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Case studies

The work, and what it produced.

Selected mandates across advisory, capital formation, and companies GDA founded outright. Each records what the firm was asked to do, what it built, and what resulted.

01

Metaverse Group

Innovation · Founded and exited

Founded, capitalized, and sold to a listed company in two years.

$12.5M · Financing secured  ·  2020–2022

02

Regulated Financial Institution

Innovation · Structured offering

A regulated financial institution issuing its own instrument.

8 figures · Capital raised  ·  2022

03

DigitalBits

Innovation · Market development

Blue-chip brand partnerships for a consumer protocol.

$50M+ · Capitalization introduced  ·  2020–2021

04

TRON

Innovation · Global distribution

Taking a China-founded network into Western markets.

$4.5B · Peak capitalization  ·  2017–2018

05

Omni3

Investment Banking · Acquisition

Acquiring an operating presence in Southeast Asia.

Singapore · Partner hub established  ·  2024

06

Flashy Group

The primary case · Founded, rolled up, agent-operated

Rolling up a category and running it on the firm's own thesis.

6 · GDA-led transactions  ·  2022–present

07

Cleo.xyz

Investment Banking · Ecosystem expansion

Two acquisitions to a complete decentralized engagement ecosystem.

2 · GDA-led acquisitions  ·  2024–2025

08

Blockchain Moon Acquisition Corp

Public Equity · Founding member

The first blockchain SPAC on Nasdaq.

~$100M · Market capitalization at listing  ·  Formation through listing

09

Bitmap Holdings

Innovation · Founded and exited

The same digital land thesis, rebuilt on Bitcoin.

2nd · Digital land company founded and exited  ·  Formation through the 2025 exit

10

The AAO Stack

Innovation · Infrastructure build-out

After rolling up the category, the firm built its operating infrastructure.

7 · Stack layers, one thesis  ·  Ongoing · open layer live August 2026

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The Digital Asset Digest and the firm’s research — market structure, transactions, and the theses behind the firm’s positions. Sent when there is something worth reading, and not otherwise.

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