Pre-seed & seed · onchain FINANCE
Backing unstoppable founders building onchain finance.
Pre-seed and seed investing in the bridge between today's financial firms and onchain rails.
20
Years in TradFi
10
Years in crypto & venture
4
Techstars Web3 cohorts as MD
The Norio View
The onchain rails are live. The bridge is unfinished.
Tier 1 financial firms are building their own way onto proven rails. Everyone else needs a bridge, and Norio backs the founders building it.
About
Pete Townsend
Solo GP, Norio Ventures · Dublin
Pete Townsend is solo GP of Norio Ventures, a pre-seed and seed stage venture firm backing unstoppable founders building onchain finance.
Pete is currently building Norio Ventures Fund I, drawing on two careers that rarely sit in one person: 20 years in TradFi, including executive roles at BNP Paribas, which taught him what financial firms actually need before they move onchain, and a decade in crypto and venture, from running the Techstars Web3 Accelerator to board seats with Coinbase.
Alongside the fund, Pete advises a small number of financial firms and fintechs on moving onchain: where stablecoins and tokenization fit the business, what to build and what to buy, and how to work with the startups building the bridge.
Talks, interviews and recordings of the Techstars Web3 demo days are collected on the Media page.
MoneyNeverSleeps
300+ conversations with the people building the bridge.
A podcast hosted by Pete Townsend with the people rebuilding money, markets, and the internet from the ground up - startup founders, operators, and investors.
From the blog
Notes from the show.
Pete writes on the MoneyNeverSleeps Substack about recent episodes and the patterns that show up across them, and how they connect back to the thesis.
What you will find there
Episode notes
The ideas from a recent conversation worth writing down.
Patterns across episodes
Themes that keep coming up when different guests tell their own stories.
Where it fits the thesis
Which lane it touches, and any gap a founder could build into.
Get in touch
Start a conversation.
Building something, investing in the space, or working on an onchain project inside a financial firm? Send a message or email directly. Every note is read.