VC firm
AlphaLab
Also known as AlphaLab Capital, Caladan
- Investor type
- VC
- Headquarters
- Pittsburgh, PA, United States
- Check size
- Our standard investment terms are 3% via a fixed percentage convertible equity instrument, plus a $100K uncapped SAFE, deployed as two $50K SAFEs.Source (opens in a new tab)
- Legal name
- CLDN SG PTE. LTD.
- alphalab.org (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 30 September 2026
About
Caladan brings rationality to strange and unruly markets. We explore the frontier of finance, seek out new opportunities, and make markets more efficient and honest wherever we go. We support exchanges, tokens, and institutional investors with on-exchange liquidity, DeFi expertise, treasury solutions, and investments. Since 2017 we've been a pioneer in crypto market-making, powering over $170B in annual transactions across 1000+ assets.
Investment approach
- Thesis
- We view blockchain as a foundational shift in financial infrastructure—on par with historic breakthroughs like ship-building during the Age of Exploration or the invention of the internet’s TCP/IP. At Caladan, we work at the frontier of this transformation, helping partners unlock liquidity, drive adoption, and support price discovery across a rapidly evolving crypto landscape.Source (opens in a new tab)
- Investing status notes
- Investing in pre-seed and seed stage companies across blockchain infrastructure, DeFi, analytics, and security.