Asset Manager

Updated:

1kx

Lasse Clausen and Christopher Heymann launched 1kx in 2018 as an early-stage venture firm focused exclusively on tokenized networks and decentralized...

1kx

Lasse Clausen and Christopher Heymann launched 1kx in 2018 as an early-stage venture firm focused exclusively on tokenized networks and decentralized infrastructure. The firm emerged from Berlin's crypto ecosystem before expanding into a globally distributed operation, with outposts spanning San Francisco, Hong Kong, Paris, Kyiv, Shanghai, Park City, New York, and Tortola. Clausen brought prior experience as a founder at Earlybird Venture Capital-backed ventures, while Heymann arrived with a background in protocol-level engineering and ecosystem design — a pairing that shaped the firm's hands-on approach to network bootstrapping. 1kx deploys capital as both a traditional venture investor in equity rounds and as a network participant that stakes, delegates, and operates validator infrastructure across the protocols it backs. Core allocation areas sweep across decentralized finance primitives, Web3 social graphs, on-chain identity protocols, and intersectional AI-crypto infrastructure. Confirmed portfolio positions include Gnosis Safe, the smart contract wallet ecosystem that democratized Ethereum account abstraction, and Goldfinch, the decentralized credit protocol that opened private credit underwriting to crypto-native liquidity pools. The firm funds teams globally, with particular density in Europe and North America, while maintaining an operational footprint in Asia that facilitates cross-border liquidity provisioning and protocol localization. Team size remains undisclosed, but distributed operations across eight jurisdictions signal a model that embeds researchers and engineers within the ecosystems they fund, rather than clustering around a single headquarters. The firm has not disclosed aggregate AUM or deployment figures. May 2024: The firm continued to lead rounds across both consumer-facing Web3 applications and infrastructure layers, expanding its portfolio in emerging on-chain identity and credit markets (per public record). 1kx also operates as an active governance participant — voting on protocol upgrades and treasury management across DAOs in its portfolio — a posture that differentiates it from passive token buyers. Structurally, 1kx operates not as a traditional fund but as a "network of founders and protocol builders" — a venture DAO of sorts, where portfolio companies and the firm's own in-house engineering team collaborate directly on open-source protocol development. This blurs the line between investor and core contributor. Governance participation, rather than board seats, defines the firm's influence model, and no external LP advisory committee has been disclosed, reinforcing a founder-aligned, low-process posture uncommon in even crypto-native venture.

General information

Firm type

Asset Manager

Year founded

2018

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Additional offices

Hong Kong · Paris · Kyiv · Shanghai · Park City · New York · Tortola

Principals

Lasse Clausen

Founding Partner

Christopher Heymann

Founding Partner

Sector focus

Crypto / Web3FinTechAI/ML

Frequently asked questions

Who runs investment decisions at 1kx?

Founding Partners Lasse Clausen and Christopher Heymann lead investment decisions. The firm operates a flat structure where senior engineers and ecosystem leads participate directly in thesis formation and diligence, consistent with its posture as a network of builders rather than a hierarchical fund manager.

How does 1kx differentiate between pure venture investing and protocol participation?

1kx does not separate them cleanly. The firm invests in equity rounds where available, acquires tokens via treasury sales and open markets, and frequently runs validator infrastructure for portfolio networks. This hybrid model means the firm generates returns from both fund-level asset appreciation and ongoing protocol-level rewards from staking and delegation.

Is 1kx structured as a traditional venture fund or a crypto-native DAO?

It leans toward the latter. 1kx describes itself as a permissionless network of founders and engineers — its own in-house team builds open-source protocol components in collaboration with portfolio companies. Governance is exercised through on-chain voting in protocol DAOs rather than through conventional board seats.

Which sectors does 1kx explicitly avoid?

The firm has not publicly restricted its mandate, but its portfolio clusters tightly around decentralized finance, Web3 social graphs, on-chain identity, and intersectional AI-crypto infrastructure. Centralized exchange equity, speculative NFT marketplaces, and regulatory-arbitrage plays are either absent or negligible in its known deployment history.

Does 1kx accept external limited partners, and who are they?

The firm has not disclosed its LP composition. Industry pattern suggests a mix of crypto-native founders, protocol treasuries, and European family offices, but no named institutional LPs have been publicly confirmed. The absence of a disclosed LP advisory committee aligns with a founder-centric governance model.

How does 1kx's geographic footprint influence its investment posture?

With operational nodes in San Francisco, Hong Kong, Paris, Kyiv, Shanghai, Park City, New York, and Tortola, 1kx can deploy engineers into protocol ecosystems across US, European, and Asian time zones. The Kyiv presence, maintained through regional disruption, signals a deep commitment to Eastern European developer talent — a major source of protocol-level engineering in crypto.

What role does 1kx play in protocol governance after investing?

The firm actively votes on protocol upgrades, treasury allocation, and parameter changes across DAOs in its portfolio. Unlike passive token funds, 1kx treats governance participation as a core function — part of the 'builder network' thesis where the investor is also a contributor to the protocol's operational direction.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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