Crypto Venture Capital Funds: List of the Top 30 Best Crypto VC Firms (2024)

Despite a tough 2022, crypto VC investments are still flowing to new and exciting blockchain-related projects. These investors are looking to play the long game when it comes to cryptocurrency projects, ignoring the layoffs and cutbacks that are occurring throughout the industry.

Who are these investors? We’ll get to that in a moment but first, let’s talk a little more about what venture capital firms are and how they work.

What are Crypto Venture Capital Firms and How do They Work?

Crypto venture capital (VC) firms are a group of investors pooling their money together to invest early in a project or company. The goal is to get in on the ground floor and multiply their investment when it becomes successful.

However, before investing, the VC will review many different projects to determine their viability, growth potential, and return on investment. Most VCs will invest in several different projects to mitigate their risk.

Here are the stages projects go through to receive VC funding:

Pre-seed

At this stage, the project is still in the idea phase, and most investments come from family and friends.

Seed round

During the seed round, investors want to know if the project is viable. This typically requires a minimum viable product for potential investors to view and/or use. During this stage, projects need to have competitor analysis, market analysis, pitch decks, cash flow analysis, roadmaps, and more.

Series A

During the Series A round, products or services are validated. The project has a strong community and is showing significant growth. Investments are expensive but less risky at this stage, and the focus is mainly on advertising and marketing.

Series B

Series B funding involves a product that is showing massive expansion and growth. This round is for business development, sales, human resources, and more.

Series C

If a company gets to a Series C round, it has become a commercial success that needs additional funding for expanding into the international market or diversifying already existing products.

List of the Top 30 Crypto VC Investment Firms

You want to know which crypto venture capital funds are the best, and we’re here to tell you. Here is our list of the top 30 crypto VC funds.

1. Pantera Capital

The next crypto venture capital fund on our list is Pantera Capital. Pantera touts itself as “the first U.S. institutional asset manager focused exclusively on blockchain technology.” Based in Menlo Park, California, Pantera Capital invests in blockchain projects and tokens that drive adoption and growth in the industry.

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With Pantera Capital, you’re getting a blockchain investment fund with a proven record of providing well-diversified to its investors.

Portfolio:

• 0x
• Balancer
• Brave
• Cosmos
• Filecoin
• Polkadot

Contact data:

Address: Menlo Park, California, United States

Phone Number: +1 650 854 7000

Email: [emailprotected]

2. a16z – Andreessen Horowitz

Andreesen Horowitz is another well-known crypto venture capital investment company that provides funding for blockchain-based firms. The company was founded in 2009 by Ben Horowitz and Marc Andreessen.

A16z is based out of Menlo Park, California, in the US. The fund is geared toward bringing traditional venture capital investments to the crypto world. Andreessen Horowitz has been investing in the cryptocurrency space for over half a decade and holds its investments for 10+ years.

Portfolio:

• Digital Ocean
• Slack
• Roblox
• Trust Token
• Solana
• Phantom
• MakerDAO
• CoinSwitch

Contact data:

Address: 2865 Sand Hill Rd, Ste 101, Menlo Park, California, 94025, United States

Phone Number: (650) 798-5800

Email: [emailprotected]

3. Paradigm

Based in San Francisco, Paradigm is a blockchain-based investment fund founded by Matt Huang of Sequoia Capital and Fred Ehrsam of Coinbase. It’s fair to say that both of these founders have plenty of experience when it comes to understanding and investing in the crypto market.

As a fintech and crypto fund, Paradigm invests in a variety of blockchain-related projects, which range from early-seed stage to fully mature businesses.

Portfolio:

• BlockFi
• Compound
• Cosmos
• Magic Eden
• MakerDAO
• Phantom

Contact data:

Address: San Francisco, California, United States

Email: [emailprotected]

4. Coinbase Ventures

You’ve heard of Coinbase, but you may not be aware that the exchange has an investment arm called Coinbase Ventures. This branch of Coinbase focuses on finding early-stage crypto projects and startups and providing them with the capital and resources they need to move into the next stage of the process.

