Moonhill Capital

Seeding the future of Web3

[RWAI @RWAI_Delivery]

🚀 RWAI Secures $8M in Funding!

We're excited to announce the backing of 10 investors:

@ambergroup_io, UOB Venture · @ark_stream · @Web3Labs_Club · @waterdripfund · @moonhillcap · @BasicsCapital · @Anti__Capital · @EverwoodCapital · Solarium Investment · and more!🤝

Together, we're building the future of AI-powered manufacturing and Web3 connecting digital ideas with real-world products. 👕⚡

And this is just the beginning. 💰 Stay tuned for more investment updates!

🎁 A community airdrop is also on the way!

Join our official Telegram community for updates. 👀

👉 https://t.co/n2EiYAKDNo

#RWAI #AI #RWA #Web3

[Moonhill Capital @moonhillcap]

We are starting in few hours…

[Inspira Labs🧪 @InspiraLabsHQ]

24 hours until 10X Founders Demo Day v2.0 🚨

If you've been following the finalist and judge reveals, this is where it all comes together - LIVE on X

August 25, 1:00 pm UTC. 8 finalists, 8 VC judges, $150K+ prize pool, one stage

Block your calendar now, tomorrow's a big day!

[Moonhill Capital @moonhillcap]

Joining the mission 🫡

[Dow Protocol @DowProtocol]

We are thrilled to announce Dow Protocol’s $10.5 Million Seed Round, backed by @mhventures, @Maple_block, @ArcaneGrp, @moonhillcap, @HSKChain, Essentia Partners, and Quartet Group.

Dow Protocol builds the novel PayFi RWA structure for e-commerce working capital to reach merchants within fractions of a second.

E-commerce merchants typically wait 14–28 days for platforms to pay out their sales. Dow Protocol’s asset servicers close that gap by funding merchants early against their pending platform receivables and credit risk data.

The repayment and risk systems are integrated natively into the world’s largest e-commerce platforms. Funds are deducted automatically from merchants’ platform balances, ensuring world-leading repayment discipline.

With instant cross-border settlement and risk analysis built on platform-integrated data, funds reach merchants as fast as same day. Traditional financing takes 2-3 months.

Time is money in this $2.8 trillion working capital market, and merchants are willing to pay premium interest for fast and flexible funding.

The future of finance originates on-chain. Working capital will be among the first sectors to move, because programmable on-chain loan terms cut through the default handling and accounting complexity that burdens traditional lending.

[Inspira Labs🧪 @InspiraLabsHQ]

Meet @xrendolf, CEO at @moonhillcap, joining 10X Founders Demo Day as a VC judge

René brings 18 years of management leadership across multinational giants like Red Bull and Unilever, alongside more than a decade as both an entrepreneur and crypto investor. As CEO of Moonhill Capital, he manages day-to-day operations, strategic growth and fund direction

With an extensive network built through ten years in Web3 and hosting his own crypto podcast, he combines corporate operational rigor with deep ecosystem connections

Corporate scaling expertise meets 10+ years of Web3 founder and investor reps - expect him to evaluate your operational execution and growth plan as rigorously as your pitch

10X Founders Demo Day v2.0 · August 25
🔗 Apply now: https://t.co/hUFhHdVZQf

[Accountable @AccountableData]

The k3 x Galaxy Lending Vault is now live on YieldApp.

@k3_capital manages an onchain credit facility lending to @galaxyhq, with AUSD from @withAUSD on @monad.

Capital flows are independently verified by Accountable's Data Verification Network.

[Wojtek Pawlowski @WojtekP]

Today we’re proud to announce @AccountableData’s $7.5M fundraise, led by @PanteraCapital with @OKX_Ventures, @OnigiriVC, @kpk_io, and @Auros_global joining us.
A very short 🧵

[Wojtek Pawlowski @WojtekP]

Friday’s market shock highlighted a structural weakness across digital finance: no one has real-time visibility into solvency. Here's a quick POV from the trenches, building infrastructure to solve this in a comprehensive way and hopefully soon set a new industry standard:

Protocols, oracles and risk systems all operate on delayed or assumed data about who holds what and who owes what. When prices dislocate, that lack of visibility turns volatility into systemic risk.

