About Cardinal
Cardinal is a venture capital firm founded in 2018. It is primarily based out of Singapore, Singapore. It primarily invests in United States based startups. Its investments are spread across FinTech and Blockchain Technology sectors. Overall, Cardinal portfolio has seen 1 unicorn and 2 IPOs, namely Coinbase, Binance and Gemini. Cardinal has team of 13 people including 9 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Portfolio Unicorns
Cardinal's List of Top Investments
Cardinal has a portfolio of 6 companies, one of which is a Unicorn. Their most notable investments include Coinbase and Binance.Their portfolio spans across United States, Seychelles and United Arab Emirates. They have invested in FinTech, Blockchain Technology. Here is the list of top investments by Cardinal:
1. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $271M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,482 as on Mar 31, 2026
- Investors: TrueBridge, Wellington and 142 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
2. Binance
Online exchange platform for cryptocurrency. It allows users to buy, sell, and trade digital assets through multi-lingual solutions. It offers APIs, web-based, and app-based devices to access trading platforms for investing in cryptocurrencies. It also, features news articles, blogs, and discussion forums to assist new users. It enables users to track crypto live prices, explore new cryptocurrencies, and discover top gaining cryptos or top losing cryptocurrencies directly on the platform.
Key facts about Binance
- Founded Year: 2017
- Location: Abu Dhabi (United Arab Emirates)
- Stage: Series C
- Total Funding till date: $2.02B
- Employee Count: 14,097 as on Mar 31, 2026
- Investors: Fiparin, Janse Capital and 42 Others
- Latest Funding Round: Series C, Mar 12, 2025, $*****
- Highlight: Editors' Pick
3. KuCoin
Cryptocurrency exchange and trading platform. It enables users to buy, sell, and trade digital assets including Bitcoin, Ethereum, Litecoin, Ripple, and more. It provides APIs, market analysis charts, insights, current pricing lists as assistance to the trader, and more. It offers multiple features, including futures trading, a built-in P2P exchange, purchasing cryptocurrencies with a credit or debit card, and exchange services.
Key facts about KuCoin
- Founded Year: 2017
- Location: Mahe (Seychelles)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $180M
- Employee Count: 1,062 as on Mar 31, 2026
- Investors: Jump Crypto, Breyerlabs and 11 Others
- Latest Funding Round: Series A, Jul 21, 2022, $*****
- Highlight: Editors' Pick
4. Gemini
Platform offering crypto exchange solutions. It allows users to buy, sell, and trade digital assets including crypto and NFTs. It allows users to exchange digital currencies through electronic trading tools. The app is available on iOS and Android devices.
Key facts about Gemini
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Public
- Total Funding till date: $424M
- Employee Count: 1,795 as on Mar 31, 2026
- Investors: Augmentum Fintech, ARTFO Holdings and 27 Others
- Latest Funding Round: Series A, Nov 18, 2021, $*****
- Highlight: Public
5. HTX
Cryptocurrency trading platform. It offers a platform that enables users to buy, sell, trade, and exchange cryptocurrencies. It offers solutions for cryptocurrency trading in derivatives, futures, OTC trading, P2P, and more. It also enables users to trade with automated trading bots. Its app is available for Android and iOS users.
Key facts about HTX
- Founded Year: 1995
- Location: Seychelles
- Stage: Funding Raised
- Investors: Sequoia Capital, Cardinal and 12 Others
Unicorns in Cardinal's Portfolio
Cardinal has 1 unicorn in its portfolio - Binance. The most recent unicorn in their portfolio is Binance which became a unicorn in 2025, 1 years before Cardinal first invested in it.Here is a list of unicorns in Cardinal's portfolio:
Filter this listTracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
86 | Online exchange platform for cryptocurrency | 2017 | Abu Dhabi | Series C | wzqojxl |
IPOs and Publicly Listed companies in Cardinal's Portfolio
2 of Cardinal's portfolio companies have become public. Gemini got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2025 at marketcap of $1.22B and Coinbase got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $28.7B.Here are Cardinal's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 12, 2025 | - | - | 3081 | |
Apr 14, 2021 | - | - | 9427 |
Team profile of Cardinal
Cardinal has a team of 13 members including 9 Partners and 2 Principals located in Malaysia and United States. Cardinal's team does not sit on the board of any company as of now.Here is a list of top team members in Cardinal:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Seri Kembangan | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Malaysia | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | San Francisco | - | - | |
Partner | - | - | - | |
Principal | Kuala Lumpur | - | - | |
Principal | - | - | - |
