When AI Can Do Everything, The Only Thing Worth Building Is Control
When AI Can Do Everything, The Only Thing Worth Building Is Control
For ambitious crypto and AI founders building before it’s obvious.
We invest early with belief, clarity and craft.
Who we are
Frachtis is a pre-seed fund for founders building the trust layer for a world run by AI agents: self-sovereign AI, verifiable computation, private data and the crypto rails that let agents own, prove and pay. We lead early, often as the first institutional check, and we back technical founders before the market has a name for what they are building.
We are operators first. We have run, operated and invested out of Chorus One, one of the world’s largest staking companies, with institutional operating experience at a16z and go-to-market experience at ZKV and Anoma. We put all of it to work for founders at the earliest, hardest stage.
Frachtis is Greek for hedge. Every hedge is a bet that the consensus is wrong. Ours is that intelligence, data and money should not end up in a few hands, and that the founders building the alternative will create more value than the companies concentrating it. We back them early, and we back them to win.
We started Frachtis at the intersection of crypto and AI. What crypto stands for will be applied to AI: decentralized networks, agents that coordinate with each other, and sovereign stacks that let people own their own AI.
The risk grows every year that the most capable technology ever built ends up in the hands of too few centralized powers, governments and frontier labs alike. Bitcoin solved this for money by making it ownable and verifiable by anyone. We believe AI gets solved with the same mechanisms.
AI already does things we cannot explain, and soon agents will be everywhere, cheap to copy, holding our data and acting on our behalf. Trust has to be built into systems growing this fast in capability and reach, so we can hand them more and know they are secure.
Ownership is how that trust gets built. In crypto, a share of people chose to self-custody their assets, and the same will happen in AI: a self-custody market for intelligence, where people own their model, their data and their agent. That market is barely formed. Billions use AI today, mostly as a chatbot, and around 2% pay for it, so we look for the new use cases people will pay for, in markets others underestimate.
None of it holds without security, so that is where we go deepest. AI will find vulnerabilities faster than humans ever did, and quantum will break the public-key cryptography the world relies on, crypto included. We need battle-hardened cryptography that survives both, and systems that upgrade fast.
Leveraging blockchain to outcompete incumbents is no longer an edge. Anyone can use and build with the technology now. Code-only solutions, code execution and permissions all commoditize. So does anything built from public data, anything an incumbent can ship as a feature in a quarter, and anything objective, because AI learns it. Value accrues to the application that owns the user, to networks with real network effects, and to businesses that underwrite the risk with capital at stake.
So we back the teams building a world that is more secure, safer and more sovereign: self-sovereign AI, multi-agent networks, frontier security, and the crypto rails that finance and incentivize all of it.
We go all in early, where conviction and support matter the most.
Having operated and invested through crypto’s adoption cycle from its earliest days, we know where durable, long-term value is captured.
When anyone can build, distribution decides who wins. We work hands-on with founders on the path from wedge to dominating a massive market.
Operator expertise that have scaled crypto companies from ground up, helping founders scale.
Connecting founders with global capital, talent, and strategic partners.
Deep ties to crypto technologists now applying their learnings and principles to new ventures across blockchain and other frontier technologies.
Team
When AI Can Do Everything, The Only Thing Worth Building Is Control
Fireplace is a trading interface for prediction markets, built on top of underlying liquidity and settlement venues such as Polymarket. It provides traders with a unified terminal offering real-time data, advanced execution, discovery across markets, social signal surfaces such as leaderboards and wallet tracking.
As AI agents become default operators of the economy, crypto becomes the settlement substrate that allows them to transact, coordinate and prove what they did across an open ecosystem.
At Frachtis, we believe the next major actors in crypto won’t be people, they’ll be machines. These autonomous programs will trade, govern, and execute strategies
Read more about our $20m fundraise.
Read our investment theses for 2025 here.
If you’re an ambitious crypto founder with bold ideas, we want to hear from you.
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