NAUT tracks 117 project and platform companies in the LD Capital portfolio, across 120 funding rounds dated between August 2019 and July 2024, counted on 14 November 2026. The largest backings on NAUT's record include Babylon, Boba Network and Gari Network, 51 of the 117 companies have a token, and the average round is $6.7M.
Data note. Counted on 14 November 2026 from NAUT's own database: every round record where NAUT lists LD Capital as a backer, on its live investor row. An archived duplicate row was merged into that one and is left out. The live row holds 121 round records; 1 of them sits at Good Games Guild, which NAUT types as an investor, so this page counts the other 120 records at 117 companies. 3 companies carry 2 records each: Babylon, Cookie3 and Push Protocol. Babylon's 2 records are both $70M, 1 dated 30 May 2024 and 1 undated pre-launch record, so they may be 1 raise stored twice; both count in the averages here as stored.
118 of the 120 records carry an amount (Nodepay and Shyft Network do not), and 3 carry no date. The amounts are whole round sizes, since NAUT stores no LD Capital cheque size. NAUT's LD Capital page shows a stored average of $6.7M over its 121 records, the same figure to 1 decimal as the 120 counted here. A source check read press coverage for the 8 largest round records; the other 112 records were not put through that check. Sector tags overlap, so a company with 2 tags counts in both, and 22 companies carry no tag. Written by NAUT Research.
LD Capital's own X bio says it has backed more than 250 portfolio companies since 2016, so the 117 here are the ones NAUT holds a round record for.
What is in the LD Capital portfolio on NAUT?
Ranked by the number of companies carrying each sector tag, on NAUT's record:
| Sector | Firms | Rounds | Token | Avg | Median |
|---|---|---|---|---|---|
| DeFi | 26 | 28 | 14 | $11.5M | $2.7M |
| Gaming | 23 | 23 | 9 | $4.0M | $3.5M |
| Infrastructure | 16 | 19 | 12 | $18.7M | $4.2M |
| AI | 8 | 9 | 7 | $4.4M | $3.3M |
| Tools | 6 | 6 | 2 | $6.3M | $6.0M |
| DePIN | 6 | 6 | 6 | $23.0M | $3.5M |
| DEX | 6 | 6 | 2 | $2.5M | $3.0M |
| L1/2/3 | 5 | 5 | 5 | $32.2M | $11.3M |
| No sector tag | 22 | 22 | 5 | $4.6M | $3.2M |
The median round across all 118 priced records is $3.3M, and 81 of them are $5M or less. A few large rounds pull the averages up: DeFi averages $11.5M against a $2.7M median. Gaming is the steadiest group, with 23 companies and averages close to the median. As a crypto VC portfolio, these LD Capital investments are mostly early: 82 of the 120 records are dated 2021 and 24 more are dated 2022.
| Year | Round records |
|---|---|
| 2019 | 1 |
| 2020 | 3 |
| 2021 | 82 |
| 2022 | 24 |
| 2023 | 4 |
| 2024 | 3 |
| No date stored | 3 |
NAUT holds no LD Capital round record dated after 24 July 2024.
Which LD Capital portfolio rounds were the largest?
NAUT's record holds a $100M round dated 11 December 2021 under IOTA. The source check found coverage naming a separate smart-contract network in the IOTA ecosystem as the raiser (CoinDesk), so it stays out of this ranking. Ranked by round size on NAUT's record, the next 10:
| Company | Round | Amount | Date | Source |
|---|---|---|---|---|
 Babylon |
Funding Round | $70M | May 2024 |  LD Capital named |
 Boba Network |
Series A | $45M | Apr 2022 | LD Capital named |
 BitCoke |
Strategic Round | $20M | May 2022 | LD Capital named |
 Gari Network |
Funding Round | $19M | Oct 2021 | A token sale by the app behind GARI |
 Efinity |
Private Round | $18.9M | Mar 2021 | No source named LD Capital |
 Litentry |
Seed Round | $18M | Nov 2020 | No source found |
 ALETHIA AI |
Private Round | $16M | Aug 2021 | A private token sale |
 Qredo |
Private Round | $16M | Jun 2021 | Not checked |
 Flare Network |
Funding Round | $11.3M | Jun 2021 | Not checked |
 Angelic |
Funding Round | $10M | Mar 2022 | Not checked |
Of the 7 largest records checked after IOTA, 5 have LD Capital named in a cited report: Babylon, Boba Network, BitCoke, Gari Network and ALETHIA AI. For Efinity and Litentry no fetched source named LD Capital, so treat those 2 records as unconfirmed leads.
