Advancing the future of digital finance since 2021.
A dual-entity firm bridging the gap between high-growth Web3 innovation and institutional-grade financial strategy. With over five years of market-leading experience, we empower the next generation of decentralised technology and the institutions that support it.
A Unified Force Across the Digital Asset Value Chain
Our investment experience informs our advisory practice. Our advisory relationships generate proprietary deal flow — a virtuous cycle of market intelligence and execution capability.
Capital meets infrastructure
We connect high-growth Web3 founders with institutional capital, governance frameworks, and the exchange relationships needed to scale.
Guide institutions into digital assets
M&A mandates, Digital Asset Treasury structuring, and RWA tokenization for corporations and family offices navigating the TradFi–Web3 convergence.
Proprietary deal flow, institutional precision
100+ investments across four years of market cycles generate proprietary intelligence, network depth, and institutional relationships unavailable through traditional advisory firms.
Venture capital for the infrastructure layer of Web3.
We are a growth-oriented Web3 and blockchain venture capital firm, actively investing since 2021. With deep understanding of industry trends and strong experience across token launches, Tier-1 exchange relationships, and go-to-market strategy, we have deployed capital across 100+ investments and incubations.
More than capital
We act as more than a source of funding — we are a collaborative partner dedicated to empowering founders as they transition visionary ideas into market-leading infrastructure.
Projects that bridge Web2 and Web3 at the infrastructure layer — payments rails, custody technology, and compliance tooling built for institutional adoption.
Solutions enhancing security, transparency, capital efficiency, and DeFi. Layer 1/2 protocols, DeFi primitives, and trust-minimised infrastructure.
Consumer-facing and enterprise blockchain applications driving mainstream adoption — wallets, marketplaces, on-chain consumer apps, and on-chain services with real user traction.
Investment Focus
Where Lavender spends its attention
Infrastructure: payments rails, custody, compliance and foundational systems.
Protocols: DeFi primitives, security, transparency and capital efficiency layers.
Adoption: consumer and enterprise applications with real traction.
Boutique advisory for the convergence of TradFi and digital assets.
A boutique advisory firm dedicated to navigating the convergence of Web2 capital and Web3 innovation. We provide family offices, institutions, and high-net-worth individuals with the strategic foresight and rigorous execution required to capture value — across M&A mandates, tokenization structuring, and digital asset capital markets.
Advisory & Operational Excellence
We combine deep tier technical expertise with traditional financial discipline to maximise long-term shareholder value. Beyond providing counsel, we act as an active operational partner to ensure your vision is backed by the infrastructure required to scale.
Strategic foresight for family offices, institutions, and high-net-worth individuals evaluating M&A, Digital Asset Treasury, and RWA opportunities.
Institutional-grade execution support across market entry, operating structure, governance, and long-term shareholder value creation.
Operational partnership model: blending deep technical expertise with traditional financial discipline and rigorous compliance frameworks.
Our Mandate
Three areas where we operate.
Our engagements are selective and relationship-driven. The most significant mandates are handled privately and shared only with qualified counterparties. If any of the three areas below is relevant to you, reach out directly.
01 M&A Advisory & Brokerage
Acquisition and divestiture of digital asset businesses
We source, structure, and broker acquisitions across the full spectrum of regulated and crypto-native digital asset businesses. Buy-side and sell-side mandates handled with institutional discretion.
Coverage: licensed crypto exchanges and payment platforms, staking and node infrastructure firms, licensed financial infrastructure (EMI, PI, MSB, VASP), DeFi protocols and Layer 1/2 projects, SaaS and trading tooling businesses, media, iGaming, and frontier technology companies.
→ The most significant mandates are handled privately and shared only with qualified buyers. Contact us to request access to current deal flow.
02 Tokenization & Pre-IPO Structuring
Alternative asset access for retail and institutional investors
We work with an SFC-licensed platform in Hong Kong to bring alternative assets — including Pre-IPO tokens and structured equity positions — to retail and institutional investors.
