Venture Studio — Est. 2011 · Level39, London

Where technology meets power shift.

We advise, build, and invest where AI agents, decentralised ecosystems, and post-quantum technologies converge; reshaping ownership of data, the flow of capital, and the intelligence that powers the world's decisions.

Talk to us Our thesis →
$33bn+Tokenised real-world assets live on public blockchains — up 4× in 18 months.RWA.xyz · July 2026
40%Of enterprise applications will embed task-specific AI agents by end-2026 — from under 5% a year ago.Gartner
2029Google's revised estimate for a quantum computer capable of breaking RSA-2048. Migration windows are closing.Google · March 2026
The Pattern

Every technology wave redistributes control.

The question underneath every wave is the same: who controls your data, who controls your money, and who controls the intelligence shaping your decisions.

TWIXIS has operated at that inflection point for 15 years. From digital identity and open APIs, through fintech and decentralised ecosystems, to today's AI agents with wallets, executing decisions on-chain, and cryptographic trust being rebuilt for the quantum era.

2000sVoIP dismantled the telecom voice monopoly.
2010sBlockchain began rewriting the rails of finance.
NowAI agents are reshaping how decisions get made — and who gets to make them.
Exploring New Boundaries

The approval chain is becoming a smart contract.

AI agents now read corporate policy, evaluate conditions, and execute decisions — procurement thresholds, compliance triggers, treasury moves — directly on-chain. What used to be a five-signature workflow becomes a verifiable record: faster, auditable, tamper-proof.

01 · DATA

Sovereign ingestion

Agents read segmented, sovereign data — internal systems, oracles, market feeds.

02 · REASONING

Policy-bound decision

The agent evaluates conditions against encoded governance policy.

03 · CONTRACT

On-chain trigger

The decision is written to the blockchain — immutable, auditable, tamper-proof.

04 · SETTLEMENT

Automatic execution

Payment, access, transfer, or compliance action — executed by the contract.

Result: sovereign autonomous governance — control stays with the organisation, not the vendor.

See how our studio Consekense builds it →
Field of Expertise

Four converging fronts.

One throughline: as infrastructure decentralises, control shifts — and value follows.

eIDAS 2.0 — identity becomes public infrastructure

Digital Identity & Embedded Finance

Self-sovereign identity and decentralised identifiers make credentials portable, cryptographic, and user-owned — no third-party database required.

  • Tokenised KYC — verify once, reuse everywhere; compliance enforced on-chain.
  • Embedded finance — banking and payments built into the apps people already use.
  • No honeypots — personal data never pooled in hackable vaults.
Identity is the unlock. Nothing else in the decentralised stack scales without it.
51% of enterprises run agents in production · market compounding 40%+/yr

AI Agents & Decentralised Intelligence

AI is becoming the operating layer — agents execute trades, govern DAOs, audit smart contracts, and run corporate workflows.

  • Agentic governance — strategic intent translated into smart-contract execution.
  • AI-accelerated Web3 development — from audit to deployment, in a fraction of the time.
  • Sovereign inference — models on distributed compute, on data you control.
Intelligence that matters is explainable, verifiable, and not owned by a handful of firms.
$33bn+ on-chain RWAs · six asset classes above $1bn

Web3, Tokenised Assets & DeFi

Nasdaq, NYSE, and the DTCC are wiring tokenised settlement into regulated markets. Most people watch the price. We focus on what's built underneath:

  • RWA tokenisation — Treasuries, credit, commodities, funds.
  • Agentic DeFi — agents executing across protocols, no manual intervention.
  • Stablecoin rails — ~$300bn in tokenised dollars settling global value.
  • DePIN & DAO tooling — infrastructure and governance without a boardroom.
New rails for ownership and liquidity, built to outlast the hype cycles.
Q-Day estimates: 2029 · RSA/ECC deprecated 2030, banned 2035

Post-Quantum Cybersecurity

If cryptography fails, everything above it fails with it. Enterprise migrations take 8–15 years — the window is now.

  • PQ key exchange & signatures — NIST-standard, for enterprise and on-chain environments.
  • Crypto-agility — swap algorithms by configuration, not re-architecture.
  • Zero-knowledge systems — compliance without surrendering privacy.
  • Sovereign quantum-safe stacks — no single-vendor, no single-jurisdiction dependency.
Trust at the cryptographic layer. Everything else depends on it.
What We Do

Advise. Build. Invest. Expand.

Advise

We guide corporates, governments, and ecosystems through emerging tech — from reaction to anticipation. Trusted by Invesco, Manulife, Bank of America, Prudential, Vodafone, and Orange.

