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Catrina Wang

Catrina Wang is a crypto venture capitalist and a general partner at Portal VenturesPortal VenturesPortal Ventures is a US venture capital firm founded by Evan Fisher in 2022 that focuses on the pre-seed stage in blockchain and crypto, with its main strategy being to lead first checks before product-market fit; in 2026, it led the $13 million seed round of the retail proprietary trading startup Vest Labs.Open the full entry, a venture firm focused on leading pre-seed rounds in blockchain projects.

Contents8 sections
Key facts

Deloitte Blockchain Program and Early Career

Wang worked at Deloitte early in her career; she and Portal Ventures founder Evan Fisher discovered blockchain around the same time and tried to persuade their employers to show interest in the field. In 2017 she was among the founding members of Deloitte Consulting’s Blockchain Program, and she co-founded Deloitte’s blockchain venture program before moving to the crypto industry. Before joining Portal Ventures, she also worked in operations at Protocol Labs and Apple and invested at Hivemind Capital.⁠[1][1][1][2][1][2]

Meeting Justin Ma During the Stanford Blockchain Conference

At a University of Pennsylvania alumni event during the Stanford Blockchain Conference in 2024, Wang met Justin MaJustin MaJustin Ma is the co-founder and chief executive officer of Vest Labs, a New York–based trading technology startup that operates Vest Markets, a perpetual futures trading and retail prop trading platform.Open the full entry, a fellow Penn alum, who pitched her for the first time on Vest, the trading technology company he had founded, beginning a conversation between the two.⁠[3][3]

Portal Ventures’ Second Fund

In November 2024, Portal Ventures was close to the final close of its second fund, a $75 million vehicle; Wang was the firm’s other general partner besides Evan Fisher. She summed up Portal’s approach as finding projects ahead of formal deals and writing first checks into them (the “deals before deals”), and said she was looking at the tokenization of “dormant asset classes” such as air rights, as well as tokenized uranium, which could spur trading of yet another commodity, saying, “There’s really nothing that’s too early for us.”⁠[1][1][1][1][1][1]

March–April 2026: Publishing Investment Essays

On March 11 and April 12, 2026, Wang published the essays “Pattern Matching the Impossible” and “The Great Attrition of Crypto VCs,” respectively, on the Portal Ventures website.⁠[2][2]

Leading the Investment in Vest Labs

On October 7, 2026, Vest LabsVest LabsVest Labs is a New York–based trading technology startup that operates Vest Markets, a 24/7 venue for perpetual futures on stocks, indices, commodities, foreign exchange, and crypto assets, and offers “prop trading” accounts that let retail traders who pass an evaluation trade with company capital and share in the profits.Open the full entry announced a $13 million funding round led by Portal Ventures. Wang said that Vest’s appeal lies in giving ambitious traders without much money access to company capital rather than requiring them to fund their own accounts, which she called “super differentiated” for user acquisition; she also said Vest had done this with no ads and no token incentives, out of a belief that the best product can sell itself.⁠[4][3][3][4][4][4]

Campus and Industry Activities

Related Organizations, Websites, and Public Accounts

Portal Ventures: Official website: https://www.portal.vc/ (opens in a new window).⁠[2]

Sources

  1. Exclusive: Portal Ventures raises oversubscribed $75 million crypto fund backed by Chris Dixon and Marc Andreessen (opens in a new window)
  2. Portal Ventures (opens in a new window)
  3. Exclusive: Portal Ventures–backed Vest raises $13 million to build a proprietary trading firm that shares traders’ profits (opens in a new window)
  4. Vest Raises $13M to Build a Prop Trading Firm That Doesn’t Bet Against Its Traders (opens in a new window)
  5. Catrina Wang | Speaker | Consensus 2025 (opens in a new window)