Kima Network Welcomes Spicy Capital as Its Strategic Partner

Kima
3 min readMay 15, 2024

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We’re happy to introduce our strategic partnership with Spicy Capital, a leading blockchain-focused venture capital firm renowned for its robust investment strategy and comprehensive support services. This investment collaboration promises to enhance Kima’s trajectory in the blockchain space, leveraging Spicy Capital’s extensive expertise and network.

About Spicy Capital

Spicy Capital stands out in the blockchain venture capital landscape, not just for its funding prowess but also for its all-encompassing approach to nurturing groundbreaking projects.

With 15 years of experience in the blockchain industry, Spicy Capital has raised hundreds of millions and successfully guided ventures such as OIG and CSP DAO, demonstrating a deep commitment to revolutionizing the blockchain industry.

Their approach goes beyond capital deployment; Spicy Capital is dedicated to supporting projects throughout their entire lifecycle. This includes:

  • Capitakraising: Spicy Capital invests between $50k and $500k, depending on factors like funding round capacity, vesting terms, etc.
  • Dedicated Marketing Team: Projects gain exclusive access to Spicy Capital’s marketing team and benefit from a suite of support elements, such as infographics, video AMAs, walkthroughs/demos of platforms, articles, and more.
  • Third-Party Services: Spicy Capital has partnered with various prominent companies to provide support in areas like incubation (Ferrum, MirMir), marketing (LunaPR), auditing (Certik/Hacken), and market making (GotBit/CoinAlpha).
  • Vast Network: The company’s extensive network includes top-tier connections with VCs, launchpads, exchanges, and over 50 projects they have invested in.
  • Advisory: Spicy Capital takes on an extensive advisory role, assisting with every step, from DEX listings to comprehensive consulting and strategic guidance.

The Kima x Spicy Capital Partnership

As part of this synergy, Spicy Capital invested in Kima Network. The investment from Spicy Capital aims to enhance the development of Kima’s technology and accelerate its development milestones, ensuring that Kima moves forward on its path to blockchain innovation.

Moreover, Spicy Capital offers its full spectrum of services to enhance Kima’s presence and effectiveness in the blockchain world.

Kima will benefit from Spicy Capital’s dedicated marketing team, gaining visibility and engagement across various platforms. The third-party services provided by Spicy Capital will also ensure that Kima’s operations are smooth and secure, with access to top-tier auditing and market-making services.

In addition, Spicy Capital’s advisory role will be instrumental for Kima, guiding it through the intricacies of the blockchain space, from DEX listings to navigating regulatory landscapes. This will enable Kima to enhance its strategic decision-making and operational efficiency.

We strongly believe that the synergy between Kima Network and Spicy Capital will not only contribute to Kima’s growth but also influence the broader adoption of blockchain technology, bridging the gap between traditional finance and the decentralized world.

About Kima

Kima is an asset-agnostic, blockchain-based decentralized settlement protocol intended to address fragmentation in crypto and the broader financial space. By introducing a new financial primitive — the Smart Transaction — and an easy-to-use SDK built for Web3 and Web 2.0 apps, Kima opens access to new audiences by enabling interchain and hybrid transactions. With a settlement layer supporting multi-ecosystem payments, peer-to-peer commerce, CeFi/DeFi services, cross-chain DEX swaps, and omnichannel wallets, Kima provides a seamless way to connect fiat and crypto while emphasizing security and accessibility.

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