Delphi Digital (DD) is regarded as a high-analysis research and crypto investing firm that is famous for providing deep crypto-asset and institutional research and by now operates in three different lines of business.
The expertise of the firm is spread between the following core units: Delphi Research, Delphi Labs, a successful startup accelerator, and Delphi Ventures, which repeatedly participated in investment rounds of the largest crypto-projects, such as Uniswap, dYdX, Solana and others. Delphi Digital actively supports portfolio companies.
Delphi Digital Overview
Delphi Digital - About
Delphi Digital originated as an analytical firm providing high-level research on crypto market, assets private equity and institutional funds for professional investors. The team represents innovativeness in the way of how crypto investing firms operate as Delphi Digital’s activity and products focus on both b2c and b2b segments of the crypto industry.
Since the establishment in 2018 , the core domain of Delphi has expanded many times over, and has branched out into separate lines of business:
- Delphi Labs: an arm for crypto development and building teams;
- Delphi Research: the analytical ecosystem and platform providing in-deph reviews, comprehensive research tools and analysis solutions;
- Delphi Ventures: a top-flight investment arm that focuses on Web3 startups and actively supports portfolio companies.
Among the brightest names of the Delphi`s portfolio, there are Axie Infinity, Uniswap, dYdX, Celestia, Solana, Lido, and zkSync.
Here is the current balance of interests.
Total number of investments: 50
DeFi: 35.9%
GameFi: 26.1%
Blockchain Infrastructure: 10.9%
NFT: 10.9%
Blockchain Service: 9.8%
Stablecoin: 3.3%
CeFi: 2.2%
Social: 1.1%
Delphi Digital - Industries
Delphi Digital - Portfolio Performance
Delphi Digital – Investment Rounds
| Project | Score | Round | Date | Round price | FDV | Status | Industry |
|---|---|---|---|---|---|---|---|
 CyberConnect | 90 | Strategic | 18 Jul, 22 | N/A | $180M | Past | |
 Celestia | 82 | Private | 19 Oct, 22 | $0.0955 | $1B | Past | |
| Celestia | 82 | Private | 19 Oct, 22 | $1 | $1B | Past | |
 Ethena | 91 | Seed | 20 Jul, 23 | N/A | $10.5B | Past | |
 io.net crypto network | 51 | Private | 06 Mar, 24 | $0.3695 | $295.6M | Past |
Delphi Digital – Portfolio
| Score | Project | Current Price | Chg (24h) | Retail ROI | Retail ATH ROI | Industry |
|---|---|---|---|---|---|---|
90 | CyberConnect | $0.315 | 7.28% | 0.175x | 8.77x | |
82 | Celestia | $0.535 | 3.78% | 0.535x | 20.85x | |
91 | Ethena | $0.186 | 11.26% | N/A | N/A | |
51 | io.net crypto network | $0.160 | 1.88% | 0.434x | 17.40x | |
72 |  READYgg | N/A | N/A | N/A | N/A |
Delphi Digital – Co-investors
| Fund | Score | Type | Project Support | Social Influence | Retail ROI | Co-investments | Total Investment |
|---|---|---|---|---|---|---|---|
 Polychain Capital | Very High | Venture | Very High | High | 29.90x | 3 | 60 |
 Amber Group | Medium | Corporate | High | Low | 1.51x | 3 | 45 |
 Animoca Brands (Ventures) | Very High | Corporate | Medium | Very High | 0.318x | 3 | 49 |
 The Spartan Group | High | Hedge | Very High | High | 0.365x | 3 | 36 |
 SevenX Ventures | Medium | Venture | High | Very Low | 0.491x | 3 | 20 |
