Onigiri Capital

Overview

Onigiri Capital is a Singapore-based venture capital firm specializing in blockchain and cryptocurrency investments. The firm was established in 2025 as a subsidiary of Saison Capital, the venture arm of Japan's Credit Saison. Onigiri Capital aims to support startups developing real-world asset solutions across various sectors, including stablecoins, payments, tokenized assets, decentralized finance (DeFi), and financial markets infrastructure. The fund has secured commitments totaling $35 million from financial institutions in Asia and the United States, with a target size of $50 million. The investment team comprises experienced professionals such as Looi Qin En, a partner at Saison Capital, and Hans de Back, managing partner at Onigiri Capital. The fund leverages the network of its parent company, Credit Saison Group, and other financial institutions across Asia to provide portfolio companies with access to banks, asset managers, and insurers in the region. This strategic approach aims to complement existing product investors by offering founders a combination of Silicon Valley's innovation and Asia's institutional validation, thereby contributing to the transformation of the financial sector over the medium to long term. The fund's focus on real-world asset tokenization aligns with the growing adoption of blockchain technology at the institutional level, as evidenced by major financial institutions integrating blockchain into their infrastructure. Onigiri Capital seeks to identify and support high-quality solutions that meet institutional, global finance standards, thereby fostering innovation and growth in the blockchain and cryptocurrency sectors. The firm's investment strategy is centered on early-stage startups that are building applications in blockchain technology for the financial industry. By focusing on areas such as stablecoins, payments, asset tokenization, decentralized finance, and financial infrastructure, Onigiri Capital aims to drive innovation and growth in the blockchain and cryptocurrency sectors. The fund's approach combines the innovative spirit of Silicon Valley with the institutional validation of Asia, providing a unique value proposition to founders and portfolio companies. This strategy reflects a commitment to supporting the development of blockchain solutions that have the potential to transform the financial sector. Onigiri Capital's establishment and its focus on blockchain and cryptocurrency investments underscore the growing importance of these technologies in the financial industry. The firm's strategic approach and its backing by established financial institutions position it as a significant player in the venture capital landscape, particularly in the realm of blockchain and digital asset investments. By leveraging its network and expertise, Onigiri Capital aims to identify and support startups that are at the forefront of blockchain innovation, contributing to the evolution of the financial sector in Asia and beyond.

Investment Focus

• Startups developing real-world asset solutions in blockchain and cryptocurrency sectors