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Multicoin Capital

Multicoin Capital

Venture Capital
United StatesEst. Jan 1, 2017111 investments

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. Category: Crypto-Native Fund Founded: Jan , Location: United States

Portfolio

111
EyesFi
EyesFi

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Funding
Marginfi
Marginfi

Decentralized portfolio margining protocol

Funding$3.0MFeb 2022
CrunchDAO
CrunchDAO

AI research community

Funding
Binance
Binance
Funding$2.0BMar 2025
MobileCoin
MobileCoin

A private cryptocurrency

Series B$66.0MAug 2021
Spindl
Spindl

Onchain Ads and Attribution Platform

Funding
Eden Network
Eden Network

Multi-chain infrastructure provider

Seed$17.4MSep 2021
TipLink
TipLink

Lightweight wallet

Funding
Fhenix
Fhenix

Blockchain powered by homomorphic encryption

Series A$15.0MJun 2024
Forward Industries
Forward Industries

Solana Treasury Company

Funding
Solscan
Solscan

Solana blockchain explorer

Funding
Solana
Solana

High performance underlying blockchain

Funding$314.0MJun 2021
Mountain Protocol
Mountain Protocol

Stablecoin Protocol

Series A$8.0MJun 2024
FastLane
FastLane

Hybrid MEV protocol

Funding
Fluidity
Fluidity

Yield farming protocol

Seed$1.3MOct 2022
Swivel Finance
Swivel Finance

Protocol for Fixed Rate Lending and Tokenized Cash Flow

Strategic$3.5MOct 2021
RabbitX
RabbitX

Decentralised Perpetuals Trading on StarkNet

Funding
Satellite IM
Satellite IM

Decentralized communications platform

Funding
DFlow
DFlow

Decentralized order flow marketplace

Funding$5.5MApr 2023
Circuit Trading
Circuit Trading

Decentralised, multi-chain market maker

Funding
Babel Finance
Babel Finance

Cryptocurrency financial institution

Funding
Clockwork
Clockwork

Decentralized automation network for Solana

Seed$4.0MAug 2022
FanTiger
FanTiger

Music NFT Marketplace

Funding
Arch Network
Arch Network

Bitcoin-Native Application Platform

Series A$13.0MApr 2025
Salad Ventures
Salad Ventures

P2E ecosystem catalyst and builders

Funding
World
World

Global identity and financial network

Funding$65.0MMar 2026
Spring Labs
Spring Labs

Financial technology company

Funding
LI.FI
LI.FI

Cross-chain bridge aggregation protocol

Funding$29.0MDec 2025
El Dorado
El Dorado

Peer-to-peer cryptocurrency wallet

Funding
Oxio
Oxio

Telecom-as-a-service (TAAS) platform

Funding
Qilin Protocol
Qilin Protocol

Permissionless derivatives trading for any assets

Funding
Inference
Inference

Distributed GPU cluster for LLM inference

Funding
Filebase
Filebase

Object storage platform powered by decentralized storage networks

Funding
AladdinDAO
AladdinDAO

Decentralized investment network

Funding
Delphia
Delphia

Mobile-investment platform

Funding
Mevvy
Mevvy

MEV execution platform

Funding
Dune
Dune

Data platform for the open web

Funding
Cabin
Cabin

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Funding$2.5MFeb 2022
Exponent Finance
Exponent Finance

