Ascensive Assets is an early-stage venture fund that invests in ambitious founders building the next generation of blockchain-enabled technology, with a focus on open finance, self-sovereign data, and Web3 gaming. The Seoul-based firm was founded by former professional poker players and raised a $130 million second fund dedicated to decentralized finance (DeFi) bets.
Their most common stage is seed (41% of deals). Average disclosed round size is $4.2M (across 22 rounds with reported amounts).
Portfolio
20
Fund Size
$130M
Top Stage
Seed
Last 12 Mo
0
Team
BM
Ben Middleton
Managing Partner
OB
Oliver Blakey
Managing Partner
AM
Alex Miningham
General Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
22 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 EthosX | Unknown | $1.8M | Dec 2023 |
 zkLink | Unknown | $8.5M | Jan 2023 |
| EthosX | Unknown | $1.8M | Jan 2023 |
 MetaMundo | Seed | $2.7M | Jan 2023 |
 MetaverseGo | Seed | $4.2M | Aug 2022 |
 zkLend | Seed | $5M | Mar 2022 |
| EExotic Market | Unknown | $5M | Jan 2022 |
| AAmbire Wallet | Unknown | $2.5M | Dec 2021 |
 OP Games | Seed | $8.6M | Oct 2021 |
| CCryption Network | Unknown | $1.1M | May 2021 |
 BenQi | Seed | $6M | Apr 2021 |
| CCryption Network | Unknown | $1.1M | Jan 2021 |
 Yield Guild Games | Series A | $4.6M | — |
| YYield Guild | Series A | $4M | — |
| BBAYZ | Seed | $4M | — |
 Rysk | Pre-Seed | $1.4M | — |
 Exotic Markets | Unknown | $5M | — |
 MixMob | Seed | $7M | — |
| JJambb | Seed | $3.5M | — |
 Snackclub | Seed | $9M | — |
 Exotic | Unknown | $5M | — |
 Rysk Finance | Pre-Seed | $1.4M | — |
Top Co-Investors
Animoca Brands7 shared
Mechanism Capital6 shared
Arrington Capital4 shared
SkyVision Capital4 shared
SevenX Ventures3 shared
ParaFi Capital3 shared
BITKRAFT Ventures3 shared
Delphi Digital3 shared
CMS Holdings3 shared
Multicoin Capital3 shared
Paradigm3 shared
Dragonfly2 shared
Polygon Studios2 shared
Republic Crypto2 shared
IDEO CoLab Ventures2 shared
A.Capital Ventures2 shared
Franklin Templeton2 shared
Y Combinator2 shared
Yield Guild Games2 shared
Yunt Capital2 shared
Last updated: 9 September 2026