At HCM Capital, we invest in groundbreaking ideas, incubate visionary teams, and educate communities on Bitcoin’s transformative power. By advancing decentralization and open-source technologies, we build a more inclusive and sovereign future.
Jack Lee
Founding Managing Partner
HCM Capital is a cross-border professional investment platform. Leveraging our deep operating expertise in Asia and global networks, we assist our portfolio partners in accelerating growth and building more equitable and inclusive financial ecosystems.
Partnering with global educators, we make Bitcoin knowledge accessible and engaging for everyone. Our educational branch, Bit Theory, is designed specifically for beginners, offering simple and practical resources to help anyone take their first steps into the world of Bitcoin.
We empower young talents and startups to create innovative tools and platforms that strengthen the Bitcoin ecosystem. By backing advancements in areas such as communication protocols and scalability solutions, we help expand Bitcoin’s functionality and reach.
We invest in visionary Bitcoin projects that drive innovation and shape the future of decentralized finance. Our goal is to support initiatives that strengthen the Bitcoin ecosystem and promote financial empowerment globally.
Bitcoin is Unstoppable
It’s a resilient, censorship-resistant network, giving people true control over their wealth, even in unstable regimes.
Bitcoin Provides Decentralized Security
Its proof-of-work system is unmatched in securing a global ledger against attacks.
Bitcoin Drives Open-Source Evolution
Constantly improving through community-driven advancements, making it faster and scalable.
«发现比特币»是一档中文比特币播客,致力于普及比特币知识并启发听众。由热衷于比特币的倡导者主持,播客涵盖从比特币基础到其在重塑全球金融和赋权个体方面的重要作用等广泛话题。每一集内容将复杂的概念深入浅出地进行解析,同时还邀请各领域的比特币专家进行深度访谈,为听众带来多角度的精彩见解。这是比特币新手和资深爱好者的理想学习资源。
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Digital Currency Group, Inc. operates as an ecosystem investment platfrom. It is an early stage investor in Bitcoin and blockchain technology sectors. It also runs fully-owned subsidiaries such as Asset Management Trust funds Greyscale, crypto exchange Luno, bitcoin mining platform Foundry and venture investments in crypto and bitcoin space, etc. HCM invested DCG in Mar. 2016.
Abra is a silicon valley based all-in-app which enables the users to buy, sell, and hold over 30 crypto currencies, 50 fiat currencies, and first of its kind crypto index (the BIT10). Abra’s vision is to build an open, global financial system that is easily accessible by everyone, everywhere. HCM invested Abra in Oct. 2017.
Figure Markets evolved from the Figure Group in May 2024. It is a decentralized platform that enables investors to trade a diverse array of assets, including cryptocurrencies, stocks, and alternative investments. HCM invested in Figure in April 2019 and November 2019.
Unchained Capital is a Bitcoin-native financial services company. It offers collaborative custody, trading desk, bitcoin-backed loans, and bitcoin retirement accounts. These services are backed by the company’s multi-signature cold storage custody solution, thereby enabling users to get more value from their assets today and in the future. The company was founded in 2017 and is headquartered in Austin, TX. HCM invested Unchained Capital in Jul. 2021.
Swan is a bitcoin investment platform intended to make bitcoin purchasing easy with a goal to create 10 million new Bitcoiners. The company’s platform offers the option of automatic recurring purchase of bitcoins which steadily converts dollars to Bitcoin savings, enabling automatic delivery of bitcoin to wallet or storage for free with a licensed and regulated custodian. Swan Private, a service for corporations and high net worth individuals, guides the clients toward building generational wealth with Bitcoin. HCM invested Swan in Sept. 2021.
Founded in 2019 under the idea that 24/7 power markets will benefit from 24/7 financial settlement enabled by the Bitcoin network. The company is building a market strategy for bitcoin miners to procure low-cost renewable energy. It seeks to power bitcoin with renewable energy by connecting data centers with BTC miners. HCM invested in Satoshi Energy in Oct. 2021.
Satlantis is a location-centric social network that bridges digital and physical spaces. By embracing Nostr for portable identity and social graphs, it offers a truly unique, relevant, and dynamic social experience for nomads, travelers, and community members. With Bitcoin integrated for monetization, Satlantis aims to be the first killer app for Nostr, transforming the internet with sovereign identity, portable social graphs, and global internet-native money. HCM invested in Satlantis in June 2024.
Provenance is a distributed, proof of stake blockchain designed for the financial services industry. Banks, funds, asset originators and technology companies use Provenance for loan origination, servicing and financing, marketplace trading, fund custody and administration, banking and payments, and private company cap table management. Over $2.5B in digital loans have been traded on Provenance. HCM invested Provenance in Jun. 2019.
