Anagram

What Anagram does

Anagram is a venture capital fund and company builder focused on blockchain technology, operating under a builder-investor model in which a 20-person team of engineers and operators invests capital and works hands-on with founders to spin out companies. The firm targets novel blockchain applications and infrastructure — particularly within the Solana ecosystem — and combines direct company formation (Acre for real estate prediction markets, Uncaged for AI coding agents, Breeze for non-custodial yield, and the Anagram Staking Services Ultra Validator) with selective seed and pre-seed investments in adjacent startups (t54 Labs, VeryAI, Noise, OP_NET).

Core technology centers on three pillars: (1) high-performance Solana validator infrastructure integrating Rakurai's block-packing scheduler and DoubleZero's low-latency fiber network, producing documented outperformance of +4.19% APY versus cluster average and 42% higher block rewards since Rakurai activation; (2) proprietary market mechanism design, including LS-LMSR distribution market infrastructure that underpins Acre and is being extended toward parametric insurance and compute markets; and (3) applied research in post-quantum cryptography on Solana (ML-DSA-65 signatures, SBF syscall integration) in partnership with Bonsol Labs and BTQ Technologies. The firm also operates Uncaged, a multi-model AI coding agent platform that orchestrates Codex, GPT, Claude, and open frontier models across isolated cloud workspaces with GitHub and Slack integration.

Anagram's revenue mechanics are unconventional for a venture firm: staking services charge 0% delegator commission with revenue derived from MEV capture (Rakurai + Jito), and additional upside comes from equity returns in spun-out and portfolio companies. Its go-to-market combines direct, founder-led venture relationships (sales-led) with a self-service staking platform (stake.anagram.xyz). The firm is based in Grand Cayman (per firmographics) / listed as Anagram Ltd. in the United States, and its primary customer segments are blockchain and crypto founders, Solana stakers seeking high-yield delegation, prediction market participants, and insurance/risk entities exploring parametric products.

Name

Anagram

Legal name

Anagram Ltd.

Website

https://anagram.xyz

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Anagram is a venture builder and fund focused on Solana and blockchain, combining direct company formation (Acre, Uncaged, Breeze, Anagram Staking Services) with seed and pre-seed investments in crypto and AI startups, and earning revenue via MEV-based staking economics and equity returns.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Other Financial Vehicles (52599), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Staking Infrastructure & Validator Enablement (Middleware, Slashing Protection, MEV Relays) (FSADAHAJ)

akta.pro secondary industries

RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC), DEX Analytics, Indexers & Trading Terminals (FSADABAK), Yield Aggregators, Auto-Compounding & Strategy Vaults (DeFi Yield) (FSADAHAK)

Keywords

• Solana validator services
• Blockchain venture capital
• Crypto staking infrastructure
• Prediction market platform
• AI coding agents

Headquarters

HQ city

Grand Cayman

HQ country

Cayman Islands

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Venture Building and Investment Returns: Anagram builds and invests in blockchain companies, generating returns through equity ownership in spun-out companies. Uses builder-investor model combining financial capital with hands-on operational involvement.
2. Staking Services: Validator services for Solana network with 0% commission. Revenue generated from validator rewards on delegated stake. Additional revenue through MEV capture and block reward optimization via Rakurai scheduler integration.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Anagram operates a Solana Ultra Validator (Anagram Staking Services) delivering high-performance staking infrastructure with 0% commission, while also building and investing in blockchain-native products including Acre (a real estate prediction market platform) and Uncaged (a background AI coding agent platform). The firm acts as a builder-investor, providing both financial capital and hands-on engineering support to spin out and fund early-stage blockchain companies.

