14 Top Crypto Venture Capital Firms Active Right Now

For founders in the cryptocurrency and Web3 space, understanding which investors are actively funding new projects is a critical part of preparing to raise capital. Finding the right partner who understands the blockchain industry is key.

To help you identify relevant investors, our team at Rho has curated this guide to the top crypto venture capital firms. It provides an overview of VCs focused on everything from seed funding to later-stage rounds, helping you target your outreach.

Rho provides access to business banking, corporate cards, and bill pay — built for startup teams moving fast.

Key Takeaways

• For startups in the cryptocurrency sector, securing venture funding provides the capital to scale operations, accelerate product development, and gain credibility in the market.
• The cryptocurrency industry is supported by many active investors, with firms like Coinbase, Ripple, Paradigm, and Haun Ventures being notable backers of new and growing companies.
• Once you've secured funding, Rho helps you manage your new capital with integrated tools for business banking, corporate cards, and automated bill pay.

Which VC Firms in Cryptocurrency Are Right for Your Stage?

From your first seed round to a future exit, knowing which investors to approach is key. Here is a brief look at crypto-focused VC firms and the stages at which they typically invest.

Pre-seed and Seed VC Firms in Cryptocurrency

This is the earliest stage of funding, intended to help you transform an idea into a minimum viable product and find initial market fit. Some of the most active seed funding venture capital firms in the crypto space include Coinbase Ventures, Framework Ventures, and Orange DAO.

Early Stage VC Firms in Cryptocurrency

Early-stage funding, which typically includes Series A and Series B rounds, is for companies that have a proven product and are ready to scale their team and customer base. Notable early stage VC firms that support growing Web3 companies are Paradigm, a16z crypto, and Ripple.

Late Stage VC Firms in Cryptocurrency

Late-stage rounds are designed for mature companies preparing for major expansion, acquisitions, or a potential public offering. For founders approaching this phase, late stage venture capital firms like Blockchain Capital and Legendary Ventures provide capital for significant growth.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently. It is also worth noting that many prominent crypto VC firms invest across all startup funding stages.

Here is a more detailed look at the top VC firms focusing on the cryptocurrency sector, including key details about their investment stages, geographic focus, and what makes each firm distinct.

1. Coinbase

As the venture arm of the widely used crypto exchange, Coinbase Ventures invests in companies building an open financial system. They aim to support early-stage founders creating the foundational elements of Web3.

Their portfolio shows a focus on core infrastructure, including NFT marketplace OpenSea and scaling solutions like Arbitrum and Optimism. The firm often integrates portfolio technology, using the Optimism stack to power its own Base rollup.

Founders building protocols or platforms that could benefit from a strategic partnership with a major exchange would find this firm a strong fit. This is especially true for teams working on DeFi and core infrastructure.

• Investment stages: Primarily pre-seed and seed
• Industries of focus: Blockchain, cryptocurrency, and FinTech
• Geographical presence: San Francisco, but invests globally
• Founded: 2012
• Notable portfolio companies: OpenSea, Uniswap, Arbitrum, StarkWare
• Portfolio size: Over 40 investments

You can refer to their website here.

2. Ripple

Ripple is a technology company that builds solutions for global payments, crypto liquidity, and central bank digital currencies. Through its venture activities, the firm backs companies that align with its vision for the future of finance and Web3.

The firm's primary focus is on FinTech, blockchain, and Web3, with an emphasis on payments and internet infrastructure. Their portfolio includes companies in AI-driven customer support and developer productivity, indicating an interest in foundational enterprise technology.

This firm is a good match for founders building in the FinTech and Web3 sectors, particularly those working on payment or liquidity solutions. Teams creating enterprise software may also find a valuable partner here, given Ripple's investments in that space.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Early Stage Venture
• Industries of focus: Blockchain, Cryptocurrency, FinTech, Payments, Web3
• Geographical presence: San Francisco, California
• Founded: 2012
• Notable portfolio companies: Voiceflow, Rose Rocket, ZenHub
• Portfolio size: 44 investments

You can refer to their website here.

3. Paradigm

Paradigm is a research-driven investment firm that backs crypto and Web3 projects from their earliest stages. They support companies and protocols across the funding spectrum, from seed rounds to later-stage growth.

The firm's approach is deeply rooted in research, signaling a preference for technically complex and ambitious projects. Their portfolio includes foundational Web3 platforms like Uniswap, OpenSea, and Optimism, showing a focus on category-defining companies.

