14 Top Crypto Venture Capital Firms Active Right Now

For founders in the crypto and web3 space, preparing to raise capital means finding the right partners—investors who genuinely understand the technology and its potential. Knowing which crypto venture capital firms are active is a critical first step in that process.

To help you identify the right investors, our team at Rho curated this overview of top venture capital firms investing in cryptocurrency. It’s designed to help you quickly get familiar with the key players, whether you're looking for early-stage investors or a Series A partner.

Just raised, or about to? Set up your financial stack with Rho in minutes. We provide business banking, corporate cards, and bill pay—all built for startup teams moving fast.

Which VC Firms in Cryptocurrency Are Right for Your Stage?

Whether you're at the earliest stages of your company or preparing for an exit, it helps to know who to talk to. This overview breaks down which venture capital firms in cryptocurrency invest at each stage.

Pre-seed and Seed VC Firms in Cryptocurrency

Pre-seed and seed funding are the earliest forms of capital, intended to help you turn an idea into a viable product and find initial market traction. For founders at this stage, seed stage venture capital firms like Coinbase Ventures, Haun Ventures, and Orange DAO are often the right partners to approach.

Early Stage VC Firms in Cryptocurrency

Early-stage funding, which typically includes Series A and B rounds, is for companies with a proven product and growing customer base that need capital to scale operations. Among the many early stage VC firms, both Framework Ventures and CMT Digital are active web3 venture capital firms that invest at this level.

Late Stage VC Firms in Cryptocurrency

Late-stage venture capital is for established companies preparing for major growth, an acquisition, or an initial public offering (IPO). Well-known late stage VC firms in the Bay Area, such as the San Francisco-based Paradigm and Blockchain Capital, have a track record of backing companies through these final private rounds.

It's also worth noting that some of the most active venture capital firms, from New York to Silicon Valley, invest across all funding stages from seed to exit.

To help you find the right fit, we've gathered key details on the top venture capital firms investing in cryptocurrency. You'll find information on their preferred investment stages, geographic focus, and what makes each firm a strong potential partner.

1. Coinbase

As the investment arm of the public crypto exchange, Coinbase Ventures backs promising early-stage companies in crypto and web3. Their mission is to support the growth of the open financial system by investing in foundational protocols and platforms.

Their portfolio shows a clear focus on core infrastructure, with investments in the NFT marketplace OpenSea and Layer-2 networks like Arbitrum and Optimism. This signals a product-centric approach, especially since Optimism's technology powers Coinbase's own Base network.

Coinbase Ventures is an ideal partner for founders building critical web3 infrastructure or applications that could benefit from the broader Coinbase ecosystem. Teams seeking a strategic investor with deep operational experience will find a strong potential fit.

• Investment stages: Primarily pre-seed and seed, with investments across all stages
• Industries of focus: Web3, blockchain protocols, and fintech
• Geographical presence: San Francisco, California
• Founded: 2012
• Notable portfolio companies: OpenSea, Uniswap, Arbitrum, and StarkWare
• Key benefit: Strategic support from one of the largest companies in the crypto industry

You can refer to their website here.

2. Ripple

Ripple is a technology firm focused on enterprise-grade solutions for global payments, crypto liquidity, and central bank digital currencies. This positions them as a key player in financial infrastructure.

While rooted in crypto and payments, Ripple's venture investments show a broader interest in B2B software that solves practical business problems. Their portfolio includes companies like the transportation management system Rose Rocket and the developer productivity tool ZenHub.

This makes Ripple a compelling partner for founders building enterprise software, even outside of core fintech or web3. Teams creating practical B2B tools that need a strategic investor with deep enterprise connections may find a strong alignment here.

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

You can refer to their website here.

3. Paradigm

Paradigm is a research-driven investment firm that backs crypto companies and protocols from their earliest stages. They are known for taking a hands-on approach, providing support across technical and operational challenges.

Their portfolio includes foundational players like Coinbase, Uniswap, and OpenSea, signaling a focus on ambitious, product-centric teams building core infrastructure. This shows a clear preference for companies that have the potential to define their categories.

