Quantum is the new meta—but building a quantum L1 is as ludicrous as asking everyone to move & permanently live in a nuclear bunker. So, what's the play? At Portal Ventures, a key criterion for underwriting a new company is simple: Will this asset still matter in 10 years?

1980s: “Private equity? That's just leverage and luck.” 2000s: “Internet startups? No profits, no future.” 2020s: “Protocols? No business models, just tokens.”

Today we're excited to share that Christian Angermayer has joined the Uranium Digital team as a strategic investor and advisor. Christian is a visionary and will be vital to aiding our mission in building the first institutional-grade spot market for uranium trading.

1/ Presenting our Latest Round. We’re Taking DeFi to Higher Highs🗿 Powering the next generation of yield and structured products. $9.5M Led by Polychain.

We're pumped to welcome @evanzsolomon onboard as Chief of Staff Portal Ventures! I first got to know Evan his freshman year at Univ of Michigan. He reached out asking advice on breaking into crypto, my suggestion was to create things. Since then he launched the Michigan Blockchain

If we zoom out 10 years, what will be true? The dollar will weaken. Alternative stores of value will emerge as reliable financial assets. The world’s financial activity will move onto blockchains. We will see experimentation with new types of currencies. Privacy will be

1/ A few big life updates ❤️ - I'm pregnant and expecting in the fall - I'm launching my first citizen science side quest - I'm launching a crowdfunded campaign to Fix the (baby) Formula Here's the full story 🧵

🚀 Excited to share the first piece in a new multi-part research series from Four Pillars diving deep into Arch Network . This opening article unpacks the technology stack behind Arch—why it’s different, how it creates a better UX for Bitcoin DeFi, and why that ultimately

While at Insight, I helped invest $600m+ in everything from early stage venture to full-blown take-private M&A. We saw firsthand how software unlocked new revenue streams + cost efficiencies Since starting Portal in 2022, I've believed the same will be true of protocol

Crypto-enabled businesses are the new tech-enabled businesses

x.com/i/article/1980…

Welcome to the new Arch. Sharper visuals, stronger voice, and a better feel to make real Bitcoin, finally programmable. Bitcoin should do more. Now it can.

Bitcoin is a $2T asset - there should be native financial rails Since leading their first round 2 years ago, the team has shipped a technically challenging product without compromise on UX, ecosystem development, and first principles Big milestones coming up - jobs not done 🫡

We have a non-consensus view that quantum supremacy is gonna hit a lot faster than people think Why? Well, it turns out horizontal scaling is progressing a lot faster than vertical scaling—you can often connect many chips together to get better results than with a nextgen chip

Our 3 most recent investments have all had an impressive amount of day 1 traction (both with consumers and institutions) Clear that we're entering a new era of crypto business building

x.com/i/article/1982…

Sometimes business volatility should increase discount rates... but if volatility comes with a fat right tail, then it should be thought of more like IV on an option