Product overview

Anagram is a modern institution for blockchain technology, operating as both an investor and builder. The company has launched three distinct products: Anagram Staking Services is an Ultra Validator for Solana offering high-performance staking infrastructure with advanced transaction scheduling; Acre is a real estate prediction market platform enabling price discovery and leveraged trading on property markets; and Uncaged is an AI coding agent platform featuring autonomous background agents that work in parallel across isolated cloud workspaces. The company also conducts research in parametric insurance, post-quantum cryptography, and semi-fungible asset markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Anagram Staking Services Enterprise-grade Solana Ultra Validator that lets SOL holders delegate stake to capture predictable staking rewards with 0% commission, projected 5.86% base APY (boosted to 6.16% above 5,000 SOL), 100% uptime last epoch, and #15 Firedancer rank. Includes bespoke reward structures for institutions, DAOs, and market makers.
• Acre Real estate prediction market platform that lets consumers and investors trade views on home prices and obtain leveraged exposure to real estate outcomes through a prediction market layer and a perpetuals layer, built on LS-LMSR market-making infrastructure for real-time price discovery.
• Uncaged Background AI coding agent platform that runs autonomous agents in parallel across fully isolated cloud workspaces, with native Git workflow, GitHub and Slack integration, and a multi-model picker (OpenAI Codex 5.3, GPT-5.2, Anthropic Claude Opus 4.6, Sonnet 4.5, K2.5, GLM-5) for software engineering teams.

Quantifiable outcome

• Validator outperforms cluster average by +4.19% on average
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• RakuraicoreTechnology or IntegrationRakurai is an advanced scheduler and block-packing framework integrated into Anagram Staking Services. It reorganizes Solana transactions for sorting, prioritization, and execution, maximizing throughput and enabling larger, denser blocks with consistent 8%+ staking rewards vs ~6.5% network average.
• DoubleZerocoreTechnology or IntegrationDoubleZero is a fastlane Internet layer using dedicated global fiber network integrated with Anagram Staking validator. It reduces inter-validator latency by several milliseconds through land and sea fiber routes, improving transaction landing reliability and block reward capture.
• Bonsol LabsminorStrategic or Co-development PartnerPartnership on post-quantum cryptography research including industry-first NIST-standardized post-quantum signature verification on Solana blockchain. Bonsol Labs developed Sombra, a quantum-safe private payments protocol.
• BTQ TechnologiesminorStrategic or Co-development PartnerBTQ Technologies partnered with Bonsol Labs to achieve industry-first NIST-standardized post-quantum cryptography signature verification on Solana, addressing quantum security vulnerabilities.
• BreezeminorStrategic or Co-development PartnerBreeze is a non-custodial yield platform spun out by Anagram that automatically directs block rewards into optimized yield strategies, integrated with Anagram Staking Services.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Polychain Capital: One of the largest dedicated crypto venture funds with broad portfolio across DeFi, infrastructure, and applications. Overlaps with Anagram as co-investor (led VeryAI round) and represents a comparable venture builder thesis.
• Galaxy Digital: Public crypto financial services firm with trading, asset management, staking, and venture activities. Comparable breadth across crypto verticals but at much larger scale and with public-market access.

Direct peers

• Figment: Institutional-grade staking infrastructure provider across multiple Proof-of-Stake networks including Solana. Most directly comparable peer given overlapping product offering (validator services for institutional and individual delegators) and infrastructure-focused approach.
• P2P.org: Institutional staking provider running validators across dozens of networks. Similar infrastructure-led model and target customer base as Anagram's staking business.
• Marinade Finance: Solana-native liquid staking protocol that aggregates stake across multiple validators. Direct competitor in the Solana staking ecosystem and relevant benchmark for stake delegation and yield optimization.
• Chorus One: Operates validators across multiple PoS networks with a focus on MEV optimization and high-performance infrastructure. Comparable to Anagram Staking Services on the operational product line.
• Everstake: Multi-chain non-custodial staking provider with validator operations across major PoS networks. Comparable scale and service model to Anagram Staking Services.

Emerging players

• Paradigm: Crypto-native investment firm known for deep technical research and builder involvement. Comparable builder-investor model and shared investment in prediction markets via Noise; Anagram is smaller and more vertically integrated with its own validator.
• Jump Crypto: Trading and infrastructure arm of Jump Trading focused on crypto, including validator operations and protocol development. Comparable builder-investor model with operational crypto infrastructure (including Solana validator work).

Others

• Multicoin Capital: Crypto-native investment firm with thesis-driven investing across DeFi, infrastructure, and applications. Indirect peer as co-investor and capital allocator in the same blockchain ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/anagramxyz

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments44 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anagram