Bloq

Investment decisions are led by Co-founder and Chairman Matt Roszak, who also runs the early-stage digital asset venture firm Tally Capital. Roszak has been investing in blockchain companies since 2013, making him one of the longest-tenured institutional allocators in crypto. Co-founder Jeff Garzik focuses on technical architecture and open-source contributions that inform the firm's strategic capital allocation.

Bloq operates as a hybrid: it functions as an enterprise blockchain software company that also makes venture-stage equity and token investments. The firm generates revenue from software licensing and infrastructure management, distinct from a pure venture firm that relies only on portfolio appreciation. This structure means the investment arm benefits from the technical intelligence generated by the software business.

Co-founder and CEO Jeff Garzik served as one of the earliest Bitcoin Core developers after Satoshi Nakamoto's departure and is a recognized figure in the protocol's history. Bloq continues to contribute to open-source blockchain development, most notably through Garzik's ongoing advocacy and authorship of the Drivechain sidechain proposal (BIP 300/301). This technical lineage gives the firm a distinct voice in Bitcoin governance discussions.

The firm's deal flow benefits from the combined networks of its co-founders: Roszak's Tally Capital portfolio and Garzik's open-source developer relationships across multiple blockchains. Additionally, Bloq's incubated projects and the tools it builds for node operators surface early teams seeking both capital and infrastructure support. This pipeline relies on technical reputation rather than traditional placement-agent or banker-driven sourcing.

Bloq pursues both. The venture book includes early-stage equity in infrastructure companies like Blockstream and Bitfury alongside token investments in decentralized protocols. The firm does not publicly segregate the two categories in a single reported AUM figure, but both asset types have appeared in its historical investment activity.

Vesper Finance, a yield aggregation protocol that Bloq incubated in 2020, was officially wound down in November 2023. The decision was described as a reallocation of engineering talent toward the firm's core infrastructure products. The wind-down reflected Bloq's recalibrated emphasis on building the underlying rails for institutional blockchain use cases rather than competing in consumer-facing DeFi applications.

Tally Capital is Matt Roszak's private venture capital vehicle, launched in 2013 and focused exclusively on blockchain and digital asset investments. Tally Capital and Bloq share Roszak as a principal, and the deal flow and thesis development across the two entities are complementary, but they maintain separate legal and investment structures. Public communications from Tally Capital are sparse, reflecting a low-profile, family-office-style operating model.