This firm is an excellent fit for founders building technically ambitious projects at the core of the Web3 ecosystem. Teams that value a partner with deep research capabilities and a long-term perspective will find Paradigm to be a strong ally.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed, early, and late-stage venture
• Industries of focus: Bitcoin, Blockchain, Cryptocurrency, Ethereum, Finance, Web3
• Geographical presence: San Francisco, California
• Founded: 2018
• Notable portfolio companies: Coinbase, Uniswap, Optimism, OpenSea, dYdX
• Portfolio size: 126 investments

You can refer to their website here.

4. Haun Ventures

Haun Ventures is an investment firm that backs companies in the crypto space. Founded in 2021, the firm supports founders from the earliest seed and venture stages.

The firm has a strong track record of backing category-defining companies, with a portfolio that includes OpenSea, Chainalysis, and Fireblocks. Their investment strategy spans from seed rounds to later venture stages, showing a flexible approach to supporting founders.

This firm is a great match for founders with ambitious goals to build foundational protocols or large-scale platforms in Web3. Teams seeking a partner with a record of supporting high-growth companies that achieve significant scale would find them a good fit.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed, early-stage venture, and secondary market
• Industries of focus: Cryptocurrency, Financial Services, Impact Investing
• Geographical presence: Menlo Park, California
• Founded: 2021
• Notable portfolio companies: OpenSea, Chainalysis, Fireblocks, Aptos Labs, Autograph
• Portfolio size: 30 investments

You can refer to their website here.

5. Blockchain Capital

Blockchain Capital is a venture firm that invests in companies building with blockchain-enabled technology. They have been active since 2013, making them one of the more established investors in the sector.

The firm invests across a company's entire lifecycle, from seed and crowdfunding rounds to late-stage venture and secondary markets. Their portfolio includes foundational crypto companies like Coinbase, Kraken, and OpenSea, showing a focus on market-defining businesses.

This firm is a strong choice for founders building core blockchain infrastructure or applications with the potential for mass adoption. Their ability to invest at any stage makes them a potential long-term partner for growth.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Crowdfunding, seed, early-stage, late-stage, and secondary market
• Industries of focus: Bitcoin, Blockchain, Cryptocurrency, Finance, FinTech
• Geographical presence: San Francisco, California
• Founded: 2013
• Notable portfolio companies: Aave, Anchorage Digital, Coinbase, Kraken, OpenSea
• Portfolio size: Over 180 investments

You can refer to their website here.

6. Solana

As the corporate venture arm of the Solana blockchain, the firm invests in projects building on its high-performance platform. Their primary goal is to expand the Solana ecosystem by backing decentralized applications and crypto-native companies.

The firm’s investments are highly strategic, focusing on projects that drive network adoption and utility. Their portfolio includes ecosystem cornerstones like the NFT marketplace Magic Eden, the popular wallet Phantom, and the move-to-earn app STEPN.

This firm is an ideal partner for founders developing applications, infrastructure, or protocols specifically for the Solana blockchain. Teams aiming to leverage Solana's speed and low transaction costs will find strong alignment here.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Crowdfunding
• Industries of focus: Apps, Blockchain, Cryptocurrency, Finance, FinTech, Virtual Currency
• Geographical presence: San Francisco, California
• Founded: 2017
• Notable portfolio companies: Magic Eden, STEPN, Jito Labs, Phantom, Metaplex
• Portfolio size: 25 investments

You can refer to their website here.

7. Framework Ventures

Framework Ventures is a venture capital firm that backs founders building with blockchain technology. They focus on supporting companies that are creating the core components of the decentralized web.

The firm has a clear focus on foundational blockchain infrastructure and decentralized finance (DeFi). Their portfolio includes category-defining projects like the lending protocol Aave, the oracle network Chainlink, and the Ethereum scaling solution Optimism.

This firm is a good fit for founders developing core protocols or applications in the DeFi and Web3 space. Teams with a strong technical vision for building foundational blockchain components will find them to be a relevant partner.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed, early-stage venture, and ICOs
• Industries of focus: Blockchain and cryptocurrency
• Geographical presence: San Francisco, California
• Founded: 2019
• Notable portfolio companies: Aave, Chainlink, Optimism, Celestia, Illuvium
• Portfolio size: 143 investments

You can refer to their website here.

8. Republic

Republic is an investment firm and crowdfunding platform that gives a broad range of investors access to startups, real estate, and crypto projects. They support companies through their venture arm, Republic Capital, focusing on early-stage opportunities.

The firm's model is unique, combining traditional venture investing with a public crowdfunding platform, which can help democratize access to startup investing. Their portfolio includes major FinTech and crypto companies like Plaid and Kraken, showing a focus on foundational financial infrastructure.

