# George Cao

> George Cao is a seed investor at AscendEX (Larchmont) backing Security. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [AscendEX](https://shizune.co/investors/profile/bitmax)
- Location: Larchmont, United States
- Total investments: 1
- Last investment: Aug 2019
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/george-cao-64564b3/

George Cao is a seed investor at AscendEX in Larchmont focused on Security. George Cao is based out of New York and is the Founder and Chairman of the Board of AscendEX. George previously worked at Delpha Capital Management as a CIO and general manager. George Cao attended the University of Chicago.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| xDai | XDai is a cybersecurity company that specializes in providing stable payments in the blockchain industry. It features a software application platform designed for fast and inexpensive stable transactions. XDai was founded in 2018 and headquartered in California, United States. | $500K | Seed | Aug 16, 2019 |  |

1 of 1 investments shown.

## Co-investors
- [Bixin](https://shizune.co/investors/profile/bixin) — VC Fund, 1 deal together
- [Focus Labs](https://shizune.co/investors/profile/focus-labs) — VC Fund, 1 deal together
- [NGC Ventures](https://shizune.co/investors/profile/neo-global-capital-ngc) — VC Fund, 1 deal together

## About AscendEX

VC Fund · Singapore, Singapore

AscendEX is global operator of digital asset exchanges for diverse groups of clients from retail to institutions.

2 contacts available at AscendEX.

| Name | Title | Profile |
| --- | --- | --- |
| George Cao | Founder, CEO, and Chairman of the Board | https://shizune.co/investors/profile/george-cao |
| Yvonne Wong | Global Listing Manager | https://shizune.co/investors/profile/yvonne-wong-8650 |

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## FAQ

### What does George Cao invest in?

George Cao invests primarily in Security startups, most often at Seed stage. Most of the 1 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did George Cao last invest?

The most recent investment recorded for George Cao closed in Aug 2019. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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