Paradigm is a strong match for founders with deep technical expertise who are building fundamental protocols or applications. If you value a partner who can contribute on a research and engineering level, they are a top firm to consider.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Web3, blockchain, cryptocurrency, and financial services
• Geographical presence: San Francisco, California
• Founded: 2018
• Notable portfolio companies: Coinbase, Uniswap, Optimism, OpenSea, and dYdX
• Number of investments: 126

You can refer to their website here.

4. Haun Ventures

Haun Ventures is an investment firm backing companies building the next generation of the internet with web3 technology. They partner with founders from the earliest stages to help bring ambitious ideas to market.

Their portfolio features some of the most recognized names in the industry, including the NFT marketplace OpenSea and the blockchain analytics firm Chainalysis. This focus on category-defining companies suggests they prioritize teams with the potential for significant, long-term impact.

Haun Ventures is a great potential partner for founders building ambitious web3 protocols and platforms. If you are aiming to create a market-leading company and value a partner with a strong network in the crypto ecosystem, this firm is one to consider.

• Investment stages: Seed and early stage venture
• Industries of focus: Cryptocurrency, financial services, and impact investing
• Geographical presence: Menlo Park, California
• Founded: 2021
• Notable portfolio companies: OpenSea, Chainalysis, Fireblocks, and Aptos Labs
• Number of investments: 30

You can refer to their website here.

5. Blockchain Capital

As one of the first venture firms dedicated to the sector, Blockchain Capital has been investing in blockchain-enabled technology companies since 2013. They provide capital across the company lifecycle, from the earliest seed rounds to late-stage growth.

Their portfolio features many of the industry's foundational companies, including Coinbase, Kraken, and OpenSea. This focus on category-defining players signals a product-centric approach and a preference for businesses that can become core infrastructure for the ecosystem.

Blockchain Capital is an excellent potential partner for founders building ambitious blockchain technology with high-growth potential. Their willingness to invest across all stages makes them a strong choice for teams seeking a long-term financial partner.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Bitcoin, Blockchain, Cryptocurrency, Finance, and FinTech
• Geographical presence: San Francisco, California
• Founded: 2013
• Notable portfolio companies: Aave, Coinbase, Kraken, and OpenSea
• Number of investments: 181

You can refer to their website here.

6. Solana

Solana is a blockchain platform for decentralized applications, and its venture arm invests to expand its ecosystem. They focus on backing projects that build directly on their high-performance network.

Their portfolio shows a clear product-centric strategy, backing companies that form the core infrastructure of the Solana ecosystem. Investments in the leading NFT marketplace Magic Eden and the popular Phantom wallet highlight a focus on foundational tools that drive user adoption, with portfolio data showing many have achieved significant scale.

Solana is an ideal partner for founders building applications or protocols specifically for the Solana blockchain. Teams that can benefit from deep technical integration and access to a vibrant developer community will find significant strategic value.

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

You can refer to their website here.

7. Framework Ventures

Framework Ventures is a venture capital firm that invests in founders building with blockchain technologies. They partner with companies from the earliest seed and ICO stages through early-stage venture rounds.

Their portfolio highlights a focus on foundational protocols, including DeFi leader Aave, which set a platform record by exceeding $40 billion in total value locked. They also backed the oracle network Chainlink, whose token market cap surpassed $20 billion, and the modular blockchain Celestia.

This firm is a strong potential partner for technical founders creating core infrastructure for the decentralized web. Teams building ambitious, category-defining products will find alignment with Framework's product-centric investment strategy.

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

You can refer to their website here.

8. Republic

Republic is a crowdfunding platform that offers investment opportunities in startups, real estate, and crypto, making private market investing more accessible. Their model is built to open up venture-style deals to a much broader audience of investors.

While they are active in the cryptocurrency space, their portfolio shows a wider focus on financial technology with mass-market appeal. They have backed major fintech companies like Plaid and Klarna alongside crypto leaders such as Kraken and Dapper Labs.

