Multicoin Capital Management, LLC
Multicoin Capital Management, LLC is a Seed, Series A and Series C+ fund in Global writing $100K–$50M checks into AI, Fintech, execution-layer, stablecoins, defi, real-world-assets, depin, applications, fhe-and-zk, mev and ai-and-ml.
- Stages
- Seed, Series A, Series C+
- Sectors
- AI, Fintech, execution-layer, stablecoins, defi, real-world-assets, depin, applications, fhe-and-zk, mev, ai-and-ml
- Check size
- $100K–$50M
- Invests in
- Global
- Actively investing
- Yes
- Founded
- 2017
- Assets under management
- $2.6875B
- Website
- multicoin.capital
Thesis
Multicoin Capital Management is a thesis-driven investment firm investing in cryptocurrencies, tokens, and blockchain companies across public and private markets. The firm manages a master fund and several venture funds, including Venture Fund III, a $422 million vehicle raised in January 2022. Venture Fund III invests $1M-$50M in early-stage companies and founders. Multicoin's core thesis revolves around blockchain technology as the first-principles-correct technology for moving money, coordinating capital formation, and powering global financial markets. The firm invests across 10 distinct investment segments, including Execution Layer, Stablecoins, DeFi, Real-World Assets (RWAs), Payments, DePIN, Applications, FHE and ZK, MEV, and A.I. and ML. Multicoin invests in early-stage private equity and token deals, often in Seed or Series A rounds.
Common questions
Does Multicoin Capital Management, LLC invest at the Seed stage?
Yes. Multicoin Capital Management, LLC lists Seed, Series A and Series C+ among the stages it invests in.
What check size does Multicoin Capital Management, LLC write?
Multicoin Capital Management, LLC writes $100K–$50M checks.
Where does Multicoin Capital Management, LLC invest?
Multicoin Capital Management, LLC invests in Global.