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Multicoin Capital

North America, Texas, United States, Austin

Description

Multicoin Capital is a thesis-driven cryptofund that invests long term in tokens that reshape entire sectors of the global economy.

Investor Profile

Multicoin Capital has made 143 investments, with 15 in the past 12 months and 50% as lead.

Stage Focus

  • Seed (51%)
  • Series A (22%)
  • Series Unknown (10%)
  • Initial Coin Offering (9%)
  • Series B (3%)
  • Pre Seed (2%)
  • Series D (1%)
  • Series C (1%)

Country Focus

  • United States (59%)
  • Singapore (7%)
  • China (3%)
  • United Kingdom (3%)
  • Switzerland (3%)
  • Canada (2%)
  • Norway (2%)
  • Philippines (2%)
  • Hong Kong (2%)
  • Australia (2%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Software
  • Financial Services
  • Information Technology
  • Internet
  • Web3
  • Fintech
  • Finance
  • Apps
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FAQ

Frequently Asked Questions

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

Who does Multicoin Capital frequently co-invest with?

Hashed
North America, California, United States, San Francisco
Co-Investments: 10
SV
North America, New York, United States, Brooklyn
Co-Investments: 16
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 21
PC
North America, Connecticut, United States, Greenwich
Co-Investments: 10
DeFiance Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 10
Blockchange Ventures
North America, New York, United States, New York
Co-Investments: 10
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 12
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 11
CoinFund
North America, New York, United States, Brooklyn
Co-Investments: 11
Alameda Research
Asia, Hong Kong Island, Hong Kong, Central and Western
Co-Investments: 24

Which angels does Multicoin Capital often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 4
RS
North America, New York, United States, New York
Shared Deals: 3
VL
North America, California, United States
Shared Deals: 3
SK
Europe, England, United Kingdom, London
Shared Deals: 3
MD
North America, New York, United States, New York
Shared Deals: 2
NR
North America, California, United States, San Francisco
Shared Deals: 3
AY
North America, California, United States
Shared Deals: 7
RG
North America, California, United States, San Francisco
Shared Deals: 2
CL
North America, California, United States, San Francisco
Shared Deals: 3
Do Kwon
Asia, South Korea
Shared Deals: 3

What are some of recent deals done by Multicoin Capital?

DoubleZero is developing a global fiber network intended for high-performance distributed systems and blockchains.

BlockchainInternet
Initial Coin OfferingMar 5, 2025
Amount Raised: $28,000,000
Across Protocol

Chicago, Illinois, United States

Across Protocol is a blockchain transaction chain provider.

BlockchainFinancial ServicesTransaction Processing
Initial Coin OfferingMar 4, 2025
Amount Raised: $41,000,000
GEODNET

Los Altos, California, United States

Global Earth Observation Decentralized Network (GEODNET) is the first network that utilizes the limited Earth surface as the resource.

BlockchainGeospatialInternet of ThingsMapping ServicesMetaverse
Initial Coin OfferingFeb 25, 2025
Amount Raised: $8,000,000
StarTower

New York, New York, United States

StarTower is a mobile node network that offers data security, resource interaction, financial audit, and web and mobile services.

BlockchainFinanceInformation TechnologyWeb3
SeedFeb 8, 2025
Amount Raised: $50,000,000
Mevvy Network

Austin, Texas, United States

Mevvy Network enables seamless MEV on any chain, reducing the barrier of entry for searchers.

Financial ServicesFinTechSoftware
SeedJan 29, 2025
Amount Raised: $2,800,000
Drift

Sydney, New South Wales, Australia

Drift brings on-chain, cross-margined perpetual futures to Solana.

BlockchainInternet
Series BSep 19, 2024
Amount Raised: $25,000,000
Fuse Energy

New York, New York, United States

Fuse is an energy supplier that offers the UK's cheapest electricity tarif. Also active in the US.

Electrical DistributionEnergyRenewable Energy
Series UnknownSep 17, 2024
Amount Raised: $12,000,000
Permissionless Labs

Irvine, California, United States

Permissionless Labs is redefining digital content distribution by pioneering the free and safe movement of content around the world.

ContentContent Delivery NetworkDigital Entertainment
Series ASep 16, 2024
Amount Raised: $10,000,000
Gradient Network

Singapore, Central Region, Singapore

Gradient Network is a provider of decentralized computing services aimed at improving interoperability among blockchain networks.

Financial ServicesInternetWeb Development
SeedSep 15, 2024
zkMe

Kowloon City, Kowloon, Hong Kong

zkMe operates as a zero-knowledge Identity Oracle provider.

BlockchainIdentity ManagementInformation Services
SeedAug 20, 2024
Amount Raised: $4,000,000