BlockTower Capital logo

BlockTower Capital

North America, Florida, United States, Miami

Description

BlockTower Capital is a prominent digital asset investment firm based in Miami, Florida, established in 2017. The firm distinguishes itself through a multi-strategy approach to the burgeoning crypto and blockchain ecosystem, encompassing venture capital, liquid trading strategies, and credit solutions. This diverse operational model allows BlockTower to engage with the digital asset market across various stages of development and liquidity profiles, from early-stage protocol development to mature, liquid assets.

As a significant player in the crypto venture capital landscape, BlockTower Capital actively invests in foundational blockchain infrastructure, decentralized finance (DeFi), Web3 applications, and other innovative digital asset projects. Their venture arm focuses on identifying and supporting promising teams and technologies that are shaping the future of the decentralized web. The firm has notably participated in funding rounds for several high-profile projects, including StarkWare, Aptos, LayerZero, and Polygon, demonstrating their commitment to backing impactful innovations within the space.

In June 2022, BlockTower Capital successfully raised a dedicated $150 million venture fund, underscoring its continued confidence and strategic focus on early-stage and growth-stage investments in the blockchain sector. This substantial capital pool enables them to provide significant financial backing to their portfolio companies, often participating in multi-million dollar funding rounds. Their investment philosophy combines deep technical understanding with a comprehensive market perspective, aiming to generate superior returns by navigating the complexities and opportunities inherent in the digital asset class. BlockTower's long-term vision and active engagement with its portfolio companies position it as a key enabler of innovation in the global blockchain economy.

Investor Profile

BlockTower Capital has backed more than 53 startups, with 3 new investments in the last 12 months alone. The firm has led 16 rounds, about 30% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Initial Coin Offering rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, United Kingdom.
  • Strong thematic focus on Blockchain, Cryptocurrency, FinTech.
  • Typical check size: $1M – $10M.

Stage Focus

  • Seed (43%)
  • Series Unknown (19%)
  • Initial Coin Offering (17%)
  • Series A (11%)
  • Series B (4%)
  • Pre Seed (4%)
  • Corporate Round (2%)

Country Focus

  • United States (58%)
  • Singapore (8%)
  • United Kingdom (8%)
  • Canada (4%)
  • Switzerland (4%)
  • France (4%)
  • Australia (4%)
  • Philippines (2%)
  • Puerto Rico (2%)
  • Germany (2%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Fintech
  • Financial Services
  • Software
  • Finance
  • Information Technology
  • Web3
  • Internet
  • Lending
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does BlockTower Capital frequently co-invest with?

CMT Digital Ventures
North America, Illinois, United States, Chicago
Co-Investments: 6
Pantera Capital
North America, California, United States, Menlo Park
Co-Investments: 6
Hashed
North America, California, United States, San Francisco
Co-Investments: 5
Arrington XRP Capital
North America, Washington, United States, Seattle
Co-Investments: 4
Hypersphere Ventures
North America, Florida, United States, Miami
Co-Investments: 4
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 12
Fenbushi Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 4
Signum Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 5
DHVC
North America, California, United States, Palo Alto
Co-Investments: 4

Which angels does BlockTower Capital often collaborate with?

Uday Kumar Bangalore Shivaraman
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
RS
North America, New York, United States, New York
Shared Deals: 2
Bryan Pellegrino
North America, British Columbia, Canada, Vancouver
Shared Deals: 2
SC
North America, New York, United States, New York
Shared Deals: 2
TC
North America, California, United States, Culver City
Shared Deals: 2
AO
North America, California, United States, San Francisco
Shared Deals: 2
GB
North America, California, United States, San Francisco
Shared Deals: 3
MC
North America, Texas, United States, Dallas
Shared Deals: 2
Arthur Hayes
Asia, Hong Kong
Shared Deals: 2
BM
North America, United States
Shared Deals: 2

What are some of recent deals done by BlockTower Capital?

Superform Labs

Miami, Florida, United States

Superform Labs is a crypto yield markets publisher.

BlockchainCryptocurrencyService Industry
Series UnknownDec 12, 2024
Amount Raised: $3,000,000
vlayer Labs

London, England, United Kingdom

Vlayer simplifies zero-knowledge proofs and integrates web2 data for secure, decentralized web3 application development.

Decentralized Finance (DeFi)Web Design
Pre SeedSep 9, 2024
Amount Raised: $10,000,000
Morpho Labs

Paris, Ile-de-France, France

Morpho is a decentralized cryptocurrency lending protocol that provides lending and borrowing services.

BlockchainCryptocurrencyFinancial ServicesLending
Series UnknownAug 1, 2024
Amount Raised: $50,000,000
Anon

San Francisco, California, United States

The Integration Platform for the Internet. Empowering AI developers to build user-permissioned integrations for sites without APIs.

Developer PlatformGenerative AIIdentity ManagementSoftware
Pre SeedApr 24, 2024
Amount Raised: $2,000,000
Anon

San Francisco, California, United States

The Integration Platform for the Internet. Empowering AI developers to build user-permissioned integrations for sites without APIs.

Developer PlatformGenerative AIIdentity ManagementSoftware
SeedApr 24, 2024
Amount Raised: $4,500,000
Midas

Berlin, Berlin, Germany

Midas is a cryptocurrency application that allows users to sell and invest in cryptocurrency and tokens.

CryptocurrencyWeb3
SeedMar 28, 2024
Amount Raised: $8,750,000
Architect

New York, New York, United States

Architect provides a secure and customizable trading infrastructure while interfacing with crypto custodians and self-hosted wallets.

BlockchainCryptocurrencyDigital Marketing
Series AFeb 14, 2024
Amount Raised: $12,000,000
Superform Labs

Miami, Florida, United States

Superform Labs is a crypto yield markets publisher.

BlockchainCryptocurrencyService Industry
SeedFeb 8, 2024
Amount Raised: $6,500,000
Definitive

Los Angeles, California, United States

Definitive offers a financial management platform with cryptocurrency features and AI-powered customer support.

BlockchainCryptocurrencyFinancial ServicesTrading Platform
SeedNov 8, 2023
Amount Raised: $4,100,000
Due

London, England, United Kingdom

Due is a blockchain payment service provider that is developing a platform to connect domestic payment channels.

BlockchainPaymentsService Industry
SeedNov 7, 2023
Amount Raised: $3,300,000