Which LD Capital portfolio companies raised most recently?
The 7 records dated 2023 or 2024, newest first. A recent backer is the warmest route into a team that may still be hiring vendors or raising again.
| Company | Round | Amount | Date | Token |
|---|---|---|---|---|
 DAOBase |
Funding Round | $6M | Jul 2024 | Yes |
 Cookie3 |
Strategic Round | $3.3M | Jun 2024 | Yes |
| Babylon |
Funding Round | $70M | May 2024 | Yes |
 Tap Protocol |
Funding Round | $4.2M | Dec 2023 | Yes |
 GAM3S |
Seed Round | $2M | Sep 2023 | Yes |
 Earn Network |
Seed Round | $2.7M | Jun 2023 | No |
 Swan Chain |
Funding Round | $3M | Jan 2023 | Yes |
Which funds invest alongside LD Capital?
Ranked by shared round records across LD Capital's 121 records on NAUT:
| Co-investor | Shared rounds |
|---|---|
 AU21 Capital |
40 |
 NGC Ventures |
30 |
 OKX Ventures |
25 |
 Digital Finance Group (DFG) |
21 |
 Momentum 6 |
20 |
 Shima Capital |
20 |
 Genblock Capital |
18 |
 Spark Digital Capital |
17 |
AU21 Capital shares 40 of LD Capital's rounds, a third of its record. A founder who already knows 1 of these 8 funds has a warm path in.
What this tells a BD team
- 66 of the 117 companies have no token on NAUT, and 51 do. That split decides who needs listing, market making or token launch help.
- 7 records are dated 2023 or 2024; start there, since the 2021 cohort of 82 is about 5 years old.
- Each company page lists its team, so the person to pitch is 1 click from the table.
- Pick the cohortStart with the 7 rounds dated 2023 or 2024, from DAOBase to Swan Chain.
- Split by token66 of the 117 companies have no token on NAUT, 51 do.
- Find the personOpen each company's NAUT page for its team and their X handles.
- Use the shared backerAU21 Capital and NGC Ventures sit on 40 and 30 of the same rounds.
What this tells a founder raising
- LD Capital's median round on NAUT's record is $3.3M, and 81 of 118 priced records are $5M or less: it shows up at seed and private stages.
- DeFi (26 companies) and Gaming (23) are its 2 biggest tags.
- Its newest record on NAUT is dated July 2024, so check its X account for current activity before you pitch.
- Check the fitDeFi holds 26 companies and Gaming 23 on NAUT's record.
- Size the askThe median round is $3.3M, and 81 of 118 priced records are $5M or less.
- Find a warm introAsk a team from the table, or 1 of the 8 co-investors, for an introduction.
- Reach the fundThe LD Capital page on NAUT lists its team.
How to reach the decision makers
Start at the LD Capital page on NAUT for the fund's team. For a portfolio company, open its NAUT page from the tables: each one lists the team, the rounds and the other funds on the cap table. Each person page says which channels NAUT has on file.
LD Capital portfolio companies, all 117
Sorted by the largest round NAUT records for each company. The token column shows the ticker where NAUT holds a launched token.
