Blockchain Capital
Fund Size
~$2B AUM. Over 170 entrepreneurs across 100+ blockchain companies.
Thesis
The first venture capital firm dedicated exclusively to funding the blockchain/Bitcoin ecosystem. Blockchain Capital pioneered the thesis that digital asset venture capital could be a standalone asset class. In 2017, they launched the world's first security token (BCAP) through Fund III, tokenizing their own fund.
Portfolio
Coinbase, Kraken, Circle, BitGo, Ripple, Anchorage, Chainalysis, Fireblocks, Securitize, Worldcoin, Aptos, and OpenSea, among many others.
Why It Matters
Blockchain Capital proved that dedicated digital asset venture capital was viable, and lucrative. Being first gave them access to virtually every important deal of the 2013-2018 era. Their fund structure became the template every subsequent digital asset VC fund was modeled on.