The problem isn’t the technology that moves assets btw - it’s the data that describes them. Current oracles quote market prices but cannot verify what those prices are backed by. For asset-backed tokens like stablecoins, RWAs, and liquid-staking assets, value depends on reserves, counterparties and redemption mechanics - details that price feeds don’t capture. So as a result, markets can react to noise while staying blind to real exposures.

What’s needed is continuous verification of financial truth = assets and liabilities proven cryptographically as they change.

Proof-of-Reserves was the first step in that direction, showing that assets exist and can be verified on-chain. But solvency depends on more than assets; it depends on obligations.

So what PoR should evolve into is Proof of Solvency, a model that extends to the full balance sheet, confirming that what’s held exceeds what’s owed and doing so in real time.

This shift matters A LOT because it turns solvency from an assumption into a verifiable data stream. Oracles can reference proven balance-sheet facts, risk engines can adjust exposure dynamically and auditors or regulators can see integrity without pausing the system.

That’s the direction @AccountableData is building toward: continuous verification as infrastructure. When markets can rely on live, verifiable solvency data instead of static disclosures, stability stops being a matter of luck or timing and becomes a property of the system itself.

Volatility will always be part of markets. But not being able to see what’s real doesn’t have to be 🤝

[Moonhill Capital @moonhillcap]

Great founder, 5M users, 26K+ agents, 10M+ queries in 6 mo.
We backed @assisterr super early because they’re building AI infra that actually ships.
$ASRR goes live today on top-tier exchanges - Bybit, Binance Alpha, KuCoin.
Solana-native. No-code. Real adoption.
Used by teams like Metis, Wormhole, 0G Labs, and Sui.

[Moonhill Capital @moonhillcap]

#Token2049 Dubai 2025 Recap 🇦🇪

Token 2049 in Dubai managed to gather the most important people in Web3, sold out, and confirmed its significance. With over 700 side events, it was impossible to cover everything - we mainly focused on in-person meetings, so our feedback is definitely biased.

> Proper mixture of retail people with institutions creates a feeling of solid interest for the industry
> AI overtake - @0G_labs is present everywhere
> RWA follows - Plume gets recognition
> While interviewed, constantly getting questions about what will be hyped in the next 6 months
> Institutional capital flooding into bitcoin, stablecoins, and trading
> Market matures and has become a trader’s market
> Some VCs still allocating despite no real visible innovations or solid problem solutions
> A lot of VCs under water
> Majority of funds have been doing a lot of OTC deal

Full breakdown here: https://t.co/nuJS9P8iCV

[Nick Havryliak @nick_havryliak]

Today, we are pleased to announce that @assisterr have been selected to receive funding from the @GoogleStartups USF

Each startup in our cohort will receive funding as well as ongoing @Google mentorship and product support.

Learn more →
https://t.co/Z1qRYugjr2

[Moonhill Capital @moonhillcap]

@nick_havryliak @assisterr @GoogleStartups @Google Great success :)

[Binance @binance]

We’re pleased to announce Puffer (PUFFER) has been featured on Binance Alpha, and 362 PUFFER tokens have been airdropped to each eligible Binance user who has at least 186 Alpha Points.

In addition, a lucky airdrop of 362 PUFFER tokens has been distributed to all users whose Alpha Points are between 147 and 185 (inclusive) and their Binance UIDs end in 5.

[Turtle @turtledotxyz]

Turtle Club has raised a $6.2M seed round to pioneer DeFi’s first-ever Liquidity Distribution Protocol.

[Moonhill Capital @moonhillcap]

Moonhill Capital is headed to #TOKEN2049 Dubai !

We’re looking forward to connecting with the sharpest minds in crypto - founders, builders, and investors. Catch us at these key side events throughout the week.

> Bybit demo day: https://t.co/gMBCybeXCF
> Sky Lounge by ATP, Kraken & ABEX: https://t.co/UTuJxjByf1
> STXN Investor VIP Dinner w. Tane Labs & HackVC https://t.co/lV7o3Eu6HK

Attending @token2049? Let’s connect — shoot us a DM or come say hi at the events! Big week ahead.

