New to PLAA?Learn more about how PLAA powers the network and provides exposure to 191 startups and crypto tokens.
Protocol Labs Alignment Asset

PLAA is your access to tech’s frontier

Backed by a diversified Trust spanning cash, crypto, and 191 frontier-tech ventures — built by the people behind the Protocol Labs Network.

$13.47M
Total Trust NAV (Est. as of September 30th, 2026)
191+
Investments in Frontier Tech Ventures
$21.49
NAV per PLAA
66
Onboarded participants
What backs PLAA

PLAA is backed by a broad base of assets.

PLAA is a long-hold investment backed by a mix of venture investments from the Protocol Lab's Network along with large cap crypto and cash assets to support limited liquidity opportunties.

TOTAL TRUST NAV (AS OF SEPTEMBER 30TH, 2026)
$13.47M
+85.4% (90d)
Jun '25Sep '26

Trust composition

PLVH portfolio holdings80%
Filecoin (FIL)12%
Bitcoin (BTC)1%
Ethereum (ETH)1%
US Treasuries5%

Venture holdings by focus area

The largest share of the Trust — companies building the next technological frontier.

Digital Human Rights
74.35%
AI and Robotics
7.85%
Economies & Governance
7.33%
Neurotech
5.76%
Fund Investment
4.19%
Strategic
0.52%
PLAA AS THE NEXT GEN INCENTIVE

PLAA powers the Network's long-term alignment

With PLAA used for the network's incentive layer, Protocol Labs is able to leverage expertise across its team and portfolio to work together in creating value.

The contribution flywheel

The contribution flywheel. Employees and members of the PL Network collect PLAA for their contributions to increasing network value. The cycle runs: contribute, collect points, receive PLAA, the network grows, and repeats.

A few ways members contribute

PLAA are a regulated security and are not ownership interests. PLAA are not offered for sale and cannot be purchased; they are collected through contribution to the network. Nothing here is an offer, solicitation, or investment, legal, or tax advice. Trust holdings and NAV figures shown are illustrative and as of the date indicated. Any past performance shown is not indicative of future results, and all holdings involve risk, including the potential loss of principal.