Important Information

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This website is intended for professional and institutional investors only. The information contained herein does not constitute an offer to sell or a solicitation of an offer to buy any securities or financial instruments.

By accessing this website, you confirm that:

  • You are accessing this site from a jurisdiction where such access is permitted
  • You understand that digital assets involve significant risk, including potential loss of principal
  • You will conduct your own due diligence before making any investment decision

Past performance is not indicative of future results. Moria Capital AG is regulated under Swiss law.

Digital Asset Consulting & Investing

Bridging Traditional
Commodities & DeFi

Crypto natives can't handle physical delivery. Commodity traders won't touch smart contracts. We do both.

Get in Touch Our Approach
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The Vision

We trade DeFi protocols and build commodity products on-chain. Two businesses, one shared expertise.

Fund expertise builds commodity products. Commodity products attract commodity LPs. LPs invest in the fund. Each side reinforces the other.

Based in Zug. We build the infrastructure that pure crypto teams and old-school commodity shops can't.

Excellence
Performance

2

Business Arms

$300B+

Copper Market

Zug

Switzerland

DeFi

Native

What We Do

Two Reinforcing Business Lines

01

Playground Capital Fund

Value fund in DeFi. Fundamental analysis, not momentum plays. The protocol knowledge we build here feeds directly into our commodity work.

  • DeFi protocol investing
  • Fundamental analysis approach
  • Active protocol participation
  • Track record generation
02

Moria Commodities AG

Tokenized metals and trade finance running on DeFi. Banking operations on-chain.

  • Copper token (CuF)
  • Commodity trade finance
  • Warehouse receipt tokenization
  • Multi-metal expansion

Investment

Playground Capital Fund

On-Chain Value Investing

Capital into DeFi protocols. Fundamental analysis. Not yield farming, not chasing pumps. Find undervalued protocols, learn how they actually work, hold.

Using these protocols daily is how we know which rails to build commodity products on.

Investment Approach

  • Fundamental protocol analysis
  • On-chain value identification
  • Deep liquidity understanding
  • Cross-protocol arbitrage
  • Governance participation
  • Risk-adjusted position sizing

Infrastructure

Commodity Tokenization

We use DeFi protocols daily through the fund. That expertise lets us build commodity products on the same rails. Prove it with copper, then replicate for aluminium, zinc, nickel.

Copper Token CuF

1,000 CuF = 1 tonne LME Grade A cathode

Real copper in European warehouses. Tokenized. Listed on DeFi exchanges. Fully backed, always redeemable. Mint fee covers six years of storage.

Spot Uniswap
Perps Hyperliquid
Collateral Aave
Storage EU Warehouses

Trade Finance

DeFi rates for physical commodity flows

Finance commodity flows through Aave and Morpho. Warehouse receipts as collateral. Borrow at 3-5% instead of 8-12% from banks.

DeFi Rate 3-5%
Bank Rate 8-12%
Protocol Aave / Morpho
Collateral Warehouse Receipts

Connect

Get in Touch

Talk to us

Commodity traders curious about DeFi. Crypto funds wanting physical exposure. Strategic partners. We're in Zug.

Location Zug, Switzerland
Focus Digital Assets