# Ledger Capital

> Ledger Capital is a VC fund in Huangpu backing Blockchain and Cryptocurrency. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Huangpu, China
- Total investments: 12
- Last investment: Jul 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ledgercap/
- X (Twitter): https://twitter.com/Ledgercap
- Website: https://ledgercap.co/

Ledger Capital is a financial services and investment firm focused on digital assets and blockchain enablement of the real economy.They provide capital, expertise, and managed services to exceptional teams, corporations, and government-backed initiatives that are looking to tackle problems in large mature markets and verticals with blockchaintechnology. Their core team consists of seasoned tech entrepreneurs, leaders of blockchain technology projects, and executives of top investment firms.

## Contacts

5 contacts available for Ledger Capital. Shizune tracks 3 team members at Ledger Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ledger-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$4M |
| Pre-Seed | $2M–$3M |
| Series A | $4.4M–$25M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 6 | 50% |
| Cryptocurrency | 3 | 25% |
| Bitcoin | 2 | 17% |
| Big Data | 2 | 17% |
| Financial Services | 2 | 17% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 25% |
| Series A | 3 | 25% |
| Pre-Seed | 2 | 17% |
| Angel | 1 | 8% |
| Initial Coin Offering | 1 | 8% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 4 | 33% |
| Canada | 1 | 8% |
| Austria | 1 | 8% |
| Singapore | 1 | 8% |
| South Korea | 1 | 8% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ding'An Fei | Managing Partner | 0 | https://shizune.co/investors/profile/ding-an-fei |
| Harry (Zhiqi) Miao | Vice President | 0 | https://shizune.co/investors/profile/harry-zhiqi-miao |
| Jimmy Hu | Managing Partner | 0 | https://shizune.co/investors/profile/jimmy-hu |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| PayGo | PayGo is a financial technology platform built for the machine-to-machine economy, allowing artificial intelligence (AI) agents and software tools to pay each other instantly. |  | Venture - Series Unknown | Jul 01, 2026 |  |
| NexGami | NexGami is a gamefi platform that empowers the next generation of players by reshaping the gaming landscape. | $2.5M | Seed | May 30, 2024 |  |
| Zulu Network | Zulu Network is a bitcoin networking platform.It supports EVM and UTXO for major improvements in the Bitcoin ecosystem. | $3M | Pre-Seed | Apr 04, 2024 |  |
| NexGami | NexGami is a gamefi platform that empowers the next generation of players by reshaping the gaming landscape. |  | Seed | Oct 02, 2023 |  |
| NexGami | NexGami is a gamefi platform that empowers the next generation of players by reshaping the gaming landscape. | $2M | Pre-Seed | Oct 02, 2023 |  |
| Coinpanion | Coinpanion makes investing in digital assets such as cryptocurrencies, NFTs, and DeFi products as easy as investing in stocks with ETFs. | $4M | Seed | Apr 12, 2022 |  |
| DeBank | DeBank is a portal to the brave new world of decentralized finance | $25M | Series A | Dec 28, 2021 |  |
| Ground X | Ground X is a technology company that creates a platform by integrating blockchain with other innovative techs in a global market. The company studies and develops blockchain technology to industrialize and to apply it to the real world. It aims to build a platform that will serve as a reliable and scalable solution to meet the needs of players inthe blockchain industry.Ground X was founded in 2018 and is headquartered in Seoul, South Korea. | $90M | Initial Coin Offering | Mar 11, 2019 |  |
| DeepChain | DeepChain is a blockchain news media company. | $1.5M | Seed | Jan 16, 2019 |  |
| ARPA | ARPA is a network that provides secure computation, which enables data to be shared and used without disclosing the raw data to anyone during data-at-use. The correctness of computation is verifiable even under majority malicious condition using Information-theoretic MAC and Zero- Knowledge Proof. By using state-of-the-art Multi-party Computationalong with innovative node communication scheme, our privacy-preserving computation protocol enables a new way of data monetization called Data Renting. |  | Angel | Aug 20, 2018 |  |

10 of 12 investments shown.

## Co-investors
- [BeeChat Fund](https://shizune.co/investors/profile/beechat-fund) — VC Fund, 2 deals together
- [Fundamental Labs](https://shizune.co/investors/profile/fundamental-labs) — VC Fund, 2 deals together
- [P2 Ventures](https://shizune.co/investors/profile/polygon-ventures) — VC Fund, 2 deals together
- [Achain](https://shizune.co/investors/profile/achain) — VC Fund, 1 deal together
- [Arrington XRP Capital](https://shizune.co/investors/profile/arrington-capital) — VC Fund, 1 deal together
- [Arrington XRP Capital](https://shizune.co/investors/profile/arrington-xrp-capital) — VC Fund, 1 deal together

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## FAQ

### What does Ledger Capital invest in?

Ledger Capital invests primarily in Blockchain, Cryptocurrency and Bitcoin startups, most often at Seed and Series A stage. Most of the 12 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ledger Capital's check size?

Ledger Capital typically joins rounds of $1.5M–$4M at Seed, $2M–$3M at Pre-Seed and $4.4M–$25M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ledger Capital participates in.

### How do I contact Ledger Capital?

Public channels for Ledger Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Ledger Capital?

The team at Ledger Capital includes Ding'An Fei (Managing Partner), Harry (Zhiqi) Miao (Vice President) and Jimmy Hu (Managing Partner). The Team section lists each member with their title, investment count and links.

### 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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