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Bitmap
Bitmap operates as the investment and development entity behind the Bitmap ecosystem, structured around a corporate vehicle registered in Singapore where...
Bitmap
Bitmap operates as the investment and development entity behind the Bitmap ecosystem, structured around a corporate vehicle registered in Singapore where Satish Lal Acharya serves as founder. The firm emerged from the Ordinals and Bitcoin metaverse movement, building tooling and asset protocols on top of the Bitcoin blockchain. Bhawana Singh Shrestha, Acharya's spouse, has been identified in public filings as a business partner with stakes in related telecom and technology ventures, indicating a closely held ownership architecture. The firm's investment strategy concentrates on venture-stage digital asset projects, with a particular emphasis on seed and startup rounds within the Bitcoin Ordinals and BRC-20 token ecosystem. Bitmap's own protocol work includes Bitmap.game, a metaverse platform leveraging Bitcoin block space, and the BRC-420 asset protocol, which enables complex digital assets on Bitcoin. The firm has deployed capital alongside notable crypto-native investors such as OKX Ventures, UTXO Management, and Caladan, indicating a co-investment posture that aligns with institutional crypto allocators. Bitmap's operational footprint centers on Singapore, a jurisdiction chosen for its maturing digital asset regulatory framework. The firm maintains no disclosed offices beyond its Singapore base. The principal team around Acharya and Shrestha suggests a lean structure where investment decisions are tightly managed by founders, rather than a multi-tiered investment committee. Adjacent assets include the operating protocols Bitmap.game and BRC-420, which blur the line between venture investing and internal product development. The structural differentiator for Bitmap lies in its dual identity as both a protocol builder and a strategic allocator in the Bitcoin-native asset space. Unlike conventional venture firms that passively hold token allocations, Bitmap's own protocols create infrastructure that portfolio companies can build upon, generating a self-reinforcing ecosystem effect that is uncommon among Singapore-based crypto investors.
General information
Firm type
Corporate Investor
Year founded
—
AUM
Undisclosed
Location
Region
Asia
Country
Singapore
City
Singapore
Corporate office
Singapore
Principals
Satish Lal Acharya
Founder
Bhawana Singh Shrestha
Business Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Bitmap?
Satish Lal Acharya, as founder of Bitmap Tech, appears to exercise principal control over investment decisions. Public records indicate a closely held structure with Acharya's spouse, Bhawana Singh Shrestha, listed as a business partner in related entities, suggesting investment authority remains concentrated within the founding family.
How does Bitmap source proprietary deal flow?
Bitmap's deal flow likely originates through its position as a protocol developer in the Bitcoin Ordinals ecosystem. By building Bitmap.game and the BRC-420 protocol, the firm maintains engineering relationships that provide early visibility into teams building on Bitcoin-native asset standards. Co-investment relationships with OKX Ventures, UTXO Management, and Caladan further extend its sourcing network.
Is Bitmap structured as a single family office or does it operate more like a venture firm?
Bitmap is a corporate investor rather than a traditional single family office, though its ownership structure—centered on founder Satish Lal Acharya and his spouse—resembles closely held family capital. The firm's venture-stage deployment and co-investment model with external crypto funds align it more closely with a proprietary investment firm than a regulated fund manager.
Does Bitmap participate in fund commitments or only direct deals?
Available evidence points to Bitmap engaging in direct venture investments, particularly at seed and startup stages in the digital asset sector. No public record indicates the firm operates as a fund-of-funds or makes LP commitments to external venture funds. The firm instead appears to co-invest directly alongside partners such as OKX Ventures and UTXO Management.
What investment stages does Bitmap typically target?
Bitmap's strategy spans seed, startup, and expansion-stage deals, according to public records. The dual focus on early-stage venture and later-stage venture debt suggests flexibility depending on the project, though the firm's protocol development work indicates a bias toward early-stage teams building on Bitcoin-native infrastructure.
Profile maintained by Altss 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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