Since Coinbase Ventures launched, it has generated more than $1 billion in assets. The company’s goal is to continue to provide funding to blockchain-based projects to promote the industry as a whole.

Portfolio:

• Compound
• Etherscan
• Keep
• Cointracker
• Synthetix
• OpenSea

Contact data:

Address: San Francisco, California, United States

Phone Number: +1 (800) 777-1992

Email: [emailprotected]

5. Digital Currency Group

Digital Currency Group is a crypto VC firm located in New York. As its name suggests, DCG invests in projects in the digital asset market. These are early-stage companies within the blockchain sector. Digital Currency Group has a global presence with investments in more than 30 countries and over 100 projects.

Overall, DCG is a firm that believes blockchain technology will drive social and economic change in the future. As a result, the group does its part to drive innovation, growth, and adoption in the crypto market.

Portfolio:

• BitPay
• Brave
• CoinDesk
• Coinbase
• FTX
• Kraken

Contact data:

Address: Stamford, Connecticut, United States

Email: [emailprotected]

6. Blockchain Capital

Based out of San Francisco, California, Blockchain Capital is a pioneer in the crypto venture capital market. The investment fund primarily focuses on developing a portfolio that centers on blockchain projects. Blockchain Capital diligently scours the market for investment opportunities by delegating resources to copious amounts of research.

Since Blockchain Capital launched, the company has invested in over 90 crypto companies which have realized more than $300 million in assets.

Portfolio:

• AAVE
• 1inch
• Bitwise
• Coinbase
• Kraken
• Orchid

Contact data:

Address: San Francisco, California, United States

Phone Number: +1 (415) 677-5340

Email: [emailprotected]

7. Polychain Capital

Yet another venture capital investment fund located in San Francisco, Polychain Capital’s primary focus is to bring an excellent return for its investors. The fund was established by Olaf Carson-Wee and has been successful in identifying and investing in one-off projects that gain traction in the cryptocurrency market.

Portfolio:

• Coinbase
• Orca
• Tendermint
• Maple Finance
• Clover Finance

Contact data:

Address: San Francisco, California, United States

Email: [emailprotected]

8. Binance Labs

If Binance Labs sounds familiar, it’s because it’s a subsidiary of the Binance crypto exchange that invests in crypto projects. This accelerator is used to identify up-and-coming cryptocurrency projects and entrepreneurs and empower them to move forward with the resources they need.

Overall, Binance Labs aims to do its part in giving back to the blockchain community by giving projects the funding they need to grow and drive adoption to the crypto ecosystem.

Portfolio:

• Harmony
• Figment
• Axie Infinity
• 1Inch
• Band Protocol
• Moonbeam

Contact data:

Address: George Town, Midland, Cayman Islands

Phone Number: (858) 529-1206

9. Draper VC

Draper Associates is a crypto investment fund located in Silicon Valley, California. This company has been around for nearly forty years, mostly because it excels at identifying companies that offer transformative technologies. This includes blockchain startups, as Draper has made a significant shift in supporting these types of companies.

A huge part of the Draper Associates portfolio is dedicated to blockchain and crypto-based projects. This firm is serious about bringing blockchain to the masses.

Portfolio:

• Coinbase
• Ethereum
• Hashrabbit
• Ledger
• Tezos

Contact data:

Address: San Mateo, California, United States

Phone Number: 650-233-9000

Email: [emailprotected]

10. 3AC – Three Arrows Capital

Three Arrows Capital was established in 2012 by Kyle Davies and Su Zhu. It is one of the industry’s top cryptocurrency investment funds, which is why we have it at the top of our list. Many prominent blockchain projects received funding from 3AC, including Polkadot, Ethereum, Avalanche, and Solana.

3AC has also invested in multiple decentralized finance (Defi) and GameFi projects as well. These investments include Aave, Axie Infinity, and several others. This crypto VC fund also supports several other blockchain-related projects, including Starkware and BlockFi.

