what's DBA?
DBA is a New York-based crypto investment firm focused on early-stage ventures in the cryptocurrency and blockchain space. The firm conducts in-depth research and provides insights through events like Research Day, covering topics such as layer-1 vs. layer-2 solutions, stablecoins, and market fundamentals. It invests in protocols, infrastructure, and innovative projects shaping the crypto ecosystem. DBA emphasizes thoughtful analysis over hype, publishing reports on trends like rollups, security inheritance, and digital cash privacy. As a VC, it supports founders building scalable, secure technologies, contributing to the broader adoption of decentralized finance and web3 applications.
DBA's 2025 thesis by Jon Charbonneau focuses on Bitcoin's execution layer via Alpen & Strata.
Links
x.com/dba_cryptoRaised $68 million for its second crypto-native venture fund, backing early-stage crypto projects focused on infrastructure and decentralized finance.
Jon Charbonneau presented DBA's thesis at the start of 2025 on Alpen Labs delivering Bitcoin's execution layer with Alpen & Strata technology.
Current validator profits and retail staking fees (25% at Coinbase) are unsustainable, signaling upcoming industry-wide yield compression.
Project leadership to present AutoFi revenue model at Permissionless IV conference panel on June 25, 2:10pm EDT.