Altcoins
Venture Capital Financing in Crypto, Explained
Want to start a crypto business? Even if you don’t, read this article to learn the ins and outs of crypto venture capital financing #Sponsored
From Andreeseen Horowitz to Sequoia Capital, some of the largest tech-oriented VC firms are turning their attention toward crypto startups.
Institutional investors have also been hit by the fear of missing out on the next rally. As a result, many VC firms have begun investing exclusively in crypto and blockchain startups. Some of these VC funds have been created by reputable firms that have been around for many years. Here are the most active crypto VC funds:
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A16z Crypto — a subsidiary of VC firm Andreessen Horowitz.
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Pantera Capital — a U.S.-based Bitcoin investment firm and hedge fund.
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Galaxy Digital — a crypto merchant bank founded by former billionaire Michael Novogratz.
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Winklevoss Capital — a VC fund managed by Tyler and Cameron Winklevoss. The brothers have invested a lot in Bitcoin and in many crypto projects, becoming crypto billionaires.
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Digital Currency Group (DCG) — a VC firm led by Barry Silbert.
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Coinbase Ventures — the VC arm of crypto exchange Coinbase.
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ConsenSys Ventures — the VC arm of ConsenSys, the Ethereum development studio, based in New York.
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Fenbushi Capital — the first Chinese blockchain-oriented VC firm.
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Blockchain Capital — one of the oldest venture investors in the industry.
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Yeoman’s Capital — one of the most active, early-stage investors in blockchain firms.
These and dozens of other VC firms have invested in crypto and blockchain firms across various sectors, including trading & investing, finance, payments, real estate, health care, supply management and so on.
On a side note, the Crypto Finance Conference, a leading crypto finance and blockchain event, will gather some of the venture capitalists mentioned above, including the Winklevoss twins, David Johnston of Yeoman’s Capital, Ken Seiff of Blockchange Ventures and Beanstalk Ventures, Michael Bucella of BlockTower Capital and many more. The event, aimed at crypto investors, is scheduled for mid-January of next year.
Some of the startups that have benefited from VC are Securitize, Coinmine, Matic Network, Etherscan, BitPay, Bitwala, blockchain.com, BlockFi, Chainalysis, Layer1 Capital, Civic DCG, Wave Financial, Xapo and many more.
Many well-established crypto firms have developed thanks to venture capital financing, including Circle and Coinbase itself.
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