Republic is a compelling partner for founders who want to leverage a community-driven funding model and engage a broad base of supporters. Teams building financial products with wide appeal, whether in core crypto or adjacent fintech sectors, will find a strong fit here.

• Investment stages: Early stage venture
• Industries of focus: Crowdfunding, cryptocurrency, and financial services
• Geographical presence: New York, New York
• Founded: 2016
• Notable portfolio companies: Carta, Dapper Labs, Klarna, Kraken, and Plaid
• Number of investments: 78

You can refer to their website here.

9. Coinbase Ventures

As the corporate venture arm of Coinbase, Coinbase Ventures invests in early-stage companies building the future of the open, decentralized economy. Their primary goal is to support promising cryptocurrency and blockchain startups from the very beginning.

The firm's portfolio reveals a clear focus on foundational infrastructure, with investments in layer-1 and layer-2 protocols like Polygon, NEAR Protocol, and Aptos. This product-centric approach, highlighted in portfolio data, suggests a preference for technically ambitious teams building core components for the web3 ecosystem.

Coinbase Ventures is an excellent match for founders building critical web3 protocols and platforms who seek a strategic partner with deep operational ties to the industry. Teams that can benefit from the broader Coinbase ecosystem will find a strong alignment here.

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

You can refer to their website here.

10. a16z crypto

As the dedicated crypto fund of Andreessen Horowitz, a16z crypto invests in web3 companies and protocols at every stage. They provide long-term capital to support founders building the next generation of the internet.

Their portfolio features many of the industry's foundational players, including Coinbase, OpenSea, and Uniswap. This focus on category-defining companies signals a product-centric approach, with a clear preference for ambitious teams building core infrastructure for the decentralized web.

This firm is a strong match for founders with deep technical expertise who are building fundamental protocols or platforms. Teams seeking a long-term partner with significant resources and a track record of backing market leaders will find a strong fit.

• Investment stages: Seed, early stage, late stage, and ICO
• Industries of focus: Cryptocurrency, financial services, and venture capital
• Geographical presence: Menlo Park, California
• Founded: 2013
• Notable portfolio companies: Coinbase, OpenSea, Uniswap, Solana, and Avalanche
• Number of investments: 151

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 providing capital to founders building in the cryptocurrency, fintech, and financial services sectors.

Their portfolio features foundational companies like Coinbase and Circle, the issuer of the USDC stablecoin. This focus on core financial infrastructure, confirmed by portfolio data, signals a product-centric approach and an eye for businesses with long-term potential.

CMT Digital is a strong potential partner for founders building ambitious financial infrastructure or core blockchain technology. Teams seeking an investor with a track record of backing companies through to public listings and major exits will find a good fit.

• Investment stages: Seed and early stage venture
• Industries of focus: Blockchain, Cryptocurrency, Financial Services, and FinTech
• Geographical presence: Chicago, Illinois
• Founded: 2017
• Notable portfolio companies: Coinbase, Circle, Consensys, and BlockFi
• Portfolio size: 157 investments

You can refer to their website here.

12. Electric Capital

Electric Capital is a venture firm that invests in companies building with blockchain and cryptocurrency technologies. They focus on fintech and marketplaces, backing founders from the earliest stages of development.

Their portfolio is filled with foundational companies like the crypto exchange Kraken and web3 infrastructure provider ConsenSys. This signals a product-centric approach, with a clear preference for ambitious teams building core components for the decentralized economy.

Electric Capital is a strong potential partner for founders creating fundamental protocols or platforms with high-growth potential. Their willingness to invest across all stages makes them a good fit for teams seeking a long-term financial partner.

• Investment stages: Seed, early stage, late stage, and ICO
• Industries of focus: Cryptocurrency, blockchain, fintech, and marketplaces
• Geographical presence: Palo Alto, California
• Founded: 2013
• Notable portfolio companies: Kraken, ConsenSys, Magic Eden, dYdX, and NEAR
• Portfolio size: 115 investments

You can refer to their website here.

