Hutt Capital

Blockchain Venture Capital Secondaries Firm

[winnie @winnielaux]

it's always a pleasure to chat with our own backers and folks who believe in @strobefund. it's refreshing to hear their take on where allocators are spending time, esp in the context of less capital going to early-stage, emerging managers .

as such, i loved moderating our asset allocation panel with @bhpollack (@HuttCap), Leopoldo Ochoa (Theta), and Anand Radhakrishnan (Collective Global).

[Strobe Ventures @strobefund]

Last week, we hosted the Strobe Summit in the Catskills.

50+ leaders across digital assets, tradfi, fintech and AI from our portfolio, LP and partner network joined us for two days away from the city.

Between panels and group discussions, plus hikes, hatchet throwing, a @BAXUSco whiskey tasting and s'mores by the campfire, we went deep on policy, macro, the shifting capital allocation landscape, frontier AI and where it meets finance.

Thank you to our incredible speakers, including @giancarloMKTS (former @CFTC Chairman), Cynthia Lo Bessette (@Fidelity), Joe Medioli (@MorganStanley), Nick Cherney (@JHIAdvisors), @itsbhaji (@centrifuge), @Ishanee (@Architect_Fi), Leopoldo Ochoa (Theta Capital),@bhpollack (@HuttCap) and Anand Radhakrishnan (Collective Global), and to everyone who made the trip to unplug with us.

We are excited to continue focusing on the convergence of digital assets, fintech, tradfi and AI.

[Grass @grass]

https://t.co/xugV27N59T

[Josh Payne @joshpxyne]

The internet is dead. We’ve raised $35M total funding led by Khosla and Hanabi to bring it to life.

@coframe is a growth engine for your website/ads/more which tests, personalizes, & learns 24/7.

It’s working. Dropbox increased conversion by 158%. Replit, 410%. Cash App, 60%.

[Alliance @alliance]

The Founders of ALL18 Demo Day https://t.co/6h34lX7PlK

[Phylax Systems @phylaxsystems]

Today, 1 in 2 Ethereum blocks will be protected.

With Phylax, apps can set circuit breakers that Titan Builder enforces at block construction, excluding transactions that violate app-defined rules before settlement.

It's a simple idea: hacks should not settle.

[Securitize @Securitize]

We have entered into a definitive agreement to acquire @RiverOneHQ, an institutional asset-backed financing platform.

Founded in 2025, River One specializes in warehouse financing backed by portfolios of income-generating assets, including small business loans and receivables.

[Plural @PluralEnergy]

Alaska and Plural just launched InvestNorth, a new platform for financing infrastructure in Alaska.

Bloomberg (@business) has the exclusive: https://t.co/s8qwf6kBLZ

(Third-party reporting; statements and figures are Bloomberg’s own.)

Securities offered through Plural Brokerage LLC, member FINRA/SIPC.

[Carlos Domingo @carlosdomingo]

Q3 was Securitize's first quarter as a public company. We hit a record $5.0B in average tokenized assets, up 39% YoY and revenue grew 29% from previous quarter to $18.6M, our second highest revenue ever and had a record first 9 months revenue. $SECZ

[The Block @TheBlockCo]

THE BLOCK: Securitize has agreed to acquire River One, an institutional asset-backed financing platform that connects stablecoin capital with traditional lending markets. Financial terms were not disclosed.

The acquisition will add asset-backed lending and warehouse financing capabilities to Securitize's tokenization platform. The deal is expected to close by the end of this year.

[Chris Maurice⚜️ @chrismaurice]

A big milestone for Yellow Card.

We’ve acquired GoMoney in Brazil, marking our direct entry into Latin America’s largest crypto market!

A huge thank you to the team that made this happen, and welcome to our new colleagues.

We’re just getting started🚀

[The Block @TheBlockCo]

NEW: Blockchain security firm Blockaid has secured $40 million in funding commitments in the wake of the $6.3 billion Binance hack, Axios reported.

Blockaid previously raised $50 million in its Series B round led by Ribbit Capital in February 2025.

