Baboon VC
Asia-based crypto-first venture firm investing equity in blockchain companies and in early-stage tokens, with a portfolio spanning DeFi, DePIN, custody, gaming and infrastructure.
Baboon VC is an Asia-based, crypto-first venture capital firm that invests along two tracks: equity stakes in crypto and blockchain companies, and early-stage positions in tokens and crypto projects. The firm backs companies at different points in their development rather than at a single fixed stage, and states a thesis oriented towards founders working on real-world problems. Its team draws on experience spanning blockchain, crypto and traditional finance, and the firm positions its crypto-market experience as something brought to bear in working with portfolio founders.
The portfolio reflects a broad spread across the digital asset ecosystem. Publicly named investments include Berachain, Hedera, Animoca Brands and Kin, with coverage spanning decentralised finance (DeFi), decentralised physical infrastructure (DePIN), exchanges, custody, gaming and blockchain infrastructure. Technical domains of interest also include blockchain infrastructure, digital assets and traditional finance, indicating an interest in both crypto-native and incumbent financial systems.
Geographically, the firm's stated presence is Asia. Founding year, team size, fund size and check size are not disclosed. For candidates, the distinguishing features are the dual equity-and-token mandate and the multi-stage approach, which typically implies a wider range of diligence and portfolio work than a single-strategy fund.