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Blockchain Capital

North America, California, United States, San Francisco

Description

Blockchain Capital is a pioneering venture capital firm exclusively focused on the blockchain and cryptocurrency sectors. Founded in 2013, it was one of the earliest dedicated investors in this nascent industry, establishing its presence long before the mainstream adoption of digital assets. Based in San Francisco, the firm has consistently demonstrated a deep understanding of the underlying technology and its potential to disrupt various industries, positioning itself as a key player in the Web3 ecosystem. Its early entry allowed it to build a robust network and gain unparalleled insights into the evolving landscape of blockchain innovation.

Over the years, Blockchain Capital has systematically expanded its capital base, reflecting the rapid growth and increasing maturity of the blockchain space. The firm has successfully raised seven distinct funds, starting with a modest $10 million for its inaugural fund in 2013. This trajectory culminated in its most recent and largest vehicle, Fund VII, which closed at an impressive $580 million in early 2024. Cumulatively, the firm has raised over $1.3 billion in capital across all its funds, underscoring its significant financial capacity and long-term commitment to the digital asset ecosystem.

The firm's investment strategy is comprehensive, spanning from seed-stage startups to more mature growth-stage companies. Blockchain Capital actively seeks out foundational infrastructure, decentralized finance (DeFi), NFTs, gaming, and other innovative applications built on blockchain technology. Its portfolio boasts several industry giants and unicorns, including early investments in companies like Coinbase, Kraken, and Ripple, as well as later-stage investments in OpenSea and Dapper Labs. This flexible approach allows Blockchain Capital to support companies throughout their lifecycle, from inception to market leadership, solidifying its position as a leading investor in the blockchain space.

Investor Profile

Blockchain Capital has backed more than 172 startups, with 11 new investments in the last 12 months alone. The firm has led 54 rounds, about 31% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Germany, Singapore.
  • Strong thematic focus on Blockchain, Cryptocurrency, FinTech.
  • Led 10 rounds in the past year.
  • Typical check size: $500K – $25M.

Stage Focus

  • Seed (42%)
  • Series A (27%)
  • Series Unknown (11%)
  • Initial Coin Offering (6%)
  • Series B (5%)
  • Series C (4%)
  • Series D (1%)
  • Product Crowdfunding (1%)
  • Angel (1%)
  • Convertible Note (1%)

Country Focus

  • United States (66%)
  • Germany (5%)
  • Singapore (4%)
  • Canada (3%)
  • Cayman Islands (3%)
  • Spain (2%)
  • United Kingdom (2%)
  • Portugal (1%)
  • Gibraltar (1%)
  • China (1%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Fintech
  • Financial Services
  • Software
  • Bitcoin
  • Information Technology
  • Finance
  • Internet
  • Payments
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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 Blockchain Capital frequently co-invest with?

1kx
Europe, Berlin, Germany, Berlin
Co-Investments: 13
Pantera Capital
North America, California, United States, Menlo Park
Co-Investments: 17
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 16
Fenbushi Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 11
Distributed Global
North America, California, United States, Los Angeles
Co-Investments: 14
Maven 11 Capital
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 11
Digital Currency Group
North America, Connecticut, United States, Stamford
Co-Investments: 26
Polychain
North America, California, United States, San Francisco
Co-Investments: 15
CoinFund
North America, New York, United States, Brooklyn
Co-Investments: 10
RRE Ventures
North America, New York, United States, New York
Co-Investments: 10

Which angels does Blockchain Capital often collaborate with?

BP
North America, Nevada, United States, Las Vegas
Shared Deals: 5
BD
North America, California, United States, Palo Alto
Shared Deals: 6
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 4
TD
North America, California, United States, San Francisco
Shared Deals: 3
SK
Europe, England, United Kingdom, London
Shared Deals: 3
AL
North America, California, United States
Shared Deals: 2
SB
North America, California, United States, San Francisco
Shared Deals: 3
NR
North America, California, United States, San Francisco
Shared Deals: 5
MC
North America, Texas, United States, Dallas
Shared Deals: 4
EG
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by Blockchain Capital?

OneBalance

George Town, Midland, Cayman Islands

Blockchain, Account Model

BlockchainCryptocurrencyInternet
Series AJun 11, 2025
Amount Raised: $20,000,000
Kaia

Singapore, Central Region, Singapore

Kaia is a public blockchain that utilizes Byzantine Fault Tolerance (BFT) for enhanced reliability and performance.

BlockchainCryptocurrencyDecentralized Finance (DeFi)
Series UnknownApr 30, 2025
Camp Network

Virgin, Utah, United States

Camp Network is a purpose-built Layer 1 blockchain to power AI agents.

Series AApr 29, 2025
Amount Raised: $30,000,000
Tally

New York, New York, United States

Tally is a frontend for onchain DAOs

BlockchainCryptocurrency
Series AApr 22, 2025
Amount Raised: $8,000,000
Merit Systems

Brooklyn, New York, United States

Merit Systems aims to solve the "attribution problem" in software development.

AppsInformation TechnologySoftware
SeedJan 16, 2025
Amount Raised: $10,000,000
Bluesky

Seattle, Washington, United States

Bluesky is a social media platform fostering open connections and creativity.

AppsMessagingSocial MediaSocial Network
Series AOct 24, 2024
Amount Raised: $15,000,000
Yellow Card

Atlanta, Georgia, United States

Yellow Card is the largest and first licensed Stablecoin on/off ramp on the African continent

BitcoinCryptocurrencyFinTechTrading PlatformVirtual Currency
Series COct 16, 2024
Amount Raised: $33,000,000
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
Gameplay Galaxy

San Francisco, California, United States

Gameplay Galaxy is a computer games that the first Web3 competitive games decentralized ecosystem.

BlockchainGamingWeb3
SeedAug 27, 2024
Amount Raised: $11,170,000

BSX is a trading company that offers specializes in options and perpetual futures trading.

CryptocurrencyFinancial ServicesTrading Platform
SeedAug 21, 2024
Amount Raised: $4,000,000