21 Top Crypto Venture Capital Firms 2024

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Digital assets are commonly attainable and lucrative, but cryptocurrency can be challenging for startups and established founders. Crypto asset management investors can help manage and scale your blockchain assets.

This article will list various top crypto venture capital firms that invest in crypto-focused startups. Read further to learn about each investment establishment, industry, starting investment ranges, and Series types.

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Best Crypto VC Firms

Cryptocurrency is becoming dominant in many industries, including non-tech startups and popular digital wallet providers. Consider checking out various blockchain-based VC firms to learn more about their background, clientele, and funding statuses.

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1. Coinbase Ventures

Founded in 2018 in the heart of the Bay Area, Coinbase Ventures specializes in early-stage cryptocurrency exchange deals. The firm’s VC investors provide funding to blockchain startups and have clients in the fintech industry. 

While Coinbase experienced a challenging journey during its pre-seed period, it has become one of the most sought-after crypto investors since Bitcoin. Although the firm doesn’t disclose its investment range on its website, it has a history of 254 deals and maintains a total of $96 billion in assets. Other Coinbase portfolio investments include Polygon, Dapper Labs, Amber Group, and Animoca Brands.

2. Pantera Capital

  • Location: San Francisco, California
  • Stage: Pre-Seed
  • Investment Range: Pre-Seed
  • Notable Portfolio Companies: Pintu, Oxalis Games

Pantera Capital, a San Francisco-based asset management firm founded in 2013, maintains a high interest in liquid currencies such as Bitcoin. It targets early-stage VC and seed round deals but also focuses on financing companies in other digital currency types.

The firm maintains confidentiality about its investment range but boasts about its record of 210 investments. In addition, its investors are considered top-tier and have raised $1 billion for early-stage startups.

Pantera’s other notable clients include Parallel, Liquidity, FileCoin, and Acala. Also, the company maintains a professional relationship with Coinbase, a top cryptocurrency investment platform in the VC industry.

3. Digital Currency Group

  • Location: New York, New York
  • Stage: Seed, Series A–Series B
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Coindesk, Bitpay, FTX, Kraken

Based in greater New York, Digital Currency Group (DCG) is a crypto VC that invests in promising digital asset market projects. The company is hyper-focused on early-stage companies within the blockchain sector and provides debt financing services to fintech startups. 

DCG owns CoinDesk, a media platform that reports time-sensitive news about cryptocurrency businesses and events in the blockchain space. With the backing of top VC investors, CoinDesk continues to grow its audience and significant brand relationships.

DCG doesn’t disclose its investment range nor its total assets but has raised $1.1 billion and invested in 165 companies. Additionally, it has backed digital asset companies, such as Filecoin and Zcash.

4. Paradigm

  • Location: San Francisco, California
  • Stage: Seed, Series A–Series B
  • Investment Range: $1 Million
  • Notable Portfolio Companies: Optimism, Argent, Open Sea

Paradigm, a venture capital establishment based in the Bay Area, invests in crypto ventures. The firm’s team implements adaptable, long-term, multi-stage, and globalized strategies, helping companies troubleshoot and resolve their technical and functional issues. 

Paradigm has raised $2.5 billion and has backed over 80 companies. SignalPlus, Uniswap, and Blowfish are only a few of the firm's portfolio clients. 

5. Boost VC

  • Location: Silicon Valley (San Mateo, California)
  • Stage: Pre-Seed
  • Investment Range: $500,000
  • Notable Portfolio Companies: Wyre, Unstoppable, Octane AI

Boost VC is a crypto-focused VC team that invests in virtual reality, human augmentation, and AI and has a unique approach when funding projects. It focuses on founders interested in science fiction and other futuristic elements within each industry.

Typically, Boost invests up to $500,000 in startups they believe have the potential to evolve from pre-seed development to accomplished, profitable independent establishments. Aside from Boost’s notable clients, a few of its other portfolio investments are Human First, Deep Gram, Boomy, and Agnostic.

6. Framework Ventures

  • Location: San Francisco, California
  • Stage: Seed, Series A
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: OneKey, Krypton, Third Wave

Framework Ventures is a Bay Area-based capital investment firm hyper-focused on financing decentralized technological evolution. The firm’s VC investors work with entrepreneurs and groups to establish cryptocurrency marketplaces as a thesis-driven investment business. 

Although Framework maintains privacy about its investment range, it has backed 70+ companies and raised $14 million in September 2022. The firm has also invested in clients such as Pods, Slingshot, and Chainflip.

7. Jump Crypto

  • Location: Chicago, Illinois
  • Stage: Seed, Series A–Series B
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Coral, Magpie Protocol, Juno

Jump Crypto is a VC investment firm operating from its main headquarters in the downtown Chicago area. Its team believes in the progression of blockchain and provides financing to growing startups in the sector.

