About Friendly Trading
Friendly Trading is a venture capital firm founded in 2021. It is primarily based out of Miami, United States. As of Nov 2022, Friendly Trading has invested in 19 companies. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it participated in the $***** Seed round of Thallo Overall, Friendly Trading portfolio has seen 2 unicorns and 1 IPO, namely Uniswap, Bitcoin and Helium. A lot of funds co-invest with Friendly Trading, with names like Ripple sharing a substantial percentage of its portfolio. Friendly Trading has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Friendly Trading's List of Top Investments
Friendly Trading has a portfolio of 19 companies, including 2 unicorns. Their most notable investmentis in ThalloTheir portfolio spans across United States, United Kingdom, Canada and 5 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 7 other sectors, across stages such as Seed stage. Here is the list of top investments by Friendly Trading:
1. Solana
Developer of enterprise infrastructure for issuing assets and digital payments. This platform provides application programming interfaces and tools for tokenization, payment orchestration, and financial transaction settlement. It supports the creation of stablecoins and real-world assets, enabling institutions to facilitate cross-border money transfers and compliant on-chain financial operations. The technology stack includes resources for building decentralized applications, managing network data, and integrating automated agent workflows for various commercial use cases.
Key facts about Solana
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $374M
- Employee Count: 565 as on Aug 31, 2026
- Investors: World Capital Holdings Group, Foundation Capital and 95 Others
- Latest Funding Round: Series C, Jun 09, 2021, $*****
- Highlight: Editors' Pick

2. Uniswap
Provider of a decentralized exchange platform for cryptocurrency. It offers state-of-the-art open-source apps to access the uni swap protocol. It empowers developers, liquidity providers, and traders to participate in a financial marketplace. It offers a protocol for creating liquidity and trading ERC-20 tokens on Ethereum.
Key facts about Uniswap
- Founded Year: 2018
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $176M
- Employee Count: 217 as on Sep 30, 2026
- Investors: 2020 Ventures, Hanover Capital and 52 Others
- Latest Funding Round: Series B, Oct 13, 2022, $*****
- Highlight: Editors' Pick
3. FTX
Online platform for trading in cryptocurrency. It allows users to purchase and sell digital assets through encrypted networks. It supports the transfer of multiple crypto derivatives including Ethereum, Altcoin, Bitcoin, Tether, and more. It also provides OTC trading solutions to users.
Key facts about FTX
4. NEAR
Public blockchain network platform. The solution is a scalable smart contract platform that supports decentralized applications of any kind and enables the developers to build, test, and deploy applications that permissionless handle a wide range of digital assets.
Key facts about NEAR
- Founded Year: 2017
- Location: Zug (Switzerland)
- Stage: Series D
- Total Funding till date: $542M
- Employee Count: 145 as on Aug 31, 2026
- Investors: RAA Capital, Republic Capital and 92 Others
- Latest Funding Round: Series D, May 10, 2022, $*****
- Highlight: Editors' Pick
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5. Audius
Decentralized audio distribution platform. Creators can generate immutable & timestamped records for the creative works and register the assets to the Audius network. Utilizes Audius blockchain technology to automate and secure payments. Artists can choose from pre-existing license terms or create their own and automate the payments, transfers, and issuance of licenses. The platform has two tokens, a utility token called "LOUD" and a governance token called "Audius".
Key facts about Audius
- Founded Year: 2018
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $16.1M
- Employee Count: 31 as on Aug 31, 2026
- Investors: Ascolta Ventures, Hack VC and 35 Others
- Latest Funding Round: Series A, Sep 16, 2021, $*****
- Highlight: Editors' Pick
Friendly Trading's Year-on-Year Investment Trends
Its most recent first time investment was in Thallo.Friendly Trading's Investments by Stage
Friendly Trading has made 1 investment in Seed stage with an average round size of $2.5M.Friendly Trading's Investments by Sector
Friendly Trading has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Environment Tech and Sustainability Tech. Notably, it has invested in 18 Tech companies, 17 Blockchain companies, 15 Software companies and at least 14 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 1 |
Enterprise Applications | 1 |
Environment Tech | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
Friendly Trading's Investments by Geography
Friendly Trading has made most investments in United Kingdom (1).Friendly Trading's recent investments
Friendly Trading has not made any investment in 2026 so far.Here are the most recent investments by Friendly Trading:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 14, 2022 | United Kingdom | Seed | 6570 | [+4] |
Unicorns in Friendly Trading's Portfolio
Friendly Trading has 2 unicorns in its portfolio - Uniswap and Helium. The most recent unicorn in their portfolio is Uniswap. It became a unicorn in 2022, 4 years before Friendly Trading first invested in it.Here is a list of unicorns in Friendly Trading's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
79 | Provider of a decentralized exchange platform for cryptocurrency | 2018 | New York City | Series B | b{yqqb{ | ||
69 | Hardware mining solutions for cryptocurrency | 2006 | San Francisco | Series D | kyryryp |
IPOs and Publicly Listed companies in Friendly Trading's Portfolio
1 of Friendly Trading's portfolio company became public - Bitcoin. It got listed on the Toronto Stock Exchange (TSX), in Feb 2021.Here are Friendly Trading's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2021 | - | - | 6111 |
Team profile of Friendly Trading
Friendly Trading has a team of 2 members including 2 Partners. Friendly Trading's team does not sit on the board of any company as of now.Co-investors of Friendly Trading
Over the past 4 years, 5 investors have co-invested in Friendly Trading's portfolio companies. This includes funds and angels.
- Top Co-investors of Friendly Trading: 5 investors entered a company along with Friendly Trading. These include investors like Ripple (1 company).
Recent News related to Friendly Trading
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Thallo Lands $2.5M for Next Generation Carbon Credit Exchange Powered by BlockchainACROFAN•Nov 14, 2022•Thallo, Ripple, Arcan Capital, Friendly Trading and 7 others
