DM

Diogo Mónica

North America, New York, United States, New York

Description

Diogo Mónica is a prominent figure in the digital asset space, best known as the Co-Founder and President of Anchorage Digital, the first federally chartered crypto bank in the United States. His background as Head of Security at Square (now Block) and a security engineer at Docker provides him with a deep understanding of secure systems and scalable infrastructure, which heavily influences his investment approach. Beyond his operational role at Anchorage, which itself achieved a valuation exceeding $3 billion after a $350 million Series D round led by KKR in 2021, Mónica has emerged as an active and strategic angel investor, primarily focusing on the burgeoning Web3 and blockchain infrastructure sectors.

Mónica's investment thesis centers on early-stage, foundational technologies that address critical needs within the decentralized ecosystem. He typically backs projects at the seed stage, leveraging his extensive experience in security, regulation, and enterprise-grade digital asset solutions. His portfolio reflects a strong preference for companies building core infrastructure, interoperability layers, and novel scaling solutions that can underpin the next generation of decentralized applications. This strategic focus allows him to provide not just capital, but also invaluable guidance on technical architecture, security best practices, and navigating complex regulatory landscapes.

Among his notable angel investments are several high-profile blockchain projects. He was an early backer of LayerZero Labs, a leading omnichain interoperability protocol, which subsequently raised a $120 million Series B round in April 2023, achieving a $3 billion valuation. Another significant investment includes Mysten Labs, the team behind the Sui blockchain, which secured a $300 million Series B funding round in 2022. His involvement in these rounds underscores his commitment to projects that aim to solve fundamental challenges in blockchain scalability and user experience.

Mónica's value to founders extends beyond financial contributions. His unique perspective, gained from building a regulated digital asset institution from the ground up, offers portfolio companies unparalleled insights into compliance, enterprise adoption, and long-term sustainability in a rapidly evolving industry. He acts as a strategic partner, helping startups navigate the complexities of product development and market entry in the highly competitive and regulated Web3 space. His investment activity solidifies his position as a key enabler of innovation at the intersection of traditional finance and decentralized technologies.

Investor Profile

Diogo Mónica has backed more than 20 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Portugal, Canada.
  • Strong thematic focus on Cryptocurrency, Blockchain, Financial Services.
  • Typical check size: $50K – $500K.

Stage Focus

  • Seed (50%)
  • Series A (30%)
  • Pre Seed (15%)
  • Series Unknown (5%)

Country Focus

  • United States (75%)
  • Portugal (10%)
  • Canada (5%)
  • Singapore (5%)
  • Spain (5%)

Industry Focus

  • Cryptocurrency
  • Blockchain
  • Financial Services
  • Fintech
  • Web3
  • Software
  • Saas
  • Communications Infrastructure
  • Messaging
  • Decentralized Finance (Defi)
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Diogo Mónica frequently co-invest with?

a16z crypto
North America, California, United States, Menlo Park
Co-Investments: 2
Pantera Capital
North America, California, United States, Menlo Park
Co-Investments: 2
IC
North America, California, United States, San Francisco
Co-Investments: 2
CMS Holdings
North America, New York, United States, New York
Co-Investments: 2
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 3
Nascent
North America, California, United States, San Francisco
Co-Investments: 3
Offline Ventures
North America, California, United States, Mill Valley
Co-Investments: 2
Chapter One Ventures
North America, California, United States, Santa Monica
Co-Investments: 2
Betaworks
North America, New York, United States, New York
Co-Investments: 2
Sound Ventures
North America, California, United States, Beverly Hills
Co-Investments: 3

Which angels does Diogo Mónica often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 4
AP
North America, California, United States, San Francisco
Shared Deals: 2
RS
North America, New York, United States, New York
Shared Deals: 3
RG
North America, California, United States, San Francisco
Shared Deals: 3
FM
Europe, Portugal
Shared Deals: 2
SK
Europe, England, United Kingdom, London
Shared Deals: 4
AO
North America, California, United States, San Francisco
Shared Deals: 2
Kain Warwick
Oceania, New South Wales, Australia, Sydney
Shared Deals: 3
Dan Romero
North America, California, United States, Los Angeles
Shared Deals: 2
NR
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by Diogo Mónica?

Tako

San Francisco, California, United States

Tako is a search engine for visualizing and sharing the world's information.

SeedOct 16, 2024
Amount Raised: $5,750,000
Simbian

Mountain View, California, United States

Simbian integrates secure and intelligent AI solutions into corporate processes across varied IT environments.

ComputerNetwork SecuritySecurity
SeedApr 11, 2024
Amount Raised: $10,000,000
Proof of Play

New York, New York, United States

Proof of Play creates games that are defining for a generation because they essentially give players control and ownership.

BlockchainGamingVirtual Reality
SeedSep 21, 2023
Amount Raised: $33,000,000
Capsule Wallets

Los Angeles, California, United States

Capsule Wallet is a crypto wallet infrastructure provider dedicated to helping developers create wallets with interoperable transactions.

BlockchainCryptocurrencyVirtual Currency
SeedMar 15, 2023
Portal

San Francisco, California, United States

Portal Labs is building enterprise–grade web3 infrastructure that transforms the platforms into portals.

BlockchainInfrastructureOnline PortalsWeb DesignWeb3
SeedFeb 28, 2023
Amount Raised: $5,300,000
Integral Treasury

Toronto, Ontario, Canada

The web3 CFO's most powerful tool. Enterprise-grade crypto accounting that puts you in control.

AccountingBillingBookkeeping and PayrollCryptocurrencyFinTechSaaSWeb3
Series UnknownSep 20, 2022
Amount Raised: $8,500,000
Fruitful

New York, New York, United States

Fruitful is a financial wellness platform that helps people take more control over their money.

Financial ServicesFinTechWellness
Series AJun 8, 2022
Amount Raised: $25,000,000
SPICYEST

New York, New York, United States

SPICYEST is a consulting and financial services firm specialized in digital assets

BlockchainCryptocurrencyFinancial Services
Pre SeedFeb 20, 2022
Amount Raised: $2,100,000
impactMarket

Braga, Braga, Portugal

ImpactMarket is an application-layer protocol that enables underprivileged people to access financial solutions.

BlockchainCryptocurrencyFinancial ServicesWeb AppsWeb3
SeedJan 26, 2022
Amount Raised: $1,600,000
Relive

Austin, Texas, United States

Relive empowers the next generation of real estate entrepreneurs, by supporting agents to build successful businesses

MarketingMobile AppsOnline PortalsReal Estate
Pre SeedJan 15, 2022
Amount Raised: $1,100,000