While Jump Crypto opts not to reveal its investment range, it has backed over 40 companies and raised $18 million in June 2022. Additional Jump Crypto profile companies include Skip, Spectral, and Injective.

8. Andreesen Horowitz

  • Location: Menlo Park, California
  • Stage: Seed, Series B–Series G
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: BuzzFeed, Bold, Foursquare, Seed

Located in Menlo Park in California, Andreesen Horowitz, also known as a16z, is a venture capital investor that funds blockchain-based firms. The firm brings traditional venture capital investments to the crypto world and has been a vital cryptocurrency investor for a decade.

a16z has built an impressive portfolio of over 1,000 companies and raised $30 billion. The firm’s additional clients include Tally, TripActions, Golden, and Sequence.

9. Draper Associates

  • Location: San Mateo, California
  • Stage: Seed, Series A
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Coinbase, Ledger, MakerDAO, Tezos

Draper Associates operates as a venture capital firm focused on enterprises that have the potential to change the industry. They provide financing for media mobile, finance, and cloud startups with outstanding work ethics, using practical strategies to help them scale their businesses to a higher level.

With over 300 investments, Draper Associates investors have raised $420 million across two funds and funded Skype, which Microsoft later acquired. The company does not disclose its investment range but maintains an impressive portfolio of thriving enterprises such as Bitcoin, Autopilot, and Wyre.

10. AU21 Capital

  • Location: San Francisco, California
  • Stage: Seed, Series A
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Republic, Helium, Binance, Avalanche

AU21 Capital is a Bay Area-based hedge and hybrid firm that backs promising entrepreneurs and projects in the AI and blockchain sectors. The company provides its support by assisting founders with the industry connections and resources to evolve in their specialized industries. Since AU21 started its cryptocurrency journey, it has gained advanced knowledge to advise new startups about various aspects of blockchain.

While AU21’s headquarters operates in San Francisco, it also has an additional division in Hong Kong, where it maintains close connections with associates specializing in blockchain and other digital currency types. The firm keeps its investment range private but has invested in 100+ companies, and some of its other portfolio clients include Linear, HydraDX, Polygon, Litentry, Tidal, Polkadot, and Manta Network.

11. Blockchain Capital

  • Location: San Francisco, California
  • Stage: Seed, Series A
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Coinbase, Kraken, TRM

Located in the Bay Area, Blockchain Capital maintains a highly-regarded status as a private equity company in the crypto venture capital market. Its investment team primarily focuses on the tokenization, stablecoins, and supply chain sectors, continuing to build partnerships with startups. They also look for promising market investment opportunities by using various resources to conduct research.

Since Blockchain Capital’s inception, it has funded 90+ invested companies specializing in crypto and has accumulated up to $300 million in assets. A few of the company’s other portfolio clients, such as Filecoin, Cowswap, and Wyre, remain active connections in its network.

12. Multicoin Capital

  • Location: Austin, Texas
  • Stage: Seed, Series A
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Bakkt, Coin98, CoinBooks

Multicoin Capital is a Bay Area-based thesis-driven venture firm and a hedge fund that invests in various blockchain companies and specializes in other types of digital currency. The firm’s VC investors focus on financing decentralized institutions to help their growth.

The blockchain firm’s investment range is unknown, but it has invested in over 100 companies and raised $605 million in July 2022. Most of the team’s portfolio comprises crypto-friendly companies, including CoinList, Greenwood, and Bolt. All three establishments bring cutting-edge technologies to the masses through innovation and disruption.

13. Side Door Ventures

  • Location: San Francisco, California
  • Stage: Seed, Series A–Series C
  • Investment Range: $100,000–$5 Million
  • Notable Portfolio Companies: Biosapien, Spacex, Foxquilt, and Blue Wire

Based in the greater San Francisco area, Side Door Ventures is a global capital firm focusing on pre-seed through Series C companies. The firm specializes in security, deeptech, and financial services but mainly invests in blockchain startups working to become cryptocurrency tycoons.

Side Door invests between $100,000 and $300,000 in early-stage startups and $500,000–$5 million in late-stage establishments. Other notable Side Door portfolio companies include Orion Biotechnology, Builtfirst, and Mira.

14. The House Fund

  • Location: Berkeley, California
  • Stage: Pre-Seed, Seed
  • Investment Range: $100,000–$400,000
  • Notable Portfolio Companies: Pebble, Ponder, Opaque Systems

Founded in 2016, The House Fund is a venture capital fund based in Berkeley, California. The firm seeks to invest in pre-seed and early-stage companies. It also prefers to provide financial services to startups in Berkeley's artificial intelligence, machine learning, and SaaS sectors.

