Catenaa, Monday, June 09, 2025- Metalayer Ventures, a venture firm founded by former leaders from Two Sigma and Chainlink Labs, has closed a $25 million fund to invest in startups building the foundational infrastructure for the emerging onchain economy.
Metalayer Fund I targets early-stage companies bridging traditional finance with blockchain applications. Focus areas include capital markets infrastructure, stablecoin-based payment systems and platforms that tokenize real-world assets.
The fund plans to back roughly 30 startups with investments ranging from $500,000 to $1 million.
The firm has already deployed capital into projects such as AnchorZero, Crossover Markets, ClearToken, Ethena, Station70, and Theo. An undisclosed stablecoin infrastructure initiative is also part of the portfolio.
Metalayer positions itself as a strategic backer for companies poised to accelerate the integration of Web3 tools into mainstream finance.
Metalayer uses an in-house data analytics platform called Moirai to guide its investment decisions.
David Winton, a former Two Sigma vice president and Metalayer co-founder, said the tool allows the firm to evaluate blockchain activity and developer traction not visible through standard due diligence.
Joining Winton are co-founders Andy Kangpan, who led digital asset investments at Two Sigma Ventures, and Mickey Graham, previously head of growth at Chainlink Labs. The trio raised the fund with backing from Two Sigma’s founder and other executives.
The fund’s launch underscores growing institutional interest in blockchain’s financial infrastructure potential as the onchain economy matures and regulatory clarity improves.
