Anagram (Anagram Ltd)

Reordering Economies Through Decentralized Tech

Anagram (Anagram Ltd) is a digital assets holding company and venture firm focused on building, incubating, and accelerating crypto projects. Co-founded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan, Anagram operates at the intersection of capital deployment and hands-on incubation. They leverage human and financial capital to promote and democratize the ownership economy, with a reported $100M Web3 investment fund backing their thesis. Rather than just writing checks, Anagram acts as a modern institution that actively participates in the ecosystem, building internal tools and spinning out new decentralized finance (DeFi) platforms like Glider.fi and Swig.

A Culture of Radical Transparency

At Anagram, the culture is deeply rooted in the ethos of Web3. The team describes their approach as playing, building, and winning together, emphasizing sincere open-mindedness, curiosity, and radical transparency. Employees are encouraged to be "entrepreneurs first," thinking creatively and futuristically outside the box. Because Anagram incubates projects internally, the environment feels less like a traditional VC firm and more like a high-velocity startup studio where everyone is expected to contribute to thesis-driven product and ecosystem development.

What You'll Actually Do

Working at Anagram means operating on the bleeding edge of decentralized finance and blockchain infrastructure. Engineers (especially those skilled in Rust, Solana, and TypeScript) might find themselves developing scalable backend systems for Glider.fi, building non-custodial yield platforms, or creating smart contracts for new portfolio spin-outs. Researchers and Quant Portfolio Managers focus on analyzing DeFi protocols, developing quantitative crypto portfolios, and supporting the incubation of new crypto primitives. The work is highly autonomous, fully remote, and requires a deep understanding of blockchain ecosystems and DevOps best practices.

Compensation & Benefits

As a privately held Web3 holding company, specific salary bands for Anagram are not widely publicized on platforms like Levels.fyi or Glassdoor. However, given the pedigree of its founders and its positioning in the crypto space, compensation is expected to be highly competitive, likely including a mix of base salary and significant upside through tokens or equity in the incubated projects.

The Interview Process

Public data on Anagram's specific interview process is limited. Given the highly technical nature of their incubated projects and the seniority of their open roles (many of which are Staff or Founding Engineer positions), candidates should expect rigorous technical evaluations. This likely includes deep-dive system design discussions, smart contract auditing (especially Rust/Solana), and conversations assessing alignment with their thesis on the financialization of digital assets.

Why Join / Why Not

Why Join: If you are a seasoned crypto builder who wants the financial backing of a $100M fund combined with the operational agility of a startup studio, Anagram is an exceptional place. The opportunity to work closely with industry veterans like Lily Liu and Joe Eagan, and to potentially become a founding engineer of a spin-out project, offers massive upside and career acceleration in the Web3 space.

Why Not: The crypto industry is inherently volatile, and working at a holding company that incubates early-stage projects means navigating high ambiguity. If you prefer the stability of a mature tech giant, clear corporate ladders, or are skeptical of the long-term viability of decentralized finance, Anagram's "entrepreneurs first" environment might feel too chaotic.