Solana’s DeFi fixed rate market

Funding
Web3Auth
Web3Auth

Pluggable auth infrastructure

Funding
dForce
dForce

A complete set of decentralized finance protocols

Funding$1.5MJul 2019
Genies
Genies

Avatar technology company

Funding
P2P.me
P2P.me

Peer-to-Peer Platform

Funding
BetDEX
BetDEX

Sports betting exchange

Seed$21.0MNov 2021
Farcaster
Farcaster

Decentralized social network

Series A$150.0MMay 2024
MathWallet
MathWallet

The Multichain Wallet for Web3

Series B$12.0MDec 2020
Community Gaming
Community Gaming

All-in-one esports competition platform

Funding
hawku
hawku

Marketplace for utility and gaming NFTs

Funding
Hubble Protocol
Hubble Protocol

Solana borrowing and lending marketplace

Seed$3.6MSep 2022
GLIF
GLIF

Filecoin’s premier staking protocol

Funding
Galxe
Galxe

Web3 credential data network

Funding$15.0MMay 2021
Squads
Squads

Smart account standard for SVM

Funding
Tari
Tari

Privacy-focused network

Funding
Jenny
Jenny

Metaverse DAO and social token on Unicly

Funding$7.0MMay 2021
dClimate
dClimate

Decentralized Network for Climate Data

Funding
NEAR Protocol
NEAR Protocol

Layer-one blockchain

Funding$350.0MApr 2022
Sei Network
Sei Network

Layer 1 blockchain for digital assets exchange

Strategic$30.0MApr 2023
Manta Network
Manta Network

Multi-modular ecosystem for ZK applications

Series A$25.0MJul 2023
LayerZero
LayerZero

Omnichain interoperability protocol for cross-chain messaging

Funding
Internet Computer / Dfinity
Internet Computer / Dfinity

Open-source blockchain network

Strategic$20.5MMar 2026
XION
XION

Wallet-less Chain Abstraction L1

Series A$8.0MMay 2026
Cyber
Cyber

The L2 for Social

ICO$5.4MMay 2023
Coin98 Finance
Coin98 Finance

All In One DeFi Platform

Funding$3.8MJul 2021
io.net
io.net

Decentralized computation network

Series A$30.0MMar 2024
OpenOcean
OpenOcean

DeFi and CeFi full aggregator

Funding
Wormhole
Wormhole

Web3 Universal Messaging Protocol

Funding$225.0MNov 2023
Algorand
Algorand

Decentralized blockchain infrastructure

Funding$66.0MJun 2019
StarkNet
StarkNet

decentralized ZK-Rollup

Series D$100.0MMay 2022
The Graph
The Graph

Decentralized protocol for indexing and querying blockchain data

Funding$50.0MJan 2022
Backpack
Backpack

Non-custodial centralized exchange with self-custody trading

Funding
THORChain
THORChain

Decentralized Liquidity Network

Funding
Pyth Network
Pyth Network

Oracle Solution

Funding
Zama
Zama

Crypto privacy protocol

Funding
Recall
Recall

Decentralized Verifiable AI agents Platform

Funding
Render
Render

Rendering solution provider based on decentralized GPU

ICO$1.2MDec 2021
Lido
Lido

Liquid staking solution

Funding$25.0MAug 2022
Helium
Helium

Decentralized network of wireless Hotspots

Series D$200.0MMar 2022
SKALE
SKALE

Ethereum native, modular blockchain network

Funding$5.0MSep 2020
Enso
Enso

Intent engine powering the intent-centric future

Funding$4.2MApr 2021
Flow
Flow

Rollup-centric NFT ecosystem

Funding$18.5MOct 2020
Pipe Network
Pipe Network

Decentralized Content Delivery Network

Series A$10.0MSep 2024
Drift
Drift

Solana On-Chain Asset Trading Center

Series B$25.0MSep 2024
Audius
Audius

Decentralized music streaming protocol

Strategic$3.1MJul 2022
GEODNET
GEODNET

