Multicoin Capital

Multicoin Capital is a thesis-driven investment firm focused on cryptoassets, tokens, and blockchain companies addressing trillion-dollar markets. Founded in 2017, the firm manages a hedge fund and venture funds, investing across public and private markets on behalf of institutional investors, foundations, endowments, family offices, and other long-term capital providers. Its master fund invests predominantly in tokens, while its venture strategy partners with early-stage crypto companies and founders.

Multicoin invests across areas including blockchain execution, stablecoins, decentralized finance, real-world assets, payments, decentralized physical infrastructure networks, applications, cryptography, maximum extractable value infrastructure, and the intersection of crypto and artificial intelligence. The firm describes itself as crypto-native and hands-on, participating in the networks it backs and working to support portfolio companies. Its approach emphasizes independent investment theses, token economic models, and valuation methodologies.