We acquire, operate, and rebuild.
We back founders early and acquire dormant projects to give proven ideas a second life. Fewer bets, deeper conviction, capital that stays in the room.
One firm, two entry points.
We work both ends of a network's life: the first line of code, and the moment a good project loses momentum.
Early Conviction
We lead and co-lead early rounds for crypto-native founders building infrastructure and protocols with real usage. A concentrated book means we actually show up.
Acquire & Revive
Markets leave good projects behind. We acquire stalled protocols and relaunch them with fresh capital and active stewardship. For founders, a clean exit.
Focus Areas
We invest where we have an edge. Ecosystems and categories we trade, use, and understand from the inside.
Core infrastructure
Execution layers, data availability, oracles, and the plumbing every onchain application depends on.
DeFi & trading systems
Perps, spot venues, structured products, and protocols where volume and fees are measurable from day one.
Consumer & community networks
Products that bring real users onchain, with token models that reward participation rather than extraction.
From first call to relaunch
We keep the process short and honest. Most founders know within two weeks whether we're the right partner.
Conversation
A direct call with one of our partners. You'll hear a genuine response quickly. Most founders know within two weeks whether we're the right fit. No committees, no long chains.
Diligence
We dig into the code, the treasury, the community and the cap table. We do the work ourselves and we move fast. No outsourced analysts, no boilerplate checklists.
Structure
Token purchase, equity, or a blend. We shape terms around what the project actually needs, not a template. The deal structure exists to serve the network, not the other way around.
Build or revive
Capital lands and the real work starts. We stay involved through launch, listing and the cycles that follow. Skin in the game means we're still at the table when markets move.
A small team, deeply aligned
Everyone at Valken invests their own capital alongside the firm. We trade the same markets we invest in, every day.
Lee
General Partner
Leads sourcing and deal execution across both tracks. Years inside crypto markets as a trader and operator. Runs point on every acquisition conversation the firm takes on.
Ethan
Partner, Operations
Owns post-deal execution: relaunch planning, growth systems, and the operational rebuild that turns an acquired protocol back into a shipping team.
Research Desk
Markets & Diligence
Our in-house desk covers onchain data, token flows, and ecosystem mapping. Every deal memo starts here before a partner ever picks up the phone.
How we operate
Concentration over coverage
A handful of positions we know deeply beats a hundred we can't name. Every deal gets a partner, not a portfolio slot.
Crypto-native by default
We hold tokens, run nodes, and use the products we back. Our diligence happens onchain before it happens in a data room.
Founders exit with dignity
Selling a project you built is hard. We keep acquisition conversations private, fair, and fast. Terms that respect what came before.
Patience through cycles
We size positions to hold through drawdowns. Networks take years to compound and our capital is structured to wait.
Tell us about your project.
Raising early or exploring an exit. This is the fastest way to reach a partner. The more context you give us, the quicker we can come back with a real answer.
dealflow@valken.capitalReplies within 48 hours · Conversations stay privateSend us a message→