediaries in next-generation digital products. They aim to support the creation of stellar user experiences and robust infrastructure crucial for mainstream adoption of these technologies. CitizenX considers infrastructure support within this rapidly evolving ecosystem to be of significant importance. With a dedicated fund, their goal is to identify and back protocols and teams that drive progress in these cutting-edge sectors. The firm operates within a distinct investment range, considering a minimum investment of $100,000, a 'sweet spot' investment of about $1,500,000, and a maximum threshold at $5,000,000. They operate across various funding stages including Seed, Series A, Series B, and Pre-seed. The leadership team comprises experienced crypto entrepreneurs and investors like Michael Tant and Emilio DiSanluciano who have substantial backgrounds in traditional venture capital as well as crypto-native technologies. Prominent investments include contributions to Merit Circle Governance, participation in Azuro's $3.5m seed round to build the foundation for decentralized betting, and supporting Fungify's $6M round for developing an NFT lending primitive. CitizenX is dedicated to investing in disruptive innovations with the dual goals of growth and value. They invite both potential investors and innovative project developers to connect and collaborate, reflecting their commitment to democratize finance globally through tokenization and decentralization.