Global Earth Observation Decentralized Network

Funding$8.0MFeb 2025
Mezo
Mezo

Bitcoin Economic Layer

Funding$7.5MJul 2024
Fuse
Fuse

Decentralised Renewable Energy Network

Funding
Arweave
Arweave

Decentralized Data Storage Protocol

Funding$8.3MMar 2020
Stella
Stella

---

Funding
Across Protocol
Across Protocol

Optimistic cross-chain bridge protocol

Funding$41.0MMar 2025
Braintrust
Braintrust

Decentralized Talent Network

Funding$100.0MDec 2021
Frax
Frax

Stablecoin Protocol

Funding
Jito
Jito

MEV infrastructure for Solana

Funding$50.0MOct 2025
Perpetual Protocol
Perpetual Protocol

Decentralized perpetual contract protocol

Funding$1.8MAug 2020
Timeswap
Timeswap

AMM-based decentralized money market protocol

IDO$2.0MJan 2025
Mango
Mango

DeFi lending protocol

IDO$70.0MJul 2021
DoubleZero
DoubleZero

A new Internet optimized for distributed system

Funding$28.0MMar 2025
Furucombo
Furucombo

---

Funding
Superfluid
Superfluid

Stream payments protocol

Strategic$5.1MFeb 2024
Hivemapper
Hivemapper

Map Internet of Things (IoT) Platform

Funding$18.0MApr 2022
Fluence
Fluence

Web3 native computing platform

Series A$9.0MFeb 2022
Livepeer
Livepeer

Decentralized video streaming network

Funding$20.0MJan 2022
Sommelier
Sommelier

Coprocessor for Ethereum

Funding
Grape Protocol
Grape Protocol

Crypto community tool

Funding
Oxygen
Oxygen

DeFi prime brokerage service

Funding$40.0MFeb 2021
Fun
Fun

Blockchain software development company

Funding
Gradient
Gradient

Open Source AI Infrastructure

Funding
Aptos
Aptos

Scalable layer 1 blockchain

Series A$150.0MJul 2022
Portals
Portals

A browser-based metaverse

Funding
Paxos
Paxos

Regulated blockchain infrastructure

Series D$300.0MApr 2021
Kadena
Kadena

Layer1 Blockchain with PoW as the consensus

Funding$20.0MNov 2019
Saffron Finance
Saffron Finance

Decentralised risk exchange protocol

Funding

News

$Peppy 6.38x+ 🚀 Called around $18k MC → surged to $115k MC 📈 Strong momentum expansion from the early entry as buyers piled in and volume picked up aggressively 🔥 CA: 14B2Ag1P5iTfXR2ThCHXLhqzYb6er5sjH4rxUjq7pump #Peppy #memecoin #Solana #crypto https://x.com/Insider_Caller/status/205922195893

@insider_callerMay 2026

DEXScreener Detects 16 New Tokens on Solana, Base, BSC, PulseChain

@dexsignalsMay 2026

🇵🇭 JUST IN: Binance to enter the Philippines again via a BlockShoals partnership under the SEC’s sandbox framework.

@cz_binanceMay 2026

那这能说明什么呢? 我们自己的Binance Alpha情报早就抓到了,这是一个Sablier的多签释放解锁合约地址 这个服务会根据预先设立好的释放规则释放 有可能是投资的VC、KOL agency、MM、甚至是交易所要求项目方多签锁仓 不管哪一种,都不能因此说这是内幕这是操盘 真正的内幕或者庄地址,往往是淹没在EOA普通地址里没有任何分别的集群 所以Zach到底想表达什么呢?要么是不懂,要么就是故意的 利益相关:没有半毛钱利益,连个空单都没开

@thecryptoskandaMay 2026

Solana TPS: theoretical. My actual transaction speed: waiting for the meme to die.

@vicoindaoMay 2026

有教无类 我觉得表哥的书做成图 做成动画 也能让更多人 甚至是没有接受教育的人和小孩子 理解真正的货币自由 @cz_binance

@0xmoonMay 2026

DEXScreener Detects Multiple New Token Listings Across Solana, TON, and Base Chains

@dexsignalsMay 2026

Binance Launches Event Rush for Tokenized Event Trading, Binance Square Live Trading & CreatorPad Rewards

@insider_callerMay 2026

Binance Alpha Launches SLX, B2 Contest, and Second GWEI Airdrop

Binance SquareMay 2026

Report: Solana Activity Hits Record High Despite SOL’s 33% Q1 Drop

CryptoPotatoMay 2026