Morningstar is a proprietary venture firm specializing in investments in digital assets and equity of blockchain and crypto companies, with a sharp focus on the MultiversX ecosystem.
The fund has assembled a solid team of niche specialists in the crypto space, and has significant capabilities in building its own products, along with strengthening young teams in the portfolio.
Itheum project is “the world’s first “Open Metaverse” data platform aiming to transform personal data into tradable assets”, which was developed together with Morningstar, and the first project launched by the MultiversX Dubai Incubator.
Morningstar Ventures is a firm with a unique stack of independent powerful thinkers, so the team implements a diversified strategy, applying its expertise and competencies in various business areas.
Thereby, the fund has developed an array of different crypto-related products and services:
Morningstar Ventures has a truly wide number of well-recognized Web3 projects in its portfolio: MultiversX, STEPN, DAO Maker, Axelar, Injective, Biconomy, Hashflow, Benqi, Ternoa, Itheum, Coinweb, Euler, Vega Protocol, Covalent, Cheqd, ParaSwap, Polkastarter, Ethernity Chain, Persistence, GameFi, Utrust, Shyft Network, and many others.
Here is the current balance of interests in the portfolio.
Total number of investments: 106