Portfolio:

• Avalanche
• Solana
• Polkadot
• AAVE
• KyberDAO
• Terra
• ORCA
• Axie Infinity

Contact data:

Address: 114 Bevier St, Binghamton, New York, 13904, United States

Phone Number: (607) 723-9567

Email: [emailprotected]

11. NGC Ventures

Next on our list of top crypto investment funds is NGC Ventures. With locations in San Francisco, Singapore, and Shanghai, NGC Ventures pushes the growth of blockchain-based projects by providing them with the funding they need. Additionally, NGC Ventures offers its resources as a guide to its investments, helping them on their way to becoming fully developed institutions.

Portfolio:

• Algorand
• Avalanche
• Polkadot
• Solana
• Coin98
• MyNeighborAlice

Contact data:

Address: Singapore, Central Region, Singapore

Email: [emailprotected]

12. AU21 Capital

Established by Kenzi Wang and Chandler Guo in 2017, AU21 Capital is a crypto VC investment fund that focuses on backing promising entrepreneurs and projects in the blockchain space. The company does this by providing leaders and founders with the connections and resources they need to be successful.

The company got its start by operating a large Bitcoin mining operation, so it’s safe to say that AU21 has an affinity for blockchain projects.

Portfolio:

• Polkadot
• Synthetix
• Tidal
• Manta Network
• Polygon
• Harmony
• Avalanche

Contact data:

Address: San Francisco Bay Area, West Coast, Western US

Email: [emailprotected]

13. Alameda Research

FTX founder Sam Bankman-Fried is the individual behind Alameda Research. However, the company is now run by Caroline Ellison and Sam Trabucco. As a high-profile crypto VC investment fund, Alameda has a vested interest in many blockchain and crypto-based projects.

The company has developed strong relationships with many digital assets and crypto-related products. Alameda is tied to Bankman-Fried’s cryptocurrency exchange, FTX, which is where the VC gets its liquidity.

Portfolio:

• Uniswap
• Solana
• Binance
• Ethereum
• Bitcoin

Contact data:

Address: 5327 Jacuzzi St, Ste 1C, Richmond, California, 94804, United States

Phone Number: (510) 528-5044

Email: [emailprotected]

14. Animoca Brands

If you’re looking for a crypto investment fund that focuses on NFTs, GameFi, and the Metaverse, Animoca Brands fits the bill. This crypto VC is considered a leader in its market and is considered by many to be an up-and-coming in its space.

Animoca states that it wants to “deliver digital property rights to the world’s gamers and internet users.” As a leader in crypto entertainment, blockchain technology, and gamification, it’s clear that Animoca is doing just that.

Portfolio:

• Axie Infinity
• Bloktopia
• Dapper
• My Defi Pet
• Crypto Games
• Chain Guardians

Contact data:

Address: Unit 417-421 Cyberport 1 100 Cyberport Rd, Hong Kong, Central and Western, China

Phone Number: +852 2534 0888

Email: [emailprotected]

15. Sequoia Capital

Portfolio:

• Caldera
• Handshake
• Multis
• Privy
• Strips Finance

Sequoia Capital stands as a globally renowned venture capital firm, celebrated for its remarkable history of investments in groundbreaking technology companies like Apple, Google, and LinkedIn. Recognized for its ability to identify and foster promising startups from their earliest stages, Sequoia Capital commands deep respect among entrepreneurs, investors, and the broader tech community.

Contact data:

Address: Menlo Park, California, USA

Phone Number: (650) 854-3927

16. Boost VC

Boost VC is another crypto VC investment fund located in San Francisco. However, Boost VC is unique in the way it funds projects. They use Sci-Fi as the ecosystem on which they build their portfolio, focusing on visionaries within this market.

They provide $500k to startups they believe will successfully move from the early stages of company development to full-fledged independent businesses. If you’re the type of person that likes to think outside the box, Boost VC is an excellent funding option as it believes entrepreneurs come from all walks of life.

