# Palmarena Capital

> Palmarena Capital is a venture capital firm that invests in private companies from Seed to Pre-IPO / late-stage growth. It focuses on smart contracts, stablecoins, tokenization of real-world assets (RWA), DeFi banking, and DeFi institutional settlement rails, with a growing focus on startups in Puerto Rico and Latin America.

- Legal name: Palmarena Capital LLC, registered in the State of New Mexico (Albuquerque, NM)
- Formerly known as: Nobska Point Capital (nobcap.com now redirects to palmarenacap.com)
- Principal: Brian Costello
- Contact: bc@palmarenacap.com — founders building in these fields are invited to get in touch
- Website: https://palmarenacap.com/

## Investment focus

- Smart Contracts: protocol-level infrastructure for trustless, programmable financial agreements at global scale
- Stablecoins: fiat-pegged and algorithmic stable assets powering instant settlement and DeFi liquidity
- DeFi Banking: institutions that custody assets on-chain and offer crypto-collateralized lending
- Settlement Rails: institutional-grade DeFi infrastructure replacing legacy clearing and settlement
- RWA Tokenization: fractional ownership of real estate, art, commodities, private credit, and intellectual property
- Puerto Rico & Latin America: early-stage ventures building the new digital economy

## Point of view

Palmarena Capital believes the next 2–4 years are a pivotal period for building new financial rails for world commerce, including DeFi banks that custody assets on-chain, offer crypto-collateralized loans, and challenge traditional banking. Tokenization, combined with smart contracts and stablecoin settlement, lets anyone with a smartphone or a Starlink connection buy and sell fractional assets with instant (atomic) settlement.

Asset classes it sees as ripe for tokenization: equities and bonds, real estate, private credit, fine art, gold and silver, intellectual property, carbon credits, and yachts and luxury assets.

## Affiliated networks

- [BitAngels](https://www.bitangels.network): global angel network focused on blockchain, crypto, and Web3 startups
- [Crypto Mondays San Juan](https://www.meetup.com/cryptomondays-san-juan/): Puerto Rico crypto community
- [Launchpad Venture Group](https://www.launchpadventuregroup.com)
- [Angel Capital Association](https://www.angelcapitalassociation.org/)

## Pages

- [Home](https://palmarenacap.com/): the full site is a single page with sections About, Focus Areas, Tokenization, Affiliated Groups, and Contact