Application-centric Web3 VC: early-stage, practical use cases, no speculations. Actively deploying.

Joined October 2021
Photos and videos
Backed @Nevermined_ai before agentic payments were consensus. Today the market is catching up. Proud to see @dongossen and his team among the select partners building this next chapter of financial infrastructure alongside @Mastercard. Early conviction. Exceptional founders. Category-defining outcomes.
1/6 @Mastercard just launched Agent Pay for Machines. New infrastructure built for AI agents to transact with each other, autonomously, at machine speed. @Nevermined_ai is part of it 🧵
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🤝@GoldmanSachs issued a blockchain-native real estate fund. @OwneraIO – our portfolio company connects all participants across the structure alongside @ArchaxEx and @ApexGlobalGroup. Real estate is the hardest asset class to tokenize. Illiquid, fragmented, legally complex. This fund addresses all three. The kind of institutional validation that speaks for itself. Great work.
Ownera is supporting the launch of a tokenized real estate fund with @ApexGroup, @GoldmanSachs and @Archax. Tokenization is moving from pilot to production, where issuance, custody and distribution operate across multiple platforms. This is where connectivity becomes critical. Ownera enables these institutions to interact seamlessly across platforms and systems. Read more: apexgroup.com/insights/apex-…
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Enterprise compliance didn't disappear when payments moved onchain. Are you ready? x402 solved machine payments at scale (with @Google, @Visa, @stripe, and @AnthropicAI backing it). 140M transactions processed already, average $0.31 per payment. That's economics traditional rails can't match. But there's a problem: every payment is visible onchain. Your competitor can see exactly what you charge each customer, who's scaling up, what your revenue looks like by account. For B2B companies where 40% don't even publish pricing publicly, that's a non-starter. @TACEO_IO's Merces adds a confidential payment layer to x402: same HTTP flow, ZK proofs hide amounts, sub-second settlement. Pricing stays private, usage patterns stay private, verification stays public. Demo's already live on @base @Gartner_inc projects $15T in AI-intermediated B2B by 2028. 72% of B2B SaaS companies changed pricing last year. Enterprise relationships won't move onchain if your entire pricing strategy becomes public data. Privacy isn't a feature request here, it's infrastructure. For anyone building in stablecoin & payment infrastructure, identity, institutional custody, or similar: reach out to @TACEO_IO to make sure your private setup is ready.
May 12
𝗘𝘃𝗲𝗿𝘆 𝘅𝟰𝟬𝟮 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝘀𝗲𝘁𝘁𝗹𝗲𝘀 𝗮𝘀 𝗮 𝗽𝗹𝗮𝗶𝗻 𝗘𝗥𝗖-𝟮𝟬 𝘁𝗿𝗮𝗻𝘀𝗳𝗲𝗿. Your pricing per customer. Your revenue by account, by day.. All visible to anyone with a block explorer. Over 100 million payments have settled this way.
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Meet our partner @eldar_pm at Consensus Miami 2026 if you are around!
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Polymorphic Capital retweeted
@polymorphiccap is one of the most active Web3 funds today and one of the earliest investors in @FairMath , as well as one of the most value-add partners we’ve worked with. If you’re raising in this space, you can get in front of the Polymorphic Capital team directly via Parley: parley.zone/i/eldar parley.zone/i/nataly
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1/3 Given the recent narrative that “VCs are dead,” this is actually the moment to be clear: we are actively deploying. We stay consistent. Since 2018, our approach hasn’t changed: > fundamentals over speculation > applications over infrastructure > businesses over tokens > revenue over narrative We back companies that generate real revenue, solve real problems, and scale beyond crypto-native users. We are a strong fit for founders building for large markets, obsessed with distribution, and thinking in terms of businesses, not tokens. Seed to Series B stages. If your company works even if the word “crypto” disappears, we should talk.
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2/3 Our main investment categories today: – Payments & Stablecoins – Asset Tokenization – Agentic Economy – Open category: we are always open to novel ideas and to speaking with exceptional founders and strategic thinkers. If you’re building something aligned with the above, please reach out.
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3/3 The quickest way to secure a meeting and get feedback from our partner @eldar_pm is via: parley.zone/i/69c17145fc59c6… The most important companies in a technology cycle are almost always built during its winters, not its summers. So keep building. If you want to chat, please reach out.
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With @Visa and x402 (@coinbase), @Nevermined_ai is turning agents into transacting entities, unlocking a new market where machines don’t just use services, they pay for them at internet scale. Content, APIs, and data can now be monetized per request, creating entirely new revenue streams for digital businesses. > Machine-native micropayments > Delegated spending without human-in-the-loop > Merchant acceptance via existing global rails Any protocol. Any rail. Any price. This is how new economies start. Great work, team 🚀
1/8 🚨Announcement🚨 @Nevermined_ai unlocks autonomous agent payments using @Visa Intelligent Commerce, @coinbase x402 and @getVGS . AI agents can hold persistent delegated card spending authority with safe policy enforcement set by the cardholder. 🧵👇
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Everyone is building AI agents right now. Very few can actually monetize them at scale. Agents can reason, plan, execute. But the moment money is involved, everything still assumes a human. @Nevermined_ai just pushed this forward. Agents can now pay. APIs and platforms can now charge them. If you’re building, this is worth trying.
1/4 Pay and get paid in the agentic economy. @Nevermined_ai Pay is LIVE 🎉 Over the past 6 months, AI agents have gone from tools to operators. They reason, plan, and execute. But the moment they need to pay or get paid, everything breaks. A human has to step in. That doesn’t scale.
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Polymorphic Capital retweeted
The US repo market: $12.6T in daily exposures. A firm needing 1 hour of #liquidity still pays for overnight — that's how #settlement works. Ownera changes this: borrow for exactly as long as you need. Minute-level precision, continuous settlement. Live with @jpmorgan
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Most people see AI agents as productivity tools. We see them as a new category of economic participant. The gap: agents can't hold persistent spending authority. Every transaction requires a human back in the loop. @Nevermined_ai just shipped the rails that fix this in end-to-end agentic commerce stack. Four industry innovations end-to-end: 1. Agentic tokens (Visa/MC's new token type – agent transactions are now visible/auditable) 2. Persistent delegation (months (not seconds) of spending authority, hard limits) 3. x402 micropayments (HTTP 402 finally works after 28 years) 4. Merchant acceptance via existing PSPs Think of @Visa building VIC and @Mastercard its AgentPay specifically for this. @Nevermined_ai just shipped the end-to-end agentic commerce stack. Check it out.
1/10 We are shipping persistent card delegation for AI agents using agentic tokens. Here's the technical architecture that makes it work. Four innovations, end-to-end: agentic tokens, persistent delegation, micropayment sessioning, and merchant acceptance infrastructure. Deep dive 🧵
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MPC has existed in research papers for decades. The problem? Too slow for production. Meanwhile, the need kept growing: –> Stablecoins moving toward mainstream adoption –> Identity systems going digital and interoperable –> AI agents emerging as economic actors All requiring privacy verifiability at scale. @TACEO_IO closed the gap. Billions of encrypted comparisons per second. Distributed computation with no central operator. Already securing 18M users. The infrastructure layer that makes private digital rails possible is live today. If you are building on identity, payments, or agentic infrastructure we highly recommend getting in touch.
Mar 19
The TACEO Network is live! A private execution layer for digital rails. The cryptographic infrastructure behind it already secures personal data for nearly 18 million people.
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👏 great work, team! powered by @mellowprotocol
DeFi, simplified. Introducing two new vaults: EarnETH & EarnUSD One vault for ETH-based capital. One for stablecoins. Now live on stake.lido.fi/earn
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All the more reasons to start getting paid with stablecoins via @rise_pay
Mar 2
Rise is proud to announce Rise Earn - Built-In Stablecoin Yield for Global Teams and Companies via @aave Vaults Now, companies, employees, and contractors can start earning on their payroll funds without ever leaving the Rise platform. Traditionally, payroll has been a pass-through event: funds are deposited, sit idle while awaiting disbursement, and then exit the system. ‍Rise Earn changes that. Learn more about Rise Earn in the announcement below: riseworks.io/blog/rise-launc…
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Polymorphic Capital retweeted
Kudos @ncerovac for the breakdown of what Core Vaults actually solve. Risk policy enforced onchain, flexible strategy routing, and real CEX integration – all three were real blockers for institutional capital. Now they're not😎
Everyone missed the biggest yield product of the last 3 months. It's @mellowprotocol's Core Vaults. It was literally not possible to mix-match strategies like this before. Any DeFi route CEX institutional rails, and Mellow just fist jammed all of it in a single vault. ↓
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While many investors declare Web3 “dead” and leave the space over red charts, we feel better about Web3 than ever. We keep investing and plan to increase our activity. If you’re building a product whose value survives even if all token prices go to zero – we want to talk.
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