Psalion is a Singapore-based global digital asset investment manager, founded in 2021, operating across early-stage venture capital (Psalion VC), yield strategies (Psalion Yield), and digital asset lending (Psalion Lend). The firm serves institutions, family offices, corporate treasuries, allocators, and sophisticated investors, with offices in North America, Asia, and Europe.
Psalion VC invests in pre-seed and seed-stage blockchain and digital-asset companies, targeting infrastructure, middleware, trade finance, real-world assets (RWA), stablecoins, and decentralized finance (DeFi), with an emphasis on consumer applications where web3 rails underpin web2-style businesses.
Fund III's first disclosed investment is Beezie, a commerce platform for buying and collecting digital and physical assets, via a $4 million round Psalion led shortly after launch.
Psalion VC Fund III launched in July 2026, the firm's third and largest vehicle, following Fund I and Fund II, both raised and deployed during down-market periods.
Fund III closed at $50 million, structured as a Singapore-domiciled Variable Capital Company (VCC) and managed by Conduit Asset Management Pte. Ltd. (CAM), which is licensed and regulated by the Monetary Authority of Singapore (MAS).
Specific check size and LP composition for Fund III have not been publicly disclosed. Based on disclosed prior rounds, Psalion has typically written Seed checks averaging around $2.61M (six disclosed Seed deals), including a $2M lead check into Umoja and a $2.5M investment in Brickken, with Series A participation averaging around $6.5M across two disclosed deals. Across its broader platform, Psalion serves institutions, family offices, corporate treasuries, allocators, and sophisticated investors, reporting 14 family office clients among its client base.
The fund began deploying capital almost immediately, leading a $4 million round in commerce platform Beezie the same week as launch; Psalion's specific contribution within that round was not disclosed.
Leadership
Timothy Enneking is Managing Partner, bringing more than 35 years of experience in finance and asset management across Europe, the US, and Asia, including more than 15 years of fund and asset management experience and capital markets work spanning over 30 countries totaling more than $12 billion. He previously managed the Bitcoin Fund and founded Tera Capital Fund, one of the world's first cryptocurrency trading funds, and continues to manage Crypto Asset Fund and the Crypto30 index.
Julien Jost is Co-Founding Partner, based in Geneva.
Loan Venkatapen is Founder of Psalion and also serves as Managing Partner at Blocklabs Capital Management.
The wider team includes Adam Kovacs (Investment Director), Mark Torelli (Finance Director), Alec Beckman (VP of Growth), Max Bailey (Strategic Advisor, Asia), Nada Abu-Qaoud (Head of Regulatory Compliance), and Pablo Hernandez (Investor Relations Manager), alongside compliance leads Todd Enneking (AMLRO) and Brenden Tacon (Deputy AMLRO).
Investment Strategy
Psalion VC backs blockchain and digital-asset founders bringing web3 infrastructure into real-economy use cases, historically investing across pre-seed through growth stages. The fund operates alongside Psalion's yield and lending business lines, giving the firm a broader digital-asset platform beyond early-stage equity.
Notable Investments
invest@psalion.com
Timothy Enneking — Managing Partner
Julien Jost — Co-Founding Partner
julien@psalion.com
Loan Venkatapen — Founder
Singapore
