Backing crypto’s defining founders.

We partner with teams from the earliest stages through the moments of breakout growth, when they are ready to scale.

We believe crypto is rearchitecting global commerce. Fundamental services such as money, payments, banking, capital markets, and identity are being reshaped in real time. Since the publication of the original Bitcoin white paper sixteen years ago, the technology has matured significantly to meet this opportunity. And while adoption is accelerating, with a growing global user base and meaningful real-world applications, we believe crypto is still in its early innings.

We invest with conviction and intentionally partner with only a select group of founders each year.
The definition of a “crypto founder” is expanding, and the lines are increasingly blurred. We back both crypto-native teams and those leveraging crypto to build the next generation of technology products.

Nimble team with mainstream reach.