The House Fund has 50 investments on its record, but it actively looks for new thesis-driven companies to fund and help grow within its industries. Its VC investors also proudly boast about its unstoppable founders and clients, including Block Tackle, Dynaboard, and Dayslice.

15. SV Angel

  • Location: San Francisco, California
  • Stage: Seed, Series A–Series B
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Stripe, Instacart, Zapier, Snapdocs 

SV Angel is a San Francisco-based venture fund early-stage investment firm that values trust, loyalty, and integrity as its most crucial strategies. As a service organization, SV invests in founders who share similar values and implement them in their business practices. 

According to SV’s website, the firm maintains confidentiality about its investment range. However, the firm has an impressive history of backing significant enterprises, reaching over $1 trillion in sales, assets, and revenue combined. Most importantly, it supports entrepreneurs in building lasting companies and leveraging its network to help improve scalability and profitability. Reddit, Brex, and Dave are three other companies that SV has backed and achieved acquisitions.

16. Dragonfly Capital Partners

  • Location: San Francisco, California
  • Stage: Seed, Series A
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Commonwealth, Dune Analytics, Sense Finance

Dragonfly Capital Partners, a Bay Area-based firm, unites leading participants in the finance, people ops, and communications sectors. Its global ecosystem enables its team to invest in and support the most promising opportunities in the crypto industry and companies that exhibit potential growth.

Unfortunately, Dragonfly’s investment range is private, but the firm has invested in over 100 startups, including crypto-based establishments, and has raised $950 million across four funds since its inception in 2018. The firm’s other portfolio companies include MetaverseGO, Harpie, and Cabital. 

17. Placeholder

  • Location: New York, New York
  • Stage: Seed, Series A–Series B
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Mona Gallery, MakerDAO, Filecoin

Placeholder is a crypto venture capital firm based in the heart of New York City. The firm invests in blockchain projects that are Web3 technology-focused. However, it also implements innovative strategies to stand out among its competitors. They consider the needs and statuses of funding networks and reams, which is essential to the long-term success of blockchain growth, which other firms ignore.

Although Placeholder prefers not to reveal its investment range, it has invested in over 50 companies. Its portfolio includes Rated, WeatherXM, Monaverse, Gearbox Protocol, and Zerion.

18. Electric Capital

  • Location: Palo Alto, California
  • Stage: Seed, Series A–Series B
  • Investment Range: $10 Million
  • Notable Portfolio Companies: Espresso, Coinflex, Genesis Digital Assets

Founded by investors, entrepreneurs, and engineers who specialize and have extensive experience in technology, Electric Capital is a venture capital firm hyper-focused on various aspects of the digital cryptocurrency industry. Additionally, the firm’s investors work with technology entrepreneurs who implement their time and effort to move past their pre-seed stage.

Electric Capital has provided funding to tech startups with a value worth at least $10 billion. Also, the firm raised $4.2 million in October 2022. Other Electric Capital portfolio companies include Lasso Labs, Sweatcoin, and Immunefi.

19. Union Square Ventures

  • Location: New York, New York
  • Stage: Seed, Series A
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Ghost, Molten Industries, Wallet Connect

Based in greater New York, Union Square Ventures invests its capital. The firm’s VC investors work with trusted brands that broaden access to knowledge and well-being by leveraging networks, platforms, and protocols.

Union Square has invested in over 100 companies and has raised $2.5 million across 13 funds. The firm’s additional profile ventures include Blackbird, Primitives, and Slutty Vegan.

20. Google Ventures

  • Location: Mountain View, California
  • Stage: Seed
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Bloom Institute of Technology, Giphy

Google Ventures, also known as GV, seeks to discover and invest in companies across various industries, including consumer internet, biotech, and health care. It invests funds ranging from seed funding to millions, depending on the stage of the opportunity and the company's capital requirements.

GV has invested in over 1,000 companies, including industry tycoons like Stripe, Blockchain, and AngelList, and has 400 deals on its record. Since its inception, it has accumulated $8 billion in assets.

21. Arrington XRP Capital

  • Location: Seattle, Washington
  • Stage: Seed, Series A
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Moss, Clear Pool, Mellow Protocol

Arrington XRP Capital is a Series A investor for startups specializing in various technology sectors. Founded by CrunchBase owner Jager McConnell, the funding firm has leverage over other companies in the same industry due to its innovative management by McConnell.

The venture capital firm launched a $100 million fund in July 2022 for tech startups specializing in crypto and other types of digital currency sectors. Other Arrington portfolio companies include Domain Money, RociFi, and Metalink.

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