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 (42% of deals). Average disclosed round size is $4.4M (across 25 rounds with reported amounts).
Portfolio
24
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
26 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 |
 MixMob | Seed | $7M | Jan 2022 |
| EExotic Market | Unknown | $5M | Jan 2022 |
 Itheum | Unknown | $1.5M | Jan 2022 |
| AAmbire Wallet | Unknown | $2.5M | Dec 2021 |
 OP Games | Seed | $8.6M | Oct 2021 |
 SolRazr | Seed | $1.5M | Sep 2021 |
| YYield Guild Games (YGG) | Series A | $13.8M | Jun 2021 |
| CCryption Network | Unknown | $1.1M | May 2021 |
 Benqi | Seed | $6M | Apr 2021 |
| CCryption Network | Unknown | $1.1M | Jan 2021 |
 Bware | Seed | — | 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 | — |
| JJambb | Seed | $3.5M | — |
 Snackclub | Seed | $9M | — |
 Exotic | Unknown | $5M | — |
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Top Co-Investors
Mechanism Capital8 shared
Animoca Brands8 shared
Morningstar5 shared
Arrington Capital4 shared
SevenX Ventures4 shared
ParaFi Capital4 shared
CMS Holdings4 shared
SkyVision Capital4 shared
IDEO CoLab Ventures3 shared
BITKRAFT Ventures3 shared
A.Capital Ventures3 shared
Delphi Digital3 shared
Multicoin Capital3 shared
Paradigm3 shared
Solana Ventures3 shared
Genblock Capital3 shared
The Spartan Group2 shared
Dragonfly2 shared
Polygon Studios2 shared
Republic Crypto2 shared
Last updated: 20 October 2026