Exchanges, marketplaces and prediction markets are a real part of what Daxos invests in. The partners come from trading, markets and poker, so this space is in our DNA.

We write $100,000 to $500,000 pre-seed and seed checks and typically co-invest alongside a lead. Here is what we look at.

• Spot, perpetuals and on-chain trading venues. Order-book and matching-engine startups. Centralized and decentralized exchanges, for crypto and for other assets.

• Marketplaces for digital assets and real-world assets, and staking and backing marketplaces for traders, bettors and poker players.

• Event-contract and prediction-market platforms, and the analytics and data tools built over them.

• Gamified sports betting that operators can plug in, and the software behind betting products rather than the book itself.

• The simulated-capital, pay-to-prove-edge model, ported from trading to sports and prediction markets. We prefer models with no entrusted customer funds.

• New categories such as KPI futures, and token-launch platforms where real users show up.

A few of the companies in our portfolio that sit here:

• Vest Markets, a decentralized exchange for zero-fee trading of crypto and equities.
• Pear Protocol, which lets traders go long one token and short another in a single trade.
• Worm, which lets anyone create and trade prediction markets on Solana.
• pump.fun, a platform where anyone can launch and trade a token in one click.

See the full portfolio.

Building an exchange, a marketplace, a prediction market, sports-betting software or a prop firm? Pitch us directly, no warm intro needed, at daxos.capital/apply. If there is interest, you hear back within 72 hours. See the full list of what we invest in.