# Token Bay Capital

Token Bay Capital is a Venture Capital based in Hong Kong, Hong Kong.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Hong Kong, Hong Kong
- **Region:** Asia
- **Address:** Hong Kong, Hong Kong
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** tokenbaycapital.com
- **LinkedIn:** https://www.linkedin.com/company/tokenbaycapital

## Regulatory record

- **Reports private funds:** No

## About

Token Bay Capital is a venture capital fund manager that invests in blockchain and digital asset startups. It backs founders building next generation internet businesses powered by blockchains, including infrastructure and decentralized applications across the digital asset ecosystem. The firm has a presence in Abu Dhabi and has been helping blockchain businesses succeed since 2021.

## Sectors

- FinTech
- Digital Assets
- Blockchain Infrastructure

## People

- Lucy Gazmararian — Founder & Managing Partner

## Questions

### How does Token Bay source its deal flow in a crowded Web3 venture market?

Token Bay leans on Gazmararian's cross-regional network — spanning Hong Kong, Singapore, and the UAE — and a thesis anchored in regulatory readiness. The firm engages founders building compliant, institutional-grade infrastructure rather than chasing the highest-velocity tokenized projects. That positioning gives it an angle distinct from pure-traction-driven seed investors.

### Which geographic markets does Token Bay prioritize?

Asia and the Middle East form the firm's dual core. Hong Kong serves as its regulatory and operational base, while deal activity extends into Singapore, the UAE (especially Abu Dhabi and Dubai), and broader Gulf markets where virtual-asset frameworks are taking shape.

## Related profiles

- [Tokai Ventures](https://altss.com/profile/tokai-ventures)
- [Tokenfolio](https://altss.com/profile/tokenfolio)

---

Last updated: 2026-08-11T15:08:22.057Z

Canonical page: https://altss.com/profile/token-bay-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology