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, metaverse, and web3 investment. 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. The firm dedicates investment to the earliest stages of the startup lifecycle, partnering with talented founding teams that are making waves across the cryptoeconomy.

2. Pantera Capital

  • Location: Silicon Valley (Menlo Park, California)
  • Stage: Seed, Early-Stage, Late Stage
  • Notable Portfolio Companies: Pintu, Oxalis Games, Alchemy

Pantera Capital is an investment firm founded by Dan Morehead, former Chief Financial Officer (CFO) and Head of Macro Trading at Tiger Management. The firm targets early-stage VC and seed round deals but also focuses on financing companies in other digital currency types.

The firm boasts $4.7 billion in assets under management from 100 venture investments and 110 early-stage token investments. Pantera Capital engages in three investment types: venture equity, early-stage tokens, and liquid tokens. 

3. Digital Currency Group

  • Location: Stamford, Connecticut
  • Stage: Seed, Growth, Late Stage
  • 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. 

Since its inception in 2012, DCG has made more than 200 equity investments and more than 50 fund investments in over 25 countries worldwide. The firm backs startups at all stages from seed to token launch to public markets, aiming to fill market gaps with powerful founding teams. 

4. Paradigm

  • Location: San Francisco, California
  • Stage: Pre-Seed, Seed, Series A, Growth
  • 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. 

Since its inception in 2018, Paradigm has invested in over 80 companies. The firm aims to deploy capital into promising companies at the earliest stages of formation with continued support throughout the growth stages. 

5. Boost VC

  • Location: San Mateo, California
  • Stage: Pre-Seed
  • 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 deep tech pre-seed startups they believe have the potential to evolve into 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
  • 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 more than 130 companies and has over $1.4 billion in assets under management. 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
  • Notable Portfolio Companies: Coral, Magpie Protocol, Juno

Jump Crypto is a corporate venture capital branch of Jump Trading. 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 127 companies since its inception in 2015. Additional Jump Crypto profile companies include Skip, Spectral, and Injective.

8. Andreesen Horowitz

  • Location: Menlo Park, California
  • Stage: Seed, Venture, Growth Stage
  • 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 boasts $42 billion in assets under management. The firm is stage agnostic, backing companies from seed to growth-stage in a variety of sectors, providing valuable resources and guidance to portfolio companies.

9. Draper Associates

  • Location: San Mateo, California
  • Stage: Seed, Early-Stage, Series A, Series B
  • Notable Portfolio Companies: Coinbase, Ledger, Maker, 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 500 investments and 155 exits, Draper Associates investors have a wealth of experience in recognizing and backing disruptive startups. 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: Pre-Seed, Seed, Series A, Early-Stage
  • Notable Portfolio Companies: Republic, Helium, Binance, Avalanche

AU21 Capital is a Bay Area-based venture capital firm that backs promising entrepreneurs and projects in the AI and blockchain sectors. The company provides support beyond capital by assisting founders with the industry connections and resources to evolve in their specialized industries. Since AU21’s inception in 2017, 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 300+ companies.

11. Blockchain Capital

  • Location: San Francisco, California
  • Stage: Seed, Series A, Early-Stage, Late Stage
  • 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 more than 170 invested companies specializing in crypto and has accumulated over $2 billion in assets under management. 

12. Multicoin Capital

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

Multicoin Capital is a thesis-driven investment firm managing both a hedge fund and multiple venture funds. The firm is dedicated to investing in cryptocurrency, blockchain, and tokens in both private and public markets. 

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 B, Series C
  • 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, seed startups and $500,000 to $5 million in late-stage companies between Series A and Series C. Other notable Side Door portfolio companies include Orion Biotechnology, Builtfirst, and Mira.

14. The House Fund

  • Location: Berkeley, California
  • Stage: Pre-Seed, Seed, Early-Stage
  • 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 founded by Berkeley alumni. 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: Early-Stage, Seed, Growth-Stage, Series B
  • Notable Portfolio Companies: Stripe, Instacart, Zapier, Snapdocs 

SV Angel (SVA) is a venture capital firm comprising two funds, an early-stage Seed Fund and a late-stage Growth Fund. As a service organization, SV invests in founders who share similar values and implement them in their business practices. 

According to SVA’s website, their Seed Fund invests between $150,000 and $200,000 while Growth Fund investments, typically Series B or later, vary in size. 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
  • Notable Portfolio Companies: Commonwealth, Dune Analytics, Sense Finance

Dragonfly Capital Partners is a crypto-centric venture capital firm. 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.

Dragonfly boasts over 100 investments with more than $3 billion in assets under management as of 2022. The firm’s other portfolio companies include MetaverseGO, Revel, and Polygon.

17. Placeholder

  • Location: New York, New York
  • Stage: Seed, Series A, Series B
  • Notable Portfolio Companies: Mona Gallery, MakerDAO, Solana

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 75 companies. Its portfolio includes Rated, WeatherXM, Monaverse, Gearbox Protocol, and Zerion.

18. Electric Capital

  • Location: Palo Alto, California
  • Stage: Seed, Series A, Series B
  • 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 invested in over 120 companies with 12 exits under their belt. Since the firm’s inception in 2018, they have garnered over $2 billion in assets under management, as of 2022. 

19. Union Square Ventures

  • Location: New York, New York
  • Stage: Seed, Series A, Growth Stage, Late Stage
  • 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 130 companies and has $1.5 billion in assets under management as of 2023. The firm’s additional profile ventures include Blackbird Labs, Polygon, and WalletConnect.

20. Google Ventures

  • Location: Mountain View, California
  • Stage: Seed, Series A
  • 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 boasts over 400 active portfolio companies as well as 65 initial public offerings (IPO) and 175 mergers and acquisitions (M&A). Since its inception, it has accumulated more than $10 billion in assets under management.

21. Arrington XRP Capital

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

Arrington XRP Capital is an asset management firm specializing in digital assets and web3 investments. Founded in 2017 by CrunchBase and TechCrunch founder, Michael Arrington, TechCrunch CEO Heather Harde, and Geoffrey Arone, the firm boasts a high level of expertise backing their investment strategy.

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. Since its inception, Arrington has invested in over 200 early-stage startups. 

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