Solidus Labs provides automated, comprehensive market surveillance and risk monitoring purpose-built for digital asset markets. The platform enables exchanges, brokers, and financial institutions to detect and investigate suspicious trading activity and comply with regulatory requirements.

Solidus acts as an "arms merchant" in crypto, providing infrastructure software for fraud prevention, market manipulation, and compliance. This aligns with our "picks and shovels" thesis, and the company achieved significant early growth in its first full year of revenue. The crypto monitoring and surveillance market is new, with no established leader. Solidus is poised to lead this category, as existing solutions are not built for crypto, and customers demand native solutions. The co-founders deeply understand crypto infrastructure pain points and have assembled a top-notch team. As blockchain applications like NFTs and DeFi grow, infrastructure software like Solidus Labs becomes critical for broad adoption.