Venture capital firm

Multicoin Capital

Thesis-driven crypto investment firm running a token-focused master fund and an early-stage venture fund

Visit Website Get introducedRequest an introduction Write a Review

TrustList summary

Multicoin Capital is an investment firm that makes long-term, concentrated bets on crypto companies and protocols in both public and private markets. It manages money for families, foundations, endowments and institutional investors. Its investment approach starts from a set of written theses about where the industry is heading.

What Multicoin Capital offers

Master fund: A thematic, long-oriented hedge fund founded in 2017 that holds mostly tokens.
Venture fund: Early-stage investments in crypto founders, with a third fund raised in January 2022.
Research: Published analysis on subjects such as payments over crypto rails, MEV and NFT marketplaces.
Events: An annual summit with recorded talks.

Who it serves

Sophisticated private investors and institutions on the fund side, and crypto entrepreneurs and protocol teams on the investment side.

Key facts

Master fund started: 2017
Investment style: Thesis-driven, high conviction, long horizon
Markets: Public and private

Summary written by TrustList from the business's own published information, Oct 2026.

Categories & features

Rankings

Multicoin Capital is ranked on 2 TrustList rankings: #13 on 1 and #47 on 1.

Every ranking orders its listings by their reviews, how complete the profile is and the Trust Score. Multicoin Capital has no reviews yet and 3 of the 10 profile details we look for. Where no listing on a page has been reviewed, the order follows the profiles alone.

Venture capital firm · 2 rankings

#13of 21
Marketplace investors
It is the only one of the 21 here listing crypto and web3.
Of the 21 here, 9 also cover SaaS and 7 also cover series a; 4 also work in Silicon Valley and 3 also work in New York City.
Behind Magma Partners, ahead of Nero Ventures.
#47of 71
Crypto investors
It is the only one of the top 62 here listing marketplaces.
Of the top 62 here, 12 also cover blockchain and 10 also cover artificial intelligence; 6 also work in San Francisco and 2 also work in Washington, Dc.
Behind Muhabbit Capital Ventures, ahead of Nascent.