Balaji Srinivasan’s Top 5 Investments, Portfolio and Ideas

3. Axoni

Axoni is a New York-based capital markets technology firm that specializes in distributed ledger infrastructure. The products offered by the company include blockchain deployments. It was founded in 2013 and has managed to raise more than $90 million in financing since then, including more than $31 million in the latest round in February 2021. Nyca Partners is a top investor in the startup that has a post money valuation of up to $500 million. Srinivasan has also backed this firm with venture capital. 

In 2020, Forbes magazine named the company in the list of top fintech companies in the world. Social network LinkedIn has also named Axoni on a list of the most sought-after startups globally. The competitors of the firm include BlockStack, BlockApps, and Oracle Blockchain Platform, owned by Oracle Corporation (NYSE: ORCL). Deutsche Bank is one of the investors in the startup as well.