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Castle Island Ventures: Investing in Infrastructure

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Castle Island Ventures is an early-stage venture fund with a focus on equity investments at the pre-seed or seed level into companies that are building in and around permissionless blockchains. Listen to hear from some of the smartest investors in the space--co-founders and managing partners of Castle Island, Nic Carter and Matt Walsh--as they discuss current trends, predictions, and what they’re looking out for. Pick and shovel oriented businesses Castle Island has the view that permissionless blockchains are a new paradigm with infrastructure still needed for support. Infrastructure to them means things like key management, custody services, exchange technology, data companies--what they call “pick and shovel oriented businesses.” “I think most people can agree that there’s a level of this plumbing that just needs to exist in order for any of these things to be successful,” says Walsh, “for an institution to get comfortable holding these assets and giving their customers access to them.” Altering the topolo