Cake DeFi, a transparent, regulated global fintech platform known for innovation, has launched Cake DeFi Ventures, a $100 million venture arm dedicated to accelerating the growth of technology companies in gaming, Web3, and fintech, according to a company press release.
$1B+ in customer assets
Managing more than $1 billion in customer assets, Cake DeFi serves a user base of over half a million registered members, helping them generate returns from digital asset investments through a suite of DeFi products and services.
Targeted investments in tech startups
Cake DeFi Ventures (CDV) will focus on early- and growth-stage technology startups across the metaverse, NFT marketplaces, Web3 infrastructure, gaming, fintech, and esports. CDV seeks investment opportunities globally, prioritizing ventures that align with Cake DeFi’s strategic vision and that can contribute to the broader blockchain ecosystem.
Comprehensive support for portfolio companies
Startups that join the CDV portfolio will gain access to Cake DeFi’s resources, product integrations, industry network, and customer base. Portfolio companies will benefit from operational guidance, market access, and technical support drawn from Cake DeFi’s experience in blockchain services and digital-asset products.
Hands-on expertise will be provided by Cake DeFi executives, including cofounders Dr. Julian Hosp (CEO) and U-Zyn Chua (CTO), who will help steer strategic initiatives and product synergies.
Experienced leadership
Dr. Julian Hosp is a prominent voice in the crypto and blockchain space, with global influence across multiple channels and a community exceeding one million followers. His experience as an entrepreneur and educator in the industry informs Cake DeFi’s strategic direction.
Technical depth and product vision
Co-founder and CTO U-Zyn Chua is a seasoned blockchain engineer, investor, and advocate for decentralized systems. His technical leadership and focus on cryptography and decentralized design have shaped Cake DeFi’s engineering and research efforts.
Together, Dr. Hosp and U-Zyn founded Cake DeFi in Singapore to build a leading investment platform that leverages DeFi and innovative alternative assets, aiming to broaden access to blockchain-based financial products.
Julian Hosp, Cofounder and Chief Executive Officer of Cake DeFi, commented:
By launching Cake DeFi Ventures, we aim to expand the reach of cryptocurrency and blockchain technology worldwide. As one of Singapore’s and Southeast Asia’s fastest-growing platforms, Cake will support our portfolio projects in scaling their businesses globally.
U-Zyn Chua, Cofounder and Chief Technology Officer of Cake DeFi, added:
With multi-chain support and a growing R&D capability in cryptography and deep tech, investing in companies that create synergies with Cake DeFi’s core business will strengthen our Web3 offerings and accelerate product innovation.