[Carlos Domingo @carlosdomingo]

We keep building and today we added 13 new tickers to Securitize Stocks bringing the total to 25, we walk before we run so we are incrementally adding names and scaling our trading infrastructure to make sure the trading experience is good and pricing is accurate (this is US regulated trading so we have pricing obligations to meet). #TokenizationDoneRight

[Tommy @Shaughnessy119]

New Delphi Podcast with Alex Wilson (@AlexWilsonTGB), co-founder of Cyclops and The Giving Block

He sold The Giving Block to Shift4 a year after raising. Now he's building stablecoin rails for payments companies

Shift4 is a customer and an investor. Out of stealth in March, Series A in July, more than 10 customers this year when they hoped for 3

His take: most of the world's 200 currencies won't make it. Fewer than 25 left in five to ten years

00:00 Intro
04:39 The Door-to-Door eBay Hustle
15:59 The $50M Anonymous Donation
17:41 Beating Coinbase by Going Narrow
19:55 Sold to Shift4 a Year Later
25:23 From Shift4 to NASA
27:31 Lessons From Jared
29:33 Hiring to Scare People Away
31:08 Why Start Cyclops
36:22 A Ticket to Space in Stablecoins
37:54 Who Stablecoins Cut Out
40:15 Agents Need New Checkouts
43:04 200 Currencies Down to 25
46:12 Seed to Series A in a Year
49:38 Swinging for a $10B Exit

Full episode

[LO:TECH @lo_tech]

LO:TECH has raised $12m in a Series A led by @MMC_Ventures, with @FactionVC, @13bookscapital and @atkaincubator

This funds our expansion into the US and Asia-Pacific, starting with New York and Singapore, and our execution services, which launch today.

https://t.co/LR2qxkzShV

[Rip Cars @ripcars]

We’re excited to announce that Rip Cars has closed its $1.5M strategic round, backed by an incredible group of investors:

@dba_xyz, @Colosseum, @KyleSamani, @Novora_, @Allinbitcoin_, @Sacha, and Erik C.

This round brings us one step closer to building the world’s largest marketplace for collectible Hot Wheels.

[Stan Druckenmiller @standuquesne]

I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States. As a market participant, I am looking forward to to using their innovative product to enhance my investment process.

[jeff.hl @chameleon_jeff]

Growing up in the United States, NYSE was synonymous with the story of American capitalism. I vividly remember learning about the Buttonwood agreement in 9th grade history class. 24 stockbrokers met under a tree on Wall Street and formed the beginning of what would become the world's financial center. From pits to computers to now onchain markets, America has always led the way in innovating markets to improve price discovery and capital formation. Today the next chapter begins with ICE, trade[XYZ], and Hyperliquid.

ICE started as an electricity-trading platform in 2000, growing to acquire NYSE itself in only 13 years. It is a key infrastructure provider of America’s energy, bond, and mortgage markets. ICE is a rare story of exponential growth of a financial giant over decades, continually embracing innovation and technology.

trade[XYZ] was the first HIP-3 deployer and responsible for spearheading the flourishing global RWA perpetual market today. Only a year ago, trade[XYZ] launched its first RWA perpetual markets. They took a bet on HIP-3, which had just launched after months of tireless development. Having followed their journey from day 1, I cannot overstate how much Shoku and the team have poured into growing these markets to a genuine source of price discovery for the most important assets in the world.

Over the past three years, Hyperliquid has pioneered onchain infrastructure to house all of finance. Hyperliquid is nothing without its world-class builders. I am honored that trade[XYZ] and ICE have chosen to build on Hyperliquid to bring perpetual contracts to America.

When I first spoke to Jeff Sprecher around a year ago, he asked what success looks like to me. I thought for some time and joked that it would be seeing ICE building on Hyperliquid's technology. I could never have predicted the progress that we've made as a community in a single year to make this come true. Excited to see what we can build together next.

[David | www.usd.ai @0xZergs]

Since launching in August 2025, @USDai_Official has received more than 700 financing requests from GPU cloud operators, representing $26.5B of financing demand. About $8.7B of that is actively progressing across various stage

Most of this demand comes from the Compute Middle Market ($10m to $300m sizes), the operators building AI capacity between startups and hyperscalers. These operators have signed customer contracts and hardware on order. They need financing sized to their deals, and conventional credit, built one bespoke facility at a time, was never set up to provide it at this volume.

@USDai_Official was built for these operators, with one standard facility structure, underwriting through Compute IQ that scores every deal on the same evidence, and institutional capital on the other side through GLX.

[Wyatt Khosrowshahi @wyatt_khos]

Couldn't be more excited 1) to continue working with this team and 2) that it now includes more exceptional builders of onchain capital formation including @omgcorn

Stewards of making the most efficient capital markets legible for the broader world

https://t.co/4axHVsUXA1