Waterdrip Capital Monthly Update (May 2024)
2 min readJun 6, 2024
This is a short Monthly Review of Waterdrip Capital. We’re happy to share all these updates with everyone.
- May 2: Waterdrip Capital announced its participation in the strategic funding round for Bedrock, a multi-asset liquidity repledge protocol. Leading the investment were OKX Ventures, LongHash Ventures, and Comma3 Ventures, with follow-up investments from Waterdrip Capital, Lbank Labs, Amber Group, ArcheFund, Whale Ground, and angel investor Fisher Yu, co-founder of Babylon.
- https://x.com/Bedrock_DeFi/status/1785882397130846374
- May 2: Waterdrip Capital announced its participation in the $2 million funding for Metale Protocol, a Web3 content distribution protocol. The investment was led by Waterdrip Capital, Aipollo Investment, and Ultiverse.
- https://x.com/MetaleProtocol/status/1785989283901218838
- May 6: Waterdrip Capital announced its lead investment in the pre-seed round for BitTap, a decentralized wallet protocol for Taproot Assets.
- https://x.com/BittapLab/status/1787410039592067265
- May 6: Waterdrip Capital announced a strategic investment in DeepLink Protocol, a decentralized AI cloud gaming protocol.
- https://x.com/DeepLinkGlobal/status/1787678876715585647
- May 8: The “Bitcoin to the Moon” event, hosted by Waterdrip Capital and Rocktree Capital, concluded successfully.
- https://x.com/waterdripfund/status/1791022369689255992
- May 11: The two-day Bitcoin Devcon, co-hosted by SatoshiLab, concluded successfully.
- https://x.com/SatoshiLab_HK/status/1789237387278917689
- May 21: Waterdrip Capital announced its investment in RunesTerminal, a Launchpad project. Other investors included Cogitent Ventures, CMS Holdings, IAngels, Pentos Ventures, Zephyrus Capital, THE CMS, CNBC host Ran Neuner, and Laser Digital.
- https://x.com/runes_terminal/status/1792628986532540671
- May 25: SatoshiLab announced its investment in AILayer, with participating investors including Amber Group, Waterdrip Capital, BitMart Exchange, SatoshiLab, Foundinals Lab, Genblock Capital, MH Ventures, Cipholio Ventures, AscendEX, Bitrise Capital, AINN Labs, BrotherHood, Luminescence Capital, and Monday Capital.
- https://x.com/AILayerXYZ/status/1794386958573310112
- May 29: Waterdrip Capital announced its investment in DePIN infrastructure Parasail. The funding round was led by Protocol Labs, the development lab behind Filecoin, with participation from D11 Labs, MH Ventures, BitRise Capital, EV3, Fenbushi Capital, Modular Capital, Faculty Group, DWF Ventures, Foresight Ventures, AGE Crypto, and Waterdrip Capital.
- https://x.com/parasailnetwork/status/1795455239270596900
