David Chapman is a digital asset investor and finance professional who serves as a Principal at Silvermine Capital Resources, LLC. His work spans early stage investing, special situations opportunities, and infrastructure focused activity across crypto and Web3. Chapman is also associated with staking and validator infrastructure through GlobalStake, and he has participated in NFT initiatives on the Kusama ecosystem that combine community building with experimentation in on chain funding models.
Overview
Chapman joined Silvermine Capital Resources, LLC in December 2021 and has been involved in structuring and leading investment opportunities that target dislocated or undervalued technology assets. In parallel, he has held a director level role at GlobalStake since December 2021, reflecting a focus on the operational layer of proof of stake networks, including validator services and related Web3 infrastructure.
- Primary role: Principal, Silvermine Capital Resources, LLC
- Infrastructure: Director, GlobalStake
- Web3 initiatives: Founder of Teddy DAO, and founder of Kusama Kingdom
Silvermine Capital Resources and Investment Focus
Silvermine Capital has described its broader strategy as combining venture investing with crypto native approaches to market structure. The firm’s platform has been positioned around early stage investments at the intersection of interoperability, infrastructure, and products built on top of the Bitcoin ecosystem, alongside a liquid portfolio approach that emphasizes yield generation through decentralized finance. In practice, this blend of venture and liquid strategies reflects the way crypto markets often move between long duration infrastructure buildouts and shorter cycle opportunities tied to liquidity, incentives, and protocol adoption.
Within that context, Chapman’s principal responsibilities are commonly framed around identifying asymmetric entry points, underwriting risk, and supporting portfolio companies and initiatives that rely on credible execution in custody, security, and network operations. These areas tend to be decisive for institutional adoption, particularly as staking and on chain yield products require technical maturity as well as operational controls.
Web3 Infrastructure and GlobalStake
GlobalStake presents itself as an institutional infrastructure provider focused on staking, validators, and related services for proof of stake networks. Chapman’s involvement is aligned with a segment of the crypto industry that has grown rapidly since the expansion of staking across multiple chains and, notably, the shift of Ethereum to proof of stake. Infrastructure providers in this category typically compete on uptime, key management practices, slashing risk mitigation, reporting, and integration with custodians and exchanges. These functions have become central to how institutions access on chain rewards while maintaining internal controls.
Chapman’s profile has also been associated with work that connects infrastructure to ecosystem development, a pattern that is common among early stage investors who support technical teams while also participating in community, governance, and network level coordination.
NFT Activity and Philanthropic Initiatives
Chapman has been involved in NFT projects within the Kusama and Polkadot ecosystems. In October 2021, he founded Kusama Kingdom, a project positioned within the broader Kusama NFT landscape. He has also been credited with creating an NFT project known as Kusama Kings, which has been described as a high grossing collection within that ecosystem.
In November 2022, Chapman founded Teddy DAO, a project described as directing its proceeds to charitable causes rather than prioritizing typical NFT utility models. CryptoSlate previously reported on Teddy DAO’s attempt to pair philanthropy with Web3 education and donor onboarding in the Polkadot ecosystem.
Traditional Finance Background and Education
Before focusing on crypto investing and infrastructure, Chapman built experience in traditional finance and professional services. He worked at Goldman Sachs as an associate from November 2019 to December 2021, following earlier experience at Deloitte, where he served as a manager from January 2015 to November 2019 in audit work connected to private equity and equity capital markets clients. This background is often relevant for crypto investors operating in markets where accounting treatment, risk oversight, and governance expectations increasingly mirror conventional financial institutions.
Chapman’s education includes ACA credentials through ICAEW, as well as a BSc in Economics from the University of Sussex.
Risks and Considerations
Chapman’s focus areas sit in parts of the market with distinct operational and regulatory risks. Staking and validator infrastructure requires strong security practices, clear segregation of duties, and resilience against downtime and slashing events. Early stage digital asset investing carries liquidity constraints and protocol specific risks, including smart contract vulnerabilities and changing incentive dynamics. NFT initiatives add market volatility, shifting community expectations, and evolving compliance considerations, particularly where projects intersect with fundraising or charitable claims. Investors and participants typically evaluate these areas through a combination of technical diligence, governance transparency, and the strength of underlying operational controls.
