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P2P Capital
Frank Chiu and Ryan Aditya founded P2P Capital in 2014, positioning it early as a Web3 infrastructure specialist. The Los Angeles-based firm focuses on...
P2P Capital
Frank Chiu and Ryan Aditya founded P2P Capital in 2014, positioning it early as a Web3 infrastructure specialist. The Los Angeles-based firm focuses on blockchain-native assets, with a portfolio that spans layer-1 protocols, decentralized finance primitives, and governance tokens. Managing Director Konstantin Lomashuk, who also co-founded staking service P2P Validator and the liquid staking protocol Lido Finance, anchors the firm's technical and operational edge in proof-of-stake networks. P2P Capital directs capital into liquid coins, early-stage equity rounds, and DeFi protocols. Its portfolio holds widely adopted layer-1 assets such as Bitcoin, Ethereum, Solana, Avalanche, and Polkadot, alongside middleware and application-layer projects including The Graph, Acala, and 1inch. The firm also participates in decentralized autonomous organizations; Lomashuk is a member of venture DAOs MetaCartel Ventures, The LAO, and the NFT-focused Flamingo DAO, which extends its sourcing across North American and European crypto ecosystems. The firm's public deployment total and team headcount remain undisclosed. Its operations are tightly linked via Lomashuk to P2P Validator, an infrastructure provider that runs nodes for more than 25 proof-of-stake networks, creating a closed-loop between capital allocation and network participation. No dedicated philanthropic vehicle or adjacent operating business has been identified. The structural differentiator is its pairing of liquid token positions with validator-level infrastructure. Unlike a conventional venture fund that holds equity and waits for a single exit, P2P Capital earns ongoing staking rewards, participates in protocol governance, and maintains deep technical influence over the networks it backs—a model that looks less like a fund-of-funds and more like a permanent capital operator within the consensus layer of Web3.
General information
Firm type
Generalist
Year founded
2014
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Principals
Frank Chiu
Founder
Ryan Aditya
Founder
Konstantin Lomashuk
Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at P2P Capital?
The firm's known leadership includes founders Frank Chiu and Ryan Aditya, with Managing Director Konstantin Lomashuk acting as the primary public face. Lomashuk's concurrent role as co-founder of Lido Finance and P2P Validator suggests he holds significant sway over both strategy and technical due diligence, particularly for proof-of-stake assets.
Is P2P Capital a venture fund or a crypto hedge fund?
It operates as a hybrid. The firm takes positions through direct purchases of liquid tokens, invests in early-stage equity rounds, and deploys capital into DeFi protocols for yield and governance rights. This blurs the line between a traditional venture structure and a specialized crypto hedge fund.
How does P2P Capital source proprietary deal flow?
A significant portion of its edge comes from Konstantin Lomashuk's involvement in P2P Validator, which provides staking infrastructure for over 25 networks. Membership in venture DAOs like MetaCartel Ventures, The LAO, and Flamingo DAO also connects the firm directly to founder communities and early-stage token launches before they reach wider syndicates.
What is P2P Capital's relationship with P2P Validator?
They share leadership through Konstantin Lomashuk. P2P Validator is a staking infrastructure provider that runs validator nodes for proof-of-stake networks. This creates an operational synergy where the capital arm can generate returns from both asset appreciation and staking yields, while influencing network governance through validator weight.
Does P2P Capital participate in fund commitments or only direct deals?
The firm's described model is almost entirely direct—purchasing tokens, making equity investments, and depositing into DeFi protocols. No evidence in public records or its own communications suggests P2P Capital allocates to external venture funds as a limited partner.
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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