13. Orange DAO

Orange DAO operates as a community-driven venture capital firm, structured as a decentralized autonomous organization. They invest in and support web3 startups, backed by a large collective of founders and operators.

Their portfolio shows a clear focus on infrastructure, with investments in companies like LiquiFi, a cap table tool for crypto, and Dework, a task-management platform for DAOs. This signals a product-centric approach, backing teams that build essential tools for the web3 ecosystem.

Orange DAO is a great fit for founders building practical web3 infrastructure or applications that serve other crypto projects. Teams who value a community-led model and want access to a broad network of fellow builders will find a strong alignment.

• Investment stages: Seed and early stage venture
• Industries of focus: Cryptocurrency, Venture Capital
• Geographical presence: San Francisco, California
• Founded: 2021
• Notable portfolio companies: LiquiFi, Alliance DAO, Dework, and SimpleHash
• Number of investments: 224

You can refer to their website here.

14. Legendary Ventures

Legendary Ventures is a venture capital fund that invests in consumer retail companies, with a scope that includes blockchain and cryptocurrency. They focus on accelerating value creation for businesses that connect directly with a broad customer base.

The firm's portfolio is notable for its inclusion of household names like SpaceX, Airbnb, and Lululemon, as highlighted in reports. This focus on globally recognized brands signals a preference for companies with massive market potential and strong consumer appeal.

Legendary Ventures is a strong potential partner for founders building consumer-facing businesses, including those in the web3 space. Teams aiming to build a major brand with broad, mainstream appeal will find a good fit with their strategy.

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

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 mature funding environment for companies in the cryptocurrency sector. You'll find strong support at the earliest stages, with many firms focused on pre-seed and seed rounds. At the same time, established players such as Paradigm and Blockchain Capital provide capital across all stages, offering the potential for long-term partnership as you grow.

Geographically, the concentration is clear: the San Francisco Bay Area remains the primary hub for crypto venture capital, with a secondary center in New York. This variety in both funding stage and investor type means you have options when seeking a partner who fits your company's specific needs and growth plans.

Raise Confidently with Rho

Fundraising requires significant time and focus, so approaching the right investors from the start is critical. We hope this list helps you connect with partners who are genuinely aligned with your vision.

Once your round is closed, the work of building your company continues. If you’ve just raised, Rho can help you set up your financial stack in minutes.

Our platform is built to help you manage your new capital with confidence and control. We provide business banking, corporate cards, and automated bill pay designed for startups.

FAQs about Venture Capital Firms Focused on Cryptocurrency

What are the most active crypto VC firms in New York?

New York is a major center for both fintech and crypto venture capital firms. Investors like Republic and Legendary Ventures are based here, alongside many others focused on financial services, making it a key city for fundraising.

Are there major web3 venture capital firms outside the US?

Yes, while the US is a primary hub, significant web3 VC firms operate globally. Key international centers for crypto investment include London, Singapore, and Hong Kong, providing founders with a wider range of funding options across different regions.

How do I find seed stage venture capital firms for my crypto startup?

Start by researching the portfolios of active seed stage investors like Coinbase Ventures and Orange DAO. Attending industry events and using databases that track early-stage crypto investments are also effective ways to identify potential partners for your company.

What's the difference between a crypto VC firm and a traditional VC?

Crypto-native VC firms offer deep expertise in blockchain technology, tokenomics, and decentralized governance. They often provide more specialized support on protocol design and community growth than traditional venture capital firms, which may have a broader focus.

How important is a warm introduction to a blockchain venture capital firm?

A warm introduction from a trusted contact in their network is highly valuable and can significantly improve your chances of securing a meeting. However, many crypto VCs are also receptive to well-researched cold outreach from strong founding teams.

How can I manage my funding after a successful Series A round?

Once your round closes, managing capital effectively is critical for growth. Our platform helps you set up banking, corporate cards, and payments in minutes. Get started with Rho to manage your new funding with confidence.