Boston-based crypto fund startup Triblock emerges out of stealth

Boston-based crypto fund startup Triblock emerges out of stealth

Published: 03-08-2022 14:40:00 | By: Pie Kamau | hits: 4051 | Tags:

Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.

The fund began deploying in mid-2021 and invests across collaborative financial primitives, institutional tooling, middleware infrastructure, Web3 collectibles, and gaming. The fund has made pre-seed investments in Oncyber (Open Metaverse Infrastructure) and Stader (Liquid Staking). The firm's seed-stage investments include Ondo (Decentralized Investment Bank), Metaplex (Solana-Incubated NFT Standard), Stardust (Web3 NFT Infrastructure), and Milkomeda (Multichain EVM Layer).

Matt's background stems from the global crypto trading industry having worked on the business development teams at Flow Traders in Amsterdam and Altonomy in New York City, where he facilitated launches for top token issuers on exchanges such as Coinbase, Binance, and FTX alongside interfacing with hundreds of institutional OTC clients. Bennett is a serial entrepreneur within Web3 having founded metaverse fashion company Endstate (raised $5.5m) and trademark protection platform Cognate (acquired by GoDaddy). He created and taught the Blockchain at Boston College course.

While based in the United States, Triblock has invested in entrepreneurs across 10 different countries. The fund is purely focused on venture investments and does not speculate in the liquid markets. In a competitive venture landscape, Triblock differentiates itself by offering resources to its portfolio companies across business development, company formation, liquidity management, market insights, and strategic planning.

www.triblock.co