The firm said cash returned across its funds has surpassed its roughly $286 million in aggregate committed capital, while incubated platform Grail.xyz has logged early user, volume and revenue growth since May.
1confirmation said cumulative cash distributions across its funds reached about $317 million by Q2 2026, exceeding roughly $286 million in total committed capital. In a public letter to LPs, the crypto-focused venture firm also said incubated tokenized-collectibles platform Grail.xyz has attracted more than 9,000 users, generated over $1.15 million in volume and produced more than $165,000 in revenue since its early-May launch. The update adds operating traction at a portfolio company to the firm's previously disclosed fund-level cash return milestone.