Portfolio:

• Etherscan
• Wyre
• Coinbase
• 0x Protocol
• Filecoin

Contact data:

Address: San Mateo, California, United States

Email: [emailprotected]

17. Continue Capital

Here’s another crypto VC investment fund based out of San Francisco. Continue Capital focuses on investing in all things blockchain with a focus on private equity and startups. The company prefers to focus on innovative technology and science-driven projects, which is why it looks for investment opportunities in the crypto sector.

Since its launch in 2016, Continue Capital has been a proponent of driving the growth and adoption of blockchain technologies. As a goal, Continue Capital invests in crypto-related projects that will bring one billion users to Web3.

Portfolio:

• Octopus Network
• HashMix
• Algorand
• Yearn
• Harmony
• Polkadot

Contact data:

Address: San Francisco, California, United States

Phone Number: 415-6940629

Email: [emailprotected]

18. Protocol Ventures (NEW)

Portfolio:

• Coinbase
• Circle
• Bitstamp
• Prism
• Genesis

Protocol Ventures has emerged as a prominent force in the world of cryptocurrency venture capital. Renowned for its investments in noteworthy startups like Coinbase and Circle, as well as its active participation in influential crypto gatherings like CoinDesk’s Consensus and the Ethereal Summit, Protocol Ventures has established itself as a key player. The firm is also recognized for its collaborations with leading accelerators and incubators such as Boost VC and Plug & Play.

Contact data:

Address: San Francisco, California, United States

Email: [emailprotected]

19. DHVC

Next up on our list of top crypto VC investment funds is DHVC. This crypto VC invests primarily in startups and early-stage companies that look to disrupt already existing markets. A lot of these investments fall in the blockchain sector, but DHVC also funds Big Data, Artificial Intelligence, and Enterprise Software.

DHVC boasts an investment team that has the professional and technical knowledge to make educated and intelligent investments. The founding team has been together for over a decade.

Portfolio:

• Ontology
• Fantom
• Cosmos
• Brave
• FTX
• Blockfolio

Contact data:

Address: San Francisco Bay Area, Silicon Valley, West Coast

Email: [emailprotected]

20. Dragonfly Capital

Based out of San Francisco, Dragonfly Capital is a crypto VC investment firm that focuses on projects and opportunities in the cryptocurrency market. Dragonfly Capital seeks to support promising companies and provide them with the resources they need to be successful.

With the help of Dragonfly Capital, early-stage crypto projects can turn into independent, self-reliant crypto-based companies.

Portfolio:

• Avalanche
• Compound
• Bybit
• MakerDAO
• Dune Analytics

Contact data:

Address: San Francisco, California, United States

Email: [emailprotected]

21. Electric Capital

The next crypto venture capital investment firm on our list is Electric Capital. This fund was started by successful investors, entrepreneurs, and engineers, all with a background in technology. Before launching Electric Capital, these core team members started half a dozen companies, selling five of them.

Electric Capital is invested in more than one hundred different tech startups, with a value worth tens of billions of dollars.

Portfolio:

• Magic Eden
• Kraken
• Bitwise
• LlamaDAO
• Sublime Finance

Contact data:

Address: Palo Alto, California, United States

Email: [emailprotected]

22. Fenbushi Capital

The first blockchain-centric VC investment fund in Asia was Fenbushi Capital. This firm was founded by experienced tech veterans with backgrounds in finance. To date, Fenbushi Capital has provided support for more than 60 different projects located on 4 different continents.

Like many other funds on this list, Fenbushi aims to drive sustainable growth and adoption in the blockchain market. The firm actively works alongside many of its investments to do just that.