This firm is a strong match for early-stage founders in the FinTech or crypto sectors, especially those who see value in building a community of supporters. Companies creating tools for the modern financial stack could find a strategic partner in Republic.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Early Stage Venture
• Industries of focus: Crowdfunding, Cryptocurrency, Financial Services
• Geographical presence: New York, New York
• Founded: 2016
• Notable portfolio companies: Carta, Dapper Labs, Klarna, Kraken, Plaid
• Portfolio size: 78 investments

You can refer to their website here.

9. Coinbase Ventures

As the investment arm of Coinbase, Coinbase Ventures provides capital to early-stage cryptocurrency and blockchain startups. Their mission is to support companies that are building an open financial system from the ground up.

The firm is known for its broad investment strategy, backing companies from seed to late-stage and building a portfolio of over 400 projects. Their investments include high-growth protocols, with some reports highlighting Polygon, NEAR Protocol, and Aptos as notable successes, reflecting a focus on foundational infrastructure.

Coinbase Ventures is an ideal partner for founders developing core Web3 protocols, especially those who could benefit from a strategic relationship with a major exchange. Their track record suggests a preference for technically ambitious projects that form the backbone of the ecosystem.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed, early-stage, and late-stage venture, including ICOs
• Industries of focus: Blockchain, Cryptocurrency, Finance, Financial Services, FinTech
• Geographical presence: Oakland, California
• Founded: 2018
• Notable portfolio companies: Polygon, NEAR Protocol, Aptos, Arweave
• Portfolio size: 423 investments

You can refer to their website here.

10. a16z crypto

a16z crypto is a venture fund dedicated to backing crypto companies and protocols at every stage. As the crypto-focused arm of Andreessen Horowitz, they invest from seed rounds to late-stage funding, supporting founders building the next generation of the internet.

The firm has a track record of supporting foundational companies, including Coinbase, which was one of the first major crypto companies to go public. Their portfolio also features category leaders like the NFT marketplace OpenSea and the high-throughput blockchain Solana, showing a focus on projects with potential for massive scale.

This firm is a strong fit for founders building ambitious Web3 infrastructure or applications with the potential to define a category. Teams seeking a long-term partner with deep operational resources to support growth from the earliest stages will find them to be a good match.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed, early-stage, and late-stage venture, including ICOs
• Industries of focus: Cryptocurrency and Financial Services
• Geographical presence: Menlo Park, California
• Founded: 2013
• Notable portfolio companies: Coinbase, OpenSea, Uniswap, Solana, Avalanche
• Portfolio size: Over 150 investments

You can refer to their website here.

11. CMT Digital

CMT Digital is a global venture capital and proprietary trading firm that invests in early-stage blockchain and Web3 companies. They focus on supporting founders from the seed stage onward, providing capital to build foundational financial technologies.

The firm's background in trading informs its investment approach, and its portfolio includes foundational companies like Coinbase, Circle, and Consensys. Their track record includes backing multiple unicorns and achieving a public exit with Coinbase's IPO, according to investment data.

This firm is a strong match for founders building core infrastructure in FinTech and crypto, especially those with ambitious, scalable business models. Teams seeking an investor with deep market knowledge and a history of backing category-defining companies would find a good partner here.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed, early-stage venture, and convertible notes
• Industries of focus: Blockchain, Cryptocurrency, Financial Services, FinTech
• Geographical presence: Chicago, Illinois
• Founded: 2017
• Notable portfolio companies: Coinbase, Circle, Consensys, BlockFi
• Portfolio size: Over 150 investments

You can refer to their website here.

12. Electric Capital

Electric Capital is a venture firm that invests in early-stage companies across the cryptocurrency, blockchain, and FinTech sectors. They support founders building foundational protocols and applications in the Web3 ecosystem.

The firm's portfolio highlights a focus on foundational infrastructure and market leaders, including the Ethereum development suite ConsenSys and the crypto exchange Kraken. Their investments span from seed to late-stage, showing they can support companies throughout their growth journey.

This firm is a strong match for founders building core Web3 infrastructure or applications with the potential for significant market adoption. Teams with a clear vision for creating category-defining products in DeFi, NFTs, or blockchain platforms will find them a relevant partner.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed, early-stage, and late-stage venture, including ICOs
• Industries of focus: Blockchain, cryptocurrency, and FinTech
• Geographical presence: Palo Alto, but invests globally
• Founded: 2013
• Notable portfolio companies: ConsenSys, Kraken, Magic Eden, dYdX, NEAR
• Portfolio size: Over 115 investments

You can refer to their website here.