Pre-IPO token brokerage via SFC-licensed HK platform, with distribution through top-10 CEX partnerships already in place.
GP liquidity solutions — working with GPs seeking to monetise a portion of pre-IPO positions via Layer 1 SPV structures.
End-to-end compliance layering: platform approval, SFC and distribution entity coordination, and full regulatory sign-off.
All structures are designed to be legal, compliant, and distribution-ready.
→ Reach out to discuss specific assets or mandates.
03 OTC, Fundraising & Capital Markets
Secondary positions, liquidity solutions, and selective fundraising
OTC & Secondary Markets: We engage directly with buyers and sellers of digital asset positions — counterparties include custodians, family offices, hedge funds, and Web3 native holders.
Positions covered: OTC block trades, SAFTs, SAFEs, private equity, and locked token allocations. Structured liquidity solutions for foundations, large token holders, and projects across our provider network.
Selective Fundraising: We take on fundraising engagements where our network creates a genuine strategic advantage and the relationship has long-term potential beyond the raise.
Fundraising scope: strategy and transaction narrative, financial model review, investor targeting and outreach, term sheet review and negotiation, round structuring and closing coordination.
→ Engagements are selective. Reach out with your situation — we will let you know quickly whether there is a genuine fit.
Who We Work With
Family offices evaluating digital asset positioning, governance, and exposure pathways.
Institutions seeking practical routes into Web3 without compromising their risk and compliance standards.
High-net-worth individuals requiring disciplined, strategic execution in a fast-moving digital asset market.
GPs, foundations, and large token holders seeking structured liquidity or secondary market solutions.
The right mandate deserves the right partner.
We work with a limited number of clients at any time. If your situation fits one of our three areas, reach out — we respond to every serious enquiry directly.
Team
A collective built across banking, strategy, crypto markets, technology, and law.
A collective united by deep hands-on experience in the digital asset ecosystem. We don't just advise — we incubate, accelerate, and scale the next generation of Web3 innovation.
Francis So
Director & Founder
Over 25 years of institutional banking experience, including Deputy CEO of HSBC Macau. Founder and Managing Partner of Lavender Capital with 80+ seed and private-stage investments. Serves as Director of Alphabatem Labs, a next-generation Web3 infrastructure and Solana development company. Career defined by driving technological adoption within complex, regulated financial environments.
Lavender · Janys
Kenny Cheung
Director
Director overseeing strategic investments and portfolio management. Previously Head of Strategy and Partnerships for The Yeh Family Philanthropy and Vice President at HSBC. Blends philanthropic strategy, institutional finance, and private wealth management to provide a sophisticated perspective on portfolio optimisation and long-term asset growth.
Lavender · Janys
Matthew Cheung
Partner Advisor
9+ years in crypto and digital assets. Career began at OKX; most recently Chief Strategy Officer at HKVAX — one of Hong Kong’s first licensed digital asset exchanges. Trusted advisor to Evident Capital and BitKub. Deep expertise in Digital Asset Treasury, RWA tokenization, and strategic initiatives for listed companies.
Janys Capital
Rajan Raj
Director
Digital asset marketer and ecosystem builder since 2016. Advisor to numerous Web3 projects on go-to-market strategy, community development, and exchange relationships. Manages partnership development and ecosystem relations across Southeast Asia and globally.
Lavender Capital
Gilbert Ng
Legal Advisor
Premier crypto-focused legal practitioner with nearly a decade of experience. Former Head of Legal at two major blockchain groups. Recognised expert in M&A, licensing, and regulatory relations across Asia-Pacific. Provides the legal scaffolding ensuring innovation is built upon secure, compliant, and sustainable frameworks.
Lavender · Janys
Contact
Tell us about your situation and what you're looking to achieve.
We'll be in touch promptly to discuss how we can collaborate. Strictly confidential. We respond within 2 business days.