| Company | Sector | Largest | Token |
|---|---|---|---|
 IOTA |
Infrastructure | $100M (see the note above) | IOTA |
| Babylon |
Infrastructure | $70M (2 records) | BABY |
| Boba Network |
L1/2/3 | $45M | BOBA |
| BitCoke |
Privacy | $20M | No |
| Gari Network |
SocialFi | $19M | GARI |
| Efinity |
Infrastructure | $18.9M | EFI |
| Litentry |
No tag | $18M | LIT |
| ALETHIA AI |
AI | $16M | ALI |
| Qredo |
Custody | $16M | No |
| Flare Network |
L1/2/3 | $11.3M | FLR |
| Angelic |
Gaming | $10M | No |
 Pocket Network |
Tools | $9.3M | POKT |
 UniX Gaming |
No tag | $9.1M | No |
 Astra Protocol |
No tag | $9M | ASTRA |
 OP Games |
Gaming | $8.6M | No |
 DeHorizon |
Gaming | $8.5M | No |
 Portal to Bitcoin |
Infrastructure | $8.5M | PTB |
 RabbitX |
No tag | $8.5M | No |
 Blocto |
Wallet | $8M | No |
 Cassava Network |
No tag | $8M | No |
 DAO Maker |
Launchpad | $7.68M | No |
 Root Protocol |
Infrastructure | $7.5M | ISME |
 Starly |
Gaming | $6.1M | No |
| DAOBase |
Tools | $6M | BEE |
 Karmaverse |
No tag | $6M | No |
 Nayms |
DeFi | $6M | NAYM |
 Phantom Protocol |
DeFi | $6M | No |
 Play It Forward |
No tag | $6M | No |
 RMRK |
Gaming | $6M | RMRK |
 Swarm |
DePIN | $6M | BZZ |
 Joystream |
Infrastructure | $5.85M | No |
 Rikkei Finance |
DeFi | $5.6M | No |
 Ertha |
Gaming | $5.4M | ERTHA |
 Sarcophagus |
Tools | $5.4M | No |
 SubDAO |
Infrastructure | $5.4M | No |
 Neptune Mutual |
No tag | $5.3M | No |
 Deri Protocol |
DEX (Decentralized Exchange) | $5M | DERI |
 DeSyn Protocol |
DeFi | $5M | No |
 Nitro League |
Gaming | $5M | No |
 StarSharks |
Gaming | $4.8M | SSS |
 Artem |
IP | $4.75M | No |
 Sigmadex |
DeFi | $4.2M | No |
| Tap Protocol |
Infrastructure | $4.2M | TAP |
 Bullieverse |
Media | $4M | No |
 Dreams Quest |
Media | $4M | DREAMS |
 Kudo Money |
Payment | $4M | No |
 Metaverse.Network |
No tag | $4M | No |
 Mirror World |
Gaming | $4M | No |
 NuLink |
Privacy | $4M | NLK |
 Sonic |
Infrastructure | $4M | Yes |
 Web3Games |
Gaming | $4M | No |
 EPIK Prime |
No tag | $3.92M | No |
 XCAD Network |
AI | $3.9M | XCAD |
 Element Black |
SocialFi | $3.6M | No |
 Cere Network |
AI | $3.5M | CERE |
 Moonray |
Gaming | $3.5M | No |
| Cookie3 |
Infrastructure | $3.3M (2 records) | COOKIE |
 Orbitau |
Gaming | $3.3M | No |
 Spherium Finance |
DeFi | $3.3M | No |
 Arcade |
Gaming | $3.2M | ARC |
 Metaverse Magna |
No tag | $3.2M | No |
 Crowny |
SocialFi | $3.16M | CRWNY |
 DotOracle |
No tag | $3M | No |
 DUET Protocol |
RWA | $3M | DUET |
 Polkadex |
DEX (Decentralized Exchange) | $3M | No |
| Swan Chain |
L1/2/3 | $3M | SWAN |
 Swing |
DEX (Decentralized Exchange) | $3M | No |
 Zignaly |
Tools | $3M | No |
 Bitlocus |
CEX (Centralized Exchange) | $2.7M | No |
| Earn Network |
DeFi | $2.7M | No |
 Genesis Shards |
No tag | $2.7M | GS |
 UBet Sports |
GambleFi | $2.7M | No |
 Sandwich Network |
DeFi | $2.68M | No |
 Equilibrium |
DeFi | $2.5M | No |
 MetaDerby |
Gaming | $2.5M | No |
 Thales |
DeFi | $2.5M | THALES |
 The Virtua Kolect |
Gaming | $2.5M | TVK |
 Vee Finance |
DeFi | $2.5M | VEE |
 CryptoArt.Ai |
IP | $2.4M | No |
 Tank Wars Zone |
No tag | $2.37M | No |
 Arcana Network |
Infrastructure | $2.3M | XAR |
 Polygen |
Launchpad | $2.3M | No |
 Deliq |
DeFi | $2.1M | No |
 Dora Factory |
Infrastructure | $2M | DORA |
| GAM3S |
AI | $2M | G3 |
 KingdomX |
Gaming | $2M | KT |
 NearPad |
Launchpad | $2M | PAD |
 Themis |
No tag | $2M | No |
 UniFarm |
DeFi | $2M | No |
 XCarnival |
No tag | $2M | XCV |
 DexBrowser |
No tag | $1.9M | No |
