ADA (Cardano)

Category: Layer-1 High-Assurance Blockchain

Investment Thesis:
Cardano represents one of the most research-driven and methodologically robust L1 architectures in the industry.
Its commitment to formal verification, predictable governance, and modular scaling systems (Hydra, Midnight, community-run sidechains) supports long-term adoption across institutional and decentralized applications.
The Q4 2025 allocation reflects Yellowmute’s conviction in Cardano’s upcoming expansion of commercial partnerships, increasing stablecoin presence, and maturing DeFi ecosystem.

HBAR (Hedera Hashgraph)

Category: Enterprise Distributed Ledger / RWA Infrastructure

Investment Thesis:
Hedera stands apart with its enterprise-governed council — including global corporations such as Google, IBM, Dell, and Deutsche Telekom — and its DAG-based consensus optimized for throughput and compliance.
HBAR is positioned to capture value from the surge in tokenized assets, enterprise settlement layers, and government-led digital financial infrastructure.
This aligns tightly with Yellowmute’s broader thesis on institutional adoption of blockchain rails in 2026.

SUI

Category: High-Performance L1 / Move Ecosystem

Investment Thesis:
Sui’s parallelized execution engine and Move-based programming environment enable unprecedented throughput and safety for next-gen decentralized applications.
Its architecture supports high-frequency trading, complex gaming economies, payment rails, and scalable DeFi systems.
The Q4 2025 deployment anticipates acceleration of Sui’s ecosystem grants, liquidity incentives, and cross-chain integrations heading into the 2026 cycle.

NEAR Protocol

Category: Consumer-First Layer-1 / Sharded Architecture

Investment Thesis:
NEAR delivers one of the industry’s most user-centric development frameworks: human-readable accounts, seamless onboarding, and built-in account abstraction.
Its sharded infrastructure and upcoming NEAR–Ethereum rollup layer position it strongly for mainstream consumer-facing Web3 applications, social platforms, and mobile-first dApps.
The Q4 2025 entry captures the early stages of NEAR’s renewed ecosystem expansion and adoption momentum.

AVAX (Avalanche)

Category: Modular L1 / Subnet Architecture

Investment Thesis:
Avalanche’s modular Subnet system enables institutions, enterprises, and gaming studios to deploy dedicated, speed-optimized blockchains with customizable logic.
AVAX remains a leading platform for tokenization pilots, on-chain enterprise solutions, and scalable finance apps.
Yellowmute’s Q4 2025 allocation reflects the expectation of multi-chain subnet proliferation during the 2026 cycle.

ONDO (Ondo Finance)

Category: Tokenized Treasuries & Institutional Yield Products

Investment Thesis:
Ondo Finance is a leading issuer of tokenized U.S. Treasuries and compliant yield-bearing instruments, bridging traditional finance with on-chain markets.
With growing demand for secure, transparent digital yield, ONDO sits at the core of the RWA liquidity migration trend.
The Q4 2025 allocation positions Yellowmute to benefit from deepening institutional adoption of tokenized fixed income.

LINK (Chainlink)

Category: Cross-Chain Infrastructure / Oracle Middleware

Investment Thesis:
Chainlink provides mission-critical data feeds, verification systems, and messaging infrastructure across virtually all major blockchains.
Its CCIP (Cross-Chain Interoperability Protocol) is rapidly becoming the industry standard for enabling banks, fintech companies, RWA issuers, and DeFi ecosystems to interconnect securely.
Yellowmute’s Q4 2025 investment reflects a high-conviction view on Chainlink as the backbone of institutional-grade interoperability.

MIDNIGHT

Category: Privacy Infrastructure / Zero-Knowledge Blockchain / Data Protection Layer

Investment Thesis:
Midnight is a privacy-focused blockchain designed to enable confidential computation and selective data disclosure using zero-knowledge proofs. The protocol addresses one of the most critical limitations of public blockchains — the inability to handle sensitive data while remaining compliant with regulatory and institutional requirements.

Unlike traditional privacy coins, Midnight is architected to support programmable privacy, allowing users and enterprises to control what data is revealed, to whom, and under which conditions. This makes the network suitable for real-world use cases such as identity, regulated DeFi, enterprise workflows, and compliant data sharing.