# Cap

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cap-2

- Industry: Software
- Headquarters: US
- Website: www.cap.app
- Total disclosed funding: $8M
- Latest round: Seed (Apr 8, 2025)
- Investors on record: 8

## About

Cap is a financial technology company that provides a stablecoin protocol, enabling secure asset collateralization and yield generation for users in the crypto space.Cap is a financial technology firm focused on stablecoin solutions. The company originated with the aim of addressing liquidity needs in the cryptocurrency market. Their operations are primarily based in the US, specifically in cities like San Francisco and New York. The founder, who has a background in blockchain technology, previously established notable ventures in the crypto space. The firm has attracted significant funding, completing a Series A round which raised a total of USD 20 mn.Cap offers a stablecoin protocol designed to provide users with verifiable financial guarantees through its innovative shared security model. The core service allows users to securely deposit their crypto assets as collateral, enabling them to instantly mint stablecoins. These stablecoins can be utilized across various platforms, while users simultaneously earn yield on their holdings. Cap targets a diverse client base, which includes institutional operators such as high-frequency trading firms, market makers, and banks, primarily in regions like North America, Europe, and Asia. The platform capitalizes on a curated market of institutions to deliver competitive yields via fully covered private credit, addressing the need for secure and liquid financial solutions in the ever-evolving crypto landscape.Cap generates revenue through transaction fees and yield generation associated with its stablecoin protocol. Clients deposit their crypto assets to mint stablecoins, with yields being generated from the underlying collateral through partnerships with accredited delegators and institutions. The transaction structure typically involves B2B interactions, where institutional clients engage with Cap to earn competitive yields while ensuring the security of their deposits. Although specific pricing plans for these services are not disclosed, the transactional framework emphasizes the benefits of non-custodial asset management and the potential for users to earn passive income on their stablecoin holdings. This model not only enhances liquidity for the users but also strengthens Cap's position in the rapidly growing decentralized finance (DeFi) market.Cap plans to launch new products focused on enhancing user experience and expanding their stablecoin functionalities, targeting a release in the next 12 months. The company is also actively looking to expand its operations into Asia-Pacific markets by the end of 2024. Recent funding from the Series A round will be allocated to develop these new offerings and support market expansion initiatives.

## Funding rounds

- Seed, Apr 8, 2025, $8M — Flow Traders, Franklin Templeton, GSR Capital, Superscrypt, Laser Venture Capital, RockawayX, IMC, Triton Venture Capital

## Investors

- Flow Traders (https://capitalatlas.ai/funds/flow-traders) — Seed
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Seed
- GSR Capital (https://capitalatlas.ai/funds/gsr-capital) — Seed
- Superscrypt (https://capitalatlas.ai/funds/superscrypt) — Seed
- Laser Venture Capital (https://capitalatlas.ai/funds/laser-venture-capital) — Seed
- RockawayX (https://capitalatlas.ai/funds/rockawayx) — Seed
- IMC — Seed
- Triton Venture Capital (https://capitalatlas.ai/funds/triton-venture-capital) — Seed