Chainsmith Capital

What they do

Chainsmith Capital is a boutique research and investment firm focused on the blockchain and digital asset ecosystem. Legally structured under the Latvian entity SIA "Daivan," the firm appears to serve as a private investment vehicle for an entrepreneur who also operates a network of e-commerce businesses across the Baltics. Unlike a traditional VC, Chainsmith Capital primarily conducts deep-dive research into other crypto funds ("Fund of Funds" strategy) and DLT infrastructure, operating with a low profile and a small, distributed team.

What they look for

The firm invests in "DLT-enabled infrastructure, protocols, and applications of Web 3.0," with a core focus on the foundational layers of the decentralized web rather than consumer speculation. Their strategy involves comparative research of digital assets investment funds, suggesting they allocate capital to other high-performing crypto VC funds rather than just direct equity, prioritizing infrastructure and protocols.

Stage

Seed, Series A

Sectors

Fintech, Deeptech

Based

Engure, LV