What Ascensive Assets is
Ascensive Assets is a private investment firm founded in 2019 by Oliver Blakey and Ben Middleton, two former professional poker players who moved into crypto venture, with an operating base traceable to Seoul. It has invested exclusively in the digital asset sector, with around 41 known deals in early-stage projects across DeFi, blockchain infrastructure and web3 gaming: its portfolio includes Frax, zkLink, BreederDAO, OP Games and Rysk Finance, among others. It is neither a fund open to the public nor a service for retail investors: it is a private vehicle with a very limited public presence. The latest deals tracked by industry databases date back to May-June 2024 (Switchboard, Strip Chain); no investments have been announced since then (Verified: September 2026).
Regulation and licences
- Ascensive Assets is a private investment vehicle: it does not provide crypto-asset services to the public and does not appear in CASP/MiCA registers, which do not apply to it (Verified: September 2026).
- No public licences or registrations with supervisory authorities appear; the firm has no disclosure obligations towards retail investors. For users in the EU this means it is not a platform to entrust funds to, but an institutional investor in the sector.
- The firm's current corporate status is not publicly documented: co-founder Oliver Blakey's public biography dates his role as Managing Partner to "2019-2023", and no new deals appear after mid-2024.
Security
Not applicable in the traditional sense: the firm does not hold retail client funds in custody. No incidents, hacks or public proceedings against the firm appear (Verified: September 2026). Its transparency profile is minimal, however: its website and public channels offer no reporting, and the available information comes from venture capital databases.
Alternatives
FAQ
Is Ascensive Assets still active? It is unclear: the last publicly known deals date to mid-2024 and co-founder Oliver Blakey's biography ends his role as Managing Partner in 2023. No formal closure has been announced.
Can I invest through Ascensive Assets? No: it is a private investment firm, not a platform for the public. It offers no accounts, products or services to retail investors in the EU.
What has Ascensive Assets invested in? In around 41 early-stage crypto projects, with a focus on DeFi and web3 gaming: known names include Frax, zkLink, BreederDAO and OP Games.
Verified sources
- https://www.crunchbase.com/organization/ascensive-asset-management
- https://tracxn.com/d/corporate-investments/investments-by-ascensive-assets/__wK8pOns25HWDz
- https://wlthxyz.medium.com/oliver-blakey-the-ace-blending-poker-prowess-with-investment-sa
- https://www.cypherhunter.com/en/p/oliver-blakey/
TEAM MEMBERS
HQ OF ASCENSIVE ASSETS
Seoul, South Korea
All images, branding and wording are copyright of Ascensive Assets. All content on this page is used for informational purposes only. Spaziocrypto has no affiliation or relationship with the company mentioned on this page.
