Mapping out Delphi Digital's portfolio

Founded in 2018 by Anil Lulla, Medio Demarco, Tom Shaughnessy Jr, Kevin Kelly, and Yan Liberman, Delphi Digital began as an independent research boutique that provided analysis and research on institutions' digital asset markets. Today, the firm also provides consulting for token projects and operates a podcast and an investment venture arm launched in July 2020. 

Delphi's venture capital arm has been funded primarily using internal capital, which allows the firm to operate with a flexible mandate. Themes/verticals within the sector that the firm has been most focused on have been decentralized finance (DeFi) and productive non-fungible tokens (NFTs)/Gaming.