About FTS Capital
FTS Capital is a venture capital firm founded in 2022. It is primarily based out of New York City, United States. It primarily invests in China based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Overall, FTS Capital portfolio has seen 1 unicorn, namely The Sandbox. FTS Capital has team of 3 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Unicorns
FTS Capital's List of Top Investments
FTS Capital has a portfolio of 6 companies, one of which is a Unicorn. Their most notable investments include The Sandbox and Avalanche.Their portfolio spans across China, Greece, Iceland and 3 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 3 other sectors. Here is the list of top investments by FTS Capital:
1. The Sandbox
Online platform offering a user-generated metaverse with blockchain games for creative and immersive gaming experiences. It allows users to create and monetize their NFTs in a blockchain-based environment. The Sandbox platform combines elements of creativity, exploration, and gameplay in a sandbox setting, providing users with a degree of freedom to interact creatively and build their own virtual worlds.
Key facts about The Sandbox
- Founded Year: 2018
- Location: Hong Kong (China)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $115M
- Employee Count: 248 as on Mar 31, 2026
- Investors: Sound Ventures, Orthogonal Thinker and 47 Others
- Latest Funding Round: Series B, Jun 06, 2024, $*****
- Highlight: Editors' Pick

2. Avalanche
Provider of smart contracts platform for decentralized application development. It provides users with an open and programmable smart contracts platform for decentralized applications. Its services include launching Ethereum dApps, laughing customized blockchain, and more.
Key facts about Avalanche
- Founded Year: 2018
- Location: Tortola (United Kingdom)
- Stage: Funding Raised
- Employee Count: 256 as on Mar 31, 2026
- Investors: SWS Venture Capital, Chainfund Capital and 39 Others

3. Gala
Provider of a Web3 gaming platform for gamers. The platform allows gamers to own their gaming experience and offers NFTs and rewards to players who join the community and play games.
Key facts about Gala
- Founded Year: 2018
- Location: Middleton (United States)
- Stage: Early Stage
- Total Funding till date: $12M
- Employee Count: 24 as on Dec 31, 2022
- Investors: Zuko, FTS Capital and 1 Other
Web3 ecosystem focused on blockchain gaming and NFTs. It is offering gaming projects, including games like VulcanVerse and Berserk. They also offer an open-world massive multiplayer online role-playing game and a tower defense game. It provide access to games and a vast NFT marketplace to buy and sell digital assets in-game.
Key facts about Vulcan Forged
- Founded Year: 2020
- Location: Athens (Greece)
- Stage: Series A
- Total Funding till date: $8M
- Employee Count: 18 as on Jan 05, 2026
- Investors: TD.VC, FTS Capital and 2 Others
- Latest Funding Round: Series A, Sep 21, 2022, $*****
- Highlight: Editors' Pick

5. NFT Worlds
NFT-based platform to build metaverse. It enables users to create, play, explore, and earn NFTs. It also discovers incredible metaverse worlds, games, new friends & more. It creates games, experiences, venues, concerts, community hangouts, and more.
Key facts about NFT Worlds
- Founded Year: 2021
- Location: Indonesia
- Stage: Funding Raised
- Investors: Orthogonal Thinker and FTS Capital
Unicorns in FTS Capital's Portfolio
FTS Capital has 1 unicorn in its portfolio - The Sandbox. The most recent unicorn in their portfolio is The Sandbox which became a unicorn in 2024, 1 years before FTS Capital first invested in it.Here is a list of unicorns in FTS Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Online platform offering a user-generated metaverse with blockchain games for creative and immersive gaming experiences | 2018 | Hong Kong | Series B | {iywaxo |

