# Nic Carter

> Nic Carter is a seed investor at Castle Island Ventures backing Blockchain and Cryptocurrency. See 32 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Castle Island Ventures](https://shizune.co/investors/profile/castle-island-ventures)
- Location: Cambridge, United States
- Total investments: 32
- Last investment: Jan 2026
- Lead investor: 41%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/carternic/

Nic Carter is a partner at Castle Island Ventures and the cofounder of blockchain data aggregator Coinmetrics.io. Previously, he served as Fidelity Investments’ first cryptoasset analyst. He has a Masters in Finance and Investment from the University of Edinburgh and an undergraduate degree in Philosophy from the University of St Andrews.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 9 | 28% |
| Cryptocurrency | 7 | 22% |
| Software | 5 | 16% |
| Financial Services | 4 | 13% |
| Information Technology | 4 | 13% |

31 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 17 | 53% |
| Pre-Seed | 5 | 16% |
| Series A | 3 | 9% |
| Venture - Series Unknown | 2 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 10 | 31% |
| Canada | 1 | 3% |
| France | 1 | 3% |
| Colombia | 1 | 3% |
| Malaysia | 1 | 3% |

7 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Project Eleven | Project Eleven is a development company dedicated to advancing post-quantum cryptography solutions. | $20M | Series A | Jan 14, 2026 |  |
| ARX | ARX smart contracts and HaLo chips enable creators build decentralized, immutable and composable physical crypto assets. | $6.1M | Seed | Nov 06, 2025 |  |
| Resolvr | Resolvr facilitates cross-border reinsurance transactions at 10% of the cost and 5x the speed of traditional payment methods, greatly reducing foreign exchange costs, transaction fees, and administrative back office burden. |  | Seed | Sep 16, 2025 |  |
| RockSolid Network | RockSolid Network is a DeFi protocol offering institutional-grade liquid vaults and white-label vault solutions. | $2.8M | Pre-Seed | Sep 09, 2025 |  |
| Build on Bitcoin | Build on Bitcoin is a hybrid Layer-2 network Bitcoin blockchain | $9.5M | Venture - Series Unknown | Aug 07, 2025 |  |
| Project Eleven | Project Eleven is a development company dedicated to advancing post-quantum cryptography solutions. | $6M | Seed | Jun 18, 2025 |  |
| ZAR | ZAR establishes a connection between cash-based economies and the web3 framework, facilitating adoption of stablecoins. | $7M | Seed | Apr 30, 2025 |  |
| Surus | Surus is a platform for the future of finance, built on top of our licensed and regulated financial institution.Surus is an institutional-grade asset management, custody, and compliance. | $8M | Seed | Feb 13, 2025 |  |
| Phylax Systems | Phylax Systems is the operator of an open-source protocol platform designed to avoid hacking. Phylax System's platform censors hacks on L2 networks and supports all Ethereum virtual machine chains, giving corporations the confidence to invest in the decentralized market. | $4.5M | Seed | Nov 01, 2024 |  |
| Hata | Hata is a regulated platform where businesses & consumers can transact and access cryptocurrencies with fiat currency such as the US Dollar & Malaysia Ringgit. Our vision is to enable safe & effortless access to cryptocurrency for all. We're committed to achieve that by providing a reliable platform for all to accesscryptocurrency easily, through our commitment to customers and compliance with regulations. Hata is regulated by the Securities Commission of Malaysia as a Recognised Market Operator (Digital Asset Exchange & Digital Broker) , and the Labuan Financial Services Authority (Malaysia) as a Licensed Money Broker & Payment System Operator. Learn more at : https://hata.io | $4.2M | Seed | Oct 21, 2024 |  |

10 of 32 investments shown.

## Co-investors
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund, 5 deals together
- [Avon Ventures](https://shizune.co/investors/profile/avon-ventures) — VC Fund, 4 deals together
- [Cadenza Ventures](https://shizune.co/investors/profile/cadenza-capital-management) — VC Fund, 4 deals together
- [Bankless Ventures](https://shizune.co/investors/profile/bankless-ventures) — VC Fund, 3 deals together
- [StillMark](https://shizune.co/investors/profile/stillmark) — VC Fund, 3 deals together
- [Asymmetric](https://shizune.co/investors/profile/asymmetric) — VC Fund, 2 deals together

## About Castle Island Ventures

VC Fund · Cambridge, United States

They are a venture capital firm focused exclusively on public blockchains. They invest in infrastructure and application companies that will enable these transformative protocols to power services for the next billion users.

5 contacts available at Castle Island Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Ria Bhutoria | General Partner | https://shizune.co/investors/profile/ria-bhutoria |
| Hunter Merghart | Venture Partner | https://shizune.co/investors/profile/hunter-merghart |
| Matt Walsh | Founding Partner | https://shizune.co/investors/profile/matt-walsh-5103 |
| Nic Carter | Founding Partner | https://shizune.co/investors/profile/nic-carter |
| Sean Judge | General Partner | https://shizune.co/investors/profile/sean-judge-2 |

## Similar investors

### Similar industry
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund

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

### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Seeds Capital](https://shizune.co/investors/profile/seeds-capital) — VC Fund
- [Wavemaker Ventures](https://shizune.co/investors/profile/wavemaker-partners) — VC Fund

## Featured in investor lists
- [Payments Angel Investors in Singapore](https://shizune.co/investors/payments-angel-investors-singapore)

## FAQ

### What does Nic Carter invest in?

Nic Carter invests primarily in Blockchain, Cryptocurrency and Software startups, most often at Seed and Pre-Seed stage. Most of the 32 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 Nic Carter last invest?

The most recent investment recorded for Nic Carter closed in Jan 2026. Shizune tracks 32 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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