# IOST Foundation

> IOST Foundation is a VC fund backing Blockchain, Cryptocurrency and Financial Services. See 5 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 5
- Last investment: Jul 2022
- Lead investor: 0%
- Last updated: Aug 2026

IOST Foundation is a VC fund focused on Blockchain and Cryptocurrency. IOST Foundation

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 2 | 40% |
| Cryptocurrency | 2 | 40% |
| Financial Services | 2 | 40% |
| Web3 | 1 | 20% |
| Gaming | 1 | 20% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 60% |
| Funding Round | 2 | 40% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Singapore | 2 | 40% |
| South Korea | 2 | 40% |
| United States | 1 | 20% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Upclub | Upclub is a blockchain social NFT project that is using NFT members to build a cultural experience and entertainment. Web3 and NFT technology is used by Upclub to develop and strengthen its community. Members of Upclub can attend parties, networking events, concerts, musicals, events where brands have worked with them, and even host their ownevents. | $2M | Seed | Jul 07, 2022 |  |
| Ludena Protocol | Ludena Protocol is a blockchain-based Play-to-Earn game social platform. | $1.9M |  | Nov 18, 2021 |  |
| Label AI | LABEL AI is an innovative Web 3 music platform enabling the creation and management of sounds like music and voice through AI and blockchain. Users can generate music for streaming, video backgrounds, games, metaverse, and AI videos, and create and edit voice content. These creations can be onboarded onto the TRACKS platform, where revenue isdistributed via the LABEL AI Sound Protocol. Through blockchain governance, users can own and operate a decentralized AI sound ecosystem.LABEL team builds up an ecosystem that establishes an incubating system, that will purport to provide an easier access to investment / promotion / distribution and improve an unfair profit structure that exists in the current sphere, striving to prevent copyright infringement cases across the industry. The pillars that will be developed inside of the LABEL Value Chain ecosystem are as following:Incubating SystemThe core idea behind the “Incubating System” is that anyone can register their digital course related to the career or job training and education inside of the LABEL. For the course to be eligible for the listing on the platform, it has to go through the voting system, where the votes are governed by the users and the selection process is carried out according to their votes. Once the selection process is over, the selected course will be provided with the investments in LBL tokens, that are contributed by either partner sales platforms, consumers or individual investors. Settlement System through the usage of NFT and Smart Contracts The courses, that have successfully received investments, will be registered as an NFT standard, which will clearly illustrate the share ratio of the ownership according to the contributions of instructors, voters and investors. The information on sales revenue from partner platforms will be released on the NFT Page, and the revenue generated by the course will be accurately distributed based on the NFT Equity Ratio that is registered in the Smart Contract.NFT MarketThe Course Creator, as well as the voters and inventors that have participated in the incubating process, including the selling platform itself and publicist can sell or trade their NFT share ratio in the NFT Market. The presence of the NFT Market enables the NFT owners to quickly liquidate their position and recover some of their expected future profit, whereas buyers can keep getting their stable profit slices continuously. | $1M | Seed | Jun 01, 2021 |  |
| RAMP DEFI | RAMP DEFI is a decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. This is achieved by letting users collateralize their portfolio of staked assets into a common stable coin standard, USD, which can in turn be used to borrow fiat-back capital such as USDT or USDC. Using the RAMP solution, users cancontinue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and recycle staked capital into new investment opportunities at the same time. | $1M | Seed | Aug 23, 2020 |  |
| BGOGO | Bgogo aspires to be the cryptocurrency exchange of the community, by the community, for the community. It is the first digital asset exchange with supernode listing authority, designed to list the most high quality and promising digital assets.Bgogo.com is registered in Cayman Islands. Bgogo founders include members from leading Internetcompanies such as Facebook, Twitter, IBM, Alibaba, etc. The core engineering team consists of several world champions of the ACM International Collegiate Programming Contest. | $4.9M |  | Sep 18, 2018 |  |

5 of 5 investments shown.

## Co-investors
- [HG Ventures](https://shizune.co/investors/profile/hg-ventures) — VC Fund, 2 deals together
- [8 Decimal Capital](https://shizune.co/investors/profile/8-decimal-capital) — VC Fund, 1 deal together
- [Alameda Research](https://shizune.co/investors/profile/alameda-research) — VC Fund, 1 deal together
- [Alphabit Fund](https://shizune.co/investors/profile/alphabit-fund) — VC Fund, 1 deal together
- [AlphaCoin Fund](https://shizune.co/investors/profile/alphacoin-fund) — VC Fund, 1 deal together
- [Arrington XRP Capital](https://shizune.co/investors/profile/arrington-capital) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Reach Capital](https://shizune.co/investors/profile/reach-capital) — VC Fund
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- [GSV Ventures](https://shizune.co/investors/profile/gsv-acceleration) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Strong Ventures](https://shizune.co/investors/profile/strong-ventures) — VC Fund
- [Korea Credit Guarantee Fund](https://shizune.co/investors/profile/korea-credit-guarantee-fund) — VC Fund
- [Kakao Ventures](https://shizune.co/investors/profile/kakao-ventures) — VC Fund

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## FAQ

### What does IOST Foundation invest in?

IOST Foundation invests primarily in Blockchain, Cryptocurrency and Financial Services startups, most often at Seed and Funding Round stage. Most of the 5 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did IOST Foundation last invest?

The most recent investment recorded for IOST Foundation closed in Jul 2022. Shizune tracks 5 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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