1/ Considered the holy grail of encryption, Fully Homomorphic Encryption (FHE) will bring paradigm shifts to data ownership and usage. We published a deep dive into FHE by Evan Fisher and Vikramaditya Singh. Here’s a short thread walking through an overview: portal.vc/fhe

1/ Protocols - The Next Business Model Software broke records on speed to $100M of revenue, protocols will break records on speed to $100M of profit portal.vc/protocols

1/ Urbit: Beyond Blockchains, A New Paradigm for the Internet Ethereum can reshape our financial system, Urbit can reshape our internet. portal.vc/urbit_primer

A BTC thesis: The Panda Renaissance. This piece is the culmination of 3-months of research on Bitcoin. Expect rich data, analyses, & PoVs on BTC as a currency, asset, and L1, along with the latest technological, institutional, & market catalysts. 👉portal.vc/bitcoin

Not your everyday shared sequencer: Evan Fisher and I present Portal Ventures’ investment thesis to lead Rome’s preseed round alongside toly 🇺🇸, Nick White 🦣, neel, Rahim Noorani, Santiago R Santos | #9159, Tarun Chitra, and Yano 🟪 portal.vc/rome_protocol

Gnarly News! 🌊 Bitflow has raised $1.3M in pre-seed funding to continue building critical infrastructure for Bitcoin DeFi. 🚀 Led by Portal Ventures, alongside visionary investors including Bitcoin Frontier Fund, ₿itcoin Startup Lab, Big Brain Holdings, Newman Capital, GenblockCapital,

Announcing $7.5m in funding for Concrete. Concrete is an appchain built for on-chain debt and credit. Higher yields, no liquidations, and advanced predictions. Led by @Hashed_Official @TribeCap with day 1 support from Portal Ventures. Founded by NRH Dillon Liang

INCOMING 📢 PBC24 Speaker Announcement 📢 "Asset Management: Crypto As a New Asset Class" featuring Evan Fisher of Portal Ventures Marcos Veremis of Accolade Partners Ben Slocum of Penn Endowment Mark W. Yusko #TwoPointOneQuadrillion of Morgan Creek Digital (MCD) Moderated by Sudy Sarathy of Hartree Partners

INCOMING 📢 PBC24 Speaker Announcement 📢 "How TradFi Is Embracing Crypto" featuring Sandy Kaul of Franklin Templeton Oli Harris of Goldman Sachs Pranav Kanade of VanEck Sandy Kaul of @FTI_DA Moderated by Evan Fisher of Portal Ventures

In FOUR days! See you this Friday & Saturday (2/23 & 2/24) at Penn Blockchain Conference for the largest student & alumni-run Digital Assets & Blockchain Conference! Expect heavy-hitting panelists from the top of their fields across startups, Wall Street, and Venture Capital.

📣We are excited to announce our $4.5 million fundraise, led by 1kx, to develop Inco, a modular, confidential computing Layer-1 blockchain powered by fully homomorphic encryption (FHE) and secured by Ethereum. Inco stands as the universal confidentiality layer for

As the first backer of Arch & having witnessed its progress since inception, we now have a new definition of what it feels like to be on a rocket ship. @Evanbfish Portal Ventures

L2s -> verticalized blockspace markets Plume Network - RWAfi identified a massive, yet underserved demand for RWA blockspace Chris Yin, Teddy and the team uniquely combine crypto-native product expertise, killer GTM instincts, and traditional business building experience We

Next chapter of crypto: Distribution is King OpenSocial Protocol uniquely combines crypto nativity, Asia consumer internet expertise, & distribution prowess They've been dogfooding from day 1 to build novel social products. Pumped to back a very special founder Allen Ng

Almost a year after the publication of Portal Ventures’ initial bitcoin thesis, we are excited to present its sequel: Chapter Two of Bitcoin 👉 portal.vc/bitcoinsequel

Rome uniquely exports Solana's advantages to ETH L2 blockspace Shared sequencing is coming, and we should use existing networks + services + security to do it Pumped to be a day 1 backer

Thrilled for Portal Ventures to lead BIMA ✈️ DEVCON🇹🇭’s pre-seed round. Our thesis is simple: stablecoins on BTC need to happen but have not. After screening most startups in the space, BIMA ✈️ DEVCON🇹🇭 distinctly stood out for their - exceptional founder-market fit as a group of BD machine -

Crypto rails streamline transfer of value + trust. SkyTrade is using this to bring capital efficiency to the $30T air rights capital markets Crypto unlocks value creation, and not just with internet commodities