The PennZone

SAN FRANCISCO - PennZone -- Today Shima Capital is proud to celebrate the successful sell-out of Spice Finance's first NFT drop. The organization is a portfolio company at Shima Capital, the web3 venture capital fund founded by Yida Gao in 2021. The NFT collection, titled Prologue, consisted of 555 NFTs (Non-Fungible Tokens) and is the first NFT collection representing a position in a DeFi vault. These vaults exist on infrastructure developed by Spice to aggregate and simplify NFT lending.

Yida Gao believes Spice Finance is poised to become a leader in NFTFi, also known as NFT Finance, a concept born from the idea of combining DeFi and NFTs to attract new investors and increase liquidity for current participants. NFTFi platforms allow owners to earn real yield from their NFTs, instead of letting them sit idle in their crypto wallets.

More on The PennZone

• Star Sleep & Wellness Expands to Pearland, Texas — Bringing Life-Changing Sleep Care to More Communities
• Fort Lauderdale Dentist Dr. Taskonak & IN A DAY SMILE Receive Emmy Nomination for Life-Changing Documentary "The Weight of a Smile"
• Men's Health Network Highlights Major 2025 Achievements & Launches New Donation Platform For Greater Impact
• BET and Soul Train Awards - GONE! - Introducing The World Hip Hop Awards
• Australian Aboriginal Cultural Immersions and First Nations Workshops

Shima Capital is always on the lookout for new opportunities in the web3 space; in other words the next big, new thing. With NFTs already one of the hottest verticals around, Spice Finance and NFTFi in general were a natural entrant into Shima's portfolio.

Shima Capital takes great pride in the success of their portfolio companies, and couldn't be happier for Spice Finance's success. After months of planning, the complete collection of 555 unique NFTs minted out within hours. And although Spice Finance can be credited with the successful launch, Yida Gao's team at Shima was there every step of the way to help ensure each aspect of the NFT event went smoothly. The same can be said for many other projects in their portfolio.

Inspired by the Dune series, Prologue is designed to give financial power to holders, allowing you to bridge the gap between DeFi and NFTFi. With a Prologue NFT, you're not just getting a lego piece, you are getting a foundation.

More on The PennZone

• Uk Financial Ltd Featured In New York Business Now — 2019 Gold-Backed Bitcoin Prediction Now Becomes SEC Security Token Filing
• MROVI Trailer Parts Launches Its Own Tire Brand: Introducing MROVI Tires and the New Didgori Trail Tread
• AI, Fintech, and Cybersecurity Divisions Ignite High-Margin Growth: IQSTEL, Inc. (N A S D A Q: IQST)
• Liquidity Aggregation: US-Registered JHKXWL Integrates AI Analytics for Brazilian and Global Institutional Traders
• Q4 2025 Outlook: JGCMGS Unveils High-Frequency Infrastructure for Italian and Global Markets

Spice Finance's Prologue NFT drop was just one of many web3 success stories coming from companies invested in by Yida Gao and Shima Capital, and certainly won't be the last. To follow and learn more about all companies in their portfolio, visit www.shima.capital.

About Shima Capital

Shima Capital is a leading early stage VC firm, founded by Yida Gao in 2021, investing in disruptive blockchain companies. The fund is deeply focused on taking a hands-on approach and working closely with its portfolio companies to provide the most sweat equity per dollar invested. As teams in Web3 push the frontier of innovation, Shima helps hire talent, build community, amplify narratives, and foster the acceleration of technical research and development. Shima is composed of seasoned investors, accomplished operators, and former founders who align on a mission to support all-star teams with building and scaling generational companies. For more https://shima.capital/