Portfolio:

• Circle
• CoinFlex
• Edge
• VeChain
• Sia

Contact data:

Address: Shanghai, Shanghai, China

Email: [emailprotected]

23. Genblock Capital

Genblock Capital is a venture capital firm that invests only in crypto and blockchain projects. These investments target early-stage and seed opportunities, primarily in decentralized finance (Defi) or the Metaverse. Genblock was a large part of the seed round for Astaria, an up-and-coming NFT lending site.

Portfolio:

• Kyber Network
• Filecoin
• FTX
• 1inch
• Solana
• Polkadot

Contact data:

Address: San Francisco, California, United States

Email: [emailprotected]

24. Grayscale

Even though Grayscale is known as an asset management first, it also invests heavily in cryptocurrency and blockchain-based projects. The company has been around since 2013 and currently has investments in companies that are valued at over $45 billion.

Portfolio:

• Solana
• Basic Attention Token
• Litecoin
• Ethereum
• Filecoin

Contact data:

Address: New York, New York, United States

Email: [emailprotected]

25. Gumi Cryptos

Gumi Cryptos is yet another crypto VC located in San Francisco. This VC specializes in blockchain and crypto-based companies, like all the other firms on our list. Gumi Cryptos seeks out investment opportunities with pre-seed and early-stage projects, offering them the resources they need to take the next step.

Portfolio:

• Theta
• 1inch
• Celsius
• Cloudnado
• OpenSea

Contact data:

Address: San Francisco, California, United States

Email: [emailprotected]

26. Jump Crypto

Next up is Jump Crypto, a VC investment firm with centers around the world, including the United States, Asia, and Europe. Jump Crypto believes in the future of blockchain, which is evident given the number of projects the firm has invested in. Jump Crypto researches up-and-coming projects and provides them with the resources they need to successfully get to market.

Portfolio:

• 0x
• Amp
• Bybit
• Kucoin
• Solana
• Serum

Contact data:

Address: Chicago, Illinois, United States

Email: [emailprotected]

27. Kenetic Capital

Kenetic Capital is a crypto VC investment firm focused on expanding the adoption and growth of the blockchain. The firm does this by investing in projects that are pre-seed or early stage and providing them with the funding they need. Additionally, Kinetic Capital also offers additional services, such as marketing and advisory boards.

Portfolio:

• Blockfi
• BlockApps
• Hex Trust
• io
• Blockdaemon

Contact data:

Address: Central, Hong Kong Island, Hong Kong

Email: [emailprotected]

28. Multicoin Capital

The next crypto venture capital fund on our list, Multicoin Capital, offers both a venture fund and a hedge fund. This firm is based in the United States and focuses solely on providing decentralized institutions with the support they need to continue to grow. Multicoin Capital focuses on blockchain-based companies that need seed funding.

Most of the blockchain investment fund’s portfolio consists of crypto-based companies that look to bring cutting-edge technologies to the masses through innovation and disruption.

Portfolio:

• Audius
• Solana
• Drift
• Ethereum
• Flow
• FTX

Contact data:

Address: Austin, Texas, United States

Email: [emailprotected]

29. Outlier Ventures

Outlier Ventures is a crypto investment fund dedicated to accelerating the open Metaverse. The fund has been around since 2014, focusing on investments in the blockchain and cryptocurrency market. However, Outlier Ventures takes things a step further by looking at projects that integrate artificial intelligence and the blockchain.

They see decentralized platforms and tools as the next layer for the internet of things while enabling additional technologies like AI and VR.

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Portfolio:

• Brave
• ChainLink
• Cosmos
• Polkadex
• IOTA

Contact data:

Address: London, England, United Kingdom

Email: [emailprotected]

30. Placeholder VC

Placeholder is a crypto venture capital fund located in New York. The fund invests in blockchain projects that focus on Web3 technology. However, Placeholder does things a little differently than traditional investment funds. The firm thinks in terms of funding networks and reams, which is essential to the long-term success of blockchain growth but isn’t given as much attention by other investment funds.

Portfolio:

• Balancer
• Kusama
• MakerDAO
• Orca
• ZCash
• Filecoin

Contact data:

Address: New York, United States