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Scalar Capital

San Francisco, California · Invests in US; Global · Website

Thesis

Privacy, censorship-resistance, and blockchain infrastructure are foundational to financial sovereignty. We invest in cryptographic innovations and protocols that enable decentralized, permissionless systems.

Likely not a fit for

Consumer-focused, centralized solutions; gambling/casino mechanics (despite gaming interest); purely speculative tokens without technical utility

How they invest

Lead or follow
Leads or follows
Typical decision
~1 month
Warm intro
Not required
Involvement
Advisor
Fund status
Actively deploying
Decision process
Partnership vote

Partners & team

3 contacts on file

LX

Linda Xie

General PartnerCo-founder and Managing Director · Primary contact

+ Pitch

LinkedIn profile

X profile

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JC

Jordan Clifford

General PartnerCo-founder and Managing Director

+ Pitch

LinkedIn profile

X profile

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YK

Yesim Kaymak

Platform & OpsDirector of Finance

+ Pitch

Portfolio

StackFintech Payments

Stack Score is an onchain reputation score calculated democratically and progressively, reflecting a multifaceted social reputation score for the onchain economy that’s credible, trustworthy, and entirely onchain.

StackrDeveloper Tools Infra

Stackr enables developers to build app-specific rollups on Ethereum using familiar web2 programming languages, facilitating the creation of decentralized applications with a modular approach.

DeFormMarketing Adtech

DeForm is building a crypto-native CRM that enables marketing for the new internet era, leveraging onchain data and activity to enhance digital marketing strategies.

PerennialFintech Payments

Perennial is a dedicated perps rollup, engineered for hyper-efficient trading. Built to unify liquidity and optimize execution, it meets the needs of traders, liquidity providers, and developers alike.

Lines
FarcasterConsumer Apps Social

Farcaster is the best place to find new people, projects and ideas in crypto. It's a social network and crypto wallet reimagined.

CompoundFintech Payments

Compound is a decentralized finance platform that offers an algorithmic interest rate protocol for developers. It aims to create open financial applications.

dYdXFintech Payments

dYdX is a decentralized trading platform for perpetual contracts, offering advanced tools and low fees. It aims to democratize access to financial opportunities and is backed by prominent investors.

UniswapFintech Payments

Uniswap is a decentralized protocol that enables peer-to-peer trading of digital assets using Automated Market Makers (AMMs), allowing users to swap tokens, lend, borrow, and build in a decentralized finance (DeFi) ecosystem.

0x ProtocolFintech Payments

0x Protocol provides powerful APIs to build financial applications on blockchain technology, focusing on decentralized finance (DeFi) solutions.

ZcashFintech Payments

Zcash is encrypted electronic cash that employs zero-knowledge encryption for private peer-to-peer payments.

Graph ProtocolDeveloper Tools Infra

The Graph is an open-source protocol that enables efficient indexing and querying on blockchains, making it easily accessible for developers, projects, and applications.

Recent activity

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Research briefRead more
Scalar Capital Research Investment Thesis Scalar Capital is a pioneering investment firm specializing in cryptoassets, with particular expertise in privacy and censorship-resistant protocols. Co-founded in 2017 by Linda Xie (ex-Coinbase product manager and compliance lead) and Jordan Clifford (ex-Coinbase growth engineer), the firm operates distinctly as a technical research shop rather than a tra

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