Fixed Supply backs the ambitious digital assets of tomorrow.

Every once in a while, a new technology comes along that changes everything. The internet defined the past few decades of innovation. We believe open-source digital assets will define the next few decades.

Our approach is flexible, long-term, multi-stage, and global. We often get involved at the earliest stages of formation and support our portfolio with additional capital over time.

We are open to partnering with exceptional accredited investors who have an interest in exploring the digital frontier — send us an email.

We are venturing into the fourth chapter of the human story.

The first three chapters — hunter-gatherer societies, agricultural societies, and industrial societies — vastly transformed how humans interface with our world and with each other.

The fourth societal shift we are grappling with is the digital revolution: the terraforming of human capability through software and networks.

In 1972, paleontologists Niles Eldredge and Stephen Jay Gould proposed the theory of punctuated equilibrium. Essentially, it states that evolution takes place in short, rapid bursts. Under this principle, species exist in a period of stasis for millions of years at a time. It is only when major events occur that change happens. And when it does happen, it’s dramatic.

There are many general-purpose technologies that have profoundly affected humanity: the written word, electricity, agriculture, steam power, precision clocks, iron metallurgy, and token currencies to name a few.

Two of these can be considered soft technology: money and writing.

Seemingly ephemeral in nature, soft technologies embody and adapt to many physical forms.

Money can be a gold token, a paper bill, or a number in a database, much the same way language can be encapsulated in a clay tablet, a paper book, or this website copy.

Software is a key new soft technology driving our digital chapter. But even with this shift in how humans interact for work and for play, we had yet to unlock the true potential of the relational database: a software-empowered technology that stores, sorts, and filters information about our world.

In 2008, a revolutionary white paper was released demonstrating how to create a singular, universal, canonical open-source database that allows even sworn enemies to mutually agree upon a singular source of truth.

This is a seismic shift in the universe on the level of writing, money, and precision timekeeping — and in fact evolves each. This technology introduced the new field of digital assets.

Information evolved, from clay to paper to digital—from individual siloes to corporate databases and now towards a universal database.

We have deep conviction on the future of digital assets, and focus our efforts in scaling the infrastructure towards a brighter future.