David

Co-founder and Managing Partner at Proxima. Managing portfolio at Kronos Ventures. Ex. Lone Star Funds, BofA
@proxima_xyz

[MY Blockchain Week @MalaysiaBCW]

AI agents in finance sound powerful but the harder question is how much control institutions are willing to give them.

At the DFNS Institutional Stage, Douglas Hsu (@0xDougie) from CMT Digital (@CMT_Digital), Josh Lee (@equanimist) from ShardLab (@0xShardLab), and David Cai (@SingularityMemo) from Proxima Investments (@proxima_xyz) joined moderator Frederick Tan (@Biskitcoin) from The Block (@TheBlockCo) for the panel:

“Agentic AI in Financial Services: Promise vs Control”

A discussion on how agentic AI could reshape financial services, from investment workflows and automation to governance, risk, and the controls institutions need before adoption can scale.

[Sam Green @0xsamgreen]

I'm excited to share that Cambrian has raised $11.9M to build the financial intelligence layer for the convergence of AI, digital assets, and traditional finance.

Our seed round was led by @Polychain and Franklin Templeton @FTDA_US: a convergence itself of a top OG digital assets fund and a $1.7T institutional asset manager of 75+ years.

As AI starts to consume more data in minutes than most humans do in lifetimes, finance is evolving to adapt to this reality ⤵️

[fomo @fomo]

We have raised a $75M Series B from @IndexVentures and @usv, with continued support from @benchmark!

[fomo @fomo]

Perpetuals are now live on fomo, powered by @HyperliquidX and @tradexyz.

Equity, pre-IPO, crypto, indices, and commodities perps, all from one app.

See you on the leaderboard. Trade perps on fomo today.

[fomo @fomo]

fomo web is live

same identity. same positions. now on the big screen.

the whole web is watching 🌎

[David @SingularityMemo]

We are proud of our roots.
We will continue to collaborate closely with our friends at @KronosResearch, sharing insights and co-investing where it drives value for founders.
We are ready for the next chapter.

https://t.co/1wzNLZg5Mp
@proxima_xyz
https://t.co/2DLEj05dH4

[David @SingularityMemo]

After years of building as Kronos Ventures, we are spinning out as an independent firm: Proxima.
Same core team. Broader mandate. New possibilities.
Here is what’s changing (and what isn’t).

[David @SingularityMemo]

The market is maturing, and so is our thesis. We are expanding beyond pure crypto VC to target the intersection of Crypto and AI, alongside high-conviction secondary strategies.

We are also bridging TradFi and Web3 through a new advisory arm, helping founders navigate equity and token capital formation while connecting them to vital liquidity.

[Proxima @proxima_xyz]

We are pleased to share that we are rebranding from Kronos Ventures to Proxima. Our time operating as Kronos Ventures allowed us to work with exceptional founders and to receive meaningful support from the broader Kronos Research organisation.

https://t.co/5lAMNeOwPe

[Paul @paulerlanger]

Monad is LIVE on fomo!

We’re proud to welcome the Monad ecosystem to fomo, and to introduce the fomo traders to Monad.

To celebrate, we’re giving fomo power users a $MON reward claimed directly within fomo.

fomo power users and active traders can now claim MON natively inside the app on their profiles. For many of our users, this will be their first onchain reward.

This is the future we believe in: a world where you can discover a new chain, trade across ecosystems, and earn rewards without ever leaving fomo.

We’re only getting started. Our goal is to continue to redefine onchain UX and create the best trading experience for all. If you haven't tried fomo join us while it’s still early!