Tykhe Block Ventures

Tykhe Block Ventures is a Wyoming-based venture capital firm founded in 2021, focusing on blockchain technology, digital assets, and decentralized finance (DeFi). With a commitment to accelerating Web3 and blockchain infrastructure, Tykhe Block recently closed its inaugural $30 million Blockchain Growth Fund. This fund earmarks 25% of its capital for startups in the Middle East and North Africa (MENA) region, a key area where the firm sees immense growth potential in the decentralized space. Led by industry veterans such as Prashant Malik, a former early Facebook engineer and the creator of Apache Cassandra, Tykhe Block Ventures leverages deep technological expertise to support its investments. Malik’s vast experience in both tech and entrepreneurship—having been involved in early blockchain projects like CoinSwitch and Neo bank Juno—provides Tykhe with an edge in spotting and scaling disruptive blockchain companies​. Ganesh Kompella, another founding partner, brings extensive experience in blockchain investments and was an early investor in notable projects such as Ethereum, Ripple, and Aave. Tykhe’s portfolio spans various industries, with investments in companies like NFTperp, Bluzelle, Hedera, and Ripple Labs. The firm often backs startups at an early stage, providing not just capital but also hands-on guidance. Their investment strategy centers on identifying high-impact blockchain applications and fostering their growth into global leaders. With a strong focus on the future of decentralized technology, Tykhe Block Ventures aims to be at the forefront of the next wave of innovation.