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Hong Kong · Vietnam · Canada · since 2021

Advancing the future of digital finance.

Early-stage Web3 investment and institutional-grade digital asset advisory, built as one firm. 100+ investments and incubations since 2021.

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Venture capital M&A advisory Tokenization Capital markets

Our investment experience informs our advisory practice. Our advisory relationships generate proprietary deal flow. One firm, compounding market intelligence with execution capability.

100+
Investments & incubations: 4
Years of market cycles: 3
Offices worldwide

01
Capital meets infrastructure

We connect high-growth Web3 founders with institutional capital, governance frameworks, and the exchange relationships needed to scale.
02
Institutions, guided into digital assets

M&A mandates, Digital Asset Treasury structuring, and RWA tokenization for corporations and family offices navigating the TradFi–Web3 convergence.
03
Proprietary deal flow, institutional precision

100+ investments across four years of market cycles generate intelligence, network depth, and relationships unavailable through traditional advisory firms.

Lavender Capital

Venture & growth investment

Venture capital for the infrastructure layer of Web3. Actively investing since 2021: token launches, Tier-1 exchange relationships, and go-to-market strategy across 100+ investments and incubations.

Infrastructure: Payments rails, custody technology, and compliance tooling built for institutional adoption.
Protocols: Layer 1/2 protocols, DeFi primitives, and trust-minimised infrastructure enhancing security and capital efficiency.
Adoption: Consumer and enterprise applications with real user traction: wallets, marketplaces, on-chain services.

More than capital: a collaborative partner to founders turning visionary ideas into market-leading infrastructure.

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Janys Capital

Strategic advisory · M&A brokerage

Boutique advisory for the convergence of TradFi and digital assets. Strategic foresight and rigorous execution for family offices, institutions, and high-net-worth individuals, across M&A mandates, tokenization structuring, and digital asset capital markets.

Family offices evaluating digital asset positioning, governance, and exposure pathways.
Institutions seeking practical routes into Web3 within their risk and compliance standards.
GPs, foundations, and large token holders seeking structured liquidity or secondary solutions.

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Our mandate

Three areas where we operate.

Engagements are selective and relationship-driven. The most significant mandates are handled privately and shared only with qualified counterparties.

M.01 M&A Advisory & Brokerage

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, licensed financial infrastructure (EMI, PI, MSB, VASP), DeFi protocols and Layer 1/2 projects, SaaS and trading tooling, media, iGaming, and frontier technology companies.

Request deal flow access

M.02 Tokenization & Pre-IPO Structuring

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 top-10 CEX distribution in place.
GP liquidity solutions via Layer 1 SPV structures for monetising pre-IPO positions.
End-to-end compliance layering: platform approval, SFC coordination, full regulatory sign-off.

All structures are designed to be legal, compliant, and distribution-ready.

M.03 OTC, Fundraising & Capital Markets

OTC & secondary markets: direct engagement with buyers and sellers of digital asset positions. Counterparties include custodians, family offices, hedge funds, and Web3-native holders. OTC block trades, SAFTs, SAFEs, private equity, and locked token allocations.

Selective fundraising: strategy and transaction narrative, financial model review, investor targeting and outreach, term sheet negotiation, and closing coordination. We take engagements where our network creates genuine strategic advantage.

A collective built across banking, strategy, crypto markets, technology, and law.

Francis So
Director & Founder

Over 25 years of institutional banking, including Deputy CEO of HSBC Macau. Founder of Lavender Capital with 80+ seed and private-stage investments; Director of Alphabatem Labs.
Lavender · Janys
Kenny Cheung
Director

Strategic investments and portfolio management. Previously Head of Strategy and Partnerships for The Yeh Family Philanthropy and Vice President at HSBC.
Lavender · Janys
Matthew Cheung
Partner Advisor

9+ years in digital assets. Began at OKX; most recently Chief Strategy Officer at HKVAX. Deep expertise in Digital Asset Treasury and RWA tokenization for listed companies.
Janys
Rajan Raj
Director

Digital asset marketer and ecosystem builder since 2016. Advisor to numerous Web3 projects on go-to-market, community, and exchange relationships across Southeast Asia and globally.
Lavender
Gilbert Ng
Legal Advisor

Crypto-focused legal practitioner with nearly a decade of experience. Former Head of Legal at two major blockchain groups; expert in M&A, licensing, and regulatory relations across Asia-Pacific.
Lavender · Janys