13. Orange DAO

Orange DAO is a community-driven venture capital firm and accelerator that supports founders building in the Web3 space. They provide capital and network support to early-stage companies creating new crypto-native tools and platforms.

The firm’s portfolio highlights a focus on building the operational backbone for the crypto economy, with investments in companies like LiquiFi and Dework. This shows a preference for projects that provide essential infrastructure for Web3 companies and DAOs.

This firm is a strong match for founders creating tools that serve the broader Web3 ecosystem, particularly in areas like DAO operations or developer infrastructure. Teams that value a strong community and network of peers will find their model especially helpful.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed and early-stage venture
• Industries of focus: Cryptocurrency and Web3 infrastructure
• Geographical presence: San Francisco, California
• Founded: 2021
• Notable portfolio companies: LiquiFi, Alliance DAO, Dework, SimpleHash
• Portfolio size: Over 220 investments

You can refer to their website here.

14. Legendary Ventures

Legendary Ventures is a venture capital firm that accelerates growth for companies in the consumer retail space. They also back founders in the blockchain, FinTech, and cryptocurrency industries.

The firm's portfolio is notable for including high-valuation private firms like SpaceX and global brands like Airbnb. Their investment strategy is broad, covering everything from seed rounds to private equity, signaling their ability to support companies through their entire lifecycle.

This firm is a strong match for founders in consumer-focused industries, including those in crypto, who are building for massive scale. Their track record with household names suggests they are looking for companies with the potential to become market leaders.

Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

• Investment stages: Seed, early-stage, late-stage, private equity, and secondary market
• Industries of focus: Consumer retail, FinTech, blockchain, and cryptocurrency
• Geographical presence: New York, New York
• Founded: 2019
• Notable portfolio companies: SpaceX, Airbnb, Lululemon, Etsy, FiscalNote
• Portfolio size: 22 investments

You can refer to their website here.

What This Tells Us About The VC Scene for Cryptocurrency Companies

This review of top investors shows a healthy and varied funding environment for companies in the cryptocurrency sector. There is strong support for early-stage founders, with many firms focused on pre-seed, seed, and Series A rounds. At the same time, established VCs like a16z crypto and Blockchain Capital offer funding across all stages, giving you a path for continued growth.

While many of these firms are based in traditional tech hubs like the San Francisco Bay Area, their investment mandates are often global. The variety of investors—from corporate VCs to community-run DAOs—also gives you more options to find a partner that aligns with your company’s goals. Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help startups manage and deploy capital efficiently.

Raise Confidently with Rho

Fundraising requires significant time and energy, so a focused list of relevant investors is a major advantage. This guide is designed to help you target your outreach effectively and connect with the right partners.

After you secure your funding, the next step is to manage that capital with discipline and clarity. If you’ve just raised, Rho can help you set up your financial stack in minutes.

Our platform gives you the tools to deploy your new capital efficiently. We offer integrated business banking, corporate cards, and automated bill pay, all built for growing startups.

FAQs about Venture Capital Firms Focused on Cryptocurrency

Are there active crypto VC firms in Asia?

Yes, Asia has a growing number of active crypto investors. Cities like Singapore and Hong Kong are major hubs, with firms focusing on DeFi, NFTs, and Web3 infrastructure, offering capital and access to regional markets for founders.

Which European cities are hubs for Web3 venture capital?

London is a primary hub for Web3 venture capital in Europe, alongside cities like Berlin and Zug. These locations host firms that invest across stages, from seed to growth, supporting the region's expanding blockchain ecosystem.

How should I evaluate a blockchain venture capital firm?

Look beyond capital. Evaluate a firm’s portfolio for relevance, check the partners' expertise in your specific sector, and understand their level of hands-on support. The right partner provides strategic value that helps you grow your company.

What makes a pitch to a crypto VC firm successful?

A successful pitch clearly defines the problem you are solving and your unique solution. Demonstrate a strong team, show early traction or a working product, and present a clear vision for how you will capture a market.

What are the benefits of working with a corporate crypto VC?

Corporate VCs, like Coinbase Ventures or Ripple, can offer strategic benefits beyond funding. This includes potential product integrations, access to their established user base, and deep industry expertise that can accelerate your company’s growth and market presence.

How can Rho help after I secure funding?

Once you've raised capital, our platform helps you manage it. Rho provides integrated business banking, corporate cards, and automated bill pay, giving you the financial tools to deploy your funding with clarity and control.