Build

When critical tech needs to exist and doesn't, our studio Consekense steps in — sovereign AI, agentic infrastructure, tokenisation rails. Software that thinks of business, not just code.

Invest

We back founders who don't wait for permission. Under 5% acceptance from our deal flow. Portfolio includes Tokeny, Weavr, Scrypt, Greengage, BCGold, Sensible Spark, and EWRC.

Expand

Through I4E — our global institute for entrepreneurship — we plug founders and clients into academia, regulators, and practitioners across 11 cities worldwide.

Meet the Team

We build, advise, and invest — hands-on, from day one.

Not trend-watchers. Operators at the intersection of innovation, capital, and systemic impact.

Nicolas Steiner
Nicolas SteinerFounder
Paul Loeffler
Paul LoefflerPartner
Cosmo Spens
Cosmo SpensPartner
Dan Hjorth
Dan HjorthPartner
Our Network

A network of founders, corporates, regulators, and researchers building what comes next — across continents.

Our Ecosystem in Action

Fifteen years on the ground — from Level39 to Tokyo.

Contact

Ready to be on the right side of the shift?

Level39, One Canada Square, Canary Wharf, London E14 5AB.

Start the conversation
Our Investment Thesis

The Agentic Shift. Human-Led.

Identity, finance, security and intelligence are converging. As AI moves from executing tasks to acting on intent, the defining question is no longer what machines can do, but who stays in control.

Web3 brought programmable money. AI brought programmable agency. Together they create a new layer of the stack: autonomous agents with wallets, operating on-chain and moving value at machine speed. That power is real, and it must be governed. We back the architecture that keeps people in charge: verifiable identity for every agent, human-defined mandates and limits, transparent audit trails, and the ability to intervene, override or switch off at any point.

We believe neither in halting progress nor in surrendering to it. We believe in steering it, so that autonomous systems extend human judgement rather than replace it, and serve the people and institutions who deploy them, not the other way round.

TWIXIS advises, builds and invests where these four fronts converge, to make the agentic economy accountable, sovereign and human-led.
01 — Digital Identity & the API Economy

Privacy, trust, and interoperability at scale.

Public infrastructureeIDAS 2.0 mandates digital identity wallets across every EU member state — verified identity moves from paperwork to protocol.EU Regulation · rollout underway
  • Self-sovereign identity puts individuals — not databases — in control of their credentials.
  • API-driven ecosystems power embedded finance, digital health, and cross-border services.
  • Tokenised KYC — verify once, reuse everywhere, with compliance enforced on-chain.
Identity is the unlock. Nothing else in the decentralised stack scales without it.
BANKING HEALTH GOV TRAVEL 0x9F··AC··27··E1··B4 USER-OWNED · CRYPTOGRAPHIC · PORTABLE VERIFY ONCE — REUSE EVERYWHERE
02 — Web3 & the Next Stage of Finance

New models of ownership and liquidity for the global financial system.

$33bn+ on-chainTokenised real-world assets — up 4× in 18 months, with six asset classes each above $1bn. Institutional forecasts range from $2–4tn (McKinsey, 2030) to $18.9tn (BCG/Ripple, 2033).RWA.xyz · July 2026
  • Tokenisation is unlocking liquidity in Treasuries, credit, commodities, and funds.
  • Stablecoins — ~$300bn in tokenised dollars, now core settlement infrastructure.
  • Market plumbing — Nasdaq, NYSE, and the DTCC are integrating tokenised settlement into regulated markets.
The digital backbone of finance is being laid now — quietly.
TRADITIONAL ASSETS TOKENISED · SETTLED ON-CHAIN $33bn — 2026 $2–4tn — 2030E ASSETS → TOKENS → LIQUIDITY
03 — Cybersecurity in the Post-Quantum Era

Digital sovereignty becomes the cornerstone of trust.

Q-Day: 2029Google's revised estimate for a quantum computer capable of breaking RSA-2048. Regulators have set hard deadlines — RSA/ECC deprecated by 2030, prohibited by 2035 — yet only 13% of organisations have post-quantum cryptography in production.Google · NIST IR 8547 · 2026
  • Harvest-now, decrypt-later makes long-lived data a target today, not tomorrow.
  • Migrations take 8–15 years — the PQC market is projected to exceed $15bn by 2030.
  • Sovereign quantum-safe stacks — cryptographic resilience without single-vendor or single-jurisdiction dependency.
If trust breaks at the cryptographic layer, everything above it collapses.
QUANTUM THREAT LATTICE-BASED · NIST-STANDARD 2029Q-DAY EST. 2030RSA/ECC DEPRECATED 2035PROHIBITED TRUST, REBUILT FOR THE QUANTUM ERA
04 — Agentic AI & Autonomous On-Chain Intelligence

Corporate decisions, executed by agents, secured in smart contracts.