LifPay is a Bitcoin and Lightning wallet developed to enable efficient, global transactions. The platform focuses on providing a seamless experience for individuals and businesses with features such as customizable Lightning addresses, personal payment pages, and support for NFC gift cards. Incubated by HCM, LifPay aims to simplify the use of Bitcoin for payments while expanding its utility.
Lumin is a Bitcoin multisig wallet designed to prioritize security and self-sovereignty. It offers features such as 2-of-3 multisig vaults, backup assurance, and compatibility with leading hardware wallets. By integrating advanced security measures and a user-friendly design, Lumin provides a reliable solution for safeguarding digital assets. HCM incubates Lumin as part of its commitment to advancing Bitcoin infrastructure.
An HCM Capital incubated company, Chained Finance, uses blockchain technology in order to streamline the financing of deep-tier supplies in manufacturing. HCM invested in Chained Finance in Apr. 2017.
TDTC specializes in Bitcoin mining, with operations spanning the United States, Asia, and Africa. The company leverages advanced technologies and regional expertise to drive sustainable growth in the Bitcoin mining sector. HCM Capital invested in the TDTC Ethiopia project in November 2024.
Jack founded HCM Capital in 2014 and has been investing across from digital assets, Fintech to, in recent years, Bitcoin space. He currently sits on the board of Abra. Jack was previously Board Director at Galaxy Digital, Cambridge Blockchain (acquired), FnConn, etc. He also serves as a strategic advisor to Figure Technologies, and as a Fellow at SUSS (Singapore University of Social Science). Jack spent a decade at Foxconn where he led over 10 strategic investments to strengthen Foxconn’s value chain in the global tech arena. Prior to that, he was an investment banker at JP Morgan, Citi, etc in Taiwan. Jack received his MBA from UCLA Anderson School and BBA from National Taiwan University.
Meet Jerry, a passionate Bitcoin evangelist and the dynamic host of the Bitcoin Discovery podcast. With years of hands-on experience in the Bitcoin space, Jerry is a visionary with a profound understanding of Bitcoin potential. His expertise spans product development, where he strategically enhances user experiences across various Bitcoin platforms. Beyond his professional pursuits, Jerry is fervently dedicated to growing the community. His passion lies in fostering connections, sharing insights, and actively contributing to the collective journey of Bitcoin enthusiasts.
Beth is responsible for post-investment management of portfolio companies and financial operations at HCM Capital. Prior to joining HCM Capital, she accumulated over ten years of experience in auditing and post-investment management, working with PwC, Noah Wealth Management, and AVIC Capital.
She is a Certified Public Accountant (CPA) in China and holds a Level A Certificate in Judicial Accounting. Beth earned her MBA from the Marshall School of Business at the University of Southern California and holds a bachelor’s degree in Financial Engineering from Shanghai University of Finance and Economics.
Jim has 13 years of experience in the Fintech space, and over 5 years of experience in the blockchain space, he has worked for OCBC Bank, TCL Finance, Chained Finance, as a technical expert, technical manager and technical director. He is a Bitcoin enthusiast, currently focusing on Bitcoin technical research and leading a Bitcoin project.
An is the Investment&Research Manager at HCM Capital, where she focuses on project research and evaluation, as well as conducting research on macroeconomics and analyzing the Bitcoin industry. Before joining HCM Capital, An served as an analyst at Dialogue Capital, a boutique investment bank specializing in the private market. Prior to her time at Dialogue Capital, she worked on real estate acquisition analysis at CSS. An started her career at BNY Mellon after obtaining her Master’s degree in Finance from Johns Hopkins University, and her Bachelor’s degree in Financial Planning from Purdue University.
With expertise in social media strategy and digital marketing, Jingmiao plays a key role in advancing HCM Capital’s presence in the Bitcoin space. She holds a Master’s degree in Integrated Marketing from New York University and a Bachelor’s degree in Economics from Rutgers University. During her academic journey, she developed a solid foundation in content creation, audience engagement, and data analysis, which she further refined through hands-on experience managing social media campaigns across industries. Her creativity and adaptability make her an asset to the team, thriving in the fast-paced and evolving Bitcoin ecosystem.
Jack founded HCM Capital in 2014 and has been investing across from digital assets, Fintech to, in recent years, Bitcoin space. He currently sits on the board of Abra. Jack was previously Board Director at Galaxy Digital, Cambridge Blockchain (acquired), FnConn, etc. He also serves as a strategic advisor to Figure Technologies, and as a Fellow at SUSS (Singapore University of Social Science). Jack spent a decade at Foxconn where he led over 10 strategic investments to strengthen Foxconn’s value chain in the global tech arena. Prior to that, he was an investment banker at JP Morgan, Citi, etc in Taiwan. Jack received his MBA from UCLA Anderson School and BBA from National Taiwan University.