[Moonhill Capital @moonhillcap]

#Web3Festival Hong Kong 2025 Recap 🇭🇰

This year's festival had a quieter atmosphere, sparking deeper, more meaningful conversations. Despite market conditions and the holidays, retail turnout was strong, with solid institutional presence.

TL;DR: Capital is flowing into projects creating real-world value. Retail energy + institutional conviction = a promising future for RWAs, AI, and payments.

Key Highlights:

> Retail Energy: Focus shifted from pitches to product-driven discussions.
> Institutional Interest: @Ambergroup_io, Black Pine, @Blackrock, and @UBS align with real-world trends.
> Key Topics: RWAs, stablecoins, DeSci, payments, and AI were top of mind.
> @trondao & @Ethereum: Tron’s presence in Asia and Ethereum’s continued relevance with Vitalik stood

Strategic Insight:

> Focus on real-world adoption, particularly in payments, with a strong emphasis on practical applications.
> Institutions prefer tangible products over speculative tech and showing confidence in Ethereum's long-term potential

Full breakdown here: https://t.co/NHX3AsLzbF

[Moonhill Capital @moonhillcap]

Meet our GP, @xrendolf in Dubai. He will be speaking at the Tokenized Capital Summit during #TOKEN2049 on April 29.

Expect sharp insights and fresh alpha — catch him there! @GammaPrime_Fi

[Gate Ventures @gate_ventures]

https://t.co/K8sXcvf8D8

[Moonhill Capital @moonhillcap]

Moonhill Capital is heading to #Web3Festival Hong Kong (April 5-13)!

We look forward to connecting with visionary founders, investors, and industry leaders. You can meet us at these key side events:

> 8/4 Liquidity by @LTP_primebroker: https://t.co/x2ivWbC8el
> 9/4 Crypto Forum by @ambergroup_io: https://t.co/lmIGw6r5gJ
> 10/4 ETH Asia: https://t.co/qAgMe00ksz

If you're attending @festival_web3, let’s connect! Send us a DM or meet us at these events

[Moonhill Capital @moonhillcap]

#ethdenver 2025 was smaller, quieter, and heavily focused on builders. Some founders showed up, but many just stayed home. Now that the dust has settled, here’s what actually mattered:

> Smaller crowd, lighter energy—many builders didn’t show up.
> ETH underperformance is obvious—most builders are bearish and don't hide it
> Restaking fatigue— Babylon & BTC restaking gets attention but feel forced.
> Berachain dominates—the hype machine is working
> Crypto x AI is the new norm—most projects are still early.
> Mantle stood out quietly – @sozuhaus had strong vibes, and their treasury is being run like a real business
> Too many side events – Many were half-full, and others were overcrowded. Scheduling was chaotic.
> Cosmos losing teams to Ethereum/Solana .
> Marketing agencies everywhere, but only a few deliver.
> Teams want users, not just capital—frustration with adoption grows.
> Clear communication is rare—many projects still can’t explain what they do
> Hyperlane gaining traction over Layer Zero —interoperability preferences shift.

The bigger picture:
There’s too much noise, and not enough traction. People are tired of recycled narratives, and restaking isn’t moving the needle anymore. Attention still matters (Berachain proves that), but hype alone isn’t enough. AI is here to stay, but only real usage will separate winners from buzzwords.

For the full breakdown, read our full report here: https://t.co/tQl1HZotdg

ALPHA tip: innovations are coming from @OnePieceLabs on the pic, where @xrendolf had a chat with @sosovalue & @itplaysout, worth watching OPL !

[Moonhill Capital @moonhillcap]

Moonhill Capital hit Consensus HK 2025 — plenty of capital, but conviction is missing.

Key Takeaways:

> AI – Serious interest in human-like AI and digital ID projects
> DePIN, RWA, stablecoins – Strong plays, attracting real capital
> BTC L2s – Back on the rise, institutional money flowing in
> Sentiment – Surprisingly bullish despite ETH and alts underperforming
> Aptos – Moving away from retail, building ties with governments

Challenges & Gaps:

> Retail is missing – Old retail got smarter, new retail isn’t showing up
> Restaking and shared security – Awareness is low across the board
> AVS confusion – Teams still don’t know if they should decentralize

Full breakdown of what’s happening behind the scenes: https://t.co/GcjtIhO9w2