40% by end-2026Share of enterprise applications embedding task-specific AI agents — up from under 5% a year ago. The AI agents market stands at ~$11bn in 2026, compounding above 40% annually, with 51% of enterprises already running agents in production.Gartner · Grand View Research · 2026
  • Agentic governance — decisions encoded in policy, executed by agents, secured in smart contracts.
  • Verifiable AI safety — zero-knowledge proofs and on-chain audit trails turn trust into a record.
  • Decentralised inference — sovereign data keeps intelligence explainable, and out of the hands of a few firms.
The approval chain becomes a smart contract. Hierarchy becomes a protocol.
MANUAL APPROVAL CHAIN AI AGENT · POLICY-BOUND GOVERNANCE POLICY SOVEREIGN DATA SMART CONTRACT IMMUTABLE · AUDITABLE · TAMPER-PROOF HIERARCHY BECOMES A PROTOCOL
Work With Us

We back founders driving systemic change across these four fronts.

Advisory for corporates and governments. A studio for what doesn't exist yet. Capital for those who don't wait for permission.

Start the conversation
I4E — Institute for Entrepreneurship · A TWIXIS Ventures Institute, Powered by Consekense

The Institute.

Building the entrepreneurial capability that sovereign technology requires — with government research programmes, universities, and corporations, across eleven hub cities.

Across government, industry and academia, the sovereignty conversation usually starts with policy. I4E starts a step earlier — with capability: someone has to be trained, funded, and supported to actually build the systems a sovereignty strategy calls for. That is the work of an entrepreneurship institute embedded inside a working venture studio and engineering practice — not a lecture series, and not a slide deck.

Applied research, with a global academic network — and a documented route to deployment.
Who It Serves

Three kinds of partner. One build pipeline.

Government programmes

A delivery partner for innovation mandates

Funded research translated into deployable capability — academic rigour where the mandate requires it, commercial discipline where deployment demands it.

Corporations

A structured route into emerging technology

Agentic AI, Web3 infrastructure, post-quantum security — accessed through a working build partner, without growing an internal capability from zero.

Universities & ecosystems

A bridge from research to deployment

Publishable research with a route to a working platform — co-designed with academic partners, built by an engineering practice already wired in.

Academic Anchors

I4E's academic network runs from HEG-FR in Switzerland — anchor of the 3ATLAS consortium behind the country's first independent pension-fund comparison platform — through Grenoble École de Management, academic partner on the StartupHome live business case, to Cambridge: contributions at the Cambridge Centre for Alternative Finance and executive education delivered at the Møller Institute, Churchill College. In 2026, the institute carries its central question — who controls data, capital, and the intelligence behind decisions — into the life sciences, at the European Academy of Neurology's Brain Health Mission.

For institutional clients, that is applied research with a global bench: Swiss rigour, Asian markets, Latin-American reach, and Cambridge authority — available to a single programme. The full academic record is documented at i4-e.com.

Proof, Not Promise

Engagements documented with their outcomes.

A selection across asset management, telecom, sustainable finance, sport, and critical infrastructure — each written up in full — with challenge, delivery, and outcomes — at i4-e.com, because an institutional partner should be able to verify a track record rather than take a claim on faith. Further client work is available under NDA on request.

Asset Management · RWA

Manulife — Real-World Asset Tokenisation Strategy

A five-point strategy anchoring Manulife's entry into RWA tokenisation in natural capital, with a regulator-led, phased route to market.

Sustainable Finance · Open Source

GDFA × F4B — Biodiversity Data Platform

A sovereignty-preserving, decentralised data-exchange design produced with 44 institutions — including the World Bank, Bank of England, and HSBC.

Telecommunications · Identity

Vodafone — Digital Identity & Connected Services

Open-API patterns turning operator-owned identity, authentication, and billing into partner-accessible services — without surrendering the customer relationship.

Venture Studio · Sport & Media

EWRC — Elite Women Rugby Community

A Web3-ready platform, from MVP to a successful fundraising round — on a proprietary data model no provider owns.

11Hub cities — one embedded investment, engineering, and regulatory network.Zurich to Tokyo
6Sectors with documented delivery — from asset management to critical infrastructure.Outcomes on record
30+Core engineers and extended senior experts behind The Lab, run by Consekense.London & Bucharest
Go Deeper

Start with a conversation, not a proposal.

The full institute site holds the research record, the complete case studies, the academic partnerships, and the people accountable for the work — and the route to a partnership MOU, research mandate, pilot programme, or sponsored build.

Explore the I4E website → Propose a partnership →