 The Dapp List |
No tag | $1.9M | No |
 PlaceWar |
No tag | $1.8M | PLACE |
 zkRace (prev. DeRace) |
Gaming | $1.7M | No |
 Trace Network Labs |
Gaming | $1.6M | No |
 Algomint |
DeFi | $1.5M | No |
 Amasa |
DeFi | $1.5M | No |
 Bunicorn |
DEX (Decentralized Exchange) | $1.5M | BUNI |
 Hypersign |
L1/2/3 | $1.5M | HID |
 inkfinance |
DeFi | $1.5M | QUILL |
 Monsoon |
Privacy | $1.5M | No |
 MakiSwap |
DEX (Decentralized Exchange) | $1.4M | No |
 Yieldly |
DeFi | $1.4M | YLDY |
 Cradles |
Gaming | $1.2M | No |
 Polytrade |
RWA | $1.2M | TRADE |
 Arche Network |
No tag | $1.15M | No |
 Evanesco |
No tag | $1.05M | No |
 GamyFi |
Gaming | $1M | No |
 HurricaneSwap |
DEX (Decentralized Exchange) | $1M | No |
 Knit Finance |
DeFi | $1M | KFT |
 WeStarter |
Launchpad | $1M | No |
 Dafi Protocol |
DeFi | $0.9M | DAFI |
 Apricot Finance |
Money Market | $0.8M | No |
 Push Protocol |
Infrastructure | $0.75M (2 records) | PUSH |
 TotemFi |
No tag | $0.68M | No |
 Nodepay |
AI | - | NC |
 Shyft Network |
Compliance | - | SHFT |
Related reading on NAUT: OKX Ventures portfolio: 121 companies, average round $9.6M and How to research a VC fund: 6 checks, 23 rounds, 27 partners.
Can you pull this data through the NAUT API?
Yes: GET https://api.naut.so/v1/investors/ld-capital with the header Authorization: Bearer $NAUT_KEY returns the fund with its team and portfolio, each row carrying the company, round type, amount and announce date. Each data call costs 5 credits, and the Essential plan at $49 a month holds 3,000 credits; see the API docs and pricing. Verified Telegram, email and LinkedIn for the people on these teams unlock on any paid NAUT plan, so start a 7-day trial.
LD Capital portfolio FAQ
Which companies has LD Capital backed?
NAUT tracks 117 companies in the LD Capital portfolio as of 14 November 2026, across 120 rounds dated August 2019 to July 2024. The largest on NAUT's record include Babylon ($70M, May 2024), Boba Network ($45M Series A, April 2022) and BitCoke ($20M, May 2022).
What is LD Capital's average round size?
The average round LD Capital joined is $6.7M on NAUT's record, with a median of $3.3M across 118 priced rounds counted on 14 November 2026. These are whole round sizes; NAUT stores no LD Capital cheque size.
Which sectors does LD Capital invest in?
DeFi is the biggest tag in the LD Capital portfolio on NAUT, with 26 companies, then Gaming with 23 and Infrastructure with 16, counted on 14 November 2026. 22 of the 117 companies carry no sector tag.
Who co-invests most often with LD Capital?
AU21 Capital shares 40 of LD Capital's 121 round records on NAUT, then NGC Ventures with 30 and OKX Ventures with 25, counted on 14 November 2026.
Where can I find the teams at LD Capital portfolio companies and their contact channels?
NAUT lists each of the 117 LD Capital portfolio companies with its team at naut.so, and GET https://api.naut.so/v1/investors/ld-capital returns the fund with its team and portfolio rows. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial.
Sources
- NAUT database, LD Capital investor row and its round records, read 14 November 2026.
- LD Capital on X: x.com/Liquid_Capital_, with its site ldcap.com.
- Babylon $70M: crypto-fundraising.info and The Block.
- Boba Network $45M Series A: Global Venturing and The Block.
- BitCoke $20M strategic round: Yahoo Finance.
- Gari Network token sale: The Block and CoinDesk.
- ALETHIA AI private token sale: Cointelegraph and The Block.
- IOTA ecosystem $100M round: CoinDesk.