# Draper Associates' Web3 & Crypto Investments: 25 Startups in Its Portfolio (2026) > The 25 Web3 & Crypto startups Draper Associates has backed, by stage: $4.3B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/draper-associates-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 9 - [Polymarket](https://millionrounds.com/company/polymarket) - [Ledger](https://millionrounds.com/company/ledger) - [The Open Network Foundation](https://millionrounds.com/company/the-open-network-foundation) - [Mezo](https://millionrounds.com/company/mezo) - [Factom](https://millionrounds.com/company/factom) - [Opolis](https://millionrounds.com/company/opolis) - [Optix](https://millionrounds.com/company/optix) - [Naoris Protocol](https://millionrounds.com/company/naoris-protocol) - [CredShields](https://millionrounds.com/company/credshields) ## Pre-seed and seed 7 - [Ark Labs](https://millionrounds.com/company/ark-labs) - [EtherMail](https://millionrounds.com/company/ethermail) - [Old Street Digital](https://millionrounds.com/company/old-street-digital) - [MIDL](https://millionrounds.com/company/midl) - [Takadao](https://millionrounds.com/company/takadao) - [Hinkal](https://millionrounds.com/company/hinkal) - [Sati](https://millionrounds.com/company/sati) ## Series A 6 - [*UD* Unstoppable Domains](https://millionrounds.com/company/unstoppable-domains) - [Thesis](https://millionrounds.com/company/thesis) - [OpenNode](https://millionrounds.com/company/opennode) - [Rise](https://millionrounds.com/company/rise) - [Morpher](https://millionrounds.com/company/morpher) - [*A* Authenteq](https://millionrounds.com/company/authenteq) ## Series B 3 - [Korbit](https://millionrounds.com/company/korbit) - [Cryptio](https://millionrounds.com/company/cryptio) - [Coinplug](https://millionrounds.com/company/coinplug) ## Segment by segment ### Stage not reported 9 startups · $4.0B raised - [**Polymarket**](https://millionrounds.com/company/polymarket) Polymarket is the largest prediction market platform globally, allowing users to trade shares on the outcomes of real-world events. United States $3.0B - [**Ledger**](https://millionrounds.com/company/ledger) Ledger develops hardware wallets and digital asset management tools for cryptocurrency storage, transactions, and self-custody. France $469M - [**The Open Network Foundation**](https://millionrounds.com/company/the-open-network-foundation) The Open Network Foundation is a non-profit organization founded in Switzerland in 2023. Switzerland $400M - [**Mezo**](https://millionrounds.com/company/mezo) Mezo offers property maintenance and provides visibility from the point of intake to avoid unnecessary trips and reduce cost. United States $33M - [**Factom**](https://millionrounds.com/company/factom) Factom, Inc. United States $14M - [**Opolis**](https://millionrounds.com/company/opolis) Opolis is a member-owned digital employment cooperative based in Denver, Colorado, founded in 2017 by John Paller. United States $6.6M - [**Optix**](https://millionrounds.com/company/optix) Optix is a Magento 2 solution for online eyewear retailers, offering comprehensive extensions with a focus on prescription lens selection. United States $4.4M - [**Naoris Protocol**](https://millionrounds.com/company/naoris-protocol) The Naoris protocol is a decentralized cybersecurity mesh that protects the digital world from cyber threats and associated risks. United States $3.0M ### Pre-seed and seed 7 startups · $18M raised - [**Ark Labs**](https://millionrounds.com/company/ark-labs) Ark Labs is a blockchain technology company focused on developing open, programmable financial infrastructure on Bitcoin. United States $5.2M - [**EtherMail**](https://millionrounds.com/company/ethermail) EtherMail is a decentralized email platform that combines Web2 and Web3 technologies, allowing for anonymous, encrypted wallet-to- Liechtenstein $4.0M - [**Old Street Digital**](https://millionrounds.com/company/old-street-digital) Old Street Digital is a crypto asset advisor that is building a range of active, fundamental research-driven investment funds. United Kingdom $2.8M - [**MIDL**](https://millionrounds.com/company/midl) Your dApp on Bitcoin. United States $2.4M - [**Takadao**](https://millionrounds.com/company/takadao) Takadao is a fintech and Web3 technology company based in Riyadh, Saudi Arabia, with a presence in Singapore. Singapore $1.5M - [**Hinkal**](https://millionrounds.com/company/hinkal) Multi-chain privacy for stablecoin payments. United States $1.4M - [**Sati**](https://millionrounds.com/company/sati) SATI is the team of professionals who are passionate about building innovative solutions. Mexico $600K ### Series A 6 startups · $145M raised - [*UD* **Unstoppable Domains**](https://millionrounds.com/company/unstoppable-domains) United States $69M - [**Thesis**](https://millionrounds.com/company/thesis) Thesis is a nootropic company that specializes in personalized, natural brain-blend supplements aimed at enhancing cognition, prod United States $29M - [**OpenNode**](https://millionrounds.com/company/opennode) OpenNode is a financial technology company based in Los Angeles, founded in 2018. United States $20M - [**Rise**](https://millionrounds.com/company/rise) RISE is the only coastal resilience innovation hub of its kind in the U.S. United States $16M - [**Morpher**](https://millionrounds.com/company/morpher) Morpher is a blockchain-based financial technology company founded in 2018 and headquartered in Vienna, Austria. Austria $6.0M - [*A* **Authenteq**](https://millionrounds.com/company/authenteq) Iceland $5.0M ### Series B 3 startups · $139M raised - [**Korbit**](https://millionrounds.com/company/korbit) Korbit is South Korea's first cryptocurrency exchange, established in July 2013. South Korea $79M - [**Cryptio**](https://millionrounds.com/company/cryptio) Enterprise-grade back office software for digital assets France $45M - [**Coinplug**](https://millionrounds.com/company/coinplug) Coinplug is a Korean blockchain developing company founded in 2013 with over 300 blockchain patents in multiple fields. South Korea $15M **How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names Draper Associates as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Sector portfolio **Draper Associates' AI portfolio** 41 startups · $2.5B](https://millionrounds.com/portfolio-maps/draper-associates-ai-portfolio)[Sector portfolio **Draper Associates' Fintech portfolio** 21 startups · $2.5B](https://millionrounds.com/portfolio-maps/draper-associates-fintech-portfolio)[Sector portfolio **Draper Associates' Aerospace & Space portfolio** 15 startups · $363M](https://millionrounds.com/portfolio-maps/draper-associates-aerospace-space-portfolio)[Sector portfolio **Draper Associates' Biotech portfolio** 13 startups · $1.3B](https://millionrounds.com/portfolio-maps/draper-associates-biotech-portfolio)[Sector portfolio **Draper Associates' IT Services portfolio** 12 startups · $33M](https://millionrounds.com/portfolio-maps/draper-associates-it-services-portfolio)[Co-investors **Who invests with Draper Associates** 183 co-investors](https://millionrounds.com/portfolio-maps/draper-associates-co-investors) ## Raising from investors like Draper Associates? 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