Breed

Breed is thrilled to announce our investment in Drop, a liquid staking protocol transforming the landscape of Interchain assets. Drop is led by a top-notch team of ex-Lido and P2P contributors, pushing the boundaries of capital efficiency. Drop utilizes Neutron's network to provide seamless, trust-minimized liquid staking services across multiple blockchains. With $20M+ in assets deployed, their dAssets (like dATOM and dTIA) allow stakers to unlock liquidity without losing rewards. As a proud member of the Lido Finance Alliance, Drop is set to lead the next phase of liquid staking in the Interchain. We're excited to back  Mitya Argunov and the entire Drop team on their journey to build the best liquid staking protocol for the Interchain ecosystem.

We're thrilled to announce our investment in Kiva AI, revolutionizing the intersection of AI and human feedback. Kiva’s innovative approach leverages a global network of experts to supercharge data creation. Kiva’s scalable solution empowers diverse use cases, from healthcare to legal, by providing high-quality, real-time data labeling and annotation. This gives teams the ability to train specialized models that big AI platforms might overlook. Human expertise, amplified. With their commitment to above-market incentives, competitions, and vetted raters, Kiva ensures the best outcomes for AI. We're excited to support  Ahmed Rashad and the incredible Kiva team on their mission to blend human expertise with cutting-edge AI. More from Fortune here: https://lnkd.in/dp8SEgma

Breed is thrilled to announce our investment in t1 protocol. T1 is solving one of Web3’s most pressing challenges: fragmentation & lack of composability introduced by rollups. With T1s tech stack, they bring cross-chain scaling and instant settlement. T1’s groundbreaking Layer 2 infra enables synchronous composability across partner rollups with 1-second block times and robust MEV protection. Users can enjoy seamless cross-chain interactions while leveraging liquidity—no more juggling chains or compromising on security. We're excited to back Can Kisagun, Orest Tarasiuk & team, as they unify Ethereum and the broader rollup ecosystem. T1’s mission to deliver composable scalability and a superior user experience is set to reshape the future of decentralized applications and cross-chain innovation.

Breed is excited to announce our investment in Time.Fun! They are pioneering the way we value & trade time by enabling users to tokenize and monetize it. This is transforming social interactions by allowing the market to decide what your time is worth. From founders and influencers to developers and investors, Time.fun connects users with top creators across industries. The platform’s innovative model provides a unique opportunity for personalized mentorship, advice, and collaboration, all priced per minute. We believe in Time.funs vision to bring new dynamics to creator and expert engagement in the digital age. We're thrilled to support them as they continue to innovate and lead in this emerging space. Congrats to the entire team! More here from The Block: https://lnkd.in/e-m92sK4

Breed is proud to back BSX, a game-changer in on-chain derivatives. With $4B+ in trading volume and $1M+ in revenue since April, BSX is rapidly becoming the liquidity hub for DeFi on Base and EVM chains. The BSX team, with veterans from Coinbase, Kraken Digital Asset Exchange, FalconX X and Jump Crypto, is building a comprehensive DeFi ecosystem. Their advanced platform offers millisecond latency, deep liquidity, and up to 1000x leverage, making it a true game-changer for on-chain trading. We're proud to back BSX as they expand their offerings and push the boundaries of decentralized finance. Big congratulations to Henry Nguyen and the BSX team—this is just the beginning... More here from The Block https://lnkd.in/esNxijFz

Breed is thrilled to announce our participation in the Molecular Labs (Nucleus) $7M funding round. Nucleus is pioneering the default yield provider for networks across the crypto ecosystem, offering a transformative solution for both users and networks. Nucleus enables users to effortlessly earn yield by simply bridging assets to supported networks, while networks benefit from new business models, user growth, and diversified revenue streams. This innovation promises to reshape the way yield is generated and distributed. We believe Nucleus’s focus on safety, sustainability, and network-layer integration positions it as a key player in the future of DeFi. We look forward to their upcoming launch with 20+ partners! Congrats to  Chunda McCain and the entire Molecular Labs team. See more here The Block https://lnkd.in/eYHaNg5u

Breed is psyched to announce our investment in Kuru is revolutionizing on-chain order books with unparalleled gas efficiency on Monad Labs Kuru's groundbreaking approach mitigates MEV and maintains a constant gas cost, even with a fully on-chain CLOB. This ensures seamless integration with DeFi aggregators and unprecedented efficiency for market makers. Kuru is poised to transform the trading landscape on Monad. We're proud to back Kuru as they lead the charge in creating a more efficient and secure trading ecosystem. Congrats to Vaibhav Prakash Rohan Shrothrium and the whole Kuru team! More here from The Block: https://lnkd.in/dRdTxV8a

Breed is pumped for our investment in Kintsu pioneering the next generation of liquid staking on Monad Labs. Kintsu is building an innovative LST product to drive economic activity and be a foundational building block for DeFi on Monad. Kintsu's elegant registry model and focus on local governance solve key LST challenges. Their modular, interoperable architecture creates a seamless experience for users to access DeFi opportunities across multiple networks. We're thrilled to support Kintsu as they reshape the liquid staking landscape, making it more accessible, efficient, and integrated with the broader DeFi ecosystem. Congrats Stephen Novenstern, and the entire Kintsu team! More here from The Block: https://lnkd.in/dGKW3rst

Breed is thrilled to announce our investment in Switchboard, a trail blazer in the oracle space. Switchboard is revolutionizing on-chain data aggregation with their innovative on-demand oracle solution, offering unparalleled customization and security. Switchboard On-Demand provides high-fidelity data with low latency, perfect for blockchain applications needing precise and timely information. Their confidential runtime ensures data integrity and first-look advantage for users, setting a new standard in oracle technology. With Switchboard's unique blend of customizable data solutions, they are positioned to lead the oracle market. Excited to support Chris Hermida, Mitchell Gildenberg the entire Switchboard team in transforming blockchain data services! More info here from The Block: https://lnkd.in/egkqfw3r

Breed is psyched to share our investment in Plume Network, the trailblazer in real-world assets space. Plume is building a modular RWA Layer 2 to seamlessly onboard RWA projects and bring new capital on-chain. Their mission is to streamline the RWA ecosystem. Plume's approach integrates asset tokenization and compliance providers directly into their chain, creating a cost-efficient and secure environment. They enable RWA composability to foster new DeFi applications and provide a seamless investment destination with high liquidity for all tokenized RWAs. The Plume team is a powerhouse of talent from Coinbase, Robinhood, Binance, and Galaxy Digital, among others. We're thrilled to support Chris Yin Teddy Pornprinya, Eugene Y. Q. Shen, and the entire Plume team in revolutionizing the RWA landscape! More